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515 9th St

Faribault, MN 55021

3 bd 1 ba 1,106 sqft Built 1923 Lot 13,504 sqft single_family
Most recent sale
$208,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $208,000 MLS #6245376
Aug 5, 2022 Listed $197,500 MLS #6245376
Mar 2, 2017 Sold $138,900 MLS #4777545
Nov 14, 2016 Listed $139,900 MLS #4777545
Sep 22, 2008 Sold $119,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $106,900 $1,346
2019 $98,400 $1,196
2018 $85,700 $1,156
2017 $80,300 $1,396
2016 $64,600 $33,900 $98,500 $1,394
2015 $62,400 $33,900 $96,300 $1,020
2014 $69,300 $1,056
2013 $65,800 $964
2012 $65,800 $1,126
2011 $88,200 $1,008
2010 $115,200 $942
2009 $65,500 $50,900 $116,400 $832
2006 $110,900 $1,134

Property facts

Year built
1923
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,106 sqft
Lot size
13,504 sqft
ZIP code
55021
City
Faribault
Street
9th St
Coordinates
44.29996, -93.27709

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,659
Gross rental yield
9.57%
Implied cap rate
6.22%
Trend-extrapolated value

Frequently asked questions

When did 515 9th St last sell?
515 9th St most recently sold on Oct 7, 2022 for $208,000.
What is the current tax assessment for 515 9th St?
The most recent total assessment for 515 9th St (year 2020) is $106,900 with $1,346 in property tax.
How does 515 9th St's assessment compare to its last sale price?
The current assessment is 48.6% below the last sale price of $208,000.
When was 515 9th St built?
515 9th St was built in 1923.
How does 515 9th St compare to others on 9th St?
We track 8 other properties on 9th St. Browse the list under "Other properties on 9th St" to compare beds, baths, and sale history.
What are the property facts for 515 9th St?
515 9th St is a 3 bed, 1 bath, 1,106 sqft, 13,504 sqft lot single_family.
Is 515 9th St a flip candidate?
No — 515 9th St does not appear in our flips dataset.
Is 515 9th St a tax-appeal candidate?
No — 515 9th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast

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