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1400 Mitchell Dr

Faribault, MN 55021

3 bd 3 ba 2,178 sqft Built 1969 Lot 9,583 sqft single_family
Most recent sale
$275,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2025 Sold $319,900 NorthstarMLS
Apr 3, 2025 Listed $319,900 NorthstarMLS
Sep 9, 2022 Sold $275,000 MLS #6219929
Jul 19, 2022 Price changed $299,900 MLS #6219929
Jun 30, 2022 Price changed $317,000 MLS #6219929
Jun 24, 2022 Price changed $325,000 MLS #6219929
Jun 15, 2022 Sold $310,000 Public Record
Jun 14, 2022 Listed $330,000 MLS #6219929
May 23, 2022 Sold $310,000 MLS #6175402
Apr 6, 2022 Listed $299,000 MLS #6175402
Aug 24, 2016 Sold $175,000 MLS #4739042
Jul 13, 2016 Listed $175,000 MLS #4739042
Oct 4, 2007 Sold $180,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $217,400 $60,700 $278,100 $3,432
2020 $174,200 $2,210
2019 $166,900 $2,066
2018 $153,600 $2,064
2017 $149,400 $1,860
2016 $129,300 $1,856
2015 $125,900 $1,768
2014 $125,800 $1,876
2013 $122,000 $1,732
2012 $122,000 $1,652
2011 $131,700 $1,516
2010 $158,500 $1,488
2009 $181,500 $1,536
2006 $175,800 $1,536

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,178 sqft
Lot size
9,583 sqft
ZIP code
55021
City
Faribault
Street
Mitchell Dr
Coordinates
44.27778, -93.28912

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
$3,267
Gross rental yield
14.26%
Implied cap rate
9.27%
Trend-extrapolated value

Frequently asked questions

When did 1400 Mitchell Dr last sell?
1400 Mitchell Dr most recently sold on Sep 9, 2022 for $275,000.
What is the current tax assessment for 1400 Mitchell Dr?
The most recent total assessment for 1400 Mitchell Dr (year 2025) is $278,100 with $3,432 in property tax.
How does 1400 Mitchell Dr's assessment compare to its last sale price?
The current assessment is 1.1% above the last sale price of $275,000.
When was 1400 Mitchell Dr built?
1400 Mitchell Dr was built in 1969.
How does 1400 Mitchell Dr compare to others on Mitchell Dr?
We track 8 other properties on Mitchell Dr. Browse the list under "Other properties on Mitchell Dr" to compare beds, baths, and sale history.
What are the property facts for 1400 Mitchell Dr?
1400 Mitchell Dr is a 3 bed, 3 bath, 2,178 sqft, 9,583 sqft lot single_family.
Is 1400 Mitchell Dr a flip candidate?
No — 1400 Mitchell Dr does not appear in our flips dataset.
Is 1400 Mitchell Dr a tax-appeal candidate?
No — 1400 Mitchell Dr 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
+4.2%
Implied 1-yr
+16.6%
2026 Q3
$362.7K
2026 Q4
$374.5K
ZIP 55021 — Median Price History + Forecast

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