Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 78M+ records · 29M+ properties All 50 states Methodology

616 Prairie Ave

Faribault, MN 55021

2 bd 1 ba 1,521 sqft Built 1873 Lot 11,326 sqft single_family
Most recent sale
$168,200
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2022 Sold $168,200 MLS #6109788
Oct 15, 2021 Listed $168,000 MLS #6109788
Oct 16, 2008 Sold $58,951 Public Record
Feb 29, 2000 Sold $78,000 MLS #1466627
Nov 22, 1999 Listed $77,500 MLS #1466627

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $74,500 $1,044
2019 $63,000 $906
2018 $56,700 $844
2017 $54,600 $842
2016 $53,900 $856
2015 $53,900 $934
2014 $49,600 $942
2013 $49,600 $870
2012 $52,000 $822
2011 $83,900 $784
2010 $83,900 $668
2009 $97,800 $656
2006 $96,000 $678
2005 $91,300 $544

Property facts

Year built
1873
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,521 sqft
Lot size
11,326 sqft
ZIP code
55021
City
Faribault
Street
Prairie Ave
Coordinates
44.28457, -93.28809

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,009
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 616 Prairie Ave last sell?
616 Prairie Ave most recently sold on Mar 4, 2022 for $168,200.
What is the current tax assessment for 616 Prairie Ave?
The most recent total assessment for 616 Prairie Ave (year 2020) is $74,500 with $1,044 in property tax.
How does 616 Prairie Ave's assessment compare to its last sale price?
The current assessment is 55.7% below the last sale price of $168,200.
When was 616 Prairie Ave built?
616 Prairie Ave was built in 1873.
How does 616 Prairie Ave compare to others on Prairie Ave?
We track 8 other properties on Prairie Ave. Browse the list under "Other properties on Prairie Ave" to compare beds, baths, and sale history.
What are the property facts for 616 Prairie Ave?
616 Prairie Ave is a 2 bed, 1 bath, 1,521 sqft, 11,326 sqft lot single_family.
Is 616 Prairie Ave a flip candidate?
No — 616 Prairie Ave does not appear in our flips dataset.
Is 616 Prairie Ave a tax-appeal candidate?
No — 616 Prairie Ave 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

Explore nearby