1516 Wellington Cres
Faribault, MN 55021
3 bd 2 ba 1,906 sqft Built 1968 Lot 17,816 sqft single_family
Most recent sale
$237,500
Oct 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 14, 2023 | Sold | $235,000 | NorthstarMLS |
| Oct 19, 2022 | Sold | $237,500 | MLS #6255127 |
| Sep 15, 2022 | Price changed | $245,000 | MLS #6255127 |
| Sep 8, 2022 | Price changed | $260,000 | MLS #6255127 |
| Aug 30, 2022 | Listed | $275,000 | MLS #6255127 |
| Jul 15, 2022 | Listed | $267,500 | MLS #6235265 |
| Sep 16, 2015 | Sold | $178,150 | MLS #4600178 |
| Aug 3, 2015 | Sold | $178,152 | Public Record |
| May 19, 2015 | Listed | $174,800 | MLS #4600178 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $180,800 | $2,260 |
| 2019 | — | — | $170,900 | $2,108 |
| 2018 | — | — | $156,900 | $2,034 |
| 2017 | — | — | $147,100 | $1,960 |
| 2016 | — | — | $136,700 | $1,964 |
| 2015 | — | — | $133,700 | $1,874 |
| 2014 | — | — | $133,800 | $2,002 |
| 2013 | — | — | $130,600 | $1,850 |
| 2012 | — | — | $130,600 | $1,750 |
| 2011 | — | — | $139,900 | $1,620 |
| 2010 | — | — | $167,300 | $1,686 |
| 2009 | — | — | $200,100 | $1,732 |
| 2006 | — | — | $194,200 | $1,734 |
Property facts
Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,906 sqft
Lot size
17,816 sqft
ZIP code
55021
City
Faribault
Street
Wellington Cres
Coordinates
44.27693, -93.29115
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,425
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1516 Wellington Cres last sell?
1516 Wellington Cres most recently sold on Oct 19, 2022 for $237,500.
What is the current tax assessment for 1516 Wellington Cres?
The most recent total assessment for 1516 Wellington Cres (year 2020) is $180,800 with $2,260 in property tax.
How does 1516 Wellington Cres's assessment compare to its last sale price?
The current assessment is 23.9% below the last sale price of $237,500.
When was 1516 Wellington Cres built?
1516 Wellington Cres was built in 1968.
How does 1516 Wellington Cres compare to others on Wellington Cres?
We track 8 other properties on Wellington Cres. Browse the list under "Other properties on Wellington Cres" to compare beds, baths, and sale history.
What are the property facts for 1516 Wellington Cres?
1516 Wellington Cres is a 3 bed, 2 bath, 1,906 sqft, 17,816 sqft lot single_family.
Is 1516 Wellington Cres a flip candidate?
No — 1516 Wellington Cres does not appear in our flips dataset.
Is 1516 Wellington Cres a tax-appeal candidate?
No — 1516 Wellington Cres is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Wellington Cres