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Sold on 11/13/2023
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516 1st St Sw, Faribault, MN 55021

$262,000

Last sold 11/13/2023 for $235K

  • 4

    bed

  • 1

    bath

  • 1,296

    Sqft ($182/Sqft)

House not for sale
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About 516 1st St Sw

Property type House
Year built 1956
HOA fee $0/month
Lot size 7,739 Sqft
Movoto estimate
Property description
This 4-bedroom, 1-bathroom single-family home is located at 516 1st St Sw, Faribault, MN, 55021 in Rice County and was built in 1956. This home offers 1,296 square feet of living space on a 7,739 sq ft lot. The estimated market value is $262,000, approximately $202 per square foot.
$262K
Range: $214K-$309K
Last 30 days 
  • — Off Market
    —
  • Nov 2023
    Public Records
  • Nov 13, 2023 Sold
    $235,900
  • Nov 2023
  • Nov 7, 2023 Sold
    $235,900
  • Oct 2, 2023 Pending
    —
  • Sep 13, 2023 Price Change
    $235,900 (-1.7%)
  • Aug 17, 2023 Coming Soon
    $239,900 (+9.0%)
  • Jun 2021
    Public Records
  • Jun 3, 2021 Sold
    $220,000
  • Jun 2021
  • Jun 2, 2021 Sold
    $220,000 (+12.8%)
  • May 3, 2021 Pending
    —
  • Apr 23, 2021 Listed
    $195,000
  • Apr 19, 2021 Coming Soon
    $195,000 (+3.8%)
  • Apr 1, 2021 Listed
    —
  • Aug 2013
  • Aug 16, 2013 Comp Sold
    $187,935
  • Year Property taxes Tax assessment
  • 2026
    $2,654 +6.7%
    $246,900 +4.66%
  • 2025
    $2,488 -0.9%
    $235,900 +4.2%
  • 2024
    $2,510 -4.6%
    $226,400
  • 2023
    $2,630 +32.0%
    $226,400 +5.5%
  • 2022
    $1,992 +9.6%
    $214,600 +26.68%
  • 2021
    $1,818 +5.6%
    $169,400 +8.31%
  • 2020
    $1,722 +8.4%
    $156,400 +3.03%
  • 2019
    $1,588 +12.0%
    $151,800 +7.81%
  • 2018
    $1,418 +35.0%
    $140,800 +11.57%
  • 2016
    $1,050
    $126,200
  • 516 1st St Sw
    $235K
  • —
  • 55021
    $369K +5% y/y
  • Faribault
    $369K +4% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
522 1st St Sw, Faribault, MN 55021 $228,000 2/1 1,209 0.02
510 1st St Sw, Faribault, MN 55021 $226,000 2/1 1,296 0.02
24 5th Ave Sw, Faribault, MN 55021 $258,000 4/1 2,234 0.02
524 1st St Sw, Faribault, MN 55021 $250,000 3/1 1,475 0.03
519 1st St Sw, Faribault, MN 55021 $390,000 5/3 1,810 0.03
511 1st St Sw, Faribault, MN 55021 $259,000 2/1 1,300 0.03
18 5th Ave Sw, Faribault, MN 55021 $237,000 3/2 1,232 0.03
532 1st St Sw, Faribault, MN 55021 $273,000 3/1 1,976 0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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6/10
Roosevelt Elementary School
public Grades PK, K-5
Faribault Public School District
2/10
Faribault Middle School
public Grades 6-8
Faribault Public School District
4/10
Faribault Senior High School
public Grades 9-12
Faribault Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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