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Sold on 04/28/2026
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518 7th Ave NW, Faribault, MN 55021

$145,000

Last sold 04/28/2026 after 7 Days

  • 2

    bed

  • 1

    bath

  • 1,216

    Sqft ($119/Sqft)

House not for sale
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About 518 7th Ave NW

Property type House
Neighborhood
Year built 1889
HOA fee $0/month
Lot size 5,532 Sqft
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
Full of charm and potential, this fixer-upper is a great opportunity for investors and savvy buyers! Featuring a detached garage. Convenient main-level laundry, two bedrooms upstairs, and a bath. Enjoy a welcoming front porch and a rear porch perfect for relaxing. Located in a desirable Faribault neighborhood, this home is ready for your vision.
Listed by
Listing Agent - Carrie Hopkins
Listing Office - Weichert, REALTORS- Heartland
Source: Northstar MLS mls logo
MLS#7058679 • last updated 2 months ago
Movoto checked Northstar MLS for data 5 minutes ago
Overview
Cooling/AC Wall Unit(s)
Heating Forced Air
Levels/Style One And One Half
MLS # 7058679
Type Residential
SubType Single Family
Property Tax 1480
Tax Assessment 1540
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Total # of Bathrooms 1
Bathrooms Upper Level 3/4 Bath
# Full Baths 1
# Bedrooms 2
Laundry In Kitchen
Accessibility Features None
Interior Features Ceiling Fan(s), Kitchen Window, Porch
Exterior
# Garage Spaces 1
Parking Desc Detached Garage
Amenities / Utilities
Water Source City Water - In Street
Location
County Rice
Subdivision Mcclellands Add
High School District Faribault
APN 1831226060
Zoning Residential-Single Family
Lot/ Land Details
Present Use Yearly
$144K
Range: $136K-$151K
Last 30 days 
Rental est.: $1,248/month
Gross rent multiplier: 9.7 - Good
  • Jun 2026
    mls logo MLS # 7058679
  • Jun 8, 2026 Sold
    $145,000 (-2.7%)
  • Apr 28, 2026 Pending
    —
  • Apr 20, 2026 Listed
    $149,000
  • Year Property taxes Tax assessment
  • 2025
    $1,580 +15.7%
    $150,700 +11.71%
  • 2024
    $1,366 -11.0%
    $134,900
  • 2023
    $1,534 +4.6%
    $134,900 +8.97%
  • 2022
    $1,466 +11.1%
    $123,800 +12.24%
  • 2021
    $1,320 +14.6%
    $110,300 +12.09%
  • 2020
    $1,152 +64.1%
    $98,400 +12.84%
  • 2019
    $702 +2.3%
    $87,200 +12.81%
  • 2018
    $686 +1.8%
    $77,300 +3.62%
  • 2016
    $674
    $74,600
  • 518 7th Ave NW
    $145K
  • Mcclellands Add
    —
  • 55021
    $379K +8% y/y
  • Faribault
    $379K +8% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
514 7th Ave Nw, Faribault, MN 55021 $188,000 3/1 1,160 0.01
522 7th Ave Nw, Faribault, MN 55021 $201,000 2/2 1,137 0.01
528 7th Ave Nw, Faribault, MN 55021 $193,000 3/1 1,408 0.02
704 5th St Nw, Faribault, MN 55021 $200,000 2/1 1,085 0.03
711 6th St Nw, Faribault, MN 55021 $211,000 3/2 1,272 0.03
519 7th Ave Nw, Faribault, MN 55021 $157,000 2/1 804 0.03
507 7th Ave Nw, Faribault, MN 55021 $190,000 3/1 1,160 0.03
629 6th St Nw, Faribault, MN 55021 $150,000 1/1 639 0.03

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
Lincoln Elementary School
public Grades 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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