416 2nd Street Northwest

Faribault, MN 55021

$225,000
Price
2
Beds
1
Bath
1
1/2 Bath
858 Sq. Ft.
$262 / Sq. Ft.
858
Sq. Ft.
$262
per Sq. Ft.

Description

This charming rambler in Faribault is a must-see—whether you're a first-time buyer or an investor seeking great value. With 2 bedrooms, 1 bath, and a spacious 858 sqft basement, this home offers endless possibilities to update, expand, and truly make it your own! The basement is plumbed, offering the perfect foundation for additional spaces. The .25-acre lot provides room to create outdoor living spaces or add a pool. Backyard comes with a powered shed, for storage. Recent updates add even more appeal,...This charming rambler in Faribault is a must-see—whether you're a first-time buyer or an investor seeking great value. With 2 bedrooms, 1 bath, and a spacious 858 sqft basement, this home offers endless possibilities to update, expand, and truly make it your own! The basement is plumbed, offering the perfect foundation for additional spaces. The .25-acre lot provides room to create outdoor living spaces or add a pool. Backyard comes with a powered shed, for storage. Recent updates add even more appeal, including a new furnace and AC (2024) with transferable warranties, updated kitchen appliances (2022), and a new washer/dryer (2023). The bathroom has been refreshed with sleek new LVT flooring (2024), perfectly complementing the modern updates throughout the home. And with an attached, heated garage, you'll enjoy year-round comfort. Whether you’re looking for a cozy starter home or a smart investment, this is the perfect place to start. Don’t wait, homes like this go quickly.
  1. Listed by Coldwell Banker Realty • Maio Perry

Property Details for 416 2nd Street Northwest

Subdivision Name
City/Faribault
Zoning Jurisdiction
Residential-Single Family

Open Houses

Sunday, Dec 22nd

1:00 PM - 3:00 PM

Public

LISTING UPDATED: 12/16/2024 12:07 PM

Property Details for 416 2nd Street Northwest

StatusActive
MLS #6622292
Days on Compass10
Taxes$2,290 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1988
Lot Size0.25 AC / 10,890 SF
CountyRice County

Building Information for 416 2nd Street Northwest

Stories-Year Built1988Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 416 2nd Street Northwest

Summary
Location and General Information
  • City Name: Faribault
  • County Or Parish: Rice
  • County: Rice-MN
  • Directions: 4th Street to 4th Avenue south to 2nd street NW, right to property
  • Latitude: 44.292703
  • Longitude: -93.275394
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Faribault
  • City and Location Text: Faribault(MN)
  • Postal Code: 55021
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 1831126388
  • Tax Annual Amount: $2,290.00
  • Tax Legal Description: LOT 8 BLOCK 61 OF ORIGINAL TOWN FARIBAULT
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 2290.0000
School Information
  • High School District: 656 - Faribault
  • School District Number: 656
  • School District Phone: 507-333-6016
Property
Lot Information
  • Above Grade Fin SQFT: 858.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 858.0
  • Lot Size Area: 0.25
  • Lot Size Dimensions: 66 x 165
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Square Feet
  • Other Structures: Dog Kennel, Storage Shed
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 858.0000
  • Building Area Total: 1716.0
  • Above Grade SqFt Total: 858.0000
  • Below Grade SqFt Total: 858.0000
Property and Assessments
  • Age Of Property: 36
Utilities
  • Electric: Circuit Breakers, 100 Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Fencing: Wood
  • Foundation Area: 858.0
  • Fuel: Natural Gas
  • Road Frontage Type: Curbs, Paved Streets, Sidewalks, Street Lights
  • Road Responsibility: Public Maintained Road
  • Roof: Age Over 8 Years, Asphalt
Interior Features
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Basement Type: Block, Full
  • Amenities Unit: Kitchen Window,Main Floor Primary Bedroom
  • Bath Desc: Main Floor Full Bath,Other,Shower Only
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 1
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 2
  • Bedrooms Total: 2
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: Central Air
  • Dining Room Description: Kitchen/Dining Room
  • DP Resource: Y
  • Garage Dimensions: 16 x 20
  • Garage Square Feet: 320
  • Heating: Forced Air
  • Levels: One
  • Room Type: Living Room, Dining Room, Kitchen, Bathroom, Bedroom 1, Bedroom 2, Garage, Unfinished
  • Room List: Living Room, Dining Room, Kitchen, Bathroom, Bedroom 1, Bedroom 2, Garage, Unfinished
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 14' x 14'6
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Dimensions: 10'9 x 9'2
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 17' x 12'6
  • Room Level: Main
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 9'9 x 7'3
  • Room Level: Main
  • Room Type: Bathroom
Room 5
  • Room Dimensions: 11'9 x 11'7
  • Room Level: Main
  • Room Type: Bedroom 1
Room 6
  • Room Dimensions: 9'9 x 10'3
  • Room Level: Main
  • Room Type: Bedroom 2
Room 7
  • Room Dimensions: 15'6 x 19'1
  • Room Level: Main
  • Room Type: Garage
Room 8
  • Room Dimensions: 26'x 33'
  • Room Level: Basement
  • Room Type: Unfinished

Property History for 416 2nd Street Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 416 2nd Street Northwest

Taxable ValueLand$53,200Additions$140,000Total$193,200
Tax Record2024$2,290 ($191 / month)
Home Facts
Beds2Baths1Total Finished SqFt858 SqFtAbove Grade Finished SqFt858 SqFtStories1Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built1988CountyRICEAPN18.31.1.26.388

Schools near 416 2nd Street Northwest

This home is within Faribault Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 5

Faribault Middle School
Public6 to 8

Faribault Senior High School
Public9 to 12

Falcons Online Academy-Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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416 2nd Street Northwest is a single family home for sale in Faribault, MN 55021. This property was listed for sale on December 6, 2024 by Coldwell Banker Realty, it's currently listed at $225,000. It has been on the market for a total of 10 days and was last sold on January 19, 2022. This listing's school district is Faribault Public School District. Nearby schools include Roosevelt Elementary School, Faribault Middle School and Faribault Senior High School. 416 2nd Street Northwest is a 2-bed, 1.5-bath, 858 sqft single family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 12/16/2024 12:07 PM