Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $2,052 (2024).

How long has this property been on the market?

This property has been listed for 438 days.

No photos available

Listed at

$215,000

$108/sqft

Southern Add

15 1st Street, Faribault, MN, 55021

3 Bedrooms2 Bathrooms1,988 Square Feet0.34 Acres

Days on market438

Year built1875

ParkingGravel

TypeResidential

Est. $3,450buyer credit when you buy with SODL

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About this home

Nicely renovated 3 bedroom, 2 bath home! This 2 story home offers spacious main floor dining room including flex room that could be used as a non-conforming bedroom - plus a main floor bath! Upstairs you'll find 3 bedrooms, 3/4 bath and an additional flex room currently used as an office. Updates includes new furnace (2023), all new electric (2025), plumbing, electric & lights in garage, fresh paint, repair to front steps and much more! This is a great property with so much potential!

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1875

LevelsTwo

Living area1,988 sqft

Above-grade finished1,988 sqft

Below-grade finished0 sqft

Lot size0.34 acres (1988)

Days on market438

ListedJul 16, 2025

MLS #NST6756470

CountyRice

SubdivisionSouthern Add

Parcel #1831426052

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 2 3/4
Heating: Forced Air
Cooling: None
Appliances: Dryer, Range, Refrigerator, Washer

Property

Levels / stories: Two
Parking features: Gravel, Open
Other structures: Additional Garage
Lot size: 0.34 acres
Lot dimensions: 1988
Accessibility: None

Construction

Property type: Residential
Property subtype: Single Family Residence
Construction materials: Aluminum Siding
Foundation: 1,148 sqft
Year built: 1875

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected

Community & HOA

Subdivision: Southern Add
HOA: No HOA
School district: Faribault

Financial & listing details

Annual tax: $2,052 (2024)
Tax with assessments: 2052.0000
Listed: Jul 16, 2025
Days on market: 438 · 224 cumulative

Interior details

Total bathrooms2

Full baths0

3/4 baths2

Half baths0

1/4 baths0

BasementFull

HeatingForced Air

CoolingNone

Fireplaces1

AppliancesDryer, Range, Refrigerator, Washer

AccessibilityNone

Exterior & lot

Foundation area1,148 sqft

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

Parking & garage

ParkingGravel, Open

Garage spaces0

Financial details

Annual taxes$2,052

Tax year2024

Taxes w/ assessments2052.0000

Assessment pendingNo

Down payment resourceY

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number656

District phone507-333-6016

High schoolFaribault

SODL flat fee brokerage

$3,450Estimated buyer credit

SODL platform fee $3,000Your buyer credit $3,450

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,373/mo

Principal & interest$1,130

Property taxes$171

Home insurance (est.)$72

Down payment

$43,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.