Active
$260,000

503 1st Street NW, Faribault, MN, 55021

4  Bedrooms2  Bathrooms2,172  Square Feet0.28  Acres
Days on market0
Year built1900
Garage spaces2
Potential $4,800buyer credit when you buy with SODL
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About this home

Welcome home to this spacious 4-bedroom, 2-bathroom two-story in Faribault! With plenty of room to spread out and some great updates already taken care of, this home is ready for its next owners. In 2026, the home received a brand-new forced-air furnace with ductwork, new central air, a new range and dishwasher, fresh flooring throughout, fresh paint, and spray foam insulation in the crawlspace and attic. Additional updates in 2017 include replacement windows. Outside, you'll love the fenced-in backyard with plenty of space to enjoy the outdoors, along with a large detached two-stall garage offering plenty of room for parking and storage. If you're looking for a home with space, updates, and a great yard, this one is worth a look!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1900
LevelsTwo
Living area2,172 sqft
Above-grade finished2,172 sqft
Below-grade finished0 sqft
Lot size0.28 acres (120 x 102)
Days on market0
ListedNov 9, 2026
MLS #NST7169699
CountyRice
SubdivisionCity/Faribault
Parcel #1831126555

Facts & features

Interior

Bedrooms
4
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned

Property

Levels / stories
Two
Garage
2 spaces · 455 sqft
Parking features
Detached Garage
Exterior features
Vinyl
Fencing
Chain Link
Lot size
0.28 acres

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 600 sqft
Roof
Age Over 8 Years
Year built
1900

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
City/Faribault
HOA
No HOA
School district
656 - Faribault
High school district
Faribault

Financial & listing details

Annual tax
$2,771.78 (2026)
Tax with assessments
2954
Listed
Nov 9, 2026
Days on market
0
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Crawl Space
HeatingForced Air
CoolingCentral Air
LaundryMain Level
AppliancesDishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
AccessibilityNone

Exterior & lot

ExteriorVinyl
RoofAge Over 8 Years
FoundationBlock
Foundation area600 sqft
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage
Garage spaces2
Garage size455 sqft

Financial details

Annual taxes$2,771.78
Tax year2026
Taxes w/ assessments2954
Assessment pendingYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District656 - Faribault
District number656
District phone5073336016
High schoolFaribault
SODL flat fee brokerage
$4,800Estimated buyer credit
SODL platform fee $3,000Your buyer credit $4,800

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

$1,684/mo
Principal & interest$1,366
Property taxes$231
Home insurance (est.)$87
%
$52,000
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.

Location

503 1st Street NW, Faribault, MN, 55021

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Listing information

MLS #NST7169699
Last reported MLS statusActive
MLS record updatedNov 9, 2026, 8:26 PM
Originally listedNov 9, 2026, 12:04 PM
Listing officeEdina Realty, Inc.

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.