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 $2,158 (2024).

Does this home have a garage?

Yes, this home has a 1-car garage.

How long has this property been on the market?

This property has been listed for 664 days.

Listed at

$225,000

$118/sqft

City/Faribault

504 1st Street, Faribault, MN, 55021

3 Bedrooms2 Bathrooms1,907 Square Feet0.13 Acres

Days on market664

Year built1900

Garage spaces1

TypeResidential

Est. $3,750buyer credit when you buy with SODL

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About this home

Fantastic oppourtunity! This beautiful corner lot home has a ton of curb appeal. And features an updated kitchen, both bathrooms and flooring throughout in 2022. As well as beautiful open shelving in the kitchen. Laundry on the main level is an added bonus. 2 porches and a patio make for unlimited outdoor entertainment options. It is only 3 blocks from a main road that has plenty of restaurant and shopping options and is close to parks and schools. Come experience small town living!

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1900

LevelsTwo

Living area1,907 sqft

Above-grade finished1,907 sqft

Below-grade finished0 sqft

Lot size0.13 acres (66X83)

Days on market664

ListedDec 4, 2024

MLS #NST6636844

CountyRice

SubdivisionCity/Faribault

Parcel #1831126417

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 1 full / 1 half
Heating: Baseboard
Cooling: Window Unit(s)
Basement: Unfinished · 0 sqft finished

Property

Levels / stories: Two
Garage: 1 space · 384 sqft
Parking features: Attached Garage
Fencing: Chain Link, Wood
Lot size: 0.13 acres
Lot dimensions: 66X83

Construction

Property type: Residential
Property subtype: Single Family Residence
Construction materials: Brick/Stone
Foundation: 1,008 sqft
Year built: 1900

Utilities

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

Community & HOA

Subdivision: City/Faribault
HOA: No HOA
School district: Faribault

Financial & listing details

Annual tax: $2,158 (2024)
Tax with assessments: 2158.0000
Listed: Dec 4, 2024
Days on market: 664 · 26 cumulative
Special listing conditions: Real Estate Owned
Lender owned: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths1

1/4 baths0

BasementUnfinished

HeatingBaseboard

CoolingWindow Unit(s)

AccessibilityNone

Exterior & lot

Foundation area1,008 sqft

Lot featuresCorner Lot

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

Parking & garage

ParkingAttached Garage

Garage spaces1

Garage size384 sqft

Financial details

Annual taxes$2,158

Tax year2024

Taxes w/ assessments2158.0000

Assessment pendingNo

Down payment resourceY

Lender ownedYes

Short saleNo

ForeclosureNo

Schools

District number656

District phone507-333-6016

High schoolFaribault

SODL flat fee brokerage

$3,750Estimated buyer credit

SODL platform fee $3,000Your buyer credit $3,750

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

$1,437/mo

Principal & interest$1,182

Property taxes$180

Home insurance (est.)$75

Down payment

$45,000

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.