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 $2,354 (2025).

What school district is this property in?

This property is in the 656 - Faribault school district.

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 was listed for 200 days.

Sold / Closed

$216,000

Sold price · Closed Jul 1, 2026

$107/sqft

City/Faribault

531 2nd Street, Faribault, MN, 55021

3 Bedrooms2 Bathrooms1,954 Square Feet0.177 Acres

Days on market200

Year built1900

Garage spaces1

TypeResidential

Est. $3,297buyer credit when you buy with SODL

About this home

Step back in time with this beautifully maintained brick home built in 1900, filled with character and original craftsmanship. This three-bedroom home (one bedroom walks through to another to make 4 bedrooms) features natural woodwork, hardwood floors, spacious rooms, and a cozy eat-in kitchen perfect for family gatherings. Lovingly cared for by the same family for over 60 years, this property offers both history and warmth. Enjoy the charm of a classic home with the convenience of being within walking distance to downtown shops, restaurants, and community events. A rare opportunity to own a piece of local history — ready for its next chapter!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1900

LevelsTwo

Living area1,954 sqft

Above-grade finished1,954 sqft

Below-grade finished0 sqft

Lot size0.177 acres (46x165x47x165)

Days on market200

ListedNov 7, 2025

MLS #NST6813723

CountyRice

SubdivisionCity/Faribault

Parcel #1831126411

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 1 full / 1 1/4
Heating: Boiler, Hot Water
Cooling: Wall Unit(s)
Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories: Two
Garage: 1 space · 300 sqft
Parking features: Attached Garage, Concrete, Garage Door Opener
Patio & porch: Front Porch, Patio
Exterior features: Stone
Other structures: Storage Shed

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Brick
Foundation: Stone · 932 sqft
Roof: Age Over 8 Years
Year built: 1900

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers

Community & HOA

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

Financial & listing details

Annual tax: $2,354 (2025)
Tax with assessments: 2394
Listed: Nov 7, 2025
Days on market: 200
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths0

1/4 baths1

BasementUnfinished

HeatingBoiler, Hot Water

CoolingWall Unit(s)

Fireplaces1

LaundryElectric Dryer Hookup, Lower Level, Washer Hookup

AppliancesDishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

DiningKitchen/Dining Room, Separate/Formal Dining Room

AmenitiesCeiling Fan(s), French Doors, Hardwood Floors, Kitchen Window, Natural Woodwork, Patio

AccessibilityOther

Exterior & lot

ExteriorStone

RoofAge Over 8 Years

FoundationStone

Foundation area932 sqft

Patio/porchFront Porch, Patio

Road frontageCity Street

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Garage Door Opener

Garage spaces1

Garage size300 sqft

Financial details

Annual taxes$2,354

Tax year2025

Taxes w/ assessments2394

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District656 - Faribault

District number656

District phone5073336016

High schoolFaribault

SODL flat fee brokerage

$3,297Estimated buyer credit

SODL platform fee $3,000Your buyer credit $3,297

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

$1,369/mo

Principal & interest$1,103

Property taxes$196

Home insurance (est.)$70

Down payment

$41,980

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.