1 1st St SW is a 3,613 square foot house on a 0.35 acre lot with 4 bathrooms. Based on Redfin's Faribault data, we estimate the home's value is $309,280.
Single-familyProperty Type
1880Year Built
0.35 acresLot Size
$86Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$309,280
$10K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 12.9% higher than the average sale price ($274K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$3,848 (+6.2%)
2025
$3,624 (+16.4%)
2024
$3,114 (+6.8%)
2023
$2,916 (+14.1%)
2022
$2,556 (+3.7%)
2021
$2,464 (+5.3%)
2020
$2,340 (+7.4%)
2019
$2,178 (+9.0%)
2018
$1,998 (+11.7%)
2017
$1,788 (+16.0%)
2015
$1,542 (−2.9%)
2014
$1,588 (+8.6%)
2013
$1,462
Tax history for 1 1st St SW
Year
Property tax
Land + Additions
Assessment*
2026
$3,848 (+6.2%)
2025
$3,624 (+16.4%)
2024
$3,114 (+6.8%)
2023
$2,916 (+14.1%)
2022
$2,556 (+3.7%)
2021
$2,464 (+5.3%)
2020
$2,340 (+7.4%)
2019
$2,178 (+9.0%)
2018
$1,998 (+11.7%)
2017
$1,788 (+16.0%)
2015
$1,542 (−2.9%)
2014
$1,588 (+8.6%)
2013
$1,462
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-3
Medium Density Residential District
The R-3, Medium Density Residential District, is established to provide for an environment of predominantly medium density apartments and congregate living arrangements, and single and two-family dwellings, along with directly related, complementary uses. It is intended that where an R-3, Medium Density Residential District directly abuts a zoning district of higher or lower density, a transition from existing uses to new uses be provided. Such transition may be accomplished by a continuation of similar uses to the extent possible given allowable uses within the district, landscape buffering as provided in Chapter 4, or both, as required by the City in conjunction with plat approval.