OFF MARKET

Off Market Jul 2021 for $225K

$277,402

Est. refi paymentEst. refi $1,766/mo

•

—

sq ft

318 3rd St SW, Faribault, MN 55021

About this home

HOME SWEET HOME! You will fall in love as you pull up to this 4 bedroom, 4 bathroom home with so many updates. The charm in this 2 story home oozes out of every corner starting with the open staircase as you walk in the front door. The floors have been updated throughout the living room, dining room and kitchen. The kitchen has been modernized with white cabinets, beautiful countertops, newer appliances and subway tile backsplash. This home has all four bedrooms on the upper level featuring an amazing master suite with his & her walk in closets and a private, full master bath. This home has 4 bathrooms with a half bath on the main floor and basement and 2 full baths on the upper level. The backyard is large and perfect for entertaining friends and family. The exterior of the home has updated windows, newly painted siding, a newer roof, fresh landscaping and so much more! You will be amazed by this stunning home...check it out today before it's too late!

Single-familyProperty Type

1935Year Built

7,405 sq ftLot Size

1 car garageParking

Listed by Michelle Jasinski • Weichert, REALTORS- Heartland

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #5758381

Redfin Estimate

$277,402

$52K since sold in July 2021$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 21.3% higher than the average sale price ($229K) of 6 comparable homes.

SOLD JUN 30, 2026
$234,900
A
4 beds3 baths— sq ft
9 1st St SE, Faribault, MN 55021
SOLD DEC 4, 2025
$210,000
B
4 beds2 baths— sq ft
123 6th Ave SW, Faribault, MN 55021
SOLD AUG 21, 2026
$283,500
C
4 beds2 baths— sq ft
949 7th Ave SW, Faribault, MN 55021
SOLD APR 28, 2026
$200,000
D
3 beds2 baths— sq ft
227 3rd Ave NE, Faribault, MN 55021
SOLD JUN 17, 2026
$183,500
E
4 beds2 baths— sq ft
1022 3rd Ave NW, Faribault, MN 55021
SOLD NOV 25, 2025
$260,000
F
4 beds3 baths— sq ft
319 3rd St SW, Faribault, MN 55021

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Earn from this home

Refinance

Est. cash available

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Rent

$1,758/mo

Redfin rental estimate

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Market trends in 55021, MN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.0%

0.4% MoM

Median sale price

$300K

$11K MoM

Avg. days on market

27d

2 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 4 MINS AGO
227 3rd Ave SW, Faribault, MN 55021
$325,000
5 beds2 baths1,438 sq ft
227 3rd Ave SW, Faribault, MN 55021
$274,900
3 beds1 bath1,584 sq ft
1008 9th St SW, Faribault, MN 55021
$449,900
4 beds3 baths3,254 sq ft
1905 Prairie Ave SW, Faribault, MN 55021
OPEN TODAY, 4:30PM TO 6:30PM
$519,900
5 beds3 baths3,600 sq ft
1242 Aldrich Way, Faribault, MN 55021
$265,000
3 beds1 bath1,536 sq ft
109 12th St NW, Faribault, MN 55021
$449,000
4 beds3 baths3,187 sq ft
616 8th St SW, Faribault, MN 55021
$369,900
4 beds2 baths2,472 sq ft
2533 Woodland Dr, Faribault, MN 55021
$499,900
5 beds3 baths2,472 sq ft
13850 Fox Lake Trl, Faribault, MN 55021
SHORT SALE
$219,900
3 beds2 baths1,205 sq ft
15 14th St NE, Faribault, MN 55021
$279,900
4 beds2 baths1,789 sq ft
422 1st St NW, Faribault, MN 55021
See all

Provided by Redfin

Sale history for 318 3rd St SW

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #5758381

Jul 16, 2021

Sold

$225,000

Jun 8, 2021

Pending

—

May 29, 2021

Contingent

—

May 26, 2021

Relisted

—

May 22, 2021

Contingent

—

May 16, 2021

Listed

$228,000

Public Records

Oct 9, 2018

Sold

$172,000

NORTHSTARMLS as Distributed by MLS Grid #4975428

Aug 6, 2018

Sold

$172,000

Jul 7, 2018

Pending

—

Jul 4, 2018

Contingent

—

Jun 29, 2018

Listed

$169,900

+31

WHAT A DELIGHT! This 2 story is filled with charm and character including an open staircase, many built-ins and walk up attic. Open and bright white kitchen with attached formal dining. 4 large bedrooms on 2nd level which includes a master bedroom with private bath. Spacious and private backyard with mature trees and playset. Attached one car garage. Move in ready! Call today for your showing!

Public Records

Mar 3, 2011

Sold

$139,621

NORTHSTARMLS as Distributed by MLS Grid #3987640

Jan 12, 2011

Listing Removed

—

Nov 3, 2010

Listed

$134,900

NORTHSTARMLS as Distributed by MLS Grid #3864433

Jan 25, 2010

Listing Removed

—

Dec 18, 2009

Listed

$39,900

Public Records

Jun 28, 2002

Sold

$124,917

NORTHSTARMLS as Distributed by MLS Grid #2023888

Jun 5, 2002

Listing Removed

—

Apr 2, 2002

Listed

$125,000

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Tax history for 318 3rd St SW

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

5 ft.

Lot depth

13 ft.

Lot size

7,260 Sq. Ft.

Year renovated

1935

Sq. Ft.

1,528

Year built

1935

Style

Single Family Residential

County

Rice County

APN

1831301056

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

R-2

Low Density Residential District

The R-2, Low Density Residential District, is established to provide for an environment of predominantly low density residential uses, including detached and attached single family homes, duplexes, three- and four-unit multi-family dwellings, along with directly related, complementary uses. It is intended that where an R-s, Low 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 plan approval.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Fire house
Police station
Park & open space

Property details

Parking

Parking Information
Parking Features: Attached Garage, Concrete, Garage Door Opener, Tuckunder Garage
Garage Spaces: 1
Garage Sq. Ft.: 280

Interior

Bedroom Information
# of Bedrooms: 4

Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 2
Description: 1/2 Basement,Full Primary,Private Primary,Main Floor 1/2 Bath,Upper Level Full Bath

Room 1 Information
Room Type: Bedroom 1
Room Dimensions: 13X14
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Dimensions: 11X14
Room Level: Main

Room 3 Information
Room Type: Living Room
Room Dimensions: 14X20
Room Level: Main

Room 4 Information
Room Type: Bedroom 3
Room Dimensions: 11X11
Room Level: Main

Room 5 Information
Room Type: Bedroom 4
Room Dimensions: 10X11
Room Level: Main

Room 6 Information
Room Type: Bedroom 2
Room Dimensions: 12x14
Room Level: Main

Room 7 Information
Room Type: Dining Room
Room Dimensions: 10X11
Room Level: Main

Basement Information
Has Basement
Basement Features: Daylight/Lookout Windows, Full

Dining Room Information
Dining Room Features: Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room

Other Rooms Information
4 BR on One Level

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Exterior

Building Information
Construction Materials: Shake Siding, Wood Siding
Foundation Area: 624
Roof: Asphalt, Pitched

Property Information
Total Sq. Ft.: 1,528
Above Ground Total Sq. Ft.: 1,528
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 1,528
Amenities: Kitchen Window,Primary Bedroom Walk-In Closet,Porch,Washer/Dryer Hookup

Lot Information
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Dimensions: 45X132
Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks

Financial

Assessment Information
Other Annual Assessment Amount: $171.21

Tax Information
Tax Annual Amount: $1,819
Tax Year: 2021
Tax With Assessments: $1,990

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

School Information
High School District: Faribault
School District Number: 656
School District Phone: 507-333-6016

Location Information
Directions: Hwy 21 South, left on Division St, Right on 4th Ave, left onto 3rd St, home on the left.
Map Coordinate: 999-A1

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 1,528
Stories: 2.0
Lot Size: 7,260 square feet
Style: Single Family Residential
Year Built: 1935
Year Renovated: 1935
County: Rice County
APN: 1831301056

Home facts updated by county records on Aug 10, 2026

Other

Home Information
Living Area: 1528
Main Level Finished Area: 624.0000
Age Of Property: 88
Levels: Two

Around this home

Schools

Roosevelt Elementary School

Public PreK-5 • Assigned • 1.3mi

7/10

Faribault Middle School

Public 6-8 • Assigned • 1.2mi

2/10

Faribault Senior High School

Public 9-12 • Assigned • 0.6mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Faribault, MN • 55021

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.7 hours in December, which is comparable to the U.S. average for solar exposure.

10.2 hrs

3.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$264,000 – $320,000

Sell confidently with a local market expert in Faribault. 3 minutes to get started.

Nearby similar homes

$996,000

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2312 Becker Trl, Faribault, MN 55021

$369,900

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2533 Woodland Dr, Faribault, MN 55021

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4 beds3 baths1,864 sq ft

118 1st St SW, Faribault, MN 55021

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4 beds4 baths2,614 sq ft

1417 Fairway Dr, Faribault, MN 55021

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5 beds2 baths2,473 sq ft

2215 Hulett Ave, Faribault, MN 55021

$339,900

5 beds2 baths1,682 sq ft

411 11th Ave SE, Faribault, MN 55021

New listings for sale in 55021

NEW 4 MINS AGO

$325,000

5 beds2 baths1,438 sq ft

227 3rd Ave SW, Faribault, MN 55021

$274,900

3 beds1 bath1,584 sq ft

1008 9th St SW, Faribault, MN 55021

$449,900

4 beds3 baths3,254 sq ft

1905 Prairie Ave SW, Faribault, MN 55021

OPEN TODAY, 4:30PM TO 6:30PM

$519,900

5 beds3 baths3,600 sq ft

1242 Aldrich Way, Faribault, MN 55021

$265,000

3 beds1 bath1,536 sq ft

109 12th St NW, Faribault, MN 55021

$449,000

4 beds3 baths3,187 sq ft

616 8th St SW, Faribault, MN 55021

$369,900

4 beds2 baths2,472 sq ft

2533 Woodland Dr, Faribault, MN 55021

$499,900

5 beds3 baths2,472 sq ft

13850 Fox Lake Trl, Faribault, MN 55021

SHORT SALE

$219,900

3 beds2 baths1,205 sq ft

15 14th St NE, Faribault, MN 55021

Home values near 318 3rd St SW

Data from public records.

Address	Redfin Estimate
315 3rd Street Southwest, Faribault, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$253,388
325 3rd Street Southwest, Faribault, MN 3 Beds \| 1 Baths \| - Sq. Ft.	$222,200

Address	Redfin Estimate
302 3rd Avenue Southwest, Faribault, MN 2 Beds \| 2.5 Baths \| 1402 Sq. Ft.	$180,833
411 3rd Street Southwest, Faribault, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$311,095

Address	Redfin Estimate
228 3rd Avenue Southwest, Faribault, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$320,106
224 3rd Avenue Southwest, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$249,926

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55021, MN

Sale history for 318 3rd St SW

Tax history for 318 3rd St SW

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55021

Home values near 318 3rd St SW

More real estate resources