This home's estimate is 5.7% lower than the average sale price ($214K) of 6 comparable homes.
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531 Division St W, Faribault, MN 55021
About this home
This charming home has been updated with new carpet, new kitchen flooring and refinished hardwoods. Low maintenance vinyl siding and windows making this home ready to move-in and enjoy. A large front porch and back deck expand your living space and the oversize 2 car garage offers plenty of additional storage along with a fenced back yard.
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Market trends in 55021, MN
Last updated October 2026
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Sale history for 531 Division St W




HARDWOOD FLOORS, FORMAL DINING, ENCLOSED PORCH. LARGE DECK & 20x32 EXTRA LARGE GARAGE WITH WORKSHOP/STORAGE SPACE. EGRESS IN LOWER LEVEL FOR FUTURE 3RD BEDROOM.
Tax history for 531 Division St W
*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
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.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: Detached
- Garage Spaces: 2
- Garage Dimensions: 640
- Garage Sq. Ft.: 640
- Garage Door Height: 7
- Garage Door Width: 18
- Carport Spaces: 0
Interior
- Bedroom Information
- # of Bedrooms: 2
- Bathroom Information
- # of Full Baths (Total): 1
- Description: Main Floor Full Bath
- Room 1 Information
- Room Type: Living Room
- Room Level: Main
- Room 2 Information
- Room Type: Dining Room
- Room Level: Main
- Room 3 Information
- Room Type: Kitchen
- Room Level: Main
- Room 4 Information
- Room Type: Bedroom 1
- Room Level: Upper
- Room 5 Information
- Room Type: Bedroom 2
- Room Level: Upper
- Room 6 Information
- Room Type: Porch
- Room Level: Main
- Basement Information
- Has Basement
- Basement Features: Daylight/Lookout Windows, Egress Window(s), Stone/Rock
- Dining Room Information
- Dining Room Features: Living/Dining Room
- Heating & Cooling
- Heating Information: Forced Air
- Cooling Information: Central Air
- Interior Features
- Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Porch
- Appliances: Dryer, Freezer, Range, Refrigerator, Washer
Exterior
- Building Information
- Construction Materials: Vinyl Siding
- Foundation Area: 420
- Roof: Asphalt
- Exterior Features
- Patio Porch Type: Deck,Front Porch,Glass Enclosed
- Fencing: Wood
- Property Information
- Above Ground Total Sq. Ft.: 900
- FractionalOwnershipYN: No
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Other Structures: Additional Garage
- Above Grade Finished Area: 900
- Amenities: Deck,Hardwood Floors,Porch
- Lot Information
- Lot Features: Corner Lot
- Lot Size Area: 0.11
- Lot Size Units: Acres
- Lot Size Dimensions: 33x150
- Road Frontage Type: City Street
- Road Responsibility: Public Maintained Road
Financial
- Tax Information
- Tax Annual Amount: $1,560
- Tax Year: 2023
- Tax With Assessments: $1,560
- Lease / Rent Details
- RentalLicense Y/N: No
Utilities
- Utility Information
- Water Source: City Water/Connected
- Electric: Service - 60 Amp
- Power Company Name: Xcel Energy
- 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: 6th Ave SW and Division St W Corner Lot - 531 Division St W
- Map Coordinate: 999-A1
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 900
- Stories: 1.5
- Lot Size: 4,950 square feet
- Style: Single Family Residential
- Year Built: 1890
- Year Renovated: 1890
- County: Rice County
- APN: 1831326007
Other
- Home Information
- Living Area: 900
- Main Level Finished Area: 900.0000
- Building Area Total: 900
- Age Of Property: 135
- Levels: One and One Half
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 1.4mi
Public 6-8 • Assigned • 1.4mi
Public 9-12 • Assigned • 0.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 99° expected this year, 15 days in 30 years
Minor risk of severe winds over next 30 years
0 unhealthy days expected this year, 0 days in 30 years
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.
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Nearby similar homes
New listings for sale in 55021
Home values near 531 Division St W
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | - Sq. Ft. | $175,310 |
3 Beds | 2 Baths | - Sq. Ft. | $225,603 |
2 Beds | 1 Baths | 1077 Sq. Ft. | $149,010 |
3 Beds | 3 Baths | 1903 Sq. Ft. | $227,424 |
3 Beds | 1.5 Baths | 1081 Sq. Ft. | $150,690 |
4 Beds | 3 Baths | - Sq. Ft. | $171,361 |
2 Beds | 1.5 Baths | 1190 Sq. Ft. | $189,690 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 2 Baths | - Sq. Ft. | $254,130 |
2 Beds | 2 Baths | 1096 Sq. Ft. | $195,118 |
2 Beds | 1.5 Baths | 1410 Sq. Ft. | $186,088 |
3 Beds | 1 Baths | 892 Sq. Ft. | $166,559 |
3 Beds | 2 Baths | - Sq. Ft. | $228,428 |
6 Beds | 2 Baths | 2172 Sq. Ft. | $279,801 |
3 Beds | 2 Baths | - Sq. Ft. | $277,565 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | - Sq. Ft. | $167,080 |
4 Beds | 2 Baths | 1336 Sq. Ft. | $150,192 |
4 Beds | 1 Baths | 1719 Sq. Ft. | $196,489 |
3 Beds | 3.5 Baths | 2489 Sq. Ft. | $287,426 |
3 Beds | 1 Baths | 1480 Sq. Ft. | $197,796 |
4 Beds | 3 Baths | 1855 Sq. Ft. | $209,088 |
2 Beds | 1.5 Baths | 1209 Sq. Ft. | $217,779 |
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