627 3rd St SW is a 1,112 square foot house on a 0.25 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Faribault data, we estimate the home's value is $167,822.
Single-familyProperty Type
1900Year Built
0.25 acresLot Size
$151Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$167,822
$6,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 27.4% lower than the average sale price ($231K) 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
$2,024 (+12.7%)
$61,800 + $100,200
$162,000
2025
$1,796 (+16.2%)
$60,100 + $83,900
$144,000
2024
$1,546 (+15.2%)
$58,300 + $71,100
$129,400
2023
$1,342 (+47.8%)
$54,900 + $53,000
$107,900
2022
$908 (+29.0%)
2021
$704 (+11.4%)
2020
$632 (+8.2%)
2019
$584 (+3.9%)
2018
$562 (−30.8%)
2017
$812 (+15.7%)
2015
$702 (−3.6%)
2014
$728 (+1.7%)
2013
$716
Tax history for 627 3rd St SW
Year
Property tax
Land + Additions
Assessment*
2026
$2,024 (+12.7%)
$61,800 + $100,200
$162,000
2025
$1,796 (+16.2%)
$60,100 + $83,900
$144,000
2024
$1,546 (+15.2%)
$58,300 + $71,100
$129,400
2023
$1,342 (+47.8%)
$54,900 + $53,000
$107,900
2022
$908 (+29.0%)
2021
$704 (+11.4%)
2020
$632 (+8.2%)
2019
$584 (+3.9%)
2018
$562 (−30.8%)
2017
$812 (+15.7%)
2015
$702 (−3.6%)
2014
$728 (+1.7%)
2013
$716
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
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.
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
Interior
Basement Information
Basement Sq. Ft: 460
Basement Type: Partial Finished
Bathroom Information
# of Full Baths: 1
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Poor
Foundation Type: Concrete Block
Exterior Wall: Wood
Roof Covering Type: Asphalt
Roof Shape Type: Asphalt
Building Type: Single Family
Property Information
Subdivision Name: DAN FBLT 2ND ADD
Living Sq. Ft: 1,112
Building Sq. Ft: 1,572
# of Stories: 1
Legal Description: DAN FBLT 2ND ADD W132FT N165FT EX W66FT B9
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,890
Legal Block Number: 9
Municipality Name: FARIBAULT
Acres: 0.25
Depth Footage: 165
Front Footage: 66
State Use Description: 4BB1-RESIDENTIAL NON-HOMESTEAD
Financial
Assessor Information
Assessment Year: 2025
Tax District County: FARIBO-SD656-HSP-HRA
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,112
Stories: 1.0
Lot Size: 0.25 acres
Style: Single Family Residential
Year Built: 1900
Year Renovated: 1900
County: Rice County
APN: 1831326104
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Jefferson Elementary School
Public PreK-5 • Assigned • 0.6mi
4/10
Faribault Middle School
Public 6-8 • Assigned • 1.1mi
2/10
Faribault Senior High School
Public 9-12 • Assigned • 0.3mi
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)
23
7
31
14
49
28
58
38
71
49
79
61
82
65
78
61
77
56
66
45
44
31
30
14
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
$160,000 – $193,000
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