OFF MARKET
$376,858
3
bd
3.5 ba
2,535
sq ft

701 Spring Rd, Faribault, MN 55021

map-entry

About this home

701 Spring Rd is a 2,535 square foot house on a 0.52 acre lot with 3 bedrooms and 3.5 bathrooms. Based on Redfin's Faribault data, we estimate the home's value is $376,858.
Single-familyProperty Type
1977Year Built
0.52 acresLot Size
$149Est. Price/Sq.Ft.
2 car garageParking
Source:Public Records

Redfin Estimate

$376,858
$4,000 since July

This home's estimate is 5.3% higher than the average sale price ($358K) of 6 comparable homes.

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Earn from this home

Rent
$2,247/mo
Redfin rental estimate

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Market trends in 55021, MN

Sale history for 701 Spring Rd

Tax history for 701 Spring Rd

*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

Around this home

Schools

Jefferson Elementary School

Public PreK-5 • Assigned • 0.6mi

4/10
Faribault Middle School

Public 6-8 • Assigned • 0.2mi

2/10
Faribault Senior High School

Public 9-12 • Assigned • 0.9mi

4/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 18-28% chance 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
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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
$359,000 – $434,000

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GreatSchools Ratings provided by GreatSchools.org.