This home's estimate is 14% higher than the average sale price ($269K) of 6 comparable homes.
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721 2nd St SW, Faribault, MN 55021
About this home
Check out this unique & beautiful home-with way more space than a typical rambler of it's era due to an addition crating a HUGE kitchen! This gem of a home boasts many features such as hardwood & tiled floors, maintenance free siding, newer windows, 3 beds on one level, large jacuzzi soaking tub, a fully finished basement with egress window (in which there could be a 4th bedroom), PLUS a large 2 stall heated garage...you don't want to miss it! What a great location near schools & churches, with close proximity to all that Faribault has to offer and situated on a corner lot-wow! This charming home has been well maintained and has had all major updates completed-it's ready for you to move right in and enjoy!
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Market trends in 55021, MN
Last updated August 2026
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Sale history for 721 2nd St SW
Tax history for 721 2nd 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
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: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
- Garage Spaces: 2
- Garage Dimensions: 26x24
- Garage Sq. Ft.: 624
Interior
- Bedroom Information
- # of Bedrooms: 3
- Bathroom Information
- # of Full Baths (Total): 1
- # of Three Quarter Baths (Total): 1
- Description: Full Basement,Main Floor 3/4 Bath,Jetted Tub
- Room 1 Information
- Room Type: Bedroom 3
- Room Dimensions: 10x9
- Room Level: Main
- Room 2 Information
- Room Type: Bedroom 2
- Room Dimensions: 10x14
- Room Level: Main
- Room 3 Information
- Room Type: Laundry
- Room Dimensions: 12x7
- Room 4 Information
- Room Type: Dining Room
- Room Dimensions: 18x12
- Room Level: Main
- Room 5 Information
- Room Type: Living Room
- Room Dimensions: 21x13
- Room Level: Main
- Room 6 Information
- Room Type: Family Room
- Room Dimensions: 27x24
- Room Level: Lower
- Room 7 Information
- Room Type: Kitchen
- Room Dimensions: 18x25
- Room Level: Main
- Room 8 Information
- Room Type: Family Room
- Room Dimensions: 27x24
- Room Level: Lower
- Room 9 Information
- Room Type: Kitchen
- Room Dimensions: 18x25
- Room Level: Main
- Room 10 Information
- Room Type: Bedroom 1
- Room Dimensions: 12x14
- Room Level: Main
- Basement Information
- Basement Features: Drain Tiled, Egress Window(s), Full, Sump Pump
- Dining Room Information
- Dining Room Features: Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room
- Other Rooms Information
- 3 BR on One Level,Main Floor Bedroom
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 2
- Fireplace Features: Family Room, Gas, Living Room, Wood Burning
- Heating & Cooling
- Heating Information: Forced Air
- Cooling Information: Central Air
- Interior Features
- Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry
Exterior
- Building Information
- Construction Materials: Vinyl Siding
- Foundation Area: 1,085
- Property Information
- FractionalOwnershipYN: No
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Above Grade Finished Area: 1,345
- Below Grade Finished Area: 1,085
- Amenities: Hardwood Floors,Kitchen Window,Natural Woodwork,Tile Floors,Washer/Dryer Hookup
- Lot Information
- Lot Features: Corner Lot, Tree Coverage - Medium
- Lot Size Area: 0.19
- Lot Size Units: Acres
- Lot Size Dimensions: 125x66
- Road Frontage Type: Paved Streets
Financial
- Assessment Information
- Other Annual Assessment Amount: $40
- Tax Information
- Tax Annual Amount: $1,934
- Tax Year: 2018
- Tax With Assessments: $1,974
- Lease / Rent Details
- RentalLicense Y/N: No
Utilities
- Utility Information
- Water Source: City Water/Connected
- Electric: 150 Amp Service
- 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: 9th Avenue South to 2nd Street SW, East to property.
- Map Coordinate: 999-A1
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 2,430
- Stories: 1.0
- Lot Size: 8,250 square feet
- Style: Single Family Residential
- Year Built: 1953
- Year Renovated: 1953
- County: Rice County
- APN: 1831326079
Other
- Home Information
- Living Area: 2430
- Main Level Finished Area: 1345.0000
- Building Area Total: 2430
- Levels: One
Around this home
Schools
Public PreK-5 • Assigned • 0.6mi
Public 6-8 • Assigned • 1.2mi
Public 9-12 • Assigned • 0.3mi
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 721 2nd St SW
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1032 Sq. Ft. | $214,957 |
3 Beds | 1.5 Baths | 1489 Sq. Ft. | $207,049 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | - Sq. Ft. | $240,585 |
3 Beds | 2 Baths | 1901 Sq. Ft. | $259,218 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1449 Sq. Ft. | $220,752 |
3 Beds | 2.5 Baths | 1614 Sq. Ft. | $258,343 |
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