OFF MARKET

Off market may 2023 for $510K

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Est. refi paymentEst. refi $3,342/mo

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— ba

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sq ft

829 Reed Ave, Faribault, MN 55021

About this home

Multi-familyProperty Type

2002Year Built

0.48 acresLot Size

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6466858

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 55021, MN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.8%

+0.6% MoM

Median sale price

$282K

$21K MoM

Avg. days on market

30d

1 days MoM

Recently sold homes

5 MoM

New listings for sale

OPEN THU, 4PM TO 6PM
$489,000
4 beds3 baths2,762 sq ft
1101 Faribault Rd, Faribault, MN 55021
$259,900
4 beds1 bath1,680 sq ft
1427 Central Ave N, Faribault, MN 55021
$395,000
3 beds3 baths2,492 sq ft
2007 14th St NE, Faribault, MN 55021
$179,900
3 beds1 bath1,582 sq ft
805 1st St SW, Faribault, MN 55021
OPEN SUN, 10:30AM TO 12PM
$235,000
3 beds2 baths1,500 sq ft
1229 1st Ave NE, Faribault, MN 55021
$399,900
4 beds3 baths2,314 sq ft
1428 11th Ave NE, Faribault, MN 55021
$324,900
4 beds2 baths1,904 sq ft
1100 Mitchell Dr, Faribault, MN 55021
$360,000
4 beds2 baths2,125 sq ft
2130 198th St W, Faribault, MN 55021
$379,900
4 beds2 baths2,612 sq ft
1320 11th Ave NE, Faribault, MN 55021
$299,900
3 beds2 baths1,757 sq ft
1030 Willow St, Faribault, MN 55021
See all

Provided by Redfin

Sale history for 829 Reed Ave

Date

Event

Price

RENT. #1

Sep 1, 2023

Rental Removed

$1,500

Aug 11, 2023

Listed for Rent

$1,500

NORTHSTARMLS as Distributed by MLS Grid #6466858

May 1, 2023

Sold

$510,000

NORTHSTARMLS as Distributed by MLS Grid #4704105

Nov 11, 2016

Sold

$352,000

Sep 29, 2016

Pending

—

Sep 20, 2016

Contingent

—

May 26, 2016

Price Changed

$369,000

Apr 19, 2016

Listed

$384,900

+10

Calling all investors-here is your chance to purchase an elite income property! Many features renters & you as owner will love-creating high demand when turnover occurs & strong rental rates-HUGE kitchen w/dishwasher & newer appliances, attached 1 stall garages, semi-open floor plans, plenty of natural light, sun room/sitting room (could be converted into a 3rd bedroom), washer & dryer in each unit, large bedrooms, vaulted ceiling in UL, walkout to patio in LL, newer building, the list goes on!

NORTHSTARMLS as Distributed by MLS Grid #3819705

Oct 22, 2009

Listing Removed

—

Jul 31, 2009

Listed

$274,900

NORTHSTARMLS as Distributed by MLS Grid #SEMN4014228

Jul 31, 2009

Listed

$274,900

NORTHSTARMLS as Distributed by MLS Grid #3649048

Jun 30, 2009

Listing Removed

—

Feb 17, 2009

Listed

$499,900

Public Records

Jun 13, 2006

Sold

$440,000

NORTHSTARMLS as Distributed by MLS Grid #3156694

Apr 14, 2006

Listing Removed

—

Feb 24, 2006

Listed

$450,000

Public Records

Oct 16, 2001

Sold

$50,000

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2026

$7,836 (+2.1%)

$48,000 + $458,900

$506,900

2025

$7,672 (+17.2%)

$48,000 + $454,800

$502,800

2024

$6,544 (+5.6%)

$44,000 + $403,400

$447,400

2023

$6,196 (+7.9%)

$44,000 + $364,900

$408,900

2022

$5,742

$44,000 + $307,500

$351,500

2021

$5,742 (+3.5%)

$44,000 + $304,400

$348,400

2020

$5,548 (−1.7%)

$44,000 + $299,000

$343,000

2019

$5,646 (−5.4%)

$44,000 + $299,200

$343,200

2018

$5,970 (−0.5%)

$44,000 + $309,500

$353,500

2017

$5,998 (+12.1%)

$44,000 + $299,100

$343,100

2015

$5,352 (−7.9%)

$70,500 + $244,400

$314,900

2014

$5,810 (+5.9%)

$70,500 + $244,400

$314,900

2013

$5,484

$70,500 + $244,400

$314,900

Tax history for 829 Reed Ave

Year

Property tax

Land + Additions

Assessment*

2026

$7,836 (+2.1%)

$48,000 + $458,900

$506,900

2025

$7,672 (+17.2%)

$48,000 + $454,800

$502,800

2024

$6,544 (+5.6%)

$44,000 + $403,400

$447,400

2023

$6,196 (+7.9%)

$44,000 + $364,900

$408,900

2022

$5,742

$44,000 + $307,500

$351,500

2021

$5,742 (+3.5%)

$44,000 + $304,400

$348,400

2020

$5,548 (−1.7%)

$44,000 + $299,000

$343,000

2019

$5,646 (−5.4%)

$44,000 + $299,200

$343,200

2018

$5,970 (−0.5%)

$44,000 + $309,500

$353,500

2017

$5,998 (+12.1%)

$44,000 + $299,100

$343,100

2015

$5,352 (−7.9%)

$70,500 + $244,400

$314,900

2014

$5,810 (+5.9%)

$70,500 + $244,400

$314,900

2013

$5,484

$70,500 + $244,400

$314,900

*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

—

Lot depth

—

Lot size

0.48 Acres

Year renovated

2002

Sq. Ft.

5,616

Year built

2002

Style

Other

County

Rice County

APN

1806126011

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

R-3

Medium Density Residential District

The R-3, Medium Density Residential District, is established to provide for an environment of predominantly medium density apartments and congregate living arrangements, and single and two-family dwellings, along with directly related, complementary uses. It is intended that where an R-3, Medium 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 plat 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

Exterior

Property Information
FractionalOwnershipYN: No
Property Type: Residential Income

Lot Information
Lot Size Area: 0.478
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: $6,196
Tax Year: 2023
Tax With Assessments: $6,196

Location

Multi-Unit Information
# of Units (Total): 4

School Information
High School District: Faribault
School District Number: 2145
School District Phone: 5073336016

Location Information
Map Coordinate: 999-A1

Public facts

Beds: —
Baths: —
Sq. Ft.: 5,616
Stories: —
Lot Size: 0.48 acres
Style: Other
Year Built: 2002
Year Renovated: 2002
County: Rice County
APN: 1806126011

Home facts updated by county records on Aug 10, 2026

Other

Home Information
Living Area: 0
Levels: One

Around this home

Schools

Roosevelt Elementary School

Public PreK-5 • Assigned • 1.5mi

7/10

Faribault Middle School

Public 6-8 • Assigned • 0.8mi

2/10

Faribault Senior High School

Public 9-12 • Assigned • 0.8mi

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

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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

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815 2nd Ave NW, Faribault, MN 55021

New listings for sale in 55021

OPEN THU, 4PM TO 6PM

$489,000

4 beds3 baths2,762 sq ft

1101 Faribault Rd, Faribault, MN 55021

$259,900

4 beds1 bath1,680 sq ft

1427 Central Ave N, Faribault, MN 55021

$395,000

3 beds3 baths2,492 sq ft

2007 14th St NE, Faribault, MN 55021

$179,900

3 beds1 bath1,582 sq ft

805 1st St SW, Faribault, MN 55021

OPEN SUN, 10:30AM TO 12PM

$235,000

3 beds2 baths1,500 sq ft

1229 1st Ave NE, Faribault, MN 55021

$399,900

4 beds3 baths2,314 sq ft

1428 11th Ave NE, Faribault, MN 55021

$324,900

4 beds2 baths1,904 sq ft

1100 Mitchell Dr, Faribault, MN 55021

$360,000

4 beds2 baths2,125 sq ft

2130 198th St W, Faribault, MN 55021

$379,900

4 beds2 baths2,612 sq ft

1320 11th Ave NE, Faribault, MN 55021

Home values near 829 Reed Ave

Data from public records.

Address	Redfin Estimate
828 Reed Ave, Faribault, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$246,532
921 Reed Ave, Faribault, MN 1 Beds \| 1 Baths \| 624 Sq. Ft.	$129,255

Address	Redfin Estimate
832 Reed Ave, Faribault, MN 3 Beds \| 1 Baths \| - Sq. Ft.	$215,722
906 Reed Ave, Faribault, MN 2 Beds \| 1.5 Baths \| 1152 Sq. Ft.	$205,238

Address	Redfin Estimate
913 Reed Ave, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$229,269
912 Reed Ave, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$223,565

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 55021, MN

Sale history for 829 Reed Ave

Tax history for 829 Reed Ave

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 829 Reed Ave

More real estate resources