916 Reed Ave is a 614 square foot house on a 6,750 square foot lot with 1 bedroom and 1 bathroom. Based on Redfin's Faribault data, we estimate the home's value is $96,790.
Single-familyProperty Type
1939Year Built
6,750 sq ftLot Size
$158Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$96,790
$3,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 50.7% lower than the average sale price ($196K) 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
$508 (+25.7%)
2025
$404 (+4.7%)
2024
$386 (+3.2%)
2023
$374 (−11.8%)
2022
$424 (+1.9%)
2021
$416 (+17.5%)
2020
$354 (−23.4%)
2019
$462
$19,400 + $13,200
$32,600
2018
$462 (−0.9%)
$19,400 + $12,300
$31,700
2017
$466 (+5.0%)
$19,400 + $11,500
$30,900
2015
$444 (−65.7%)
$19,400 + $10,800
$30,200
2014
$1,294 (+10.8%)
$19,400 + $45,400
$64,800
2013
$1,168
$19,400 + $39,800
$59,200
Tax history for 916 Reed Ave
Year
Property tax
Land + Additions
Assessment*
2026
$508 (+25.7%)
2025
$404 (+4.7%)
2024
$386 (+3.2%)
2023
$374 (−11.8%)
2022
$424 (+1.9%)
2021
$416 (+17.5%)
2020
$354 (−23.4%)
2019
$462
$19,400 + $13,200
$32,600
2018
$462 (−0.9%)
$19,400 + $12,300
$31,700
2017
$466 (+5.0%)
$19,400 + $11,500
$30,900
2015
$444 (−65.7%)
$19,400 + $10,800
$30,200
2014
$1,294 (+10.8%)
$19,400 + $45,400
$64,800
2013
$1,168
$19,400 + $39,800
$59,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Interior
Basement Information
Basement Sq. Ft: 440
Basement Type: Full
Bathroom Information
# of 1/4 Baths: 2
Room Information
# of Rooms: 4
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: GROVELAND PARK
Living Sq. Ft: 614
Building Sq. Ft: 1,054
# of Stories: 1.5
Legal Description: GROVELAND PARK L26 B1 & VAC ALLEY ADJ
Parking & Garage Information
Parking Type: Detached Frame Garage
Garage/Parking Sq. Ft: 288
Garage / Carport Type: Detached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,750
Legal Lot Number: 26
Legal Block Number: 1
Municipality Name: FARIBAULT
Acres: 0.155
Depth Footage: 135
Front Footage: 50
State Use Description: 1A-RESIDENTIAL HOMESTEAD
Financial
Assessor Information
Assessment Year: 2025
Tax District County: FARIBO-SD656-HSP-HRA
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 614
Stories: 1.5
Lot Size: 6,750 square feet
Style: Single Family Residential
Year Built: 1939
Year Renovated: 1939
County: Rice County
APN: 1806128021
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Roosevelt Elementary School
Public PreK-5 • Assigned • 1.6mi
7/10
Faribault Middle School
Public 6-8 • Assigned • 0.8mi
2/10
Faribault Senior High School
Public 9-12 • Assigned • 0.7mi
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
$92,000 – $112,000
Sell confidently with a local market expert in Faribault. 3 minutes to get started.