Very nice rambler style home nestled into majestic oaks. Steel siding, newer roof, insulated and heated garage, raised oak cabinetry are some of this 1988 one story home's features.
Single-familyProperty Type
1988Year Built
0.34 acresLot Size
$272Est. Price/Sq.Ft.
2 car garageParking
Listed by Lori Gustafson• Weichert, REALTORS- Heartland
Source:NORTHSTARMLS as Distributed by MLS Grid #4160343
Redfin Estimate
$282,762
$156K since sold in October 2012$0 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 5.5% higher than the average sale price ($268K) of 6 comparable homes.
Very nice rambler style home nestled into majestic oaks. Steel siding, newer roof, insulated and heated garage, raised oak cabinetry are some of this 1988 one story home's features.
Public Records
Oct 6, 1998
Sold
$114,900
$110/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,802 (+23.2%)
2025
$2,274 (−15.4%)
2024
$2,688 (+7.2%)
2023
$2,508 (+7.5%)
2022
$2,334 (+5.3%)
2021
$2,216 (+18.4%)
2020
$1,872 (+6.4%)
2019
$1,760 (+8.2%)
2018
$1,626 (+2.0%)
2017
$1,594 (+5.0%)
2015
$1,518 (−12.3%)
2014
$1,730 (+22.7%)
2013
$1,410
Tax history for 931 Reed Ave
Year
Property tax
Land + Additions
Assessment*
2026
$2,802 (+23.2%)
2025
$2,274 (−15.4%)
2024
$2,688 (+7.2%)
2023
$2,508 (+7.5%)
2022
$2,334 (+5.3%)
2021
$2,216 (+18.4%)
2020
$1,872 (+6.4%)
2019
$1,760 (+8.2%)
2018
$1,626 (+2.0%)
2017
$1,594 (+5.0%)
2015
$1,518 (−12.3%)
2014
$1,730 (+22.7%)
2013
$1,410
*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: 1,040
Basement Type: Full
Bathroom Information
# of Full Baths: 1
# of 1/4 Baths: 1
Room Information
# of Rooms: 4
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Concrete Block
Exterior Wall: Steel
Roof Covering Type: Asphalt
Roof Shape Type: Asphalt
Building Type: Single Family
Property Information
Subdivision Name: GROVELAND PARK
Living Sq. Ft: 1,040
Building Sq. Ft: 2,704
# of Stories: 1
Legal Description: GROVELAND PARK L5 & L6 B2 EX PART L5 BLK 2 DAF BEG MOST NLY COR L5 SW ALG NWLY LI L5 20FT SELY TO A PT 2FT FROM NE COR L5 NE ALG E LI L5 2FT TO NE COR L5 NW ALG NELY LI L5 TPOB
Parking & Garage Information
Parking Type: Attached Frame Garage
Garage/Parking Sq. Ft: 624
Garage / Carport Type: Attached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 14,886
Legal Lot Number: 5
Legal Block Number: 2
Municipality Name: FARIBAULT
Acres: 0.3417
Depth Footage: 231.5
Front Footage: 120
State Use Description: 1A-RESIDENTIAL HOMESTEAD
Financial
Assessor Information
Assessment Year: 2025
Tax District County: FARIBO-SD656-HSP-HRA
Public facts
Beds: 2
Baths: 1.5
Sq. Ft.: 1,040
Stories: 1.0
Lot Size: 0.34 acres
Style: Single Family Residential
Year Built: 1988
Year Renovated: 1988
County: Rice County
APN: 1806128031
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 • 0.8mi
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)
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
$269,000 – $326,000
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