Step back in time with this beautifully maintained brick home built in 1900, filled with character and original craftsmanship. This three-bedroom home (one bedroom walks through to another to make 4 bedrooms) features natural woodwork, hardwood floors, spacious rooms, and a cozy eat-in kitchen perfect for family gatherings.
Lovingly cared for by the same family for over 60 years, this property offers both history and warmth. Enjoy the charm of a classic home with the convenience of being within walking distance to downtown shops, restaurants, and community events.
A rare opportunity to own a piece of local history — ready for its next chapter!
Active with contingency
Price cut: $10K (3/25)
$214,900
531 2nd St NW, Faribault, MN 55021
3beds
2,646sqft
Est.:
Single Family
Built in 1900
7,710.12 Square Feet Lot
$213,900 Zestimate®
$81/sqft
$-- HOA
What's special
Hardwood floorsCharacter and original craftsmanshipBrick homeSpacious roomsNatural woodworkCozy eat-in kitchen
- 159 days |
- 1,295 |
- 62 |
Zillow last checked:
Listing updated:
Listed by:
Lori L. Gustafson 507-334-2173,
Weichert, REALTORS- Heartland,
Sharon A. Kirk-Zeller 570-220-5201
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6813723
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/4 bathrooms: 1
Bedroom
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 15x13
Bedroom 2
- Level: Upper
- Area: 140 Square Feet
- Dimensions: 14x10
Bedroom 3
- Level: Upper
- Area: 126 Square Feet
- Dimensions: 14x9
Bonus room
- Level: Upper
- Area: 96 Square Feet
- Dimensions: 12x8
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Dining room
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Family room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 20x12
Kitchen
- Level: Main
- Area: 135 Square Feet
- Dimensions: 15x9
Living room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Heating
- Boiler, Hot Water
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: Electric Dryer Hookup, Lower Level, Washer Hookup
Features
- Basement: Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,646
- Total interior livable area: 2,646 sqft
- Finished area above ground: 1,954
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Patio
Lot
- Size: 7,710.12 Square Feet
- Dimensions: 46 x 165 x 47 x 165
Details
- Additional structures: Storage Shed
- Foundation area: 932
- Parcel number: 1831126411
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Brick
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: City/Faribault
HOA
- Has HOA: No
Location
- Region: Faribault
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $228,200
- Annual tax amount: $2,354
- Date on market: 11/7/2025
Estimated market value
$213,900
$203,000 - $225,000
$2,147/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Price change | $214,900-4.4%$81/sqft |
Source: | ||
| 1/7/2026 | Price change | $224,900-3.3%$85/sqft |
Source: | ||
| 11/7/2025 | Listed for sale | $232,500$88/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,394 +0.5% | $228,200 +5.6% |
| 2024 | $2,382 +8.5% | $216,000 |
| 2023 | $2,196 +11.5% | $216,000 +10.8% |
| 2022 | $1,970 +13.1% | $195,000 +16.1% |
| 2021 | $1,742 +6% | $167,900 +11.2% |
| 2020 | $1,644 | $151,000 +3.3% |
| 2019 | $1,644 +10% | $146,200 +9% |
| 2018 | $1,494 +11.2% | $134,100 +10.8% |
| 2017 | $1,344 +2.3% | $121,000 +1.9% |
| 2016 | $1,314 | $118,700 +4.2% |
| 2015 | $1,314 -16.3% | $113,900 -0.4% |
| 2014 | $1,570 +33.3% | $114,400 |
| 2013 | $1,178 +6.5% | -- |
| 2012 | $1,106 | -- |
| 2011 | $1,106 +0.9% | -- |
| 2010 | $1,096 -9.6% | -- |
| 2009 | $1,212 +7.8% | -- |
| 2008 | $1,124 -1.1% | -- |
| 2007 | $1,136 +5.6% | -- |
| 2006 | $1,076 +34.2% | -- |
| 2004 | $802 +10.2% | -- |
| 2003 | $728 +8.7% | -- |
| 2002 | $670 -30.8% | -- |
| 2001 | $968 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$1,285/mo
Principal & interest
$1108
Property taxes
$177
More affordability tools
Climate risks
Neighborhood: 55021
Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 1.5 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Minnesota
- Rice County
- Faribault
- 55021
- 531 2nd St NW






