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CondominiumResidential

500 3rd Ave

FARIBAULT, MN 55021
1.5 ac
Lot SizeThe size of the land the home sits on, from county records.
2003
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 20033 floors46 units779–1,562 ft²
$8M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$182K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$151
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-26.9%vs the Faribault ZIP median sale $/ft² ($206)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.

0 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$123K$152K$181K$209K779 ft²936 ft²1,092 ft²1,249 ft²1,405 ft²1,562 ft²
1 bd2 bd
1 bed
3 units
2 bed
43 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 1,242 ft²
12 units
2 bd · 2 ba · 1,143 ft²
9 units
2 bd · 1 ba · 1,017 ft²
8 units
2 bd · 1.5 ba · 1,017 ft²
6 units
2 bd · 2 ba · 1,532 ft²
5 units
1 bd · 1 ba · 779 ft²
3 units
2 bd · 2.5 ba · 1,562 ft²
3 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$123K–$127K
2 units
$136K–$136K
1 unit
$150K–$152K
10 units
$158K–$158K
4 units
$169K–$170K
4 units
$179K–$187K
18 units
$190K–$190K
2 units
$201K–$209K
5 units

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$151/ft²
Floor 2
$150/ft²
Floor 3
$146/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·16
$165/ft²
Line ·10
$161/ft²
Line ·13
$156/ft²
Line ·07
$155/ft²
Line ·03
$155/ft²
Line ·04
$154/ft²
Line ·08
$154/ft²
Line ·06
$153/ft²
Line ·12
$152/ft²
Line ·14
$151/ft²
Line ·11
$150/ft²
Line ·05
$146/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.22%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.80%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.126.8 yrs
Median tax billThe middle annual property tax bill among the building's units.$2,074
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyRICE
Lot (acres)The size of the land the home sits on, from county records.1.50
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Lincoln Elementary SchoolB-
Elementary · Grades KG–5 · 0.7 mi
H
Faribault High SchoolC
High · Grades 9–12 · 0.9 mi
M
Faribault Middle SchoolD
Middle · Grades 6–8 · 1.8 mi

District: Faribault Public School District

Neighborhood · ZIP 55021These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.106
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.31,482
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.164 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,981
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$90,459
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

500 3rd Ave Nw # 103
2 bd · 2 ba · 1,242 ft²
$204K
500 3rd Ave Nw # 104
2 bd · 2 ba · 1,242 ft²
$187K
500 3rd Ave Nw # 105
2 bd · 2 ba · 1,143 ft²
$158K
500 3rd Ave Nw # 106
2 bd · 2 ba · 1,143 ft²
$183K
500 3rd Ave Nw # 107
2 bd · 1.5 ba · 1,017 ft²
$152K
500 3rd Ave Nw # 108
2 bd · 1 ba · 1,017 ft²
$150K
500 3rd Ave Nw # 109
2 bd · 2.5 ba · 1,562 ft²
$207K
500 3rd Ave Nw # 110
2 bd · 1 ba · 1,017 ft²
$169K
500 3rd Ave Nw # 111
2 bd · 1.5 ba · 1,017 ft²
$152K
500 3rd Ave Nw # 112
2 bd · 2 ba · 1,143 ft²
$182K
500 3rd Ave Nw # 113
2 bd · 2 ba · 1,242 ft²
$206K
500 3rd Ave Nw # 114
2 bd · 2 ba · 1,242 ft²
$187K
500 3rd Ave Nw # 115
2 bd · 2 ba · 1,532 ft²
$185K
500 3rd Ave Nw # 116
1 bd · 1 ba · 779 ft²
$127K
500 3rd Ave Nw # 201
2 bd · 1 ba · 1,017 ft²
$150K
500 3rd Ave Nw # 202
2 bd · 2 ba · 1,532 ft²
$185K
500 3rd Ave Nw # 203
2 bd · 2 ba · 1,242 ft²
$187K
500 3rd Ave Nw # 204
2 bd · 2 ba · 1,242 ft²
$187K
500 3rd Ave Nw # 205
2 bd · 2 ba · 1,143 ft²
$184K
500 3rd Ave Nw # 206
2 bd · 2 ba · 1,143 ft²
$184K
500 3rd Ave Nw # 207
2 bd · 1.5 ba · 1,017 ft²
$169K
500 3rd Ave Nw # 208
2 bd · 1 ba · 1,017 ft²
$170K
500 3rd Ave Nw # 209
2 bd · 2.5 ba · 1,562 ft²
$190K
500 3rd Ave Nw # 210
2 bd · 1 ba · 1,017 ft²
$150K
500 3rd Ave Nw # 211
2 bd · 1.5 ba · 1,017 ft²
$152K
500 3rd Ave Nw # 212
2 bd · 2 ba · 1,143 ft²
$181K
500 3rd Ave Nw # 213
2 bd · 2 ba · 1,242 ft²
$187K
500 3rd Ave Nw # 214
2 bd · 2 ba · 1,242 ft²
$187K
500 3rd Ave Nw # 215
2 bd · 2 ba · 1,532 ft²
$179K
500 3rd Ave Nw # 216
1 bd · 1 ba · 779 ft²
$136K
500 3rd Ave Nw # 301
2 bd · 1 ba · 1,017 ft²
$150K
500 3rd Ave Nw # 302
2 bd · 2 ba · 1,532 ft²
$185K
500 3rd Ave Nw # 303
2 bd · 2 ba · 1,242 ft²
$187K
500 3rd Ave Nw # 304
2 bd · 2 ba · 1,242 ft²
$201K
500 3rd Ave Nw # 305
2 bd · 2 ba · 1,143 ft²
$158K
500 3rd Ave Nw # 306
2 bd · 2 ba · 1,143 ft²
$158K
500 3rd Ave Nw # 307
2 bd · 1.5 ba · 1,017 ft²
$152K
500 3rd Ave Nw # 308
2 bd · 1 ba · 1,017 ft²
$150K
500 3rd Ave Nw # 309
2 bd · 2.5 ba · 1,562 ft²
$190K
500 3rd Ave Nw # 310
2 bd · 1 ba · 1,017 ft²
$170K
500 3rd Ave Nw # 311
2 bd · 1.5 ba · 1,017 ft²
$152K
500 3rd Ave Nw # 312
2 bd · 2 ba · 1,143 ft²
$158K
500 3rd Ave Nw # 313
2 bd · 2 ba · 1,242 ft²
$187K
500 3rd Ave Nw # 314
2 bd · 2 ba · 1,242 ft²
$187K
500 3rd Ave Nw # 315
2 bd · 2 ba · 1,532 ft²
$209K
500 3rd Ave Nw # 316
1 bd · 1 ba · 779 ft²
$123K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 500 3rd Ave

How many units are in 500 3rd Ave, Faribault, MN?

500 3rd Ave, Faribault, MN has 46 residential units across 3 floors, built in 2003, according to county assessor records.

What is a unit at 500 3rd Ave, Faribault, MN worth?

The median TopHap Estimate across the 46 units at 500 3rd Ave, Faribault, MN is $181,862. That works out to $151 per square foot. Units run from 779 to 1,562 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 500 3rd Ave, Faribault, MN expensive for Faribault?

Units at 500 3rd Ave, Faribault, MN carry a median of $151 per square foot, 27% below the Faribault median of $206 per square foot.

What floor plans does 500 3rd Ave, Faribault, MN have?

The most common plan at 500 3rd Ave, Faribault, MN is a 2-bedroom of 1,242 square feet, repeated 12 times, with a median estimate of $187,071. TopHap identifies 7 recurring plans in the building.

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Assigned schools

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