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Drive-Thru Restaurant, Fast FoodCommercial
Last sold for $1,260,553 on Apr 25, 2006

1501 7TH ST NW

FARIBAULT, MN 55021
0
Baths
4,196 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.31 ac
Lot SizeThe size of the land the home sits on, from county records.
1985
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$1,260,553 · Apr 25, 2006

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$25,570 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,002,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$308,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$693,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$948,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,002,000

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.70 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Drive-Thru Restaurant, Fast Food
CountyRICE
Lot (acres)The size of the land the home sits on, from county records.1.31
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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 · 0.2 mi
H
Faribault High SchoolC
High · Grades 9–12 · 0.8 mi
M
Faribault Middle SchoolD
Middle · Grades 6–8 · 1.9 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%

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

How this home compares

1501 7th St Nw measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Faribault 55021
  • Has a bigger lot than 77% of homes in Faribault 55021

How it measures up in Faribault 55021

The dot is this home. The mark in the middle is the typical home in Faribault 55021.

Living area4,196 ft²
SmallerTypical 1,350 ft²Bigger

Bigger than almost all homes nearby

Lot size1.31 ac
SmallerTypical 0.3 acBigger

Bigger than 77% of homes nearby

Year built1985
OlderTypical 1972Newer

Newer than 64% of homes nearby

How 1501 7th St Nw ranks against every home in each area.
MeasureThis homeFaribault 55021Rice County
Living areabigger than4,196 ft²almost all homesalmost all homes
Lot sizebigger than1.31 ac77% of homes71% of homes
Year builtnewer than198564% of homes55% of homes

About 1501 7th St Nw

When did 1501 7th St Nw, Faribault, MN last sell?

1501 7th St Nw, Faribault, MN last sold on Apr 25, 2006 for $1,260,553, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 1501 7th St Nw, Faribault, MN?

1501 7th St Nw, Faribault, MN has 4,196 square feet of living space and a 1.31-acre lot.

When was 1501 7th St Nw, Faribault, MN built?

1501 7th St Nw, Faribault, MN was built in 1985, making it 41 years old. The building has 1 story.

What schools serve 1501 7th St Nw, Faribault, MN?

1501 7th St Nw, Faribault, MN is assigned to Lincoln Elementary School (elementary), rated B-; Faribault High School (high), rated C; Faribault Middle School (middle), rated D. All sit in Faribault Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1501 7th St Nw, Faribault, MN compare to other homes in Faribault 55021?

Among the 11,106 homes in Faribault 55021, it is bigger than almost all of them (4,196 ft² against a typical 1,350 ft²), its lot is bigger than 77% of them (1.31 ac against a typical 0.3 ac) and it is newer than 64% of them (1985 against a typical 1972). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1501 7th St Nw, Faribault, MN?

The 2026 property tax bill for 1501 7th St Nw, Faribault, MN was $25,570. The county assessed it at $1,002,000.

More homes on 7th St Nw

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