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Single Family ResidenceResidential
$263,891$181 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $252,000 on Jul 16, 2024

308 1ST ST S

NERSTRAND, MN 55053
3
Beds
2
Baths
1,456 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.
0.36 ac
Lot SizeThe size of the land the home sits on, from county records.
1890
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
7
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$264K
$233K low$294K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$252,000 · Jul 16, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,982 (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.$278,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$72,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$205,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$272,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$278,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyRICE
Lot (acres)The size of the land the home sits on, from county records.0.36
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Baseboard
CoolingThe type of cooling or air conditioning in the home.None
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Mixed
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 216 ft²Patio · 252 ft²Porch · 388 ft²

Transaction History(3)

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
Roosevelt Elementary SchoolB+
Elementary · Grades KG–5 · 9.7 mi
H
Faribault High SchoolC
High · Grades 9–12 · 11.5 mi
M
Faribault Middle SchoolD
Middle · Grades 6–8 · 11.6 mi

District: Faribault Public School District

Neighborhood · ZIP 55053These 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.65
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.75
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.9

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.774
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.18 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$101,020
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$121,699
Average tempThe average temperature here across a full year.44°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

308 1st St S 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.

  • Worth less than 69% of homes in Nerstrand 55053
  • Smaller than 69% of homes in Nerstrand 55053
  • Has a smaller lot than 86% of homes in Nerstrand 55053
  • Older than 95% of homes in Rice County

What homes are worth in Nerstrand 55053

Each bar is how many homes fall in that price range. The marker is this home.

This home
$126K$904K

This home is worth more than 31% of homes in Nerstrand 55053.

How it measures up in Nerstrand 55053

The dot is this home. The mark in the middle is the typical home in Nerstrand 55053.

Estimated value$263,891
CheaperTypical $342,785Pricier

Pricier than 31% of homes nearby

Price per ft²$181
CheaperTypical $204Pricier

Pricier than 40% of homes nearby

Living area1,456 ft²
SmallerTypical 1,732 ft²Bigger

Bigger than 31% of homes nearby

Lot size0.36 ac
SmallerTypical 7 acBigger

Bigger than 14% of homes nearby

Year built1890
OlderTypical 1964Newer

Newer than 13% of homes nearby

How 308 1st St S ranks against every home in each area.
MeasureThis homeNerstrand 55053Rice County
Estimated valuepricier than$263,89131% of homes43% of homes
Price per ft²pricier than$18140% of homes41% of homes
Living areabigger than1,456 ft²31% of homes53% of homes
Lot sizebigger than0.36 ac14% of homes53% of homes
Year builtnewer than189013% of homes5% of homes

About 308 1st St S

How much is 308 1st St S, Nerstrand, MN worth?

The TopHap Estimate for 308 1st St S, Nerstrand, MN is $263,891 as of Aug 30, 2026. The likely range is $233,292 to $294,490. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 308 1st St S, Nerstrand, MN last sell?

308 1st St S, Nerstrand, MN last sold on Jul 16, 2024 for $252,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 308 1st St S, Nerstrand, MN?

308 1st St S, Nerstrand, MN has 3 bedrooms, 2 bathrooms, 1,456 square feet of living space and a 0.36-acre lot.

When was 308 1st St S, Nerstrand, MN built?

308 1st St S, Nerstrand, MN was built in 1890, making it 136 years old. It is a conventional home. The building has 2 stories.

What schools serve 308 1st St S, Nerstrand, MN?

308 1st St S, Nerstrand, MN is assigned to Roosevelt 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 308 1st St S, Nerstrand, MN compare to other homes in Nerstrand 55053?

Among the 492 homes in Nerstrand 55053, it is worth more than 31% of them ($263,891 against a typical $342,785), its price per square foot is higher than 40% of them ($181 against a typical $204), it is bigger than 31% of them (1,456 ft² against a typical 1,732 ft²), its lot is bigger than 14% of them (0.36 ac against a typical 7 ac) and it is newer than 13% of them (1890 against a typical 1964). Measured against all of Rice County, it is worth more than 43% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 308 1st St S, Nerstrand, MN?

The 2026 property tax bill for 308 1st St S, Nerstrand, MN was $2,982. The county assessed it at $278,100.

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