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Apartments (Generic)Residential

501 1ST ST SE

FARIBAULT, MN 55021
0
Baths
23,408 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.
1.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1983
Year BuiltThe year the home was originally built, according to county records.
3
StoriesHow many floors the home has above ground.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$28,904 (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.$2,110,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$420,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$1,690,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,935,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$2,110,800

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Apartments (Generic)
CountyRICE
Lot (acres)The size of the land the home sits on, from county records.1.28
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
Roosevelt Elementary SchoolC-
Elementary · Grades KG–5 · 0.8 mi
H
Faribault High SchoolD+
High · Grades 9–12 · 1.3 mi
M
Faribault Middle SchoolD
Middle · Grades 6–8 · 1.6 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

501 1st St Se 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 76% 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 area23,408 ft²
SmallerTypical 1,352 ft²Bigger

Bigger than almost all homes nearby

Lot size1.28 ac
SmallerTypical 0.3 acBigger

Bigger than 76% of homes nearby

Year built1983
OlderTypical 1972Newer

Newer than 63% of homes nearby

How 501 1st St Se ranks against every home in each area.
MeasureThis homeFaribault 55021Rice County
Living areabigger than23,408 ft²almost all homesalmost all homes
Lot sizebigger than1.28 ac76% of homes71% of homes
Year builtnewer than198363% of homes54% of homes

About 501 1st St Se

When did 501 1st St Se, Faribault, MN last sell?

501 1st St Se, Faribault, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 501 1st St Se, Faribault, MN?

501 1st St Se, Faribault, MN has 23,408 square feet of living space and a 1.28-acre lot.

When was 501 1st St Se, Faribault, MN built?

501 1st St Se, Faribault, MN was built in 1983, making it 43 years old. The building has 3 stories.

What schools serve 501 1st St Se, Faribault, MN?

501 1st St Se, Faribault, MN is assigned to Roosevelt Elementary School (elementary), rated C-; Faribault High School (high), rated D+; 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 501 1st St Se, Faribault, MN compare to other homes in Faribault 55021?

Among the 11,107 homes in Faribault 55021, it is bigger than almost all of them (23,408 ft² against a typical 1,352 ft²), its lot is bigger than 76% of them (1.28 ac against a typical 0.3 ac) and it is newer than 63% of them (1983 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 501 1st St Se, Faribault, MN?

The 2026 property tax bill for 501 1st St Se, Faribault, MN was $28,904. The county assessed it at $2,110,800.

More homes on 1st St Se

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