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Single Family ResidenceResidential
$276,382$210 / 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 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

705 3RD ST SW

FARIBAULT, MN 55021
2
Beds
1.5
Baths
1,313 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.
1.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1880
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$276K
$267K low$286K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$276,382
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$221,106

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,266 (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.$295,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$117,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$177,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$279,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$295,000

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.A-Frame
CountyRICE
Lot (acres)The size of the land the home sits on, from county records.1.17
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.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
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.Garage, Detached
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 · 264 ft²Patio · 264 ft²Porch · 28 ft²

Transaction History(1)

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.

H
Faribault High SchoolC
High · Grades 9–12 · 0.3 mi
E
Jefferson Elementary SchoolC-
Elementary · Grades KG–5 · 0.5 mi
M
Faribault Middle SchoolD
Middle · Grades 6–8 · 1.1 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.107
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.31,481
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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

705 3rd St Sw 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.

  • Costs more per square foot than 67% of homes in Faribault 55021
  • Has a bigger lot than 76% of homes in Faribault 55021
  • Older than 96% of homes in Faribault 55021

What homes are worth in Faribault 55021

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

This home
$98K$698K

This home is worth more than 60% 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.

Estimated value$276,382
CheaperTypical $239,666Pricier

Pricier than 60% of homes nearby

Price per ft²$210
CheaperTypical $177Pricier

Pricier than 67% of homes nearby

Living area1,313 ft²
SmallerTypical 1,349 ft²Bigger

Bigger than 47% of homes nearby

Lot size1.17 ac
SmallerTypical 0.3 acBigger

Bigger than 76% of homes nearby

Year built1880
OlderTypical 1972Newer

Newer than 4% of homes nearby

How 705 3rd St Sw ranks against every home in each area.
MeasureThis homeFaribault 55021Rice County
Estimated valuepricier than$276,38260% of homes50% of homes
Price per ft²pricier than$21067% of homes61% of homes
Living areabigger than1,313 ft²47% of homes40% of homes
Lot sizebigger than1.17 ac76% of homes70% of homes
Year builtnewer than18804% of homes4% of homes

About 705 3rd St Sw

How much is 705 3rd St Sw, Faribault, MN worth?

The TopHap Estimate for 705 3rd St Sw, Faribault, MN is $276,382 as of Jul 14, 2026. The likely range is $266,649 to $286,115. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 705 3rd St Sw, Faribault, MN last sell?

705 3rd St Sw, Faribault, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 705 3rd St Sw, Faribault, MN?

705 3rd St Sw, Faribault, MN has 2 bedrooms, 1.5 bathrooms, 1,313 square feet of living space and a 1.17-acre lot.

When was 705 3rd St Sw, Faribault, MN built?

705 3rd St Sw, Faribault, MN was built in 1880, making it 146 years old. It is a a-frame home. The building has 1 story.

What schools serve 705 3rd St Sw, Faribault, MN?

705 3rd St Sw, Faribault, MN is assigned to Faribault High School (high), rated C; Jefferson Elementary School (elementary), 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 705 3rd St Sw, Faribault, MN compare to other homes in Faribault 55021?

Among the 11,108 homes in Faribault 55021, it is worth more than 60% of them ($276,382 against a typical $239,666), its price per square foot is higher than 67% of them ($210 against a typical $177), it is bigger than 47% of them (1,313 ft² against a typical 1,349 ft²), its lot is bigger than 76% of them (1.17 ac against a typical 0.3 ac) and it is newer than 4% of them (1880 against a typical 1972). Measured against all of Rice County, it is worth more than 50% 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 705 3rd St Sw, Faribault, MN?

The 2026 property tax bill for 705 3rd St Sw, Faribault, MN was $3,266. The county assessed it at $295,000.

Closest homes

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Assigned schools

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