




1516 Wellington Cres, Faribault, MN, 55021
About This Home
**Huge Private Lot ** Oversized garage This Perfect rambler offers a spacious floor plan and a private, fully fenced in yard in a desirable Faribault location close to parks, schools, and everyday conveniences. Recent improvements include a newer roof, gutters, air conditioning unit, and luxury vinyl plank flooring, providing comfort and peace of mind for years to come. An inviting front porch welcomes guests into a bright, open-concept main level featuring a spacious living room highlighted by a stylish wood accent wall. The living area flows seamlessly into the dining space and kitchen, creating an ideal layout for daily living and entertaining. The kitchen features a breakfast bar, natural light and a lovely pantry for extra storage. Just beyond, the stunning four-season porch showcases vaulted ceilings, expansive windows, and beautiful backyard views, offering the perfect place to relax and enjoy every season. All three bedrooms are conveniently located on the main level, along with a full bathroom. There are many closets throughout the home that are large and spacious. The finished lower level provides exceptional flexibility with a large family room and 3/4 bath The lower level has opportunity to add in another bedroom! Outside, you'll find an oversized backyard with mature trees, abundant green space, and room for gardening, recreation, and outdoor gatherings. A storage shed offers convenient space for lawn equipment, tools, and outdoor toys. This well-maintained home combines comfort, functionality, and a fantastic setting—ready for you to move in and enjoy. 1-year AHS warranty included for buyer for peace of mind!
Getting Around
Schools
Construction
Condition
- Year built: 1968
Materials
- Roof: Age 8 Years or Less
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Freezer,Gas Water Heater,Microwave,Range,Refrigerator,Washer,Water Softener Owned
- Laundry features: Lower Level
Basement
- Has basement: Yes
- Basement: Finished,Storage Space,Sump Basket,Sump Pump
Bedroom
- Level: Main
- Area: 100
- Dimensions: 10x10
Bedroom2
- Level: Main
- Area: 130
- Dimensions: 10x13
Bedroom3
- Level: Main
- Area: 143
- Dimensions: 11x13
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bonus Room
- Level: Lower
- Area: 160
- Dimensions: 16x10
Bonus Room
- Level: Lower
- Area: 180.125
- Dimensions: 16'6x10'11
Dining Room
- Level: Main
- Area: 156
- Dimensions: 13x12
Family Room
- Level: Lower
- Area: 432
- Dimensions: 12x36
Features
- Finished area below ground: 542
- Finished area above ground: 1,364
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,906
- Total interior livable area: 1,906 sqft
Kitchen
- Level: Main
- Area: 90
- Dimensions: 10x9
Living Room
- Level: Main
- Area: 276
- Dimensions: 23x12
Other
- Level: Main
- Area: 252
- Dimensions: 12x21
Patio
- Level: Main
Porch
- Level: Main
- Area: 250.0069
- Dimensions: 21'7x11'7
Storage
- Level: Lower
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1801152044
- Zoning description: Residential-Single Family
- Foundation area: 1364
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Enclosed,Rear Porch
- Fencing: Chain Link
Lot
- Lot size: 0.43 Acres
- Features: Cleared,Tree Coverage - Light
- Lot size dimensions: 78 x 150 x 119 x 147
Parking
- Total spaces: 2
- Parking features: Attached,Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Cold Wave
- Hail
- Tornado
- Winter Weather
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Rice County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,542 | $18,504 |
| Home Insurance * | $212 | $2,544 |
| Property Taxes | $236 | $2,832 |
| Electricity | $170 | $2,050 |
| Total | $2,160 | $25,920 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-15 | Price change | $299,900 |
| 2026-07-27 | Price change | $305,000 |
| 2026-07-24 | Price change | $319,900 |
| 2026-07-16 | Listed for sale | $324,900 |
| 2026-07-16 | Listing removed | $329,000 |
| 2026-06-27 | Price change | $329,000 |
| 2026-06-12 | Listed for sale | $339,900 |
| 2026-06-08 | Listing removed | $339,900 |
| 2026-06-05 | Listed for sale | $339,900 |
| 2023-08-14 | Sold | $235,000 |
| 2023-07-11 | Pending sale | $250,000 |
| 2023-07-07 | Price change | $250,000 |
| 2023-06-23 | Listed for sale | $269,900 |
| 2022-10-19 | Sold | $237,500 |
| 2022-10-06 | Pending sale | $245,000 |
| 2022-09-15 | Price change | $245,000 |
| 2022-09-08 | Price change | $260,000 |
| 2022-08-30 | Listed for sale | $275,000 |
| 2022-08-29 | Listing removed | -- |
| 2022-07-19 | Pending sale | $267,500 |
| 2022-07-15 | Listed for sale | $267,500 |
