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718 6th St NW, Faribault, MN, 55021

4beds
2baths
3,564sqft
$259,000
$73price/sqft
$2,026/moest. monthly cost
$81,040/yrincome needed

About This Home

Welcome home! This charming 2-story residence offers 4 spacious bedrooms and 2 well-appointed bathrooms, with the convenience of a main floor bedroom and full bath perfect for guests or multi-generational living. The heart of this home is the expansive eat-in kitchen, featuring a central island and a beverage/wine fridge, ideal for entertaining and family gatherings. The formal dining room adds a touch of elegance, while the large open family room invites relaxation and comfort. Step into the finished front porch, adorned with custom wood finishes, or through the generous back entryway that provides additional space for storage and ease of access. On the upper level, you will find 3 bedrooms including a large primary with built-ins and a versatile office space, along with an additional full bath. The finished lower level is a true gem, offering a large flex room with brand new flooring, a separate exterior entrance, and a thoughtfully designed laundry room with custom built-ins. There’s even a potential third bathroom waiting for your personal touch! The oversized 2-stall detached garage, featuring a newer roof, and the wrap-around deck overlooking your private, partially fenced backyard create a wonderful outdoor retreat, complete with an additional shed that can serve as storage or a playhouse for children. The expansive concrete patio is perfect for entertaining friends and family during warm summer evenings. This home beautifully combines warmth and functionality, offering ample space for all your needs. Don’t miss your opportunity to make it your own!

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

6/10
2/10
Faribault Middle SchoolGrades 6-81.9 mi
4/10

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer,Wine Cooler

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom

  • Level: Main
  • Area: 231
  • Dimensions: 21x11

Bedroom2

  • Level: Upper
  • Area: 143
  • Dimensions: 13x11

Bedroom3

  • Level: Upper
  • Area: 110
  • Dimensions: 11x10

Bedroom4

  • Level: Upper
  • Area: 220
  • Dimensions: 20x11

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area below ground: 464
  • Finished area above ground: 2,336

Flex Room

  • Level: Lower
  • Area: 264
  • Dimensions: 22x12

Heating & Cooling

  • Heating features: Boiler
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,564
  • Total interior livable area: 3,564 sqft

Kitchen

  • Level: Main
  • Area: 187
  • Dimensions: 17x11

Laundry

  • Level: Lower
  • Area: 54
  • Dimensions: 9x6

Living Room

  • Level: Main
  • Area: 378
  • Dimensions: 27x14

Porch

  • Level: Main
  • Area: 81
  • Dimensions: 9x9

Porch

  • Level: Main
  • Area: 132
  • Dimensions: 6x22

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1831226024
  • Zoning description: Residential-Single Family
  • Foundation area: 1500

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.25 Acres
  • Lot size dimensions: 66 x 165

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Concrete,Garage,Garage Door Opener,Insulated Garage,Paved Lot
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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

  • Hail
    HailVery High
  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Cold Wave
Winter Weather
Heat Wave
Ice Storm
Lightning

FEMA Declared Disasters in Rice County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $1,309$15,708
Home Insurance *$180$2,160
Property Taxes $237$2,844
Electricity $300$3,607
Total$2,026$24,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,462/yr
40% on housing$60,780/yr
45% on housing$54,026/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$73This listing

vs Other Active Listings

Avg $/sqft

ZIP 55021$159
Rice County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 55021$154
Rice County$165

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

DateEventPrice
2026-04-23Listed for sale$279,900
2026-03-24Pending sale$279,900
2026-02-06Price change$279,900
2025-11-18Price change$289,900
2025-09-30Listed for sale$299,900
2022-07-25Sold$259,900
2022-06-21Pending sale$259,900
2022-06-14Listed for sale$259,900
2022-06-14Pending sale$259,900
2022-06-10Price change$259,900
2022-05-22Listed for sale$269,900
2011-02-24Sold$130,000
2000-04-20Sold$103,125

For Sale by Agent

AgentEmmie Rice
BrokerageeXp Realty

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