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15 14th St NE, Faribault, MN, 55021

3beds
2baths
1,205sqft
$230,000
$191price/sqft
$1,686/moest. monthly cost
$67,440/yrincome needed

About This Home

This beautifully updated 3 bedroom, 2 bath home blends classic character with modern comfort, offering a move-in-ready feel from the moment you walk in. Nearly everything has been improved within the last 5 years - from the all-new vinyl siding and refreshed flooring to the fully renovated bathrooms, updated trim, and modern fixtures throughout. The kitchen shines with newer appliances, cabinets, and countertops, while the newer HE furnace, HE water heater, central air, and 2019 roof provide peace of mind for years to come. You’ll also appreciate the newer second-floor windows, convenient carport for covered parking, and an on-site storage shed. With 1,205 finished sq ft and a layout that lives comfortably, this home offers the perfect mix of updates, function, and charm right in the heart of Faribault.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
57
BikeBikeable

Schools

6/10
2/10
Faribault Middle SchoolGrades 6-82.5 mi
4/10

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom

  • Level: Main
  • Area: 29.181
  • Dimensions: 7.10 x 4.11

Bathroom

  • Level: Upper
  • Area: 47.58
  • Dimensions: 6.10 x 7.8

Bedroom

  • Level: Main
  • Area: 96.9
  • Dimensions: 11.4 x 8.5

Bedroom2

  • Level: Upper
  • Area: 128.38
  • Dimensions: 13.1 x 9.8

Bedroom3

  • Level: Upper
  • Area: 160.08
  • Dimensions: 13.8 x 11.6

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,205

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,205
  • Total interior livable area: 1,205 sqft

Kitchen

  • Level: Main
  • Area: 208.828
  • Dimensions: 14.8 x 14.11

Living Room

  • Level: Main
  • Area: 132.441
  • Dimensions: 13.1 x 10.11

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1830426052
  • Zoning description: Residential-Single Family
  • Foundation area: 856

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 10,454 sqft
  • Lot size dimensions: 66 x 155

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Carport: Yes
  • Carport spaces: 1

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
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Tornado
Winter Weather
Inland Flooding

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 $1,163$13,956
Home Insurance *$160$1,920
Property Taxes $193$2,316
Electricity $170$2,050
Total$1,686$20,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,805/yr
40% on housing$50,580/yr
45% on housing$44,960/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

$191This 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
2025-12-03Listed for sale$237,500
2025-12-03Listing removed$250,000
2025-11-24Listed for sale$250,000
2025-11-04Listing removed$260,000
2025-09-17Listed for sale$260,000
2025-09-16Listing removed$250,000
2025-08-08Listed for sale$250,000
2022-08-19Sold$240,000
2022-07-11Pending sale$214,000
2022-07-01Listed for sale$214,000
2021-11-19Sold$70,000
2015-10-14Sold$37,000

For Sale by Agent

AgentIzzy Hernandez
BrokerageEdina Realty, Inc.

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