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2821 Hanson Ave, Faribault, MN, 55021

3beds
2baths
1,406sqft
$334,900
$238price/sqft
$2,410/moest. monthly cost
$96,400/yrincome needed

About This Home

Beautifully maintained 3 bedroom, 2 bathroom end-unit twin home located in a beautiful Faribault neighborhood with NO HOA. This single-level home offers easy living with no interior or exterior stairs and features an open, functional layout filled with natural light. Spacious living areas, a cozy gas fireplace, laundry room, and an attached 2-car garage make the home both comfortable and convenient. The primary suite includes a walk-in closet and private bathroom. Enjoy the private patio space along with a peaceful neighborhood setting that’s close to parks, trails, schools, restaurants, and quick access to I-35W for an easy commute. Move-in ready and designed for low-maintenance living in a great location.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

6/10
2/10
Faribault Middle SchoolGrades 6-83.8 mi
4/10

Construction

Condition

  • Year built: 2006

Materials

  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Twin Home

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Rented
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: None

Bathroom

  • Level: Main
  • Area: 66
  • Dimensions: 6x11

Bedroom

  • Level: Main
  • Area: 165
  • Dimensions: 15x11

Bedroom2

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Bedroom3

  • Level: Main
  • Area: 117
  • Dimensions: 9x13

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 112
  • Dimensions: 14x8

Features

  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,406

Garage

  • Level: Main

Heating & Cooling

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

Interior Area

  • Total structure area: 1,406
  • Total interior livable area: 1,406 sqft

Kitchen

  • Level: Main
  • Area: 182
  • Dimensions: 13x14

Laundry

  • Level: Main
  • Area: 42
  • Dimensions: 7x6

Living Room

  • Level: Main
  • Area: 224
  • Dimensions: 14x16

Patio

  • Level: Main

Porch

  • Level: Main

Primary Bathroom

  • Level: Main
  • Area: 60
  • Dimensions: 12x5

Property

Accessibility

  • Accessibility features: Customized Wheelchair Accessible,Grab Bars In Bathroom,No Stairs External,No Stairs Internal

Details

  • Parcel number: 1823152014
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 1406

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch,Patio
  • Fencing: None

Lot

  • Lot size: 9,278 sqft
  • Features: Tree Coverage - Medium
  • Lot size dimensions: 61.67 x 151

Parking

  • Total spaces: 2
  • Parking features: Attached,Asphalt,Shared Driveway,Garage Door Opener
  • 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
  • Drought
    DroughtModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Cold Wave
Winter Weather
Drought
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 $1,693$20,316
Home Insurance *$233$2,796
Property Taxes $314$3,768
Electricity $170$2,050
Total$2,410$28,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,628/yr
40% on housing$72,300/yr
45% on housing$64,266/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

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 55021$158
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
2026-08-04Price change$319,900
2026-07-17Price change$334,900
2026-06-12Listed for sale$349,000
2017-03-17Sold$179,900
2016-12-06Listed for sale$184,900
2016-12-06Pending sale$184,900
2011-12-29Sold$110,000

For Sale by Agent

AgentMaddi Olson
BrokerageeXp Realty

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