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1322 1st Avenue NE
1322 1st Avenue NE
1322 1st Avenue NE
1322 1st Avenue NE
1322 1st Avenue NE

1322 1st Avenue NE, Faribault, MN 55021 - MLS# 7017046

MLS® #: 7017046|Days on Market: 34|Listed: Feb 4, 2026
Sold 03/10/2026

$230,000

$235,000↓ 2.1%
Bedrooms
4
Bathrooms
2
Square Feet
1,363
Acres
0.25
Year Built
1900
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air
Days on Market
34
School District
656 - Faribault

Welcome home! This move-in ready home, has been well maintained and is on a beautiful large lot with

mature trees. As you walk in, you will fall in love with the beautiful 3 season porch and the open concept. You'll notice the large kitchen with stainless steel appliances and breakfast bar. With 2 large bedrooms upstairs, 1 on the main level, and 1 downstairs, you will have ample space for friends and family! Schedule a showing today!

1322 1st Avenue NE, Faribault, MN 55021

Jamie Pederson
Listing AgentJamie PedersonDirector of Operations, REALTOR®507-581-7094

Interior Information

BasementEgress Window(s)
AppliancesDryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Dining RoomInformal Dining Room
Interior AmenitiesDeck, French Doors, Kitchen Window, Paneled Doors, Porch, Washer/Dryer Hookup
ElectricCircuit Breakers

Size & Levels

LevelsTwo
Total Finished Sq Ft1,363 sq ft
Above Grade Finished1,088 sq ft
Below Grade Finished275 sq ft
Main Level Finished544 sq ft

Bathrooms

Full Baths1
3/4 Baths1
Bathroom Details3/4 Basement, Upper Level Full Bath

Rooms

Main Level Rooms

Living Room15' x 10'
Kitchen13' x 11'
Bedroom14'6 x 8'
Porch9' x 6'

Upper Level Rooms

Bedroom 215' x 13'
Bedroom 312' x 8'

Basement Level Rooms

Bedroom 49' x 9'

Exterior & Parking

ExteriorVinyl
RoofAsphalt, Pitched
FoundationBlock
Patio / PorchFront Porch
ParkingAsphalt

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.25 acres
Lot Dimensions66 x 165
Lot DescriptionTree Coverage - Medium
ZoningResidential-Single Family
SubdivisionNorth Faribault
TownshipFaribault
CountyRice
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street
Other StructuresStorage Shed

Financial & Tax Information

Annual Taxes$2,178
Tax Year2025
Tax w/ Assessments$2,218
Assessment PendingNo
Parcel Number1830426063
Financing OptionsAdj. Rate/Gr Payment, Conventional, VA, FHA, Cash, MHFA/WHEDA, Rural Development, Special Funding, USDA
Assumable MortgageNot Assumable
List TypeExclusive Right To Sell

Location

Call 507-581-7094For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1939 or earlier, about 65% of occupied homes are owner-occupied, and the average commute is 20 minutes.

Cost of Ownership

Median home value

$230,300

Similar to the Faribault median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$2,171/yr

Lower than the Faribault median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$1,611/mo

Similar to the Faribault median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$600/mo

Similar to the Faribault median

Median monthly housing costs for owners without a mortgage.

Median rent

$945/mo

Lower than the Faribault median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

65%

Similar to Faribault overall

The share of occupied homes lived in by their owners.

Median year built

1964

Older than the Faribault median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2000-20099%
  • 1990-199914%
  • 1980-19899%
  • 1970-19797%
  • 1960-196915%
  • 1950-19598%
  • 1939 or earlier30%

Types of homes

The share of housing units in each building type.

  • Single-family detached65%
  • 5+ units30%

Getting Around

Average commute

20 min

Similar to the Faribault median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone75%

Homes with broadband

75%

Lower than Faribault overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Faribault Public School District

This home is in the Lincoln Elementary, Faribault Middle and Faribault Senior High attendance areas of Faribault Public School District.

Elementary

More than one school serves this area

Lincoln Elementary

Grades K-5 · 1.2 mi away

Enrollment
391
Students per teacher
12.2

510 Lincoln Ave NW, Faribault, MN 55021

(507) 333-6600

Middle

Faribault Middle

Grades 6-8 · 2.5 mi away

Enrollment
594
Students per teacher
13.8

704 17th St SW, Faribault, MN 55021

(507) 333-6300

High

Faribault Senior High

Grades 9-12 · 1.6 mi away

Enrollment
956
Students per teacher
18.4

330 9th Ave SW, Faribault, MN 55021

(507) 333-6100

School assignments can change. Verify enrollment with Faribault Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

Questions and Answers

What did 1322 1st Avenue NE sell for?

1322 1st Avenue NE in Faribault, MN, sold for $230,000 on Mar 10, 2026.

What school district is 1322 1st Avenue NE in?

Faribault Public School District. It is in the attendance areas for Lincoln Elementary (grades K-5, 1.2 mi), Faribault Middle (grades 6-8, 2.5 mi) and Faribault Senior High (grades 9-12, 1.6 mi), according to Minnesota Department of Education 2025-26 boundaries. Assignments can change, so confirm enrollment with the district.

What are the property taxes for 1322 1st Avenue NE?

Property taxes are $2,178 for 2025, or $2,218 including special assessments. No special assessments are pending.

Does 1322 1st Avenue NE have an HOA fee?

No. The listing shows no homeowners association fee.

What is the commute like from 1322 1st Avenue NE?

The average one-way commute for the surrounding area is 20 minutes, compared with 24 minutes for the Twin Cities metro. About 75% of workers drive alone. Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates for the surrounding census tract.

What does it cost to own a home near 1322 1st Avenue NE?

In the surrounding census tract, the median home value is $230,300 and the median property tax bill is $2,171 a year; typical owner costs with a mortgage are $1,611 a month. These are area estimates, not figures for this home.

Broker Reciprocity logo
Listed by: Pederson Realty Inc
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.