$517,400
- 3 Beds
- 3 Baths
- 2,965 sqft (on 0.86 acres)
1315 Forest Ln, Faribault, MN 55021
Est. Refi. Payment $3,303/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 23, 1994 for $40,000
Home Value
Trulia Estimate
$517KSince last month
$200 (0%)Since last year
Increased$7K (+1.3%)Since last sale
Increased$476K (+1,191%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +61% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $516K |
| August 2026 | $516K |
| July 2026 | $512K |
| June 2026 | $515K |
| May 2026 | $517K |
| April 2026 | $509K |
| March 2026 | $505K |
| February 2026 | $500K |
| January 2026 | $493K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $400,000 | 06/15/26 | 3 | 3 | 2,872 | |
0.25 | Single-Family Home | $379,900 | 08/28/26 | 3 | 3 | 2,548 | |
0.18 | Single-Family Home | $439,500 | 06/22/26 | 3 | 3 | 2,032 | |
0.18 | Single-Family Home | $379,900 | 05/26/26 | 4 | 3 | 2,650 | |
0.21 | Single-Family Home | $353,800 | 11/21/25 | 3 | 2 | 2,442 | |
0.16 | Single-Family Home | $525,000 | 01/30/26 | 5 | 3.5 | 4,001 | |
0.31 | Single-Family Home | $300,000 | 01/23/26 | 4 | 2.5 | 2,313 | |
0.55 | Single-Family Home | $470,800 | 04/14/26 | 3 | 2.5 | 2,283 | |
0.59 | Single-Family Home | $375,000 | 04/06/26 | 5 | 3 | 3,084 | |
0.58 | Single-Family Home | $550,000 | 06/18/26 | 3 | 2 | 3,918 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $400,000 | 3 | 3 | 2,872 | Recently Sold | |
0.07 | $514,300 | 6 | 3.5 | 4,144 | Off Market | |
0.10 | $365,600 | 4 | 2 | 2,328 | Off Market | |
0.11 | $449,400 | 4 | 3 | 2,876 | Off Market | |
0.14 | $418,700 | 3 | 3 | 2,274 | Off Market | |
0.13 | $417,800 | 4 | 3 | 2,673 | Off Market | |
0.15 | $411,000 | 4 | 3 | 2,816 | Off Market | |
0.12 | $548,300 | 4 | 3.5 | 3,334 | Off Market | |
0.15 | $320,500 | 4 | 3 | 1,768 | Off Market | |
0.15 | $333,000 | 4 | 2 | 1,987 | Off Market | |
0.17 | $457,400 | 5 | 3 | 2,536 | Off Market | |
0.18 | $379,900 | 4 | 3 | 2,650 | Recently Sold |
Local Information
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Home Highlights
Single-Family Home
Built in 1996
0.86 acre lot
2,965 sqft
$175/sqft
Garage
About this House
This single-family home is located at 1315 Forest Ln, Faribault, MN. 1315 Forest Ln is in Faribault, MN and in ZIP code 55021. This property has 3 bedrooms, 3 bathrooms and approximately 2,965 sqft of floor space. This property has a lot size of 0.86 acres and was built in 1996.
1315 Forest Ln, Faribault, MN 55021 is a 3 bedroom, 3 bathroom, 2,965 sqft single-family home built in 1996. It last sold for $40,000 on Feb 23, 1994. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $517,400, with a rent estimate of $2,608/month.
Home Details for 1315 Forest Ln
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Interior Details BasementNumber of Rooms: 7 |
Heating & Cooling Heating: Forced Air, GasAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Other, Carpet, Hardwood |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: WoodFoundation Type: Concrete BlockPatio |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1996 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 0.86 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 23, 1994 Source: N/A | Sold | $40,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,888 | $529,000 |
Home facts updated by county records
Market trends in Faribault
Last updated August 2026
Avg. sale price
$281K
$2.65KMoM
Sale-to-List Price
99.5%
Price per sq ft
$150
$3MoM
Available listings
127
2MoM
Around this home
What Locals Say about Faribault
At least 76 Trulia users voted on each feature.
90 % Say yards are well-kept
84 % Say car is needed
83 % Say parking is easy
82 % Say it's dog friendly
71 % Say kids play outside
68 % Say there are sidewalks
60 % Say there's holiday spirit
57 % Say it's quiet
54 % Say neighbors are friendly
54 % Say people would walk alone at night
52 % Say streets are well-lit
49 % Say they plan to stay for at least 5 years
45 % Say it's walkable to restaurants
44 % Say it's walkable to grocery stores
38 % Say there's wildlife
32 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1315 Forest Ln
- What is 1315 Forest Ln estimated to be worth?Trulia's estimated value for 1315 Forest Ln in Faribault, MN is $517,400.
- What is the price history for 1315 Forest Ln?1315 Forest Ln in Faribault, MN last sold for $40,000 in February 1994.
- Is Faribault a buyer's or seller's market?Faribault is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Faribault?The median sale price in Faribault is $281K. That is down $2.65K from the prior month.
- How big is the lot at 1315 Forest Ln?The lot at 1315 Forest Ln in Faribault, MN is about 0.86 acres (37,548 sq ft).
- Does 1315 Forest Ln have a garage?Yes, 1315 Forest Ln in Faribault, MN has a garage.