$496,300
- 3 Beds
- 2 Baths
- 2,225 sqft (on 0.90 acres)
16089 Elgin Ct, Faribault, MN 55021
Est. Refi. Payment $3,171/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 20, 2024 for $456,800
Home Value
Trulia Estimate
$496KSince last month
Decreased$2K (-0.5%)Since last year
$100 (0%)Since last sale
Increased$39K (+8.4%)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 +64% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $495K |
| August 2026 | $498K |
| July 2026 | $492K |
| June 2026 | $487K |
| May 2026 | $474K |
| April 2026 | $473K |
| March 2026 | $473K |
| February 2026 | $477K |
| 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 |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $520,000 | 10/06/25 | 3 | 3 | 2,576 | |
0.20 | Single-Family Home | $885,000 | 06/04/26 | 4 | 2.5 | 2,856 | |
0.98 | Single-Family Home | $311,000 | 06/02/26 | 3 | 1 | 1,920 | |
0.99 | Single-Family Home | $575,000 | 07/24/26 | 3 | 3 | 2,537 | |
1.02 | Single-Family Home | $139,900 | 06/18/26 | 2 | 0.5 | 1,140 | |
1.68 | Single-Family Home | $560,000 | 10/31/25 | 3 | 2 | 2,112 | |
1.03 | Single-Family Home | $350,000 | 06/18/26 | 2 | 1 | 672 | |
1.70 | Single-Family Home | $645,500 | 09/03/26 | 3 | 2 | 1,287 | |
1.83 | Single-Family Home | $445,000 | 09/16/26 | 2 | 2 | 1,524 | |
1.44 | Single-Family Home | $230,000 | 09/22/25 | 3 | 1 | 780 |
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 |
|---|---|---|---|---|---|---|
0.03 | $604,500 | 3 | 3 | 4,930 | Off Market | |
0.18 | $519,700 | 3 | 3 | 2,576 | Off Market | |
0.20 | $885,000 | 4 | 2.5 | 2,856 | Recently Sold | |
0.31 | $308,500 | 2 | 2 | 1,346 | Off Market | |
0.36 | $1,800,000 | - | - | - | For Sale | |
0.38 | $608,900 | 3 | 3.5 | 2,464 | Off Market | |
0.49 | $344,800 | 3 | 2 | 1,336 | Off Market | |
0.65 | - | - | - | - | Off Market | |
0.78 | $199,900 | - | - | - | For Sale | |
0.77 | $518,700 | 4 | 2.5 | 2,548 | Off Market | |
0.81 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1978
0.9 acre lot
2,225 sqft
$223/sqft
Garage
About this House
More than just lakefront! Welcome to the “Northwoods” in Rice County! Heavily wooded lot of nearly one acre tucked away on a non thru street, perched on a peninsula between Dudley and Kelly Lake. With 210 feet of lakeshore, this is the perfect blend of country, lake and seclusion. Uniquely designed home offers charming knotty pine walls and ceilings, a striking stacked brick fireplace with a wood feature insert, exposed beams, and a cozy open loft/bedroom with a private balcony. You will love all the outdoor entertaining spaces including the massive wrap around deck spanning over 500 sq ft. Features include main floor primary bedroom with walk thru bath, updated stainless steel kitchen appliances, family room wood stove, 3 season porch with hot tub, 2 slider doors to deck and walkout lower level. The deck & stairs are crafted from naturally durable ironwood. Seller to install new septic. 2 car detached garage. Just minutes to I-35 access and numerous area lakes. Pristine spring fed lake. Immerse yourself in the breathtaking views of the lake and surrounding countryside from your private sanctuary!
16089 Elgin Ct, Faribault, MN 55021 is a 3 bedroom, 2 bathroom, 2,225 sqft single-family home built in 1978. It last sold for $456,800 on Nov 20, 2024 (5% below the $479,500 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $496,300, with a rent estimate of $2,257/month.
Last check for updates: about 9 hours ago
Listed by Daryl Bauer, (952) 240-5773
Re/Max Advantage Plus
Bought with: Tracy Steinberg, (507) 213-1154, ERA Gillespie Real Estate
Source: NorthstarMLS as distributed by MLS GRID, MLS#6577844

Home Details for 16089 Elgin Ct
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MLS Status: Closed |
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Interior Details Basement: Block,Daylight,Egress Window(s),Finished,Full,Storage Space,Walk-Out AccessNumber of Rooms: 18Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bathroom, Deck, Dining Room, Family Room, Flex Room, Foyer, Kitchen, Laundry, Living Room, Patio, Three Season Porch |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1 |
Dimensions and Layout Living Area: 2225 Square FeetFoundation Area: 1008 |
Appliances & Utilities Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener OwnedDishwasherDryerLaundry: Lower Level,Laundry RoomMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Circulating, Fireplace Footings, Free Standing, Masonry, Living Room, Stone, Wood Burning, Wood Burning StoveHas a Fireplace |
Gas & Electric Electric: Circuit BreakersGas: Electric |
Levels, Entrance, & Accessibility Stories: 1.5Levels: One and One HalfAccessibility: None |
View Has a ViewView: East, Lake, Panoramic |
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Exterior Home Features Roof: Age Over 8 Years Asphalt PitchedPatio / Porch: Deck, Patio, Wrap AroundFencing: None |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (24x22)No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached Garage,Asphalt |
Frontage WaterfrontWaterfront: Lake Front, Waterfront Elevation(15-26)Road Frontage: Cul De Sac, No Outlet/Dead End, TownshipResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: UnimprovedOn Waterfront |
Water & Sewer Sewer: Private Sewer, Septic System Compliant - No, Tank with Drainage Field |
Farm & Range Frontage Length: Water Frontage: 210 |
Finished Area Finished Area (above surface): 1462 Square FeetFinished Area (below surface): 763 Square Feet |
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Cumulative Days on Market: 81 |
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Year Built Year Built: 1978 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 1008101010 |
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Price List Price: $479,500 |
Status Change & Dates Off Market Date: Fri Oct 18 2024 |
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Direction & Address City: FaribaultCommunity: Bohn-Smith Lake Shore Add |
School Information High School District: Faribault |
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Building Area Building Area: 2225 Square Feet |
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No HOA |
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Lot Area: 0.90 acres |
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Contingencies: None |
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BasementMls Number: 6577844Water ViewWater View: LakeAbove Grade Unfinished Area: 1462 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 20, 2024 Source: NorthstarMLS as distributed by MLS GRID #6577844 | Sold | $456,800 |
Oct 18, 2024 Source: NorthstarMLS as distributed by MLS GRID #6577844 | Pending | $479,500 |
Sep 9, 2024 Source: NorthstarMLS as distributed by MLS GRID #6577844 | PriceChange | $479,500 Price decreased by 4% |
Jul 30, 2024 Source: NorthstarMLS as distributed by MLS GRID #6577844 | Listed For Sale | $499,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,060 | $426,700 |
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

Based on information submitted to the MLS GRID as of 2026-09-19 06:08:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 16089 Elgin Ct
- What is 16089 Elgin Ct estimated to be worth?Trulia's estimated value for 16089 Elgin Ct in Faribault, MN is $496,300.
- What is the price history for 16089 Elgin Ct?16089 Elgin Ct in Faribault, MN last sold for $456,800 in November 2024.
- 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.
- Does 16089 Elgin Ct have air conditioning?Yes, 16089 Elgin Ct in Faribault, MN has air conditioning.
- Does 16089 Elgin Ct have laundry facilities?Yes, 16089 Elgin Ct in Faribault, MN has in-unit laundry.