$570,000
- 3 Beds
- 4 Baths
- 1,967 sqft (on 0.71 acres)
502 Chestnut Ln, Faribault, MN 55021
Est. Refi. Payment $3,631/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 12, 2014 for $383,976
Home Value
Trulia Estimate
$570KSince last month
Decreased$9K (-1.6%)Since last year
Increased$8K (+1.5%)Since last sale
Increased$180K (+46.9%)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 +46% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $564K |
| August 2026 | $573K |
| July 2026 | $566K |
| June 2026 | $569K |
| May 2026 | $567K |
| April 2026 | $558K |
| March 2026 | $554K |
| February 2026 | $550K |
| January 2026 | $540K |
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 |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $475,900 | 04/30/26 | 4 | 4 | 4,404 | |
0.39 | Single-Family Home | $360,000 | 06/18/26 | 3 | 2 | 2,184 | |
0.35 | Single-Family Home | $305,000 | 11/21/25 | 4 | 2 | 1,900 | |
0.16 | Single-Family Home | $375,000 | 04/06/26 | 5 | 3 | 3,084 | |
0.30 | Single-Family Home | $300,000 | 05/26/26 | 5 | 3.5 | 3,200 | |
0.69 | Single-Family Home | $400,000 | 06/15/26 | 3 | 3 | 2,872 | |
0.20 | Single-Family Home | $160,000 | 06/12/26 | 3 | 2 | 1,216 | |
0.62 | Single-Family Home | $525,000 | 01/30/26 | 5 | 3.5 | 4,001 | |
0.25 | Single-Family Home | $136,569 | 07/01/26 | 3 | 2 | 1,216 | |
0.88 | Single-Family Home | $439,500 | 06/22/26 | 3 | 3 | 2,032 |
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 |
|---|---|---|---|---|---|---|
0.05 | $48,500 | - | - | - | For Sale | |
0.06 | $429,300 | - | - | - | Off Market | |
0.08 | $511,700 | 5 | 3 | 3,045 | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.05 | $495,300 | 3 | 2.5 | 1,598 | Off Market | |
0.11 | $419,700 | 3 | 2 | 1,550 | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.12 | $409,000 | 5 | 2 | 2,614 | Off Market | |
0.11 | $443,500 | 5 | 3.5 | 3,412 | Off Market | |
0.13 | $475,900 | 4 | 4 | 4,404 | Recently Sold | |
0.12 | $49,900 | - | - | - | Recently Sold | |
0.18 | $183,000 | 2 | 2 | 1,216 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2014
0.71 acre lot
1,967 sqft
$290/sqft
Garage
About this House
This single-family home is located at 502 Chestnut Ln, Faribault, MN. 502 Chestnut Ln is in Faribault, MN and in ZIP code 55021. This property has 3 bedrooms, 4 bathrooms and approximately 1,967 sqft of floor space. This property has a lot size of 0.71 acres and was built in 2014.
502 Chestnut Ln, Faribault, MN 55021 is a 3 bedroom, 4 bathroom, 1,967 sqft single-family home built in 2014. It last sold for $383,976 on Nov 12, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $570,000, with a rent estimate of $2,263/month.
Home Details for 502 Chestnut Ln
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Interior Details BasementNumber of Rooms: 13 |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet, Hardwood |
Heating & Cooling Air Conditioning |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: OtherFoundation Type: Concrete BlockPatio |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 2014 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 0.71 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 12, 2014 Source: N/A | Sold | $383,976 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,528 | $556,100 |
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 502 Chestnut Ln
- What is 502 Chestnut Ln estimated to be worth?Trulia's estimated value for 502 Chestnut Ln in Faribault, MN is $570,000.
- What is the price history for 502 Chestnut Ln?502 Chestnut Ln in Faribault, MN last sold for $383,976 in November 2014.
- 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 502 Chestnut Ln?The lot at 502 Chestnut Ln in Faribault, MN is about 0.71 acres (30,753 sq ft).
- Does 502 Chestnut Ln have a garage?Yes, 502 Chestnut Ln in Faribault, MN has a garage.