516 3rd St NE, Faribault, MN 55021
OFF MARKET

516 3rd St NE
Faribault, MN 55021

  • 3 Beds
  • 2 Baths
  • 1,444 sqft (on 0.33 acres)

$324,500

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $1,965/mo*
Refinance Your Home

$324,500

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $1,965/mo*
Refinance Your Home
3 Beds
2 Baths
1,444 sqft
(on 0.33 acres)

Local Information

  • Map ViewExplore the area around 516 3rd St NE.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1933
Lot Size
0.33 acres
Living Area
1,444 sqft
Price/Sqft
$225
Parking
Garage

Description

This single-family home is located at 516 3rd St NE, Faribault, MN. 516 3rd St NE is in Faribault, MN and in ZIP code 55021. This property has 3 bedrooms, 2 bathrooms and approximately 1,444 sqft of floor space. This property has a lot size of 0.33 acres and was built in 1933.
516 3rd St NE, Faribault, MN 55021 is a 3 bedroom, 2 bathroom, 1,444 sqft single-family home built in 1933. It last sold for $297,000 on Jun 2, 2022. It is currently off market. The Trulia Estimate is $324,500, with a rent estimate of $1,975/month.

Home Details for 516 3rd St NE

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: Other, OtherAir ConditioningCooling System: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1.5Floors: Carpet, Linoleum Vinyl
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1933
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.33 acres

Price History for 516 3rd St NE

DatePriceEventSource
06/02/2022$297,000Sold
N/A
01/05/2022$170,000Sold
NorthstarMLS as distributed by MLS GRID #6110808
12/15/2021$179,900PendingNorthstarMLS as distributed by MLS GRID #6110808
12/14/2021$179,900PriceChange
NorthstarMLS as distributed by MLS GRID #6110808
11/19/2021$189,900Listed For SaleNorthstarMLS as distributed by MLS GRID #6110808
12/29/2011$63,200Sold
Lake Superior Area Realtors as distributed by MLS GRID #1064762
08/07/2003$148,300Sold
N/A

Market trends in Faribault

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$269K
$3.35KMoM
Sale-to-List Price
—
Price per sq ft
$139
$1MoM
Available listings
114
15MoM
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Property Tax and Assessment

Year2025
Tax$2,612
Assessment$245,300
Home facts updated by county records

Comparable Sales for 516 3rd St NE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
604 2nd St NE, Faribault, MN
0.10
Single-Family Home
$223,500
12/05/25
3
2
1,484
207 Shumway Ave, Faribault, MN
0.14
Single-Family Home
$258,000
03/23/26
3
1.5
3,492
301 6th Ave NE, Faribault, MN
0.05
Single-Family Home
$225,000
09/02/25
3
2
1,604
741 3rd St NE, Faribault, MN
0.19
Single-Family Home
$350,000
08/29/25
5
2
1,904
854 Rogers Row, Faribault, MN
0.36
Single-Family Home
$285,000
12/05/25
3
2
1,764
227 3rd Ave NE, Faribault, MN
0.18
Single-Family Home
$200,000
04/28/26
3
2
1,558
210 5th Ave NE, Faribault, MN
0.09
Single-Family Home
$248,000
04/24/26
3
2
1,876
817 Ravine St, Faribault, MN
0.21
Single-Family Home
$299,900
01/29/26
3
2
2,115
815 Rogers Row, Faribault, MN
0.29
Single-Family Home
$320,000
11/03/25
3
2
2,085
521 2nd St NE, Faribault, MN
0.12
Single-Family Home
$287,500
12/10/25
4
3
2,188

Nearby homes

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Assigned Schools

These are the assigned schools for 516 3rd St NE.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Ryan W.
    "bike or drive, around town. mostly I work from town and I like using the trail system. for bike riding and exercising "
    2
    Flag
  • Trulia User
    "There is a park and nature center near by to go with your family and is pet friendly too, we have bike trails all over town."
    3
    Flag
  • Cheyannefolman
    "It is not that fantastic of a neighbor but my family has been living on the same property for 40+ years. "
    1
    Flag
  • Dora L.
    "I lived in this neighborhood for about 10 years and is quiet so I like it and I have a park close by."
    0
    Flag
  • Smkroening
    "Great neighbors, no heavy traffic, pretty safe, small town feel but close to a big city, lots of bike trails, close to lots of lakes, it is where my husband is from."
    0
    Flag

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Homes for sale near 516 3rd St NE

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Off Market Homes Near 516 3rd St NE

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