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

$321,700

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

516 3rd St NE, Faribault, MN 55021

Est. Refi. Payment $2,082/mo*
Refinance Your Home
Currently Off Market - Sold Jun 2, 2022 for $297,000

Home Value

Trulia Estimate
$322K
Since last month
Increased$2K (+0.5%)
Since last year
Decreased$7K (-2%)
Since last sale
Increased$24K (+8%)
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 +96% in the last 10 years
MonthEstimated value
2026
September 2026$321K
August 2026$319K
July 2026$322K
June 2026$325K
May 2026$325K
April 2026$323K
March 2026$322K
February 2026$316K
January 2026$315K
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
419 2nd St NE, Faribault, MN
0.14
Single-Family Home
$232,000
08/07/26
3
2
1,125
604 2nd St NE, Faribault, MN
0.10
Single-Family Home
$223,500
12/05/25
3
2
1,484
116 Shumway Ave, Faribault, MN
0.17
Single-Family Home
$247,500
09/14/26
3
1.5
1,248
207 Shumway Ave, Faribault, MN
0.14
Single-Family Home
$258,000
03/23/26
3
1.5
3,492
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
07/10/26
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 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
504 3rd St NE, Faribault, MN 55021
0.03
$337,100
3
3
2,284
Off Market
227 5th Ave NE, Faribault, MN 55021
0.05
$207,000
3
1
1,037
Recently Sold
228 5th Ave NE, Faribault, MN 55021
0.06
$300,600
4
2
2,128
Off Market
215 Minnesota Place NE, Faribault, MN 55021
0.06
$256,100
3
2
1,159
Off Market
416 3rd St NE, Faribault, MN 55021
0.08
$199,900
2
1.5
1,060
For Sale
405 5th Ave NE, Faribault, MN 55021
0.07
$425,700
3
2
2,208
Off Market
210 6th Ave NE, Faribault, MN 55021
0.08
$276,000
3
2
2,892
Recently Sold
210 5th Ave NE, Faribault, MN 55021
0.09
$248,000
3
2
1,876
Recently Sold
215 6th Ave NE, Faribault, MN 55021
0.08
$276,000
2
1.5
1,040
Off Market
414 6th Ave NE, Faribault, MN 55021
0.08
$297,600
5
2
2,942
Off Market
Address Not Disclosed, Faribault, MN 55021
0.11
$245,400
4
4
2,075
Off Market
604 2nd St NE, Faribault, MN 55021
0.10
$223,500
3
2
1,484
Recently Sold

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

Single-Family Home
Built in 1933
0.33 acre lot
1,444 sqft
$223/sqft
Garage

About this House

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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $321,700, with a rent estimate of $1,779/month.

Home Details for 516 3rd St NE

Interior Features

Interior Details
BasementNumber of Rooms: 6
Levels, Entrance, & Accessibility
Stories: 1.5Floors: Carpet, Linoleum Vinyl
Heating & Cooling
Air Conditioning
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 and Tax history

DateEventPrice
Jun 2, 2022
Source: N/A
Sold
$297,000
Jan 5, 2022
Source: NorthstarMLS as distributed by MLS GRID #6110808
Sold
$170,000
Dec 15, 2021
Source: NorthstarMLS as distributed by MLS GRID #6110808
Pending
$179,900
Dec 14, 2021
Source: NorthstarMLS as distributed by MLS GRID #6110808
PriceChange
$179,900
Price decreased by 5%
Nov 19, 2021
Source: NorthstarMLS as distributed by MLS GRID #6110808
Listed For Sale
$189,900

Market trends in Faribault

Last updated August 2026
Buyer'sMarketSeller'sMarket
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.
  • Trulia User
    "Very safe neighborhood "
    0
    Flag
  • 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

LGBTQ Local Legal Protections

Frequently asked questions about 516 3rd St NE

  • What is 516 3rd St NE estimated to be worth?
    Trulia's estimated value for 516 3rd St NE in Faribault, MN is $321,700.
  • What is the price history for 516 3rd St NE?
    516 3rd St NE in Faribault, MN last sold for $297,000 in June 2022.
  • 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 516 3rd St NE?
    The lot at 516 3rd St NE in Faribault, MN is about 0.33 acres (14,461 sq ft).
  • Does 516 3rd St NE have a garage?
    Yes, 516 3rd St NE in Faribault, MN has a garage.

Explore by feature - Pet Friendly

19 pet-friendly rentals in Faribault, MN

Explore by feature - Garage

14 rentals with a garage in Faribault, MN

Explore by feature - Air Conditioning

21 rentals with air conditioning in Faribault, MN

Explore by feature - Washer/dryer

19 rentals with a washer/dryer in Faribault, MN

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Off Market Homes Near 516 3rd St NE

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