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19343 Gates Avenue

19343 Gates Avenue, Faribault, MN 55021
Property in Wheeling
Sold Oct 27, 2021
$428,400
$342,720 by Pennymac Loan Services Llc
Mortgage Due Nov 01, 2051
Sold Nov 13, 2018
$315,400
$299,550 by Union Home Mortgage Corp
Mortgage Due Nov 01, 2048
19343 Gates Avenue has been categorized by the local assessors in Faribault, MN as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 19343 Gates Avenue has 2,355 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 191,664 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 288 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a shed style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 19343 Gates Avenue was last sold in Oct 21, 2021 for $428,400. According to our calculations, that's $181.91 per sqft. Prior to that sales transaction, the property was sold for $315,400 in Oct 30, 2018. Current property owners are expected to pay $3,282 in taxes per year. The property on 19343 Gates Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $414,800. To break that down further, the land itself was valued at $105,800. While improvements to the property were assessed at a total of $309,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Shed
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Type: Unspecified basement
  • Basement Area: 481
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 191,664
  • Total Building Area: 2,355
  • Building Area: 2,355
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,355
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PART NW4 BAP IN W LI NW4 485FT N0DW FR SW COR NW4 TH N0DW 655FT TH N90DE 332FT TH S0DE 410FT TH S50D39'34W 157.75FT S0DE

Ownership

  • Current Owner : GEISLER LUCAS LANDEN
  • Previous Owner : GILOMEN MICHAEL
  • Previous Owner 2: GILOMEN COURTNEY
  • Owner Before Previous Owner: VILAND DARREN
  • Owner Before Previous Owner 2: VILAND MAREN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Faribault Public School District
  • School Tax School District: 656
  • School Tax District Code 2: WHEELING
  • Census Tract: 070400

Geography

  • Parcel: 12.30.2.50.001
  • Meridian: SEC 30 TWN 110 RNG 019
  • Municipality: TOWN OF WHEELING
  • Latitude: 44.3076
  • Longitude: -93.1608

    Address

  • Full Address: 19343 Gates Ave
  • Address - House Number: 19343
  • Address - Street Name: Gates
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Faribault
  • Carrier Code: R001
  • 4-Digit Zip Code: 8043
  • Zip Code: 55021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,282
  • Tax Rate Code Area: WHEELING-S

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 476,333
  • High Value: 548,118
  • Low Value: 404,548

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,720
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Oct 27, 2021
  • First Open Lien Mortgage Loan Amount: $342,720
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $414,800
  • Market Land Value: $105,800
  • Market Improvement Value: $309,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,800
  • Assessed Land Value: $105,800
  • Assessed Improvements Value: $309,000

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Transaction ID: 11861309210
  • Current Sale Price: $428,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A745365
  • Previous Sale Recording Date: Nov 13, 2018
  • Previous Sale Contract Date: Oct 30, 2018
  • Previous Sale Amount: $315,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Oct 27, 2021
  • First Mortgage Loan Amount: $342,720
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNION HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 13, 2018
  • Previous Mortgage Loan Amount: $299,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2048

About Rice



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Frequently Asked Questions

What neighborhood is 19343 Gates Avenue located in?
The 19343 Gates Avenue is a located in the neighborhood of Wheeling in Rice, Faribault.
What is the average sales price for listings in 19343 Gates Avenue?
The average sales price for units in 19343 Gates Avenue is $0 currently.

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