Rice County property record for 1007 Reed Ave, Faribault, MN 55021
| Property Type | Townhouse |
|---|---|
| Details | 2 bd · 2.5 ba · 1,603 sqft · built 2018 |
| Lot Size | 0.269 acres (11,729 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $256,400 (Jul 2018) |
| Tax Bill | $4,140 (2026) |
| Deeds & Mortgages | Apr 2019 Mortgage Jul 2018 Sale & Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 18.06.1.29.012 |
| Primary APN | 18.06.1.29.012 |
|---|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 2.5 Baths |
| Half Baths | 1 Half Bath |
| Plumbing Fixtures | 6 Plumbing Fixtures |
| Total Rooms | 5 Rooms |
| Stories | 1 Story |
| Building Area | 1,603 sqft Living Area |
| 1st Floor Area | 1,588 sqft |
| Basement Area | 1,588 sqft |
| Finished Basement | 1,400 sqft |
| Unfinished Basement | 188 sqft |
| Flooring | Carpet |
| Interior Walls | Wallboard/Drywall |
| Year Built | Built 2018 |
|---|---|
| Effective Year Built | Effective 2018 |
| Architectural Style | Townhouse |
| Exterior Material | Vinyl |
| Roof Type | Gable |
| Roof Material | Asphalt |
| Lot Area | 11,729 sqft (0.269 acres) |
| Lot Dimensions | 140 ft deep x 97 ft wide |
| Garage Type | Attached |
| Garage Area | 576 sqft |
| Driveway | Concrete Driveway |
| Parking Spaces | 2 Parking Spaces |
| Porch | Slab |
|---|---|
| Porch Area | 156 sqft |
| Deck Area | 169 sqft |
| Patio Area | 168 sqft |
| Cooling System | HVAC |
|---|---|
| Heating System | HVAC |
| Street Address | 1007 REED AVE |
|---|---|
| City | FARIBAULT |
| State | MN |
| Zip | 55021-6357 |
| Property Category | Residential |
| Property Type | Residential > Condominium / Townhouse > Townhouse |
| Legal Description | LOT 12 BLOCK 1 OF RIVER TRAIL 2ND ADD |
| Legal Subdivision | RIVER TRAIL 2ND ADD |
| Legal Block | 1 |
| Legal Lot Number | 12 |
| Jurisdiction | RICE MN |
| Township / Civil Division | FARIBAULT |
| Census Block Group | 1 |
| Census Block | 1013 |
| Census Tract | 70802 |
1007 Reed Ave, a townhouse, is owned and occupied by two individuals who bought it in July 2018.
Source: Rice County records, as of June 8, 2026
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 1007 REED AVE, FARIBAULT, MN 55021-6357 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Apr 23, 2019 | Deed of Trust, Mortgage · VA Mortgage ACCELERATE MTG LLC |
| Jul 24, 2018 | Warranty Deed, Subdivision Related Transfer · VA Mortgage QUICKEN LNS |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Jul 24, 2018 · Amount on File |
| Deed Sale | Jul 24, 2018 · Amount on File |
| Deed Document Number | 2018708895 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | RICE MN |
| Property Address | 1007 REED AVE, FARIBAULT, MN 55021-6357 |
| Document Number | 0000716172 |
| Instrument Date | Apr 23, 2019 |
| Transaction Type | Mortgage |
| Record Updated | May 31, 2019 |
| Title Company | TITLE SERVICE AND LIAISON COMPANIES, INDECOMM GLOBAL SVCS |
| Name | Verified Name |
|---|---|
| Relationship | Joint Tenants with Right of Survivorship |
| Address | 1007 REED AVE FARIBAULT MN 550216357, FARIBAULT, MN 55021-6357 |
| Document Number | 0000716172 |
|---|---|
| Date | May 22, 2019 |
| Instrument | 716172 |
| Name | ACCELERATE MTG LLC |
|---|---|
| Address | NEWARK, DE 19713 |
| Type | VA Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | May 21, 2049 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | RICE MN |
| Recording Date | Jul 24, 2018 |
| Property Address | 1007 REED AVE, FARIBAULT, MN 55021-6357 |
| Document Number | 0000708895 |
| Instrument Date | Jul 13, 2018 |
| Instrument | 708895 |
| Transaction Type | Subdivision Related Transfer |
| Record Updated | Aug 6, 2018 |
| Title Company | NORTH AMERICAN TITLE |
| Amount | Amount on Record |
|---|---|
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $846.12 |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Joint Tenants with Right of Survivorship |
| Address | 1007 REED AVE FARIBAULT MN 550216357, FARIBAULT, MN 55021-6357 |
| Document Number | 708896 |
|---|---|
| Date | Jul 24, 2018 |
| Instrument | 708896 |
| Name | QUICKEN LNS |
|---|---|
| Type | Funding / Finance Company |
| Address | DETROIT, MI 48226-1906 |
| Type | VA Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Jul 23, 2048 |
The 2026 property tax bill for 1007 Reed Ave was $4,140.
Source: Rice County assessment roll, as of June 8, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Rice County |
| Municipality | Faribault City |
| Unified School District | Faribault Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $4,140.00 | $357,500 (+2.26%) Land $66,700 Building $290,800 | $357,500 (+2.26%) Land $66,700 Building $290,800 |
| 2025 | $349,600 (+7.7%) Land $66,700 Building $282,900 | $349,600 (+7.7%) Land $66,700 Building $282,900 | |
| 2024 | $3,742.00 (+5.11%) | $324,600 (-) Land $62,300 Building $262,300 | $324,600 (-) Land $62,300 Building $262,300 |
| 2023 | $3,560.00 | $324,600 Land $62,300 Building $262,300 | $324,600 Land $62,300 Building $262,300 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 1007 Reed Ave in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective April 14, 2022
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Wildfire risk around 1007 Reed Ave is low, with a 0.02% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 60% of Minnesota |
|---|---|
| Wildfire Likelihood | 0.02% annual chance |
| Exposure | Indirect within ember reach |
| Adjoins Burnable Land | Yes |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | Faribault serves 23,718 people · EPA ID MN1660002 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Nov 2025 |
| Lead | 19 ppb (2024–2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.
Source: FCC Broadband Data Collection, based on 124 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Metronet Fiber | 5,120 / 5,120 |
| Spectrum Cable | 1,000 / 1,000 |
| Verizon Fixed Wireless | 300 / 20 |
| GigFire Fixed Wireless | 150 / 130 |
| Midco Fixed Wireless | 100 / 20 |
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