1017 7th St NW, Faribault, MN 55021 Property Records

Rice County property record for 1017 7th St NW, Faribault, MN 55021

Property Summary

Property Type	Multi-Family Dwellings
Details	10 bd · 5 ba · 4,064 sqft · built 1904
Lot Size	0.455 acres (19,800 sqft)
Owner	Company Name on File
Last Sale	$2,305,000 (Apr 2024)
Tax Bill	$6,350 (2026)
Deeds & Mortgages	May 2024 Sale & Line of Credit Sep 2021 Sale & Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`18.36.1.00.002`

Property Details

APN / Parcel Number

Primary APN	`18.36.1.00.002`

Interior

Bedrooms	10 Beds
Full Baths	5 Baths
Half Baths	2 Half Baths
Plumbing Fixtures	15 Plumbing Fixtures
Total Rooms	14 Rooms
Stories	2 Stories
Building Area	4,064 sqft Total Area
1st Floor Area	1,328 sqft
Basement Area	1,328 sqft
Unfinished Basement	1,260 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1904
Effective Year Built	Effective 1904
Architectural Style	A-Frame
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Hip
Roof Material	Asphalt
Lot Area	19,800 sqft (0.455 acres)
Lot Dimensions	198 ft deep x 100 ft wide
Garage Type	Detached
Garage Area	672 sqft
Driveway	Asphalt Driveway
Parking Spaces	2 Parking Spaces
Porch	Slab
Porch Area	250 sqft
Patio Area	360 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	1017 7TH ST NW
City	FARIBAULT
State	MN
Zip	55021-4724
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Legal Description	LOT 1 BLOCK 1 OF AUD PLAT #1 36-110-21 L1 B1 AUD PLAT #1 BEG NW COR L1 ELY ALG N LI L1 100FT SLY P/W W LI L1 198FT WLY P/W N
Legal Range	021
Legal Township	110
Legal Section	36
Legal Subdivision	AUD PLAT #1 36-110-21
Legal Block	1
Legal Lot Number	1
Jurisdiction	RICE MN
Township / Civil Division	FARIBAULT
Census Block Group	1
Census Block	1035
Census Tract	70901

Owner

1017 7th St NW, a residential property, is owned by a company that bought it in April 2024.

Source: Rice County records, as of June 8, 2026

Owner of Record	Company Name on File
Mailing Address	771 INDIAN TRL S, AFTON, MN 55001-9704
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
May 2, 2024	Warranty Deed, Transfer · Line of Credit LIVE OAK BANKING COMPANY
Sep 9, 2021	Warranty Deed, Transfer · Commercial Mortgage BYLINE BANK
Aug 2, 2017	Loan Modification, Mortgage · Conventional Mortgage STATE BK/FARIBAULT
Jun 19, 2017	Loan Modification, Mortgage · Conventional Mortgage STATE BK/FARIBAULT

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 30, 2024 · Amount on File
Deed Sale	Apr 30, 2024 · Amount on File
Prior Sale	Sep 9, 2021 · Amount on File
Deed Document Number	20241644134
Record Updated	Sep 20, 2026

May 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RICE MN
Recording Date	May 2, 2024
Property Address	1017 7TH ST NW, FARIBAULT, MN 55021-4724
Document Number	000A767111
Map Reference	MB 2 PG 16
Instrument Date	Apr 30, 2024
Instrument	A767111
Transaction Type	Transfer
Record Updated	May 17, 2024
Title Company	LAND TITLE CORPORATION, LAND TITLE INC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$7,606.50
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	771 INDIAN TRL S, AFTON, MN 55001-9704

Mortgage

Document Number	000A767112
Date	May 2, 2024
Instrument	A767112

Lender

Name	LIVE OAK BANKING COMPANY
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	300 Months
Due	Apr 30, 2049

September 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RICE MN
Recording Date	Sep 9, 2021
Property Address	1017 7TH ST NW, FARIBAULT, MN 55021-4724
Document Number	000A743560
Instrument Date	May 27, 2021
Instrument	A743560
Transaction Type	Transfer
Record Updated	Sep 22, 2021

Transaction

Amount	Amount on Record
Tax	$990.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1225 TOWER AVE STE 228, 228, SUPERIOR, WI 54880-1546

Mortgage

Document Number	000A743561
Date	Sep 9, 2021
Instrument	A743561

Lender

Name	BYLINE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	296 Months
Due	May 28, 2046

August 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	RICE MN
Property Address	1017 7TH ST NW, FARIBAULT, MN 55021-4724
Document Number	0000700262
Instrument Date	Aug 2, 2017
Transaction Type	Mortgage
Record Updated	Aug 24, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife

Mortgage

Document Number	0000700262
Date	Aug 21, 2017
Instrument	700262

Lender

Name	STATE BK/FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	120 Months
Due	Aug 20, 2027

Interest

Rate Type	Fixed Rate
Rate	6%

June 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	RICE MN
Property Address	1017 7TH ST NW, FARIBAULT, MN 55021-4724
Document Number	0000698835
Instrument Date	Jun 19, 2017
Transaction Type	Mortgage
Record Updated	Aug 24, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife

Mortgage

Document Number	0000698835
Date	Jun 29, 2017
Instrument	698835

Lender

Name	STATE BK/FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	60 Months
Due	Jun 28, 2022

Interest

Rate Type	Adjustable Rate
Rate	5.5%

Tax Assessment & Valuation

The 2026 property tax bill for 1017 7th St NW was $6,350.

Source: Rice County assessment roll, as of June 8, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Rice County
Municipality	Faribault City
Unified School District	Faribault Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$6,350.00	$428,500 (+5.52%) Land $85,200 Building $343,300	$428,500 (+5.52%) Land $85,200 Building $343,300
2025		$406,100 (+13.25%) Land $72,700 Building $333,400	$406,100 (+13.25%) Land $72,700 Building $333,400
2024	$5,292.00 (+22.1%)	$358,600 (-) Land $65,500 Building $293,100	$358,600 (-) Land $65,500 Building $293,100
2023	$4,334.00	$358,600 Land $65,500 Building $293,100	$358,600 Land $65,500 Building $293,100

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 1017 7th St NW in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2010.

Source: FEMA National Flood Hazard Layer, effective April 14, 2022 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force
Nearby Flood Claims	1 (2010)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Sep 2010 · Severe Storms And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1017 7th St NW is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 89% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 293 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20

May also be available: Fidium Fiber, T-Mobile, Verizon.

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