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31 3rd St NE, Faribault, MN 55021 Property Records

Rice County property record for 31 3rd St NE, Faribault, MN 55021

Property Summary

Property TypeApartments (5+ Units)
Details5,200 sqft · built 1880
OwnerCompany Name on File
Last Sale$152,876 (Dec 2013)
Tax Bill$3,464 (2026)
Deeds & MortgagesMar 2020 Loan Modification
Flood ZoneZone X (minimal risk)
APN18.31.1.77.002

Property Details

APN / Parcel Number

Primary APN18.31.1.77.002

Interior

Stories1 Story
Building Area5,200 sqft Gross Area

Exterior

Year BuiltBuilt 1880
Effective Year BuiltEffective 1880

Location & Zoning

Street Address31 3RD ST NE
CityFARIBAULT
StateMN
Zip55021-5205
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionLOT B OF REGISTERED LAND SURVEY #10 TR B REGISTERED LD SUR #10
Legal SubdivisionREGISTERED LAND SURVEY #10
Legal TractB
Legal Lot NumberB
JurisdictionRICE MN
Township / Civil DivisionFARIBAULT
Census Block Group3
Census Block3016
Census Tract70702

Owner

31 3rd St NE, a residential property, is owned by a company that bought it in December 2013.

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

Owner of RecordCompany Name on File
Mailing Address303 1ST AVE NE, 110, FARIBAULT, MN 55021-5373
Owner TypeCompany
VestingCompany

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

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 31, 2013 · Amount on File
Deed SaleDec 31, 2013 · Amount on File
Deed Document Number201356259
Record UpdatedSep 20, 2026

March 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionRICE MN
Property Address31 3RD ST NE, FARIBAULT, MN 55021-5245
Document Number0000058133
Instrument DateMar 6, 2020
Transaction TypeMortgage
Record UpdatedJun 15, 2020
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address205 WATER ST S NORTHFIELD MN 550571758, NORTHFIELD, MN 55057-1758

Mortgage

Document Number0000058133
DateMar 13, 2020
Instrument58133
Lender
NameCOMMUNITY RESOURCE BK
TypeBank
AddressNORTHFIELD, MN 55057
Agreement
AmountAmount on Record
Term60 Months
DueMar 12, 2025

Tax Assessment & Valuation

The 2026 property tax bill for 31 3rd St NE was $3,464.

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

Property Jurisdictions

TypeName
StateMinnesota
CountyRice County
MunicipalityFaribault City
Unified School DistrictFaribault Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$3,464.00$230,300 (-0.22%) Building $230,300$230,300 (-0.22%) Building $230,300
2025$230,800 (+10.64%) Building $230,800$230,800 (+10.64%) Building $230,800
2024$2,980.00 (-4.06%)$208,600 (-) Building $208,600$208,600 (-) Building $208,600
2023$3,106.00$208,600 Building $208,600$208,600 Building $208,600

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 31 3rd St NE in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective April 14, 2022

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 31 3rd St NE is low, with a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 80% of the US · lower than 60% of Minnesota
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

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 SystemFaribault
serves 23,718 people · EPA ID MN1660002
Water SourceGroundwater
Last State InspectionNov 2025
Lead19 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 245 locations within half a mile, as of December 31, 2025

ProviderMax 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

May also be available: Fidium Fiber.

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