1022 3rd St SW

Faribault, MN 55021

$355,000
Price
6
Beds
3,118 Sq. Ft.
$114 / Sq. Ft.
3,118
Sq. Ft.
$114
per Sq. Ft.

Description

Discover this exceptional six-bedroom rambler offering three beautifully remodeled bathrooms. This spacious home blends comfort, style, and functionality. The open-concept kitchen features abundant counter space and flows seamlessly into the huge dining room-perfect for gatherings and entertaining. Enjoy an inviting living room with a big bay window. There are 3 bedrooms on the main level with laundry and 3 bedrooms on the lower level with another laundry area and lots of storage. The family room...Discover this exceptional six-bedroom rambler offering three beautifully remodeled bathrooms. This spacious home blends comfort, style, and functionality. The open-concept kitchen features abundant counter space and flows seamlessly into the huge dining room-perfect for gatherings and entertaining. Enjoy an inviting living room with a big bay window. There are 3 bedrooms on the main level with laundry and 3 bedrooms on the lower level with another laundry area and lots of storage. The family room has it's own fireplace for added warmth and charm. This sprawling rambler is such a well-maintained and solid home! All windows on the main level have been replaced and there are 3 new egress windows in the basement. AC and furnace were replaced in 2022. There is a new & updated electrical box from 2023. Newer roof replaced in 2019

The fully fenced backyard provides privacy and room to relax, complete with a welcoming patio and pergola ideal for outdoor dining or summer evenings. A heated, two-stall garage adds year-round convenience. With thoughtful updates, generous living areas, and a prime location, this rambler is a rare find offering space, versatility, and timeless appeal.
  1. Listed by Edina Realty, Inc.

Property Details for 1022 3rd Street Southwest

Subdivision Name
St Sub
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 12/22/2025 03:36 PM

Property Details for 1022 3rd Street Southwest

StatusActive
MLS #6814508
Days on Compass1
Taxes$3,606 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1962
Lot Size0.38 AC / 16,552 SF
CountyRice County

Location

Listing Courtesy of Edina Realty, Inc.
Add your commute

Building Information for 1022 3rd Street Southwest

Stories-Year Built1962Building Size-Lot Size0.38 AC / 16,552 SF

Payment Calculator

$2,055 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,754

Property Taxes

$301

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1022 3rd Street Southwest

Summary
Location and General Information
  • City Name: Faribault
  • County Or Parish: Rice
  • County: Rice-MN
  • Directions: Hwy 21 S, turn right on Division Str, right on Prairie Ave SW, left on 3rd Str, home on left
  • Latitude: 44.287606
  • Longitude: -93.285077
  • Map Coordinate: 999-A1
  • City and Location: Faribault
  • City and Location Text: Faribault(MN)
  • Postal Code: 55021
  • State Or Province: MN
  • Public Survey Township: 110
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 1836400011
  • Tax Annual Amount: $3,606.00
  • Tax Legal Description: W90FT N185FT L34 ST SUB SE4
  • Tax Other Annual Assessment Amount: $40.00
  • Tax Year: 2025
  • Tax With Assessments: 3646
School Information
  • High School District: 2145 - Faribault
  • School District Number: 2145
  • School District Phone: 5073336016
Property
Lot Information
  • Above Grade Fin SQFT: 2148.0
  • Below Grade Fin SQFT: 970.0
  • SQFT Total: 3118.0
  • Living Area Units: Square Feet
  • Lot Features: Tree Coverage - Medium
  • Lot Size Area: 0.38
  • Lot Size Dimensions: 90.00 x 185.00
  • Lot Size Units: Acres
  • Other Structures: Storage Shed
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 2148
  • Above Grade SqFt Total: 2148
  • Below Grade SqFt Total: 1293
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Grab Bars In Bathroom, Other
  • Fencing: Wood
  • Foundation Area: 1293.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less
  • Patio Porch Type: Patio
Interior Features
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Water Filtration System, Water Osmosis System, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Basement Type: Egress Window(s), Finished
  • Amenities Unit: Cable,Ceiling Fan(s),Kitchen Window,Patio,Porch,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup
  • Bath Desc: 1/2 Primary,Private Primary,Main Floor 3/4 Bath,Walk-In Shower Stall
  • Bathrooms Full: 0
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Count: 3
  • Bedrooms Total: 6
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Fireplaces Total: 2
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Breakfast Bar,Eat In Kitchen
  • DP Resource: Yes
  • Garage Door Height: 8
  • Garage Square Feet: 528
  • Heating: Forced Air
  • Laundry Features: In Basement, Main Level
  • Levels: One
  • Room List: Dining Room, Family Room, Bedroom 5, Bedroom, Bedroom 4, Kitchen, Living Room, Porch, Bedroom 2, Bedroom 6, Bedroom 3
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 25 x 16
  • Room Level: Main
  • Room Type: Dining Room
Room 2
  • Room Dimensions: 29 x 14
  • Room Level: Lower
  • Room Type: Family Room
Room 3
  • Room Dimensions: 20 x 15
  • Room Level: Lower
  • Room Type: Bedroom 5
Room 4
  • Room Dimensions: 14 x 12
  • Room Level: Main
  • Room Type: Bedroom
Room 5
  • Room Dimensions: 18 x 14
  • Room Level: Lower
  • Room Type: Bedroom 4
Room 6
  • Room Dimensions: 11 x 12
  • Room Level: Main
  • Room Type: Kitchen
Room 7
  • Room Dimensions: 18 x 13
  • Room Level: Main
  • Room Type: Living Room
Room 8
  • Room Dimensions: 11 x 9
  • Room Level: Main
  • Room Type: Porch
Room 9
  • Room Dimensions: 15 x 12
  • Room Level: Main
  • Room Type: Bedroom 2
Room 10
  • Room Dimensions: 16 x 15
  • Room Level: Lower
  • Room Type: Bedroom 6
Room 11
  • Room Dimensions: 15 x 12
  • Room Level: Main
  • Room Type: Bedroom 3

Property History for 1022 3rd Street Southwest

DateEvent & SourcePriceAppreciation
Dec 18, 2025

Price Change

NorthStar #6814508

$355,000—
Nov 14, 2025

Price Change

NorthStar #6814508

$365,000—
Nov 14, 2025

Listed (Active)

NorthStar #6814508

—
Apr 21, 2017

Sold (Public Record)

Public Record #601928953

$189,900—
Jul 4, 2007

Sold (Public Record)

Public Record #426277494

$189,900—
DateEvent & SourcePrice
12/18/2025

Price Change

NorthStar #6814508

$355,000
11/14/2025

Price Change

NorthStar #6814508

$365,000
11/14/2025

Listed (Active)

NorthStar #6814508

—
04/21/2017

Sold (Public Record)

Public Record #601928953

$189,900
07/04/2007

Sold (Public Record)

Public Record #426277494

$189,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1022 3rd Street Southwest

Taxable ValueLand$65,700Additions$246,500Total$312,200
Tax Record2025$3,646 ($304 / month)
Home Facts
Beds2Baths2Total Finished SqFt2,356 SqFtAbove Grade Finished SqFt1,620 SqFtFinished Basement SqFt736 SqFtStories1Lot Size16,650 SqFtStyleSingle Family ResidenceYear Built1962CountyRICEAPN18.36.4.00.011Fireplace TypeHas Fireplace

Schools near 1022 3rd Street Southwest

This home is within Faribault Public School District.
Rating
School
Type
Grades
Distance
Jefferson Elementary School
Public - PK to 5
Faribault Middle School
Public - 6 to 8
Faribault Senior High School
Public - 9 to 12
Falcons Online Academy-Elementary
Public - K to 5
Rating
School
Distance
Jefferson Elementary School
PublicPK to 5

Faribault Middle School
Public6 to 8

Faribault Senior High School
Public9 to 12

Falcons Online Academy-Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1022 3rd Street Southwest, Faribault, MN 55021

1022 3rd Street Southwest is a single family home for sale in Faribault, MN 55021. This property was listed for sale on November 14, 2025 by Edina Realty, Inc., it's currently listed at $355,000. It has been on the market for a total of 1 days and was last sold on April 21, 2017. This listing's school district is Faribault Public School District. Nearby schools include Jefferson Elementary School, Faribault Middle School and Faribault Senior High School. 1022 3rd Street Southwest is a 6-bed, 3-bath, 3,118 sqft single family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Edina Realty, Inc.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 04:31 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.