941 Rice St

1,717 Sq. Ft.
$189 / Sq. Ft.
1,717
Sq. Ft.
$189
per Sq. Ft.

Description

Well-maintained side-by-side townhome with NO HOA fees offering comfortable, low-maintenance living with no HOA restrictions. This home features vaulted ceilings, an open floor plan, and a cozy gas fireplace. The property backs up to a nature center, providing privacy and frequent wildlife views, including deer. Main-level living includes two bedrooms, two bathrooms, and laundry all on the main floor. The lower level offers a private bedroom and ¾ bath, while the unfinished space provides endless...Well-maintained side-by-side townhome with NO HOA fees offering comfortable, low-maintenance living with no HOA restrictions. This home features vaulted ceilings, an open floor plan, and a cozy gas fireplace. The property backs up to a nature center, providing privacy and frequent wildlife views, including deer. Main-level living includes two bedrooms, two bathrooms, and laundry all on the main floor. The lower level offers a private bedroom and ¾ bath, while the unfinished space provides endless possibilities—storage, hobby area, or future living space. The home has seen numerous updates, including new hardware on all kitchen and bath cabinets. Recent improvements include:
• 2025: New water softener (Nov), new tub and shower faucetry
• 2024: New garage door opener, Heat tape added to roof, new egress window well in the lower level, new primary bedroom carpet, new primary bath countertop and faucetry
• 2023: New microwave and range (induction, convection, air fryer)
• 2022: New refrigerator
A thoughtfully updated, move-in-ready home in a peaceful setting with no association restrictions.
  1. Listed by Keller Williams Preferred Rlty

Property Details for 941 Rice Street

Subdivision Name
River Trail 2nd Add
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 01/26/2026 08:08 AM

Property Details for 941 Rice Street

StatusActive
MLS #7012710
Days on Compass2
Taxes$3,262 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Townhouse Side x Side
Year Built2002
Lot Size0.18 AC / 7,623 SF
CountyRice County

Location

Listing Courtesy of Keller Williams Preferred Rlty
Add your commute

Building Information for 941 Rice Street

Stories-Residences-Year Built2002Lot Size0.18 AC / 7,623 SF

Payment Calculator

$1,856 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,584

Property Taxes

$272

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 941 Rice Street

Summary
Location and General Information
  • City Name: Faribault
  • County Or Parish: Rice
  • County: Rice-MN
  • Directions: I35 to MN-21 S - Take exit 59 from I35 S. Continue on Lyndale Ave N. E on Division to Willow. S on Willow to River Trail Ln. Left on River Trail Ln to Rice St. Right on Rice St.
  • Latitude: 44.280333
  • Longitude: -93.270347
  • Map Coordinate: 999-A1
  • City and Location: Faribault
  • City and Location Text: Faribault(MN)
  • Postal Code: 55021
  • State Or Province: MN
  • Public Survey Township: 109
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 1806129024
  • Tax Annual Amount: $3,262.00
  • Tax Legal Description: LOT 4 BLOCK 2 OF RIVER TRAIL 2ND ADD
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 3262
School Information
  • High School District: 2145 - Faribault
  • School District Number: 2145
  • School District Phone: 5073336016
Property
Lot Information
  • Above Grade Fin SQFT: 1516.0
  • Below Grade Fin SQFT: 201.0
  • SQFT Total: 1717.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.175
  • Lot Size Dimensions: 60 x 131.75 x 60.84 x 121.68
  • Lot Size Units: Acres
  • Other Structures: Storage Shed
  • Present Use: Yearly
  • Property Attached: Yes
  • Property Sub Type: Townhouse Side x Side
  • Property Type: Residential
  • SQFT Main Total: 1516
  • Above Grade SqFt Total: 1516
  • Below Grade SqFt Total: 1515
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1516.0
  • Fuel: Natural Gas
  • Roof: Age Over 8 Years, Asphalt
  • Patio Porch Type: Covered,Patio
Interior Features
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
  • Basement Type: Full, Partially Finished
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Count: 3
  • Bedrooms Total: 3
  • Fireplace Features: Gas
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Informal Dining Room
  • Garage Dimensions: 24 x 24
  • Garage Square Feet: 576
  • Heating: Forced Air
  • Laundry Features: Main Level
  • Levels: One
  • Room List: Bathroom, Dining Room, Bedroom, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Bedroom 2, Bedroom 3, Walk-In Closet
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 5 x 11
  • Room Level: Main
  • Room Type: Bathroom
Room 2
  • Room Dimensions: 7 x 11
  • Room Level: Lower
  • Room Type: Bathroom
Room 3
  • Room Dimensions: 10 x 11
  • Room Level: Main
  • Room Type: Dining Room
Room 4
  • Room Dimensions: 14 x 15
  • Room Level: Main
  • Room Type: Bedroom
Room 5
  • Room Dimensions: 7 x 12
  • Room Level: Main
  • Room Type: Foyer
Room 6
  • Room Dimensions: 12 x 17
  • Room Level: Main
  • Room Type: Kitchen
Room 7
  • Room Dimensions: 6 x 8
  • Room Level: Main
  • Room Type: Laundry
Room 8
  • Room Dimensions: 15 x 21
  • Room Level: Main
  • Room Type: Living Room
Room 9
  • Room Dimensions: 8 x 12
  • Room Level: Main
  • Room Type: Primary Bathroom
Room 10
  • Room Dimensions: 11 x 15
  • Room Level: Main
  • Room Type: Bedroom 2
Room 11
  • Room Dimensions: 10 x 12
  • Room Level: Lower
  • Room Type: Bedroom 3
Room 12
  • Room Dimensions: 5 x 7
  • Room Level: Main
  • Room Type: Walk-In Closet

Property History for 941 Rice Street

DateEvent & SourcePriceAppreciation
Jan 26, 2026

Listed (Active)

NorthStar #7012710

$325,000
Sep 15, 2025

Off Market

NorthStar #6685622

Apr 17, 2025

Off Market

NorthStar #6685622

Mar 31, 2025

In Contract

NorthStar #6685622

Mar 14, 2025

Listed (Active)

NorthStar #6685622

$325,000
Sep 15, 2022

Sold (Public Record)

Public Record #1497633324

$298,400

+5.7% / yr

Sep 15, 2022

Sold

NorthStar #6222868

$298,400
Aug 1, 2022

Pending

NorthStar #6222868

Jul 26, 2022

In Contract

NorthStar #6222868

Jun 16, 2022

Listed (Active)

NorthStar #6222868

$314,900
Jun 29, 2012

Sold (Public Record)

Public Record #426292626

$170,000
DateEvent & SourcePrice
01/26/2026

Listed (Active)

NorthStar #7012710

$325,000
09/15/2025

Off Market

NorthStar #6685622

04/17/2025

Off Market

NorthStar #6685622

03/31/2025

In Contract

NorthStar #6685622

03/14/2025

Listed (Active)

NorthStar #6685622

$325,000
09/15/2022

Sold (Public Record)

Public Record #1497633324

$298,400

+5.7% / yr

09/15/2022

Sold

NorthStar #6222868

$298,400
08/01/2022

Pending

NorthStar #6222868

07/26/2022

In Contract

NorthStar #6222868

06/16/2022

Listed (Active)

NorthStar #6222868

$314,900
06/29/2012

Sold (Public Record)

Public Record #426292626

$170,000

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

Public Records for 941 Rice Street

Taxable ValueLand$42,500Additions$253,300Total$295,800
Tax Record2025$3,262 ($272 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,743 SqFtAbove Grade Finished SqFt1,531 SqFtFinished Basement SqFt212 SqFtStories1Lot Size7,656 SqFtStyleTownhouseYear Built2002CountyRICEAPN18.06.1.29.024Fireplace TypeHas Fireplace

Schools near 941 Rice Street

This home is within Faribault Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Roosevelt 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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941 Rice Street is a townhouse for sale in Faribault, MN 55021. This property was listed for sale on January 26, 2026 by Keller Williams Preferred Rlty, it's currently listed at $325,000. It has been on the market for a total of 2 days and was last sold on September 15, 2022. This listing's school district is Faribault Public School District. Nearby schools include Roosevelt Elementary School, Faribault Middle School and Faribault Senior High School. 941 Rice Street is a 3-bed, 3-bath, 1,717 sqft townhouse built in 2002.

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 Keller Williams Preferred Rlty

Based on information submitted to the MLS GRID as of 01/26/2026 08:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.