NEW 13 HRS AGO

For sale

$260,000

Est. $1,733/mo —

•

2,172

sq ft

503 1st St NW, Faribault, MN 55021

About this home

Welcome home to this spacious 4-bedroom, 2-bathroom two-story in Faribault! With plenty of room to spread out and some great updates already taken care of, this home is ready for its next owners. In 2026, the home received a brand-new forced-air furnace with ductwork, new central air, a new range and dishwasher, fresh flooring throughout, fresh paint, and spray foam insulation in the crawlspace and attic. Additional updates in 2017 include replacement windows. Outside, you'll love the fenced-in backyard with plenty of space to enjoy the outdoors, along with a large detached two-stall garage offering plenty of room for parking and storage. If you're looking for a home with space, updates, and a great yard, this one is worth a look!

Single-familyProperty Type

1900Year Built

0.28 acresLot Size

$120Price/Sq.Ft.

2 car garageParking

Listed by Kyle Furniss • Edina Realty, Inc.

Listing updated: Nov 9, 2026 at 02:26pm

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #7169699

Payment calculator

$1,733 per month

Principal and interest$1,382

Property taxes

$231

HOA dues

Home insurance

$119

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (7)

OPEN TODAY, 12PM TO 5PM
$427,425
6 beds3 baths2,392 sq ft
2021 Legacy Dr, Faribault, MN 55021
0.37 acre lot • 3 garage spots • Built 2026
OPEN WED, 11:30AM TO 1PM
$469,900
4 beds2 baths3,596 sq ft
404 3rd St NW, Faribault, MN 55021
0.31 acre lot • 2 garage spots • Built 1910
OPEN WED, 4PM TO 5:30PM
$624,900
3 beds2 baths1,984 sq ft
510 River Valley Ln, Dundas, MN 55019
0.24 acre lot • 3 garage spots • Built 2024
OPEN SAT, 9AM TO 1PM
$334,900
3 beds3 baths3,154 sq ft
2711 Village Dr, Faribault, MN 55021
$320 HOA • 2 garage spots • Built 2006
OPEN SAT, 11AM TO 12:30PM3D WALKTHROUGH
$219,900
2 beds2 baths1,289 sq ft
1020 1st St NW, Faribault, MN 55021
8,712 sq ft lot • Garage • Built 1875
OPEN SAT, 11:30AM TO 1PM
$399,900
2 beds2 baths1,460 sq ft
10991 Fox Ave, Northfield, MN 55057
0.93 acre lot • 3 garage spots • Built 1973
OPEN SUN, 12PM TO 1:30PM
$355,000
4 beds2 baths2,040 sq ft
1474 Aldrich Ct, Faribault, MN 55021
0.38 acre lot • 2 garage spots • Built 1966

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Around this home

Schools

K - 12
Preschool & daycare

Roosevelt Elementary School

Public PreK-5 • Assigned • 1.3mi

7/10

Faribault Middle School

Public 6-8 • Assigned • 1.4mi

2/10

Faribault Senior High School

Public 9-12 • Assigned • 0.5mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

503 1st St NW · $260,000

DAYS ON MARKET

The average home goes pending in 27 days.

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median sale price in this area is $344,288. (32% higher than this home)

PRICE DROP

25% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Main-floor mud room
Upper-level storage

Bedrooms
4 bedrooms: 1 on the main level and 3 on the upper level

Bathrooms
1 full bathroom on the main level
1 three-quarter bathroom on the upper level

Kitchen
Dishwasher
Gas water heater
Microwave
Range
Refrigerator
Owned water softener

Laundry & utility
Main-level laundry

Heating & cooling
Forced-air heating
Central air conditioning

Sale and tax history for 503 1st St NW

Sale History
Tax History

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #7169699

Nov 9, 2026

Listed

$260,000

$120/sq ft

NORTHSTARMLS as Distributed by MLS Grid #4443862

Apr 25, 2014

Sold

$44,000

$20/sq ft

Apr 21, 2014

Pending

—

Apr 9, 2014

Contingent

—

Mar 21, 2014

Price Changed

$49,900

$23/sq ft

Feb 27, 2014

Price Changed

$59,900

$28/sq ft

Feb 25, 2014

Listed

$62,400

$29/sq ft

Public Records

Sep 22, 2004

Sold

$153,000

$70/sq ft

NORTHSTARMLS as Distributed by MLS Grid #2264636

Jul 10, 2004

Listing Removed

—

Apr 27, 2004

Listed

$148,000

$68/sq ft

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Public record

Public record
Zoning

Beds

Baths

1.5

Stories

Lot width

12 ft.

Lot depth

10 ft.

Lot size

0.28 Acres

Year renovated

1900

Finished Sq. Ft.

2,077

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,077

Year built

1900

Style

Single Family Residential

County

Rice County

APN

1831126555

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

R-3

Medium Density Residential District

The R-3, Medium Density Residential District, is established to provide for an environment of predominantly medium density apartments and congregate living arrangements, and single and two-family dwellings, along with directly related, complementary uses. It is intended that where an R-3, Medium Density Residential District directly abuts a zoning district of higher or lower density, a transition from existing uses to new uses be provided. Such transition may be accomplished by a continuation of similar uses to the extent possible given allowable uses within the district, landscape buffering as provided in Chapter 4, or both, as required by the City in conjunction with plat approval.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Fire house
Police station
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Faribault, MN • 55021

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

93/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Faribault. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.2 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 503 1st St NW

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $255,000 and $299,900.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $255K to $300K.

SOLD OCT 23, 2026
$262,887 Last sold price
4 beds2 baths— sq ft
627 5th St NW, Faribault, MN 55021
smaller lot
15 years newer
basement
SOLD SEP 11, 2026
$270,000 Last sold price
3 beds2 baths— sq ft
727 2nd St NW, Faribault, MN 55021
smaller lot
basement
SOLD MAR 3, 2026
$255,500 Last sold price
3 beds2 baths— sq ft
314 8th Ave SW, Faribault, MN 55021
smaller lot
62 years newer
basement
SOLD JUL 28, 2026
$255,000 Last sold price
3 beds2 baths— sq ft
224 3rd Ave SW, Faribault, MN 55021
smaller lot
20 years older
basement
SOLD OCT 1, 2026
$275,000 Last sold price
3 beds2 baths— sq ft
907 Willow St S, Faribault, MN 55021
smaller lot
19 years newer
basement
SOLD FEB 27, 2026
$299,900 Last sold price
3 beds3 baths— sq ft
615 5th St NW, Faribault, MN 55021
smaller lot
12 years newer
basement

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OPEN SAT, 11AM TO 12:30PM3D WALKTHROUGH

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New listings for sale in 55021

NEW 13 HRS AGO

$260,000

4 beds2 baths2,172 sq ft

503 1st St NW, Faribault, MN 55021

Forced air furnace • New central air • New range

COMING SOON3D WALKTHROUGH

$240,000

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15 6th Ave SE, Faribault, MN 55021

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Newly remodeled home • Fresh paint • New bathrooms

OPEN SAT, 11AM TO 12:30PM3D WALKTHROUGH

$219,900

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1020 1st St NW, Faribault, MN 55021

Spacious front porch • New appliances • 8,712 sq ft lot

$360,000

3 beds3 baths2,503 sq ft

2245 198th St W, Faribault, MN 55021

Open concept design • Main level laundry • Freshly stained deck

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Private lakeshore • Stunning lake views • Easy lake access

Details provided by NORTHSTARMLS as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (7)

Interested in buying?

Around this home

Schools

Lifestyle

Market insights

Property details

Sale and tax history for 503 1st St NW

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 503 1st St NW

Early Access listings

Nearby similar homes

New listings for sale in 55021

More real estate resources