101 Albion Ave Unit 105 Fairmont, MN 56031
2
Beds
1
Bath
1,011
Sq Ft
$270/mo
HOA Fee
Highlights
- Lake View
- Stainless Steel Appliances
- Patio
- Elevator
- 1 Car Attached Garage
- 1-minute walk to Wards Park
About This Home
As of March 2025Charming Lake view Condo with Modern Updates and Prime LocationStep into this beautifully updated one-level condominium and enjoy low-maintenance living with stunning lake views. This 2-bedroom, 3/4 bath home offers an inviting open layout and a host of recent upgrades, including newer stainless steel appliances, sleek Quartz countertops, cherry wood cabinets in the kitchen, new carpet, and a newly installed oak patio door.Stay comfortable year-round with zoned heating for personalized efficiency, and enjoy the convenience of a new garbage disposal and ceiling fans. Relax on your patio as you take in the serene lake view or watch vibrant 4th of July fireworks and local parades right from your home.Ideally located close to downtown, this property puts you within walking distance of local shops, dining, and entertainment. Don’t miss this opportunity to own a modern, move-in-ready home with unbeatable charm and location!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,412
Year Built
- Built in 1993
HOA Fees
- $270 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Common or Shared Parking
- Garage Door Opener
- Assigned Parking
Interior Spaces
- 1,011 Sq Ft Home
- 1-Story Property
- Lake Views
Kitchen
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Patio
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 233020050
Community Details
Overview
- Association fees include maintenance structure, lawn care, ground maintenance, parking, trash, security, shared amenities, snow removal
- Albion Place North Condominium Association, Phone Number (507) 236-1535
- Low-Rise Condominium
- Albion Place North Condos Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2025
Closed on
Feb 26, 2025
Sold by
Martens Family Trust and Martens Dale W
Bought by
Rasmussen Sharon
Seller's Agent
Rene Waletich
RE/MAX TOTAL REALTY
Buyer's Agent
Haley Green
RE/MAX TOTAL REALTY
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%
Total Days on Market
12
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,085
Avg. Annual Appreciation
31.75%
Purchase Details
Closed on
Jul 12, 2022
Sold by
Norman and Paulette
Bought by
Martens Family Trust
Purchase Details
Closed on
Jul 26, 2021
Sold by
Murphy Daniel E and Estate Of Charlotte E Murphy
Bought by
Darryl Norman and Darryl Paulette Norman
Purchase Details
Closed on
Jun 5, 2014
Sold by
Betts Paul Paul
Bought by
Schaefer Ted Ted
Similar Home in Fairmont, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $163,000 | None Listed On Document | |
| Warranty Deed | $128,251 | None Listed On Document | |
| Survivorship Deed | $105,000 | None Available | |
| Deed | $85,500 | -- | |
| Deed | $105,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $163,000 | -1.2% | $161 / Sq Ft |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $165,000 | -- | $163 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,412 | $141,400 | $17,500 | $123,900 |
| 2023 | $661 | $128,000 | $12,500 | $115,500 |
| 2022 | $1,322 | $115,300 | $12,500 | $102,800 |
| 2021 | $1,026 | $87,100 | $12,500 | $74,600 |
| 2020 | $904 | $94,300 | $12,500 | $81,800 |
| 2019 | $786 | $83,400 | $12,500 | $70,900 |
| 2018 | $806 | $76,000 | $12,500 | $63,500 |
| 2017 | $946 | $60,400 | $8,426 | $51,974 |
| 2016 | $826 | $53,600 | $8,043 | $45,557 |
| 2015 | $639 | $48,900 | $7,737 | $41,163 |
| 2013 | $701 | $45,200 | $7,493 | $37,707 |
Source: Public Records
Agents Affiliated with this Home
-
Rene Waletich
Seller's Agent in 2025
Rene Waletich
RE/MAX
(507) 399-9609
25 in this area
46 Total Sales
-
Haley Green
H
Buyer's Agent in 2025
Haley Green
RE/MAX
(507) 235-5666
2 in this area
2 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6652651
APN: 233020050
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