NOT LISTED FOR SALE

1025 Shoreacres Dr Fairmont, MN 56031

Estimated Value: $277,000 - $354,000

3 Beds
2 Baths
1,193 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $274,000 $230 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,919/month

14 Days on Market

Highlights

  • 75 Feet of Waterfront
  • 1 Car Attached Garage
  • Tile Flooring
  • Deck
  • Eat-In Kitchen
  • 4-minute walk to Gomsrud Park

About This Home

As of June 2022

3 bedroom lake home with stainless steel appliance, tiled kitchen floor, large deck overlooking the lake, mature trees & room to expand in the unfinished basement.

Last Agent to Sell the Property

Shawna Wolfe

Keller Williams Premier Realty License #20215401 Listed on: 05/13/2022

Keller Williams Premier Realty

Last Buyer's Agent

Michelle Starkey

TRUE REAL ESTATE

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • 1949

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75x145
  • 75 Feet of Waterfront
  • Lake Front

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,193 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 231610040

Home Details

Home Type

Single Family

Year Built

1949

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Tiled Floors
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.3
  • Assessments: Yes
  • Foundation Size: 1193
  • L V T Date: 05/17/2022
  • Parcel Number: 231610040
  • Rental License: Yes
  • Stories: 1 Story
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, On Level: Main
  • Room 2: Kitchen, On Level: Main
  • Room 3: Bedroom, On Level: Main
  • Room 4: Bedroom, On Level: Main
  • Room 5: Bedroom, On Level: Main
  • Room 6: Bathroom, On Level: Main
  • Room 7: On Level: Lower
  • Room 8: Laundry Room, On Level: Lower
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1193
  • Tot Above Grade Sq Ft: 1193
  • Total Fin Square Footage: 1193
  • Total Square Footage: 2386
  • Tot Below Grade Sq Ft: 1193

Exterior Features

  • Frontage Road: City
  • Waterfront Name: Budd
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 75
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 75x145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2007
Sold by
Hasse Emil L
Bought by
Clow Shawn C and Meyer Christopher J
Current Estimated Value
$310,527
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clow Shawn C $133,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Clow Shawn C $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $274,000 -8.6% $230 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $299,900 -- $251 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

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
2025 $3,448 $279,300 $127,500 $151,800
2024 $3,188 $267,600 $97,500 $170,100
2023 $3,314 $265,200 $52,500 $212,700
2022 $3,318 $237,700 $52,500 $185,200
2021 $2,734 $222,500 $52,500 $170,000
2020 $2,902 $190,900 $52,500 $138,400
2019 $2,832 $194,500 $52,500 $142,000
2018 $2,894 $194,200 $37,500 $156,700
2017 $2,280 $163,300 $37,500 $125,800
2016 $2,272 $169,500 $37,500 $132,000
2015 $1,951 $163,600 $37,500 $126,100
2013 $2,171 $156,800 $37,500 $119,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7029820

REALTOR® Association of Southern Minnesota

APN: 231610040