NOT LISTED FOR SALE

1029 1029 Capitol Heights Ct Fairmont, MN 56031

Estimated Value: $297,774 - $334,000

3 Beds
2 Baths
2,237 Sq Ft
$141/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $275,000 $123 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,024/month

13 Days on Market

Highlights

  • Reverse Osmosis System
  • Deck
  • Wood Flooring
  • Open Floorplan
  • Vaulted Ceiling
  • Cul-De-Sac

About This Home

As of June 2023

Spacious 3 bedroom, 2 bathroom home located off of Shoreacres Drive on a quiet cul de sac lot. The kitchen greets you on the upper level of the home and features custom maple cabinetry, center island, open shelving, and coffee bar/pantry area. New dishwasher was installed in 2023. Open-concept dining and living room features neutral-toned engineered hardwoods, installed in 2020. Large living room windows allow natural light to pour into the space. Enjoy access to the cozy and private backyard featuring established peony bushes and native perennials, chicken coop, and farm field views. 3 same-floor bedrooms, a bonus office room, and full bathroom complete this level. Lower level includes family room, ¾ bathroom, and a bonus room that can be converted to a bedroom with the addition of an egress window. There is even more opportunity to add value to the home by finishing off the large storage room on the lower level. Schedule your showing today!

Last Agent to Sell the Property

Barry Cavalancia

REALTY EXECUTIVES ASSOCIATES License #20010618 Listed on: 04/26/2023

REALTY EXECUTIVES ASSOCIATES

Co-Listed By

Leah Nathe

Edina Realty Inc. Mankato License #40817769

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,007

Year Built

  • Built in 1974

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Landscaped with Trees

Home Design

  • Bi-Level Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction
  • Stone Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 231330080

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,007

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Vaulted Ceilings, Walk-In Closet, Smoke Alarms (L)
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.26
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1717
  • L V T Date: 04/26/2023
  • Mechanicals: Water Heater-Electric, Water Osmosis System, Water Softener-Owned
  • Parcel Number: 231330080
  • Stories: Bi-Level Split
  • Street Designation: Court
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Open Floor Plan
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 14x20, On Level: Upper
  • Room 2: Dining Room, 20x11, On Level: Upper
  • Room 3: Living Room, 17x18, On Level: Upper
  • Room 4: Deck, 15x12, On Level: Main
  • Room 5: Master Bedroom, 17x17, On Level: Upper
  • Room 6: Bedroom, 10x11, On Level: Upper
  • Room 7: 11x6, On Level: Upper
  • Room 8: Den/Office, 11x13, On Level: Upper
  • Room 9: Family Room, 37x10, On Level: Lower
  • Room 10: Bedroom, 8x10, On Level: Upper
  • Room 11: Bathroom, 11x5, On Level: Lower
  • Basement Features: Egress Windows, Finished, Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1717
  • Below Grade Finished Sq Ft: 520
  • Tot Above Grade Sq Ft: 1717
  • Total Fin Square Footage: 2237
  • Total Square Footage: 3434
  • Tot Below Grade Sq Ft: 1717

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Cement Board, Stone
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Square Footage: 440

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 46 x 136 x 160 x 115 ft
  • Lot/Land Description: Cul De Sac, Tree Coverage - Medium

Building Info

  • Year Built: 1974

Tax Info

  • Year: 2023
  • Tax Value: 4007

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 19, 2023
Sold by
Moreno-Vallette Heriberto and Moreno Leah
Bought by
Faber Jeanna
Seller's Agent
Barry Cavalancia
REALTY EXECUTIVES ASSOCIATES
Buyer's Agent
Non Member
Non-Member
List Price
$277,000
Sold Price
$275,000
Premium/Discount to List
-$2,000
-0.72%
Views
18
Current Estimated Value
$323,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,080
Avg. Annual Appreciation
5.72%
Original Mortgage
$273,000
Outstanding Balance
$265,700
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$50,494

Purchase Details

Closed on
Mar 2, 2020
Sold by
Schrad Alice and Estate Of Dennis Turner
Bought by
Moreno Vallette Heriberto and Moreno Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Faber Jeanna $275,000 --
Moreno Vallette Heriberto $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faber Jeanna $273,000
Previous Owner Moreno Vallette Heriberto $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2023 06/21/23 Sold $275,000 -0.7% $123 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $277,000 +0.7% $124 / Sq Ft
04/26/2023 04/26/23 Off Market $275,000 -- --
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 $3,914 $302,400 $22,400 $280,000
2024 $3,912 $302,400 $22,400 $280,000
2023 $4,076 $311,000 $21,600 $289,400
2022 $3,524 $302,200 $22,300 $279,900
2021 $3,368 $249,500 $23,300 $226,200
2020 $3,490 $249,600 $23,300 $226,300
2019 $2,872 $234,800 $21,900 $212,900
2018 $3,176 $227,500 $21,200 $206,300
2017 $2,744 $194,800 $18,208 $176,592
2016 $2,384 $175,000 $17,527 $157,473
2015 $1,645 $134,400 $13,909 $120,491
2013 $1,787 $124,700 $13,678 $111,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7032161

REALTOR® Association of Southern Minnesota

APN: 231330080