NOT LISTED FOR SALE

1029 Capitol Heights Ct Fairmont, MN 56031

Estimated Value: $306,319 - $350,000

3 Beds
2 Baths
2,237 Sq Ft
$144/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

  • Deck
  • Home Office
  • 2 Car Attached Garage
  • No HOA
  • The kitchen features windows
  • Forced Air Heating and Cooling System

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, 3⁄4 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.

Last Agent to Sell the Property

Nick Nathe

Edina Realty, Inc. Brokerage Phone: 763-355-4477 Listed on: 04/26/2023

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,007

Year Built

  • Built in 1974

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 37 x 118 x 160 x 141

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Basement
  • Block Basement Construction
  • Dryer

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association
  • Heritage Park 1St Subdivision

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

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 1717
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 763-355-4477
  • Attribution Contact: 763-355-4477
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Water Osmosis System, Range, Refrigerator
  • Living Area: 2237
  • Fireplace: No
  • Below Grade Finished Sq Ft: 520
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Deck, Garage, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Office, Family Room, Other Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Fairmont Area Schools
  • SchoolDistrictPhone: 507-238-4234

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 37 x 118 x 160 x 141
  • Lot Size Sq Ft: 11194.92
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 231330080
  • Tax Annual Amount: 4007
  • TaxWithAssessments: 4076.0000

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
Nick Nathe
Edina Realty, Inc.
List Price
$277,000
Sold Price
$275,000
Premium/Discount to List
-$2,000
-0.72%
Views
99
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
6.63%
Original Mortgage
$273,000
Outstanding Balance
$265,700
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$57,380

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 -- $124 / Sq Ft
Source: NorthstarMLS

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: NorthstarMLS

MLS Number: 6360931

NorthstarMLS

APN: 231330080