NOT LISTED FOR SALE

1117 N Main St Fairmont, MN 56031

Estimated Value: $165,000 - $401,015

3 Beds
1 Bath
1,554 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 1117 N Main St, Fairmont, MN 56031 and is currently estimated at $323,504, approximately $208 per square foot. 1117 N Main St is a home with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. Paul Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Hackett Claude E and Hackett Judy A
Bought by
Cyphers Lucas and Cyphers Sara
Current Estimated Value
$323,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$127,772
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$195,732
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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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.

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Average Value
Not Available
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
Cyphers Lucas $370,000 Abstract Jenkinson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cyphers Lucas $21,290
Open Cyphers Lucas $296,000
Previous Owner Hackett Claude E $100,000
Previous Owner Hackett Claude E $160,000
Previous Owner Hackett Claude E $110,000
Source: Public Records

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 $5,420 $408,200 $195,000 $213,200
2024 $4,950 $401,200 $195,000 $206,200
2023 $3,406 $378,300 $165,000 $213,300
2022 $3,630 $252,600 $70,300 $182,300
2021 $3,128 $220,900 $70,300 $150,600
2020 $3,244 $195,100 $70,300 $124,800
2019 $3,230 $193,900 $70,300 $123,600
2018 $3,476 $204,100 $70,300 $133,800
2017 $2,808 $162,200 $62,310 $99,890
2016 $2,960 $179,500 $73,317 $106,183
2015 $2,221 $183,400 $73,577 $109,823
2013 $2,651 $188,100 $73,893 $114,207
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

1117 N Main St, Fairmont, MN

This home is located at 1117 N Main St, Fairmont, MN 56031 and is currently estimated at $323,504, approximately $208 per square foot. 1117 N Main St is a home with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. Paul Lutheran School.

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