NOT LISTED FOR SALE

114 E 3rd St Fairmont, MN 56031

Estimated Value: $105,336

-- Bed
-- Bath
2,440 Sq Ft
$43/Sq Ft Est. Value

About This Home

This home is located at 114 E 3rd St, Fairmont, MN 56031 and is currently estimated at $105,336, approximately $43 per square foot. 114 E 3rd 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, 2025
Sold by
Olson Revocable Trust and Olson Glendon M
Bought by
Kingdom Properties Of Minnesota Llc
Current Estimated Value
$105,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Outstanding Balance
$81,635
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$23,701
Source: Public Records

Range of Values:

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.

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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

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.

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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
Kingdom Properties Of Minnesota Llc $105,000 The Title Team
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingdom Properties Of Minnesota Llc $84,000
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 $946 $50,000 $8,600 $41,400
2024 $848 $44,600 $8,600 $36,000
2023 $439 $41,700 $5,700 $36,000
2022 $878 $40,300 $5,700 $34,600
2021 $960 $34,700 $5,700 $29,000
2020 $950 $43,300 $5,700 $37,600
2019 $902 $41,200 $5,700 $35,500
2018 $0 $35,100 $7,600 $27,500
2017 $1,010 $36,200 $7,900 $28,300
2016 $884 $31,900 $7,900 $24,000
2015 $628 $31,600 $7,900 $23,700
2013 $86 $31,500 $6,400 $25,100
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

114 E 3rd St, Fairmont, MN

This home is located at 114 E 3rd St, Fairmont, MN 56031 and is currently estimated at $105,336, approximately $43 per square foot. 114 E 3rd St is a home with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. Paul Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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