NOT LISTED FOR SALE

116 E 1st St Fairmont, MN 56031

Estimated Value: $258,000 - $287,000

Studio
-- Bath
1,800 Sq Ft
$153/Sq Ft Est. Value

About This Home

This home is located at 116 E 1st St, Fairmont, MN 56031 and is currently estimated at $275,289, approximately $152 per square foot. 116 E 1st St is a home located in Martin County 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 20, 2024
Sold by
B & M Property Mgmt Llc
Bought by
Parra Rosendo Herman
Current Estimated Value
$275,289

Purchase Details

Closed on
Apr 1, 2021
Sold by
Cary & Apri Detiott Llc
Bought by
B & M Property Mgmt Llc

Purchase Details

Closed on
Jun 7, 2017
Sold by
Magnotta Anthony K and Magnotta Lisa Chapman
Bought by
Detloff Cary J and Detloff April K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 14, 2005
Sold by
Willner Douglas A and Willner Dawn D
Bought by
Magnotta Anthony K and Magnotta Lisa Chapman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
Parra Rosendo Herman $193,000 None Listed On Document
B & M Property Mgmt Llc $165,000 Jenkinson Abstract Company
Detloff Cary J $135,882 Jenkinson Abstract Co
Magnotta Anthony K $150,000 None Available
-- $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stott Dale $135,000
Previous Owner Detloff Cary J $140,000
Previous Owner Magnotta Anthony K $120,000
Closed -- $148,500
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 $3,442 $190,500 $8,000 $182,500
2024 $3,188 $168,500 $8,000 $160,500
2023 $3,292 $165,800 $5,300 $160,500
2022 $1,519 $159,000 $5,300 $153,700
2021 $2,988 $132,300 $5,300 $127,000
2020 $2,856 $139,200 $5,300 $133,900
2019 $2,770 $129,600 $5,300 $124,300
2018 $0 $142,800 $7,000 $135,800
2017 $3,622 $146,700 $7,300 $139,400
2016 $3,124 $122,800 $7,300 $115,500
2015 $2,364 $121,300 $7,300 $114,000
2013 $304 $65,700 $6,000 $59,700
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

116 E 1st St, Fairmont, MN

Not Listed for Sale

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