118 Cedar St Fairmont, MN 56031
Estimated Value: $146,000
2
Beds
2
Baths
1,240
Sq Ft
$118/Sq Ft
Est. Value
About This Home
This home is located at 118 Cedar St, Fairmont, MN 56031 and is currently estimated at $146,000, approximately $117 per square foot. 118 Cedar 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
Aug 12, 2021
Sold by
Hested Timothy R and Hested Tammie S
Bought by
Hested Timothy R and Hested Tammie S
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$98,887
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$47,113
Purchase Details
Closed on
Nov 30, 2012
Sold by
Bank Midwest Minnesota Iowa Na
Bought by
Hested Timothy R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hested Timothy R | -- | Jenkinson Abstract | |
| Hested Timothy R | $5,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hested Timothy R | $108,750 |
Source: Public Records
Tax History Compared to Growth
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 | $992 | $68,500 | $11,600 | $56,900 |
| 2024 | $606 | $68,500 | $11,600 | $56,900 |
| 2023 | $648 | $42,300 | $10,300 | $32,000 |
| 2022 | $604 | $42,400 | $12,200 | $30,200 |
| 2021 | $540 | $36,600 | $12,500 | $24,100 |
| 2020 | $358 | $33,800 | $12,500 | $21,300 |
| 2019 | $486 | $30,700 | $11,300 | $19,400 |
| 2018 | $512 | $30,400 | $11,200 | $19,200 |
| 2017 | $460 | $28,800 | $10,600 | $18,200 |
| 2016 | $414 | $26,600 | $9,600 | $17,000 |
| 2015 | $333 | $28,000 | $10,100 | $17,900 |
| 2013 | $235 | $15,200 | $5,446 | $9,754 |
Source: Public Records
Map
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