NOT LISTED FOR SALE

12 Elm Rd Fairmont, MN 56031

Estimated Value: $131,000 - $256,000

3 Beds
1.5 Baths
1,551 Sq Ft
$129/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $152,500 $98 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,221/month

261 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • Living Room

About This Home

As of July 2024

Just what you have been looking for, a cute farmhouse on a little over 7 acres of land. The main floor consists of a generous size family room with a wood burning fireplace, a living room, kitchen and formal dining room. It also has a bedroom with a 1/2 bath. The upstairs has 2 bedrooms, a craft/bonus room, and a full bath. The basement is not finished, but has a nice work/tool area, and an office. The acreage includes two outbuildings, and a lot of flat green space. Call today for your personal showing.

Last Agent to Sell the Property

Julie Liljenquist

Edina Realty Listed on: 09/24/2023

Edina Realty

Last Buyer's Agent

Michelle Koch

Edina Realty

Edina Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 1920

Lot Details

  • 7.22 Acre Lot
  • Lot Dimensions are 1456 x 1456

Parking

  • 2 Car Garage

Home Design

  • Flex

Interior Spaces

  • 1,551 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Unfinished Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030070800

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,161

Year Built

Built in 1920

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
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1551
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Unfinished
  • Appliances: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 1551
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Flex Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Block
  • Farm Type: Hobby

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 480

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - No
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s)

Schools

  • Junior High Dist: Granada-Huntley-East Chain
  • SchoolDistrictNumber: 2536
  • SchoolDistrictPhone: 507-447-2211

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1456 x 1456
  • Lot Size Sq Ft: 314503.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 030070800
  • Tax Annual Amount: 2161
  • TaxWithAssessments: 2214.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Jul 16, 2024
Sold by
Madsen Harvey L
Bought by
Black Roger and Baker Nita
Seller's Agent
Julie Liljenquist
Edina Realty
Buyer's Agent
Michelle Koch
Edina Realty
List Price
$249,900
Sold Price
$152,500
Premium/Discount to List
-$97,400
-38.98%
Views
509
Current Estimated Value
$199,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,983
Avg. Annual Appreciation
24.18%
Original Mortgage
$134,000
Outstanding Balance
$132,400
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$67,084

Purchase Details

Closed on
Dec 28, 2021
Sold by
Louise Madsen Nancy
Bought by
Madsen Harvey L
Source: Public Records

Range of Values:

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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
Black Roger $152,500 None Listed On Document
Madsen Harvey L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Roger $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $152,500 -10.3% $98 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $170,000 -15.0% $110 / Sq Ft
11/08/2023 11/08/23 Price Changed $199,900 -8.7% $129 / Sq Ft
10/17/2023 10/17/23 Price Changed $219,000 -12.4% $141 / Sq Ft
09/28/2023 09/28/23 For Sale $249,900 +63.9% $161 / Sq Ft
09/26/2023 09/26/23 Off Market $152,500 -- --
09/24/2023 09/24/23 For Sale $249,900 -- $161 / 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 $1,954 $235,900 $107,200 $128,700
2024 $2,304 $220,100 $97,200 $122,900
2023 $2,214 $223,500 $97,200 $126,300
2022 $1,180 $196,300 $82,800 $113,500
2021 $2,318 $663,000 $577,800 $85,200
2020 $4,796 $682,000 $598,800 $83,200
2019 $2,520 $644,600 $568,700 $75,900
2018 $2,746 $822,200 $739,100 $83,100
2017 $2,528 $776,700 $731,408 $45,292
2016 $2,378 $839,900 $794,507 $45,393
2015 $1,248 $907,800 $864,611 $43,189
2013 $1,256 $638,800 $601,160 $37,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6438593

NorthstarMLS

APN: 030070800