RENTED MAY 1, 2025

1205 Victoria St Unit 307 Fairmont, MN 56031

1 Bed
1 Bath
600 Sq Ft
4.23 Acres

About This Home

As of May 2025

Fairmont Square Apartments received a stunning remodel and currently has 1- and 2-bedroom Tax Credit as well as Market Rate apartments available for rent. Rent for a 1-bedroom is $675 and a 2-bedroom is $825. The Security Deposit is equal to 1 full month's rent. Heat, electricity, water, sewer, and garbage are included in the rent. There is an A/C charge during the months of May-September of $40/month for 1 and 2 bedroom apartments. This property features numerous amenities including off-street parking, on-site laundry, large courtyard, tenant garden, patio, and playground. You’ll love coming home to shade trees and quiet location while appreciating easy access to all the local commerce Fairmont offers. Income limits and student guidelines apply for Tax Credit unit qualification. Section 8 vouchers are welcome! "This Institution is an Equal Opportunity Provider."

Last Agent to Rent the Property

Sara Wolhers

Van Binsbergen & Associates LLC Listed on: 12/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,316

Year Built

  • Built in 1974

Lot Details

  • 4.23

Home Design

  • Apartment

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Boiler Heating System

Community Details

  • No Home Owners Association
  • Weis Subdivision

Listing and Financial Details

  • Property Available on 5/1/25
  • Tenant pays for cable TV
  • Assessor Parcel Number 232650010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,316

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2025-05-01
  • Lease Price: 675.0000
  • ApplicationFee: 25.0000
  • SecurityDeposit: 675.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Apartment
  • Cooling System: Wall Unit(s)
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Association Amenities: Laundry
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 600
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Range, Refrigerator
  • Living Area: 600
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Fairmont Area Schools
  • SchoolDistrictNumber: 2752
  • SchoolDistrictPhone: 507-238-4234

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 184389
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Vinyl Siding

Tax Info

  • Assessor Parcel Number: 232650010

Multi Family

  • TenantPays: Cable TV

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

Mortgage History

Date Status Borrower Loan Amount
Closed Fairmont Group Llc $300,000
Closed Fairmont Group Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Rented $675 0.0% --
12/12/2024 12/12/24 For Rent $675 -- --
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 $23,316 $2,019,300 $211,800 $1,807,500
2024 $25,622 $1,861,800 $211,800 $1,650,000
2023 $27,694 $1,719,100 $233,000 $1,486,100
2022 $28,444 $1,949,700 $466,000 $1,483,700
2021 $25,416 $1,712,800 $232,900 $1,479,900
2020 $20,732 $1,562,100 $233,000 $1,329,100
2019 $19,812 $1,305,200 $171,200 $1,134,000
2018 $0 $1,222,900 $171,200 $1,051,700
2017 $18,208 $1,208,900 $171,200 $1,037,700
2016 $16,760 $1,127,300 $115,900 $1,011,400
2015 $7,910 $1,105,800 $115,800 $990,000
2013 $7,333 $1,008,500 $115,800 $892,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6639933

NorthstarMLS

APN: 232650010