NOT LISTED FOR SALE

1207 1207 N Main St Fairmount, MN 56031

Estimated Value: $254,291 - $401,000

2 Beds
2.5 Baths
1,680 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $255,000 $152 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,048/month

81 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Wood Flooring
  • Docks
  • Deck
  • 1-minute walk to Lincoln Park

About This Home

As of September 2023

Enjoy life on the Fairmont Chain of Lakes! This 2 bedroom, 3 bath rambler on George Lake is located across the street from Lincoln Park. This home offers 3 living spaces and a partially unfinished basement that could be converted to future bedrooms or office space. The main floor features 2 bedrooms, 2 baths, laundry, living room, kitchen, and large family room with beautiful lake views, gas fireplace and patio doors to the deck. The lower level has a finished family room/guest space with patio doors to the backyard, 1/2 bath and unfinished utility/laundry and storage rooms. George Lake offers access to 3 additional lakes with multiple restaurants/bars, parks, fishing and recreation. New roof (2021), New water heater (2022), New washer & dryer (2023). Dock included in sale. Please note - virtual tour of exterior of home & chain of lakes is dated 2019. Some landscaping has since changed.

Last Agent to Sell the Property

ARIN MEYER

JBEAL REAL ESTATE GROUP Listed on: 04/11/2023

Last Buyer's Agent

ARIN MEYER

JBEAL REAL ESTATE GROUP Listed on: 04/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 1939

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 48x172x48
  • Lake Front
  • Partially Fenced Property
  • Landscaped

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 231620550

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,329

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Concrete, Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 0.19
  • Assessment Balance: 334.7
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1200
  • L V T Date: 04/11/2023
  • Mechanicals: Air to Air Exchange, Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 231620550
  • Price Per Square Foot: 110
  • Sold Price Per Sq Ft: 106
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 2664
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 1/2 Basement, Main Floor 3/4 Bath, Main Floor Full Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 19x14, On Level: Main
  • Room 2: Kitchen, 10x10, On Level: Main
  • Room 3: Family Room, 26x15, On Level: Main
  • Room 4: Bedroom, 9x10, On Level: Main
  • Room 5: Bedroom, 9x10, On Level: Main
  • Room 6: Bathroom, On Level: Main
  • Room 7: On Level: Main
  • Room 8: Bathroom, On Level: Main
  • Room 9: Family Room, On Level: Lower
  • Room 10: Utility Room, On Level: Lower
  • Basement Features: Partially Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1200
  • Below Grade Finished Sq Ft: 480
  • Tot Above Grade Sq Ft: 1200
  • Total Fin Square Footage: 1680
  • Total Square Footage: 2400
  • Tot Below Grade Sq Ft: 1200

Exterior Features

  • Frontage Road: City, Sidewalk
  • Lake Chain: Yes
  • Waterfront Name: George
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 48x172x48
  • Lot/Land Description: Accessible Shoreline, Landscaped

Building Info

  • Year Built: 1939

Tax Info

  • Year: 2023
  • Tax Value: 2329.3

MLS Schools

  • School District: Fairmont Area #2752

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Sep 15, 2023
Sold by
Grotte David
Bought by
Barkeim Daniel and Barkeim April
Seller's Agent
ARIN MEYER
JBEAL REAL ESTATE GROUP
Buyer's Agent
ARIN MEYER
JBEAL REAL ESTATE GROUP
List Price
$277,900
Sold Price
$255,000
Premium/Discount to List
-$22,900
-8.24%
Views
376
Current Estimated Value
$327,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,646
Avg. Annual Appreciation
12.87%
Original Mortgage
$216,750
Outstanding Balance
$212,101
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$115,545
Source: Public Records

Range of Values:

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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
Barkeim Daniel $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barkeim Daniel $216,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $255,000 -3.7% $152 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
05/12/2023 05/12/23 Price Changed $264,900 -4.7% $158 / Sq Ft
04/15/2023 04/15/23 For Sale $277,900 +9.0% $165 / Sq Ft
04/11/2023 04/11/23 Off Market $255,000 -- --
Source: REALTOR® Association of Southern Minnesota

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 $3,726 $299,800 $62,400 $237,400
2024 $3,452 $289,300 $62,400 $226,900
2023 $2,986 $277,400 $58,100 $219,300
2022 $2,664 $211,000 $29,700 $181,300
2021 $2,196 $178,000 $29,700 $148,300
2020 $2,232 $153,400 $29,700 $123,700
2019 $2,206 $149,400 $29,700 $119,700
2018 $2,416 $158,700 $29,700 $129,000
2017 $1,946 $110,500 $24,220 $86,280
2016 $1,924 $112,500 $18,750 $93,750
2015 $1,431 $116,200 $18,899 $97,301
2013 $1,742 $121,500 $19,110 $102,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7032010

REALTOR® Association of Southern Minnesota

APN: 231620550