125 Homewood Dr Fairmont, MN 56031
Estimated payment $4,252/month
Highlights
- Lake Front
- Wine Cellar
- 26,833 Sq Ft lot
- Beach Access
- Multiple Garages
- Fireplace in Primary Bedroom
About This Home
Welcome to Homewood Drive, a Historic 4 Bed, 5 Bath Home on Beautiful Budd Lake! New steps built to the lake in Spring 2025! This renovated home is filled with character and charm! The intricate historic details remain with gorgeous chandeliers, majestic hardwood floors, a grand formal dining room, a cozy den or library, a stunning vintage stairway that welcomes you inside and more! The kitchen has been completely remodeled with new flooring, soft close drawers, granite countertops, stainless appliances and recessed lighting. The formal living room features high ceilings, a warm fireplace and wood floors. The large formal dining room is also filled with character, both rooms provide an intimate setting for you to enjoy friends and family. French doors off the dining room take you out to a 3 season porch to enjoy the seasons Minnesota has to offer. Make your way up the grand stairway to the bedrooms. The master bedroom is spacious, with a fireplace, amazing lake views, two walk in closets and a 3/4 bath. The other 3 bedrooms are also nice size, one with its own bathroom and the other 2 to share the 3rd bathroom. There is a second staircase to the upper level for ease & convenience. The lower level provides another place to entertain with a cozy family room, and an updated wet bar with granite bar top and plenty of seating. The lower level has a laundry room, a workshop, a pantry, a wine cellar and a carpeted flex room which would make a great fitness area or playroom. There is a 3rd garage off the lower level that could store a smaller car or a great place for lawn equipment and lake supplies! Outside you will enjoy a nice size deck with an outdoor cooking area and hot tub. An immaculate brand new double car garage was recently added with heated floors and ample space for entertaining if desired. The views from this home are absolutely amazing with it being one of the highest points in Fairmont. There is a walk up attic that could be made into another cozy historic nook. The following items will stay with the home...formal dining room table, smaller kitchen table, porch furniture, outdoor hot tub, and the outdoor custom made marble top tables! Come take a look to see for yourself the beauty, character & charm of this stunning home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,659
Year Built
- Built in 1940
Lot Details
- 0.62 Acre Lot
- Lot Dimensions are 116x222
- Lake Front
Parking
- 3 Car Attached Garage
- Multiple Garages
- Heated Garage
- Tuck Under Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Flex
Interior Spaces
- 2-Story Property
- Recessed Lighting
- Brick Fireplace
- Entrance Foyer
- Wine Cellar
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Dining Room
- Den
- Storage Room
- Utility Room
- Lake Views
Kitchen
- Walk-In Pantry
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
- Natural lighting in basement
Outdoor Features
- Beach Access
- Breezeway
- Porch
Utilities
- Central Air
- Hot Water Heating System
- 200+ Amp Service
Community Details
- No Home Owners Association
- Homewood Subdivision
Listing and Financial Details
- Assessor Parcel Number 231440020
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,728 | $678,200 | $181,500 | $496,700 |
| 2024 | $9,174 | $678,200 | $181,500 | $496,700 |
| 2023 | $8,676 | $679,600 | $145,200 | $534,400 |
| 2022 | $7,426 | $607,200 | $145,200 | $462,000 |
| 2021 | $6,166 | $503,200 | $145,200 | $358,000 |
| 2020 | $5,968 | $436,800 | $145,200 | $291,600 |
| 2019 | $5,820 | $405,500 | $145,200 | $260,300 |
| 2018 | $5,892 | $401,100 | $104,300 | $296,800 |
| 2017 | $4,696 | $341,700 | $104,300 | $237,400 |
| 2016 | $4,024 | $302,800 | $95,401 | $207,399 |
| 2015 | $3,615 | $301,900 | $95,393 | $206,507 |
| 2013 | $4,167 | $299,200 | $95,275 | $203,925 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $647,000 | -- | $154 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $3,000 | Rosenberg Jay A | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $385,000 | Jenkinson Abstract Oc | |
| Deed | -- | None Available | |
| Warranty Deed | $309,500 | Jenkinson Abstract Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $296,000 | New Conventional | |
| Previous Owner | $308,000 | New Conventional | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: NorthstarMLS
MLS Number: 6783023
APN: 231440020
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