NOT LISTED FOR SALE

1316 Beach Place Fairmont, MN 56031

Estimated Value: $382,000 - $514,000

4 Beds
3 Baths
3,172 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $250,000 $79 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,015/month

228 Days on Market

Highlights

  • 89 Feet of Waterfront
  • Sandy Beach
  • Open Floorplan
  • Beach Access
  • Spa
  • Deck

About This Home

As of April 2013

Looking for privacy? This rambler is located in a quiet cul-de-sac on Budd Lake. How much better can that get?! This home features four bedrooms, three baths, a formal living room with a fireplace, a great room with huge windows facing the lake, cathedral ceiling and a wood burning fireplace. The kitchen has frosted glass cabinet doors, plenty of storage with a walk-in pantry. An office and laundry room is right off the kitchen. Three of the bedrooms are located on the main floor with an abundant amount of closet space. In the basement there is a large family room, bedroom and another bathroom. Enjoy the hot tub in the privacy of this beautifully landscaped back lawn. There are 35 steps to the lake shore. Hot tub is included.

Last Agent to Sell the Property

Cinde Andersen

CENTURY 21 Northland Realty Listed on: 08/14/2012

Last Buyer's Agent

Bennet Odegaard

CENTURY 21 Northland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,646

Year Built

  • 1952

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 95x158
  • 89 Feet of Waterfront
  • Lake Front
  • Sandy Beach
  • Cul-De-Sac
  • Street terminates at a dead end
  • Landscaped
  • Irregular Lot
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk Through Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Spa
  • Beach Access
  • Deck
  • Patio
  • Outdoor Water Feature
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 23.177.0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,646

Year Built

1952

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hot Tub, Natural Woodwork, Skylight, Vaulted Ceilings
  • Amenities Exterior: Deck, Driveway - Concrete, Hot Tub, Patio, Water Feature
  • Estimated Number of Acres: 0.34
  • Beach Type: Sand
  • Construction: Previously Owned
  • Dnr Lake Id Number: 46003000
  • Mechanicals: Water Heater-Gas, Sump Pump
  • Parcel Number: 23.177.0050
  • Stories: 1 Story
  • Street Designation: Place
  • Taxes With Assessments: 3318
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Dining Room: Combine with Kitchen, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator, Trash Compactor
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor 3/4 Bath, Main Floor Full Bath, Walk Thru, Whirlpool
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 23x14, On Level: Main
  • Room 2: Kitchen, 14x9, On Level: Main
  • Room 3: Dining Room, 12x9, On Level: Main
  • Room 4: Great Room, 28x14.6, On Level: Main
  • Room 5: Master Bedroom, 16.6x11, On Level: Main
  • Room 6: Bathroom, 7x7, On Level: Main
  • Room 7: 14x10, On Level: Main
  • Room 8: Bedroom, 14x13, On Level: Main
  • Room 9: Den/Office, 12x10, On Level: Main
  • Room 10: Laundry Room, 9x7, On Level: Main
  • Room 11: Family Room, 22x17, On Level: Basement
  • Room 12: Bathroom, 8x5, On Level: Basement
  • Room 13: Bedroom, 22x10, On Level: Basement
  • Room 14: 4 Season Porch, 14x14, On Level: Main
  • Basement Features: Egress Windows, Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2338
  • Below Grade Finished Sq Ft: 834
  • Total Fin Square Footage: 3172
  • Total Square Footage: 3582

Exterior Features

  • Frontage Road: City, Dead End/No Outlet, Paved
  • LakeAcres: 227.9
  • Lake Chain: Yes
  • Waterfront Name: Budd
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 88.6
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 95x158
  • Lot/Land Description: Accessible Shoreline, Cul De Sac, Irregular Lot, Landscaped, Tree Coverage - Light, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Sokoloski and Rebecca
Bought by
Sokoloski Brian and Sokoloski Rebecca
Current Estimated Value
$461,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$358,748
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$97,786

Purchase Details

Listed on
Aug 14, 2012
Closed on
Apr 29, 2013
Sold by
Mallory Douglas L and Mallory Eileen M
Bought by
Olson Russell D
Seller's Agent
Cinde Andersen
CENTURY 21 Northland Realty
Buyer's Agent
Bennet Odegaard
CENTURY 21 Northland Realty
List Price
$289,900
Sold Price
$250,000
Premium/Discount to List
-$39,900
-13.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$200,000
Interest Rate
2.75%
Mortgage Type
New Conventional
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
Sokoloski Brian -- None Listed On Document
Olson Russell D $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sokoloski Brian $380,000
Previous Owner Sokoloski Brian $271,520
Previous Owner Sokoloski Brian $270,600
Previous Owner Sokoloski Brian J $40,000
Previous Owner Olson Russell D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $250,000 -13.8% $79 / Sq Ft
03/30/2013 03/30/13 Pending -- -- --
08/14/2012 08/14/12 For Sale $289,900 -- $91 / Sq Ft
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 $6,646 $490,400 $142,500 $347,900
2024 $6,038 $490,500 $142,500 $348,000
2023 $5,748 $470,900 $66,500 $404,400
2022 $2,835 $416,000 $66,200 $349,800
2021 $4,520 $385,800 $66,200 $319,600
2020 $4,700 $325,900 $66,200 $259,700
2019 $4,588 $324,900 $66,200 $258,700
2018 $4,884 $336,700 $47,300 $289,400
2017 $3,580 $257,300 $45,042 $212,258
2016 $3,066 $230,500 $44,000 $186,500
2015 $2,821 $236,700 $44,000 $192,700
2013 $3,233 $230,700 $41,297 $189,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4387793

REALTOR® Association of Southern Minnesota

APN: 231770050