NOT LISTED FOR SALE

1320 Oak Beach Dr Fairmont, MN 56031

Estimated Value: $71,000 - $315,000

2 Beds
2 Baths
1,564 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 22, 2012

Last sale price $128,000 $82 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,581/month

Highlights

  • Lake Front
  • 1 Acre Lot
  • Ranch Style House
  • Beach Access
  • Deck
  • 1 Car Attached Garage

About This Home

As of August 2012

Call us for a viewing of this home we have just listed on Budd Lake. This home has 1564 square feet of living area on the main floor that includes a 13 X 15 Master bedroom with master bath, a 2nd smaller bedroom, another full bath, large living/formal dining room that has access to a deck overlooking Bud Lake, kitchen with built-in gas countertop range, oven, dishwasher, garbage disposal, & side by side refrigerator. Main floor laundry area. Attached single car garage. Owner is a disabled veteran. Not required to pay 2012 taxes of $2,437,00. Assessments bal =$1,372.00

Last Agent to Sell the Property

SAM JOHNSON

CAVERS REALTY, INC Listed on: 04/04/2012

Last Buyer's Agent

SAM JOHNSON

CAVERS REALTY, INC Listed on: 04/04/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,686

Year Built

  • 1956

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 67 x 145
  • Lake Front
  • Landscaped

Home Design

  • 1,564 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 231880390

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,686

Year Built

1956

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Garage Door Opener
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 1
  • Assessment Balance: 1372
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 231880390
  • Price Per Square Foot: 89
  • Sold Price Per Sq Ft: 82
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 357.4
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Stove
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Master Bedroom, 13x15, On Level: Main
  • Room 2: Bedroom, 11x14, On Level: Main
  • Room 5: Kitchen, 9x19, On Level: Main
  • Room 6: Dining Room, 9x15, On Level: Main
  • Room 7: 15x27, On Level: Main
  • Room 8: -x-
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1564
  • Tot Above Grade Sq Ft: 1564
  • Total Fin Square Footage: 1564
  • Total Square Footage: 1564

Exterior Features

  • Frontage Road: Curb/Gutters, Paved
  • Waterfront Name: Budd
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 67 X 145
  • Lot/Land Description: Accessible Shoreline, Landscaped

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2012
Closed on
Aug 10, 2012
Sold by
Darnell Nannette Nan
Bought by
Maday Darren J and Maday Tevi J
Seller's Agent
SAM JOHNSON
CAVERS REALTY, INC
Buyer's Agent
SAM JOHNSON
CAVERS REALTY, INC
List Price
$149,500
Sold Price
$128,000
Premium/Discount to List
-$21,500
-14.38%
Current Estimated Value
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,000
Avg. Annual Appreciation
6.29%
Original Mortgage
$102,400
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Maday Darren J $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maday Darren James $195,995
Closed Maday Darren J $140,000
Closed Maday Darren J $102,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2012 08/22/12 Sold $128,000 -14.4% $82 / Sq Ft
07/28/2012 07/28/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $149,500 -- $96 / 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 $3,686 $291,200 $86,000 $205,200
2024 $3,268 $286,200 $81,000 $205,200
2023 $3,768 $271,900 $37,000 $234,900
2022 $3,818 $286,100 $49,000 $237,100
2021 $3,192 $265,900 $49,000 $216,900
2020 $3,126 $225,100 $49,000 $176,100
2019 $3,222 $215,100 $49,000 $166,100
2018 $3,320 $220,800 $35,000 $185,800
2017 $2,618 $178,000 $35,000 $143,000
2016 $2,516 $176,300 $34,300 $142,000
2015 $2,062 $176,300 $34,300 $142,000
2013 $2,184 $153,900 $30,096 $123,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 130972

REALTOR® Association of Southern Minnesota

APN: 231880390