NOT LISTED FOR SALE

1375 Oak Beach Dr Fairmont, MN 56031

Estimated Value: $176,885 - $222,000

3 Beds
2 Baths
1,980 Sq Ft
$100/Sq Ft Est. Value

About This Home

This home is located at 1375 Oak Beach Dr, Fairmont, MN 56031 and is currently estimated at $198,971, approximately $100 per square foot. 1375 Oak Beach Dr is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. John Vianney School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
Peterson Alex D and Peterson Carissa
Bought by
Powell Melanie A
Current Estimated Value
$198,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,767
Outstanding Balance
$161,659
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$37,137

Purchase Details

Closed on
Jan 16, 2018
Sold by
Sweeney Shannon J and Sweeney Gwen C
Bought by
Peterson Alex D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2017
Sold by
Seifert Kristin Lyn and Snyder Connie L
Bought by
Seifert Kristin Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Powell Melanie A $175,000 None Available
Peterson Alex D $135,000 Jenkinson Abstract Co
Seifert Kristin Lyn -- None Available
Powell Melanie Melanie $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Melanie A $176,767
Previous Owner Peterson Alex D $128,250
Previous Owner Syder Connie L $42,000
Closed Powell Melanie Melanie $174,500
Source: Public Records

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 $1,900 $157,500 $14,300 $143,200
2024 $1,608 $163,900 $14,300 $149,600
2023 $1,356 $142,300 $13,300 $129,000
2022 $1,068 $117,600 $14,100 $103,500
2021 $1,010 $93,500 $14,100 $79,400
2020 $924 $93,200 $14,100 $79,100
2019 $806 $84,700 $12,800 $71,900
2018 $782 $73,500 $11,100 $62,400
2017 $694 $41,900 $6,294 $35,606
2016 $670 $41,900 $6,294 $35,606
2015 $547 $41,600 $8,044 $33,556
2013 $671 $43,200 $8,040 $35,160
Source: Public Records

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