NOT LISTED FOR SALE

1380 Albion Ave Fairmont, MN 56031

Estimated Value: $99,000 - $144,000

3 Beds
1.5 Baths
1,008 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $80,000 $79 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $689/month

6 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room
  • No HOA
  • Forced Air Heating System
  • 3-minute walk to Gomruds Park

About This Home

As of April 2024

Cleaned, refreshed and ready to move-in! 3BR/2BA with a fantastic location near popular amenities! Inside the front door, you'll notice the open floor plan for living, dining and kitchen. There is some built-in storage in the living room and kitchen. The bathroom has a step in shower and new vanity. The main floor bedroom is next to the bathroom. On the way upstairs, notice the new railing! Upstairs are two nice sized bedrooms separated by a Jack and Jill 1/2 bath. One bedroom has peak-a-boo view of Budd Lake. Hallway storage is a bonus! The basement is unfinished and features the washer and dryer hookup, and a walk out basement door for ease to the back driveway. Main floor and upstairs have new flooring, fresh paint, new wood trim, bathrooms have been refreshed with new vanities, kitchen has a new sink and faucet. In addition to the back driveway, there is a driveway in front of the house as well for additional off street parking. Window A/C. Furnace and roof less than 10 years old.

Last Agent to Sell the Property

Kim Kreiss

EXIT Realty - Great Plains Listed on: 02/15/2024

EXIT Realty - Great Plains

Last Buyer's Agent

Karen Mussmann

EXIT Realty - Great Plains

EXIT Realty - Great Plains

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1948

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 40x110

Home Design

  • Unfinished Walls

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Oak Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 231880090

Home Details

Home Type

Single Family

Est. Annual Taxes

$561

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Accessibility Features: Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 1008
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Sump Pump, Unfinished, Walkout
  • Appliances: Range
  • Living Area: 1008
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Unfinished

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Gravel, Concrete, Open
  • Garage Square Feet: 0
  • ParkingOpen: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

  • Junior High Dist: Fairmont Area Schools
  • SchoolDistrictNumber: 2752
  • SchoolDistrictPhone: 507-238-4234

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x110
  • Lot Size Sq Ft: 4399.56
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 231880090
  • Tax Annual Amount: 561
  • TaxWithAssessments: 900.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 2, 2024
Sold by
Klous Danny and Klous Daniel
Bought by
Nordquist Matthew C
Seller's Agent
Kim Kreiss
EXIT Realty - Great Plains
Buyer's Agent
Karen Mussmann
EXIT Realty - Great Plains
List Price
$79,900
Sold Price
$80,000
Premium/Discount to List
$100
0.13%
Views
79
Current Estimated Value
$113,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,820
Avg. Annual Appreciation
20.95%
Original Mortgage
$64,000
Outstanding Balance
$60,659
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$43,358

Purchase Details

Closed on
Jul 17, 2013
Sold by
Bank Plus
Bought by
Klous Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 18, 2010
Sold by
Landmark Vi Llc
Bought by
Landmark Management Co Of Martin County

Purchase Details

Closed on
Jan 1, 2006
Sold by
Poetter Steven S and Poetter Kayla A
Bought by
Landmark Vi Llc
Source: Public Records

Range of Values:

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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
Nordquist Matthew C $80,000 Title Team
Klous Daniel $285,000 None Available
Landmark Management Co Of Martin County -- None Available
Landmark Vi Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nordquist Matthew C $64,000
Previous Owner Klous Daniel $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Sold $80,000 +0.1% $79 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $79,900 -- $79 / Sq Ft
Source: NorthstarMLS

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 $828 $82,300 $13,200 $69,100
2024 $970 $58,200 $13,200 $45,000
2023 $900 $50,600 $12,500 $38,100
2022 $862 $41,100 $13,300 $27,800
2021 $848 $35,100 $13,300 $21,800
2020 $834 $35,100 $13,300 $21,800
2019 $792 $31,900 $12,100 $19,800
2018 $824 $27,500 $10,400 $17,100
2017 $790 $26,200 $9,900 $16,300
2016 $788 $26,200 $9,900 $16,300
2015 $362 $30,300 $12,800 $17,500
2013 $419 $30,300 $12,800 $17,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6489143

NorthstarMLS

APN: 231880090