NOT LISTED FOR SALE

1421 N Prairie Ave Fairmont, MN 56031

Estimated Value: $74,000 - $116,000

3 Beds
1 Bath
1,800 Sq Ft
$54/Sq Ft Est. Value

About This Home

This home is located at 1421 N Prairie Ave, Fairmont, MN 56031 and is currently estimated at $97,120, approximately $53 per square foot. 1421 N Prairie Ave is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. Paul Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Gross Albert H and Gross Ann Marie
Bought by
Torres Valerie C
Current Estimated Value
$97,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,560
Outstanding Balance
$65,560
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$31,560

Purchase Details

Closed on
Jan 25, 2005
Sold by
Centex Homes Equity Co Llc
Bought by
Gross Ann Marie and Gross Albert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
5.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Torres Valerie C $74,500 Title Team
Gross Ann Marie $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Valerie C $65,560
Closed Torres Valerie C $12,600
Previous Owner Gross Ann Marie $27,000
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 $1,018 $78,100 $15,100 $63,000
2024 $924 $70,500 $7,500 $63,000
2023 $1,062 $67,400 $12,100 $55,300
2022 $1,062 $72,800 $12,300 $60,500
2021 $922 $61,100 $12,600 $48,500
2020 $960 $61,100 $12,600 $48,500
2019 $830 $61,100 $12,600 $48,500
2018 $880 $55,700 $11,500 $44,200
2017 $868 $59,000 $12,200 $46,800
2016 $736 $51,300 $10,600 $40,700
2015 $547 $45,800 $9,800 $36,000
2013 $455 $32,800 $9,200 $23,600
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

1421 N Prairie Ave, Fairmont, MN

This home is located at 1421 N Prairie Ave, Fairmont, MN 56031 and is currently estimated at $97,120, approximately $53 per square foot. 1421 N Prairie Ave is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. Paul Lutheran School.

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