$195,000
SOLD JUL 31, 2024

1448 Larsen Ln Fairmont, MN 56031

5 Beds
2.5 Baths
3,027 Sq Ft
10,062 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

3% Above List Price

42 Days on Market

Highlights

  • Corner Lot
  • Game Room
  • Living Room
  • No HOA
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of July 2024

Great opportunity to add your personal touches and make this affordable 3 bed 2 bath rambler by George Lake. Large bright living room leads to informal dining room and kitchen. Sliders to deck, with maintenance free decking. This house sits on a corner lot with city owned land that connects to the yard. There are 3 bedrooms on the main level, the primary bedroom has a private half bath. As you venture to the basement, you will see a very inviting family room that has a walk out, with an additional 2 more bedrooms. The lower level also has a game room, and a 3/4 bath and laundry room. Call today for your personal showing.

Last Agent to Sell the Property

Julie Liljenquist

Edina Realty Listed on: 05/14/2024

Edina Realty

Last Buyer's Agent

Julie Liljenquist

Edina Realty Listed on: 05/14/2024

Edina Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,943

Year Built

  • Built in 1980

Lot Details

  • 10,062 Sq Ft Lot
  • Lot Dimensions are 100 x 106
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Foundation

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Game Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Larsens Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 231650120

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,943

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected, City Water - In Street
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 1682
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 45 x 34
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Walkout, Wood
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range
  • Living Area: 3027
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1345
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Game Room, Laundry
  • SqFtTotal: 3364.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Other
  • PatioPorchType: Composite Decking,Deck

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 336

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100 x 106
  • Lot Size Sq Ft: 10062.36
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 231650120
  • Tax Annual Amount: 1943
  • TaxWithAssessments: 2012.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 31, 2024
Sold by
Schmitz Kevin and Schmitz Sally
Bought by
Doty Katelyn
Seller's Agent
Julie Liljenquist
Edina Realty
Buyer's Agent
Julie Liljenquist
Edina Realty
List Price
$190,000
Sold Price
$195,000
Premium/Discount to List
$5,000
2.63%
Total Days on Market
42
Views
129
Current Estimated Value
$204,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,075
Avg. Annual Appreciation
5.50%

Purchase Details

Closed on
Mar 4, 2006
Sold by
Schmitz Karina Elizabeth
Bought by
Schmitz Kevin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.42%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $195,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $14,100 Future Advance Clause Open End Mortgage
Previous Owner $13,500 Credit Line Revolving
Previous Owner $108,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $195,000 +2.6% $64 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $190,000 -- $63 / 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
2024 $2,012 $198,000 $27,700 $170,300
2023 $1,926 $172,000 $15,300 $156,700
2022 $1,672 $156,300 $16,300 $140,000
2021 $1,594 $132,000 $17,200 $114,800
2020 $1,666 $132,000 $17,200 $114,800
2019 $1,374 $132,000 $17,200 $114,800
2018 $1,334 $109,700 $14,300 $95,400
2017 $1,512 $102,600 $11,436 $91,164
2016 $1,502 $95,000 $10,573 $84,427
2015 $1,155 $92,800 $10,346 $82,454
2013 $1,204 $82,000 $9,069 $72,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6535709

NorthstarMLS

APN: 231650120