NOT LISTED FOR SALE

1510 N North Ave Fairmont, MN 56031

Estimated Value: $108,000 - $144,000

3 Beds
1.5 Baths
990 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $53,600 $54 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $731/month

30 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Lincoln Park
  • Double Pane Windows

About This Home

As of September 2013

3 bedroom home with a big 2.5 car garage. Most updates already done to the home--vinyl siding, double pane windows, central air, newer furnace and circuit breakers. Buyers should obtain a free pre-qualification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with Wells Fargo Home Mortgage by working directly with a mortgage consultant or going online at www.wellsfargo.com. Buyers/Agents- for any escalations surrounding the offer on your property where our Listing Agent is unable to provide an answer, please call the Wells Fargo REO Department at 1-877-617-5274.

Last Agent to Sell the Property

Gary Vanderwerf

CLARK PROPERTIES II License #20197689 Listed on: 06/20/2013

Co-Listed By

Soco Maria Adame-Caballero

CLARK PROPERTIES II

Last Buyer's Agent

Gary Vanderwerf

CLARK PROPERTIES II License #20197689 Listed on: 06/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $926

Year Built

  • 1954

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 990 Sq Ft Home
  • Double Pane Windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Additional Features

  • Lot Dimensions are 55x161
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 23.185.0140

Home Details

Home Type

Single Family

Est. Annual Taxes

$926

Year Built

1954

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Garage Door Opener, Double Pane Windows (L)
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 660
  • Parcel Number: 23.185.0140
  • Price Per Square Foot: 31
  • Sold Price Per Sq Ft: 32
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 678
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: 11x18, On Level: Main
  • Room 2: Dining Room, 11x7, On Level: Main
  • Room 3: Kitchen, 11x8, On Level: Main
  • Room 4: Bedroom, 11x13, On Level: Main
  • Room 5: Other, 11x14, On Level: Upper
  • Room 6: Bedroom, 11x11, On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 990
  • Tot Above Grade Sq Ft: 990
  • Total Fin Square Footage: 990
  • Total Square Footage: 1650
  • Tot Below Grade Sq Ft: 660

Exterior Features

  • Frontage Road: City
  • Soil Type: Loam
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 55X161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2013
Closed on
Jul 22, 2013
Sold by
Wells Fargo Bank Na
Bought by
Hinz Ronda
Seller's Agent
Gary Vanderwerf
CLARK PROPERTIES II
Buyer's Agent
Gary Vanderwerf
CLARK PROPERTIES II
List Price
$50,500
Sold Price
$53,600
Premium/Discount to List
$3,100
6.14%
Current Estimated Value
$121,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,402
Avg. Annual Appreciation
6.78%
Original Mortgage
$50,920
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2012
Sold by
Koch Shawn
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 24, 2006
Sold by
Lunn Ryan S and Lunn Karla J
Bought by
Koch Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Hinz Ronda $53,600 None Available
Wells Fargo Bank Na $55,675 None Available
Koch Shawn $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinz Ronda $50,920
Previous Owner Koch Shawn $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $53,600 +6.1% $54 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $50,500 -- $51 / 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 $926 $101,300 $31,900 $69,400
2024 $1,308 $96,800 $24,400 $72,400
2023 $1,268 $120,400 $13,700 $106,700
2022 $1,126 $111,600 $14,700 $96,900
2021 $990 $97,200 $15,500 $81,700
2020 $1,036 $91,900 $15,500 $76,400
2019 $874 $91,900 $15,500 $76,400
2018 $860 $79,400 $12,900 $66,500
2017 $816 $50,700 $8,104 $42,596
2016 $736 $46,600 $7,393 $39,207
2015 $579 $44,000 $7,193 $36,807
2013 $609 $39,300 $6,540 $32,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7002860

REALTOR® Association of Southern Minnesota

APN: 231850140