NOT LISTED FOR SALE

1542 Southgate Dr Fairmont, MN 56031

Estimated Value: $333,000 - $395,000

3 Beds
3 Baths
1,761 Sq Ft
$205/Sq Ft Est. Value

About This Home

This home is located at 1542 Southgate Dr, Fairmont, MN 56031 and is currently estimated at $361,498, approximately $205 per square foot. 1542 Southgate 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
Sep 4, 2014
Sold by
Larson John and Larson Mary
Bought by
Eriksen Bartlett and Eriksen Helen
Current Estimated Value
$360,662

Purchase Details

Closed on
Dec 4, 2013
Sold by
Foster Deborah J
Bought by
Larson John R and Larson Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 31, 2006
Sold by
Simon Robert L and Simon Velma O
Bought by
Foster Michel J and Foster Debrah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
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
Eriksen Bartlett $195,000 None Available
Larson John R $170,000 None Available
Foster Michel J $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson John R $136,000
Previous Owner Foster Michael J $90,000
Previous Owner Foster Michel J $47,500
Previous Owner Foster Michel J $142,500
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 $4,958 $373,700 $51,300 $322,400
2024 $4,298 $374,300 $51,300 $323,000
2023 $4,834 $339,400 $35,700 $303,700
2022 $3,592 $353,700 $35,800 $317,900
2021 $3,434 $253,800 $35,800 $218,000
2020 $3,136 $253,900 $35,800 $218,100
2019 $3,064 $225,400 $35,800 $189,600
2018 $3,146 $225,500 $35,800 $189,700
2017 $2,928 $208,600 $33,117 $175,483
2016 $2,288 $167,600 $31,932 $135,668
2015 $2,083 $171,700 $31,438 $140,262
2013 $2,421 $171,200 $31,428 $139,772
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

1542 Southgate Dr, Fairmont, MN

This home is located at 1542 Southgate Dr, Fairmont, MN 56031 and is currently estimated at $361,498, approximately $205 per square foot. 1542 Southgate 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.

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