NOT LISTED FOR SALE

1602 N North Ave Fairmont, MN 56031

Estimated Value: $127,000 - $182,000

5 Beds
2 Baths
2,040 Sq Ft
$80/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $146,000 $72 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,044/month

15 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Eat-In Kitchen
  • Corner Lot
  • 1 Car Attached Garage
  • Living Room

About This Home

As of November 2022

This 5 bedroom home is nestled on a nice sized corner lot! There have been many updates to this home including flooring, kitchen updates, bath updates along with mechanical updates. The main floor features an updated kitchen that is open to the living room, 3 bedrooms and a full bath along with a nice foyer from the kitchen to the garage entrance. The basement has an additional 2 bedroom, spacious family room and utility room. Sorry there are no interior pictures until the renter moves out.

Last Agent to Sell the Property

Vonnie Cone

RE/MAX TOTAL REALTY Listed on: 09/22/2022

RE/MAX TOTAL REALTY

Last Buyer's Agent

Tara Survis

Cavers Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,584

Year Built

  • Built in 1956

Lot Details

  • 8,799 Sq Ft Lot
  • Lot Dimensions are 55x160
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Keslers Hillsdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 231560070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,584

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 1020
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full, Storage Space
  • Appliances: Dishwasher, Range, Refrigerator, Tankless Water Heater
  • Living Area: 2040
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1020
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Foyer

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, RV Access/Parking
  • Garage Square Feet: 247

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 55x160
  • Lot Size Sq Ft: 8799.12
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • 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: 2022
  • Assessor Parcel Number: 231560070
  • Tax Annual Amount: 1584
  • TaxWithAssessments: 1584.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 20, 2022
Sold by
Faber Dudlee Duane
Bought by
Diaz-Lopez Guillermo
Seller's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
Buyer's Agent
Tara Survis
Cavers Realty Inc
List Price
$144,000
Sold Price
$146,000
Premium/Discount to List
$2,000
1.39%
Views
11
Current Estimated Value
$164,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,013
Avg. Annual Appreciation
4.21%
Original Mortgage
$143,355
Outstanding Balance
$139,188
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$24,627

Purchase Details

Closed on
Jun 11, 2019
Sold by
Kabe Cameron R and Kabe Ashley M
Bought by
Faber Dudlee Duane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2017
Sold by
State Bank Of Fairmont
Bought by
Kabe Cameron R and Kabe Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 8, 2017
Sold by
Tromanchauser Kurt and Tromanchauser Michele
Bought by
State Bank Of Fairmont A Corp
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
Diaz-Lopez Guillermo $146,000 --
Faber Dudlee Duane $120,000 None Available
Kabe Cameron R $60,500 Jenkinson Abstract Co
State Bank Of Fairmont A Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz-Lopez Guillermo $143,355
Previous Owner Faber Dudlee Duane $96,000
Previous Owner Kabe Cameron R $60,500
Previous Owner Kabe Cameron R $11,500
Previous Owner Tromanhauser Kurt W $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $146,000 +1.4% $72 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $144,000 -1.4% $71 / Sq Ft
09/24/2022 09/24/22 Off Market $146,000 -- --
09/22/2022 09/22/22 For Sale $144,000 -- $71 / 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 $1,826 $137,900 $31,700 $106,200
2024 $1,694 $130,500 $24,200 $106,300
2023 $1,738 $128,100 $13,700 $114,400
2022 $1,584 $122,300 $14,700 $107,600
2021 $1,516 $103,700 $15,500 $88,200
2020 $1,580 $103,700 $15,500 $88,200
2019 $996 $103,700 $15,500 $88,200
2018 $964 $86,100 $12,800 $73,300
2017 $856 $53,700 $8,242 $45,458
2016 $764 $48,700 $7,478 $41,222
2015 $659 $50,700 $7,476 $43,224
2013 $753 $49,000 $6,690 $42,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6264107

NorthstarMLS

APN: 231560070