NOT LISTED FOR SALE

1602 North Park Fairmont, MN 56031

Estimated Value: $272,000 - $491,000

4 Beds
2 Baths
1,760 Sq Ft
$186/Sq Ft Est. Value

About This Home

This home is located at 1602 North Park, Fairmont, MN 56031 and is currently estimated at $327,853, approximately $186 per square foot. 1602 North Park 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
Jun 19, 2025
Sold by
Becker Lance W and Becker Sarah
Bought by
Thate Brielle
Current Estimated Value
$327,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Outstanding Balance
$9,882
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$317,971

Purchase Details

Closed on
Jun 14, 2024
Sold by
Vankeulen Justin and Vankeulen Van Keulen
Bought by
Becker Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,920
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2021
Sold by
Larson Florene and Larson Florene M
Bought by
Vankeulen Justin and Vankeulen Van Keulen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2014
Sold by
Johnson Harland R
Bought by
Larson Richard and Larson Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Thate Brielle $270,000 First American Title
Becker Lance $269,900 --
Vankeulen Justin $197,000 Jenkinson Abstract Company
Larson Richard $165,000 None Available
Vankeulen Justin Justin $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thate Brielle $14,000
Open Thate Brielle $265,109
Previous Owner Becker Lance $215,920
Previous Owner Vankeulen Justin $157,600
Previous Owner Larson Richard $132,000
Closed Vankeulen Justin Justin $157,600
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 $3,414 $270,400 $49,000 $221,400
2024 $3,234 $268,100 $37,400 $230,700
2023 $3,050 $261,400 $20,000 $241,400
2022 $2,708 $232,600 $21,000 $211,600
2021 $2,586 $197,700 $22,100 $175,600
2020 $2,700 $197,700 $22,100 $175,600
2019 $2,248 $197,700 $22,100 $175,600
2018 $2,192 $164,500 $18,400 $146,100
2017 $2,042 $142,300 $15,898 $126,402
2016 $1,840 $132,600 $14,809 $117,791
2015 $1,631 $133,300 $14,565 $118,735
2013 $1,813 $126,700 $13,058 $113,642
Source: Public Records

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