1616 N Prairie Ave Fairmont, MN 56031
Estimated Value: $143,000 - $228,000
2
Beds
2
Baths
1,024
Sq Ft
$178/Sq Ft
Est. Value
About This Home
This home is located at 1616 N Prairie Ave, Fairmont, MN 56031 and is currently estimated at $182,667, approximately $178 per square foot. 1616 N Prairie Ave 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
May 2, 2014
Sold by
Meyer Gerald G and Meyer Ardyce J
Bought by
Meyer Joseph
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.75%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meyer Joseph | $60,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Meyer Joseph | $60,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,302 | $130,800 | $34,200 | $96,600 |
| 2024 | $1,212 | $122,700 | $26,100 | $96,600 |
| 2023 | $1,138 | $113,300 | $14,600 | $98,700 |
| 2022 | $972 | $102,700 | $15,600 | $87,100 |
| 2021 | $924 | $87,500 | $16,400 | $71,100 |
| 2020 | $968 | $87,500 | $16,400 | $71,100 |
| 2019 | $784 | $87,500 | $16,400 | $71,100 |
| 2018 | $776 | $72,800 | $13,600 | $59,200 |
| 2017 | $1,042 | $67,500 | $9,553 | $57,947 |
| 2016 | $1,064 | $61,900 | $8,775 | $53,125 |
| 2015 | $772 | $60,300 | $8,557 | $51,743 |
| 2013 | $862 | $56,900 | $7,573 | $49,327 |
Source: Public Records
Map
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