$142,000
SOLD AUG 26, 2025

216 E 2nd St Fairmont, MN 56031

4 Beds
2 Baths
2,023 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

9% Above List Price

22 Days on Market

About This Home

As of August 2025

Ideally situated near downtown Fairmont and just steps from the library, this charming and versatile duplex is full of character and convenience. Each unit offers 2 comfortable bedrooms, a full kitchen equipped with a refrigerator, stove, and microwave, and the convenience of in-unit washer and dryer. The main floor apartment features beautiful hardwood floors and a cozy, decorative fireplace that adds timeless charm and a welcoming feel. Whether you're looking for a smart investment property or a home with rental income potential, this duplex delivers. With its prime location, walkable neighborhood, and easy access to shops, dining, parks, and community amenities, it’s a truly handy and desirable place to call home.

Last Agent to Sell the Property

Julie Liljenquist

Edina Realty Listed on: 07/07/2025

Edina Realty

Last Buyer's Agent

Paul Determan

RE/MAX TOTAL REALTY

RE/MAX TOTAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 41 x 104
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,023 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Hot Water Heating System
  • Boiler Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 230401840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,603

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1929
  • Above Grade Finished Sq Ft: 2023
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Unfinished
  • Living Area: 2023
  • Basement YN: Yes
  • Appliances: Dryer,Microwave,Range
  • Number Of Fireplaces: 1
  • Appliances: Dryer,Microwave,Range
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Fuses
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 41 x 104
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 5913.8000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 230401840
  • Tax Annual Amount: 1603
  • TaxWithAssessments: 1672.0000

Multi Family

  • FuelExpense: 1321.47
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2025
Closed on
Aug 25, 2025
Sold by
Anderson Edroy J and Anderson Judy C
Bought by
Benschoter Tyler
Seller's Agent
Julie Liljenquist
Edina Realty
Buyer's Agent
Paul Determan
RE/MAX TOTAL REALTY
List Price
$130,000
Sold Price
$142,000
Premium/Discount to List
$12,000
9.23%
Views
69
Current Estimated Value
$141,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$979
Avg. Annual Appreciation
-2.07%
Original Mortgage
$113,600
Outstanding Balance
$113,600
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$27,421
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $142,000 Title Team
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $113,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2025 08/26/25 Sold $142,000 +9.2% $70 / Sq Ft
07/29/2025 07/29/25 Pending -- -- --
07/07/2025 07/07/25 For Sale $130,000 -- $64 / 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 $1,672 $119,200 $9,400 $109,800
2024 $1,232 $119,100 $9,400 $109,700
2023 $1,362 $91,800 $8,000 $83,800
2022 $1,146 $94,700 $8,700 $86,000
2021 $1,096 $73,700 $8,500 $65,200
2020 $964 $73,500 $8,500 $65,000
2019 $934 $61,500 $7,100 $54,400
2018 $832 $52,400 $6,100 $46,300
2017 $966 $58,000 $6,700 $51,300
2016 $1,020 $64,300 $7,500 $56,800
2015 $745 $62,600 $7,000 $55,600
2013 $856 $61,800 $6,700 $55,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6751078

NorthstarMLS

APN: 230401840