227 S Elm St Fairmont, MN 56031
2
Beds
2
Baths
889
Sq Ft
7,492
Sq Ft Lot
Highlights
- No HOA
- Entrance Foyer
- Combination Dining and Living Room
- The kitchen features windows
- Forced Air Heating System
About This Home
As of January 2025This charming 2BR/2BA home offers practical living at a great price! Fresh interior paint throughout! The main floor includes the large kitchen with ample cabinetry and counter space with room for a small table and chairs. The adjoining dining/living room is filled with natural light. A convenient 3/4 bath with tile floors, and back door entry (also with tile floors) completes the main level. Upstairs, you'll find two cozy bedrooms and a versatile flex room that could easily serve as an office, or potential third bedroom. There is a full bathroom upstairs as well. The basement features laundry along with room for storage. Off street parking next to the house, plus alley access in back. Take advantage of the home's central location—just down the street from the Red Rock Center, a convenience store, and more. This home is ideal for those seeking both comfort and proximity to local amenities. All appliances stay. No garage. Great starter home-here's your chance to buy instead of rent!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $865
Year Built
- Built in 1915
Lot Details
- 7,492 Sq Ft Lot
- Lot Dimensions are 50x150
Home Design
- Flex
Interior Spaces
- 889 Sq Ft Home
- 1.5-Story Property
- Entrance Foyer
- Combination Dining and Living Room
Kitchen
- Built-In Oven
- Range
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- W & J Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 232690630
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2025
Closed on
Jan 21, 2025
Sold by
Klous Danny and Klous Daniel Eric
Bought by
Berg Dominique and Berg Laura
Seller's Agent
Kim Kreiss
EXIT Realty - Great Plains
Buyer's Agent
Brody Bents
RE/MAX TOTAL REALTY
List Price
$74,900
Sold Price
$78,000
Premium/Discount to List
$3,100
4.14%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,274
Avg. Annual Appreciation
3.00%
Purchase Details
Closed on
Aug 16, 2010
Sold by
Secretary Of Hud
Bought by
Klous Daniel Eric
Purchase Details
Closed on
Jul 31, 2007
Sold by
Heupel Scott and Heupel Mary
Bought by
Hogbee Rosaura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,073
Interest Rate
7.5%
Mortgage Type
FHA
Similar Homes in Fairmont, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $78,000 | Title Team | |
| Limited Warranty Deed | -- | None Available | |
| Warranty Deed | $60,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $188,000 | Credit Line Revolving | |
| Previous Owner | $59,073 | FHA | |
| Previous Owner | $44,625 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/21/2025 01/21/25 | Sold | $78,000 | -8.1% | $88 / Sq Ft |
| 01/12/2025 01/12/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | Price Changed | $84,900 | +13.4% | $96 / Sq Ft |
| 01/06/2025 01/06/25 | For Sale | $74,900 | -- | $84 / Sq Ft |
Source: NorthstarMLS
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 | $1,008 | $69,800 | $11,300 | $58,500 |
| 2024 | $934 | $69,800 | $11,300 | $58,500 |
| 2023 | $798 | $68,300 | $14,200 | $54,100 |
| 2022 | $728 | $53,400 | $15,300 | $38,100 |
| 2021 | $698 | $45,100 | $15,300 | $29,800 |
| 2020 | $642 | $45,100 | $15,300 | $29,800 |
| 2019 | $624 | $39,300 | $13,400 | $25,900 |
| 2018 | $588 | $35,700 | $12,200 | $23,500 |
| 2017 | $576 | $37,500 | $12,800 | $24,700 |
| 2016 | $534 | $35,700 | $12,200 | $23,500 |
| 2015 | $469 | $39,300 | $13,200 | $26,100 |
| 2013 | $513 | $37,000 | $12,000 | $25,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Kreiss
Seller's Agent in 2025
Kim Kreiss
EXIT Realty - Great Plains
(507) 848-8102
194 in this area
311 Total Sales
-
Brody Bents
Buyer's Agent in 2025
Brody Bents
RE/MAX
29 in this area
43 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6645144
APN: 232690630
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 408 S Prairie Ave
- 101 Albion Ave Unit 202
- 216 E 2nd St
- 418 Forest St
- 417 Victoria St
- 515 S Hampton St
- 610 Victoria St
- 620 E 3rd St
- 232 S Dewey St Unit 105
- 214 E 5th St
- 835 S Park St
- 408 E 6th St
- 922 E 1st St
- 875 Redwood Dr
- 423 N Dewey St
- 118 Circle Dr
- 118 118 Circle St
- 125 Homewood Dr
- 915 S Hampton St
- 306 Blinkman St