$78,000
SOLD JAN 21, 2025

227 S Elm St Fairmont, MN 56031

2 Beds
2 Baths
889 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

4% Above List Price

6 Days on Market

Highlights

  • No HOA
  • Entrance Foyer
  • Combination Dining and Living Room
  • The kitchen features windows
  • Forced Air Heating System

About This Home

As of January 2025

This 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!

Last Agent to Sell the Property

Kim Kreiss

EXIT Realty - Great Plains Listed on: 01/06/2025

EXIT Realty - Great Plains

Last Buyer's Agent

Brody Bents

RE/MAX TOTAL REALTY

RE/MAX TOTAL REALTY

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$865

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 889
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Sump Pump, Unfinished
  • Appliances: Dryer, Range, Refrigerator, Wall Oven, Washer
  • Living Area: 889
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Foyer, Kitchen, Dining Room, Living Room, Bathroom, Bedroom 1, Bedroom 2, Flex Room, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Gravel

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Tile Floors

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x150
  • Lot Size Sq Ft: 7492.32
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 232690630
  • Tax Annual Amount: 865
  • TaxWithAssessments: 934.0000

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%
Total Days on Market
6
Views
8
Current Estimated Value
$79,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,418
Avg. Annual Appreciation
4.99%

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
Source: Public Records

Range of Values:

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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 $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

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
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

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Map

Source: NorthstarMLS

MLS Number: 6645144

NorthstarMLS

APN: 232690630