NOT LISTED FOR SALE

2326 40th St Fairmont, MN 56031

Estimated Value: $255,000 - $295,000

2 Beds
1 Bath
1,846 Sq Ft
$152/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $85,000 $46 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,722/month

110 Days on Market

Highlights

  • Barn
  • Reverse Osmosis System
  • Eat-In Kitchen
  • Stables
  • Wood Flooring
  • Woodwork

About This Home

As of April 2015

Want the pleasure of country living with the convenience of being close to town? Then this acreage is for you! The home has two bedrooms upstairs with walk-in closets and a full bath. The kitchen is on the main floor along with a spacious family room and living room which both have beamed ceilings. Although the house has 60 amp fuses, underground wiring has been installed right up to the outside to facilitate switching to breakers if desired. The main area of the house has new roofing installed in 2012. Air conditioner also installed 2012. The furnace is about four years old. The 36x54 barn is well built and has several spacious stalls for horses or livestock. There is a separate tack room with a door and the whole building has electricity with a separate breaker box inside. The 7.45 acres have electrified fencing throughout. There are lovely views out over the rolling countryside from most windows. An additional six acres, adjoining, with grain bins may also be available.

Last Agent to Sell the Property

Gillian Tunnell

CENTURY 21 Northland Realty Listed on: 11/16/2014

Last Buyer's Agent

MEMBER NON

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,716

Year Built

  • 1906

Lot Details

  • 7.45 Acre Lot
  • Property fronts a county road
  • Electric Fence
  • Irregular Lot

Parking

  • Gravel Driveway

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior
  • Cement Board or Planked

Interior Spaces

  • 1,846 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Patio
  • Storage Shed

Farming

  • Barn
  • Tillable Land
  • Hobby or Recreation Farm

Horse Facilities and Amenities

  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Underground Utilities
  • Water Filtration System
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 17.014.0450

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,716

Year Built

1906

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Walk-In Closet
  • Amenities Exterior: Driveway - Gravel, Electric Fenced, Patio
  • Estimated Number of Acres: 7.45
  • Construction: Previously Owned
  • Hobby Farm: Yes
  • Mechanicals: Fuel Tank-Rented, Water Filtration System, Water Heater-Electric, Water Osmosis System, Water Softener-Owned
  • Parcel Number: 17.014.0450
  • Remodeled Addition: Yes
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 822
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1906

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Range/Stove
  • Total Bedrooms: 2
  • Bathroom Description: Upper Level Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 11.3x14, On Level: Main
  • Room 2: Family Room, 17.4x19, On Level: Main
  • Room 3: Kitchen, 17x13.5, On Level: Main
  • Room 4: Dining Room, 23x11.25, On Level: Main
  • Room 5: Bedroom, 13.8x13, On Level: Upper
  • Room 6: Bedroom, 11.9x17.4, On Level: Upper
  • Room 7: On Level: Upper
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1846
  • Total Fin Square Footage: 1846
  • Total Square Footage: 3052

Exterior Features

  • Frontage Road: County, Gravel
  • Construction Type: Frame/Wood
  • Exterior: Cement Board, Stucco
  • Out Buildings: Barn, Stable, Storage Shed
  • Roof: Asphalt Shingles, Flat

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Granada Huntley-E. Chain #2536

Lot Info

  • Estimated Lot Dimensions: 7.45 AC
  • Lot/Land Description: Irregular Lot, Tillable, Underground Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2019
Sold by
Jostad Kirk R and Jostad Rochelle M
Bought by
Gonzalez Andrew and Gonzalez Katy
Current Estimated Value
$281,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$99,210
Interest Rate
5.25%
Mortgage Type
USDA
Estimated Equity
$181,926

Purchase Details

Listed on
Nov 16, 2014
Closed on
Apr 24, 2015
Sold by
Skow Debra Debra
Bought by
Jostad Kirk Kirk
Seller's Agent
Gillian Tunnell
CENTURY 21 Northland Realty
Buyer's Agent
MEMBER NON
NON MEMBER FIRM
List Price
$125,000
Sold Price
$85,000
Premium/Discount to List
-$40,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$68,000
Interest Rate
3.65%

Purchase Details

Closed on
Jan 17, 2014
Sold by
Meyeraan William and Fitzgerald Skow Zachary Caldwell
Bought by
Skow Debra Ann
Source: Public Records

Range of Values:

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Average Value
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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
Gonzalez Andrew $125,000 Compeer Title Services
Jostad Kirk Kirk $85,000 --
Skow Debra Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Andrew $110,000
Previous Owner Jostad Kirk Kirk $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $85,000 -32.0% $46 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
11/16/2014 11/16/14 For Sale $125,000 -- $68 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,716 $296,300 $112,900 $183,400
2024 $2,728 $269,900 $102,900 $167,000
2023 $2,482 $268,400 $102,900 $165,500
2022 $2,466 $225,200 $88,700 $136,500
2021 $2,390 $203,700 $77,600 $126,100
2020 $1,612 $200,800 $77,600 $123,200
2019 $1,820 $123,300 $64,600 $58,700
2018 $1,938 $125,100 $64,600 $60,500
2017 $1,282 $72,100 $31,845 $40,255
2016 $1,104 $72,400 $31,882 $40,518
2015 $875 $55,600 $28,909 $26,691
2013 $1,093 $63,500 $25,359 $38,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4697812

REALTOR® Association of Southern Minnesota

APN: 170140450