NOT LISTED FOR SALE

24 Service Ln Fairmont, MN 56031

Estimated Value: $445,000 - $525,000

5 Beds
2.5 Baths
3,627 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $280,000 $77 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,816/month

149 Days on Market

Highlights

  • 116 Feet of Waterfront
  • Beach Access
  • Deck
  • Docks
  • Open Floorplan
  • 3 Car Attached Garage

About This Home

As of September 2014

This beautiful 5 bedroom home overlooks South Silver Lake. It has 116 feet of lake shore, a dock, newer stairs going down to the lake, triple garage and a large lot with shed. LP tank is owned. The main floor has a formal living room/dining room, kitchen with center island that opens to a large family room. Off the family room is a 3 season porch and deck. The master bedroom has a walk-in closet and master bath with separate tub and shower. Also on the main floor is a half bath and laundry room. Upstairs you will find 3 bedrooms and a full bath. In the basement there is an office, bedroom and huge family/rec-room. The seller is including a Home Warranty Plan for the buyer. The septic is not in compliance.

Last Agent to Sell the Property

Cinde Andersen

CENTURY 21 Northland Realty Listed on: 04/02/2014

Last Buyer's Agent

Cinde Andersen

CENTURY 21 Northland Realty Listed on: 04/02/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,506

Year Built

  • 1993

Lot Details

  • Lot Dimensions are 116x307
  • 116 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Ceiling Fan
  • Free Standing Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Finished Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 17.735.0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,506

Year Built

1993

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Home Warranty, Kitchen Center Island, Natural Woodwork, Walk-In Closet
  • Amenities Exterior: Deck, Dock, Driveway - Concrete, Driveway - Gravel
  • Beach Type: Gravel
  • Construction: Previously Owned
  • Mechanicals: Fuel Tank-Owned, Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 17.735.0100
  • Room 18: Bedroom, 13x15, On Level: Basement
  • Stories: 2 Story
  • Street Designation: Drive
  • Taxes With Assessments: 2162
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Dining Room: Combine with Living Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Free Standing
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 17x12, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 3: Kitchen, 10x14, On Level: Main
  • Room 4: Family Room, 25x15, On Level: Main
  • Room 5: Master Bedroom, 16x13, On Level: Main
  • Room 6: Bathroom, On Level: Main
  • Room 7: 16x6, On Level: Main
  • Room 8: Porch, 15x8, On Level: Main
  • Room 9: Bathroom, On Level: Main
  • Room 10: Bedroom, 12x15.5, On Level: Upper
  • Room 11: Bedroom, 10x12, On Level: Upper
  • Room 12: Bedroom, 10.5x10.5, On Level: Upper
  • Room 13: Other, 10x11, On Level: Upper
  • Room 14: Bathroom, On Level: Upper
  • Room 15: Den/Office, 11x13, On Level: Basement
  • Room 16: Family Room, 22x14, On Level: Basement
  • Room 17: Rec Room, 14x25, On Level: Basement
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2370
  • Below Grade Finished Sq Ft: 1257
  • Total Fin Square Footage: 3627
  • Total Square Footage: 3627

Exterior Features

  • Frontage Road: County, Gravel, Private
  • Lake Class: Recreational Development
  • Waterfront Name: South Silver
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 116
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 116x307
  • Lot/Land Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2014
Closed on
Sep 26, 2014
Sold by
Keith Richard N and Keith Janet A
Bought by
Yahnke Joseph and Yahnke Denise
Seller's Agent
Cinde Andersen
CENTURY 21 Northland Realty
Buyer's Agent
Cinde Andersen
CENTURY 21 Northland Realty
List Price
$335,000
Sold Price
$280,000
Premium/Discount to List
-$55,000
-16.42%
Current Estimated Value
$474,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,186
Avg. Annual Appreciation
4.89%
Original Mortgage
$185,000
Outstanding Balance
$141,882
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$332,304
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
Yahnke Joseph $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yahnke Joseph $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2014 09/29/14 Sold $280,000 -16.4% $77 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $335,000 -- $92 / 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 $3,506 $471,500 $123,700 $347,800
2024 $3,446 $456,500 $113,700 $342,800
2023 $3,144 $468,400 $113,700 $354,700
2022 $2,802 $371,100 $106,300 $264,800
2021 $2,838 $310,400 $101,000 $209,400
2020 $2,998 $329,900 $85,500 $244,400
2019 $3,046 $323,900 $79,500 $244,400
2018 $2,898 $297,900 $69,800 $228,100
2017 $2,758 $287,500 $67,363 $220,137
2016 $2,448 $265,300 $66,707 $198,593
2015 $2,075 $255,100 $66,391 $188,709
2013 $2,445 $241,000 $62,681 $178,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4598426

REALTOR® Association of Southern Minnesota

APN: 177350100