NOT LISTED FOR SALE

2490 Albion Ave Fairmont, MN 56031

Estimated Value: $429,000 - $518,000

3 Beds
3.5 Baths
4,141 Sq Ft
$110/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $426,000 $103 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,912/month

111 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Home Office
  • 2 Car Attached Garage
  • No HOA
  • Home Gym
  • Entrance Foyer

About This Home

As of April 2024

Wake up to breathtaking views of Hall Lake right from your doorstep. This twin home offers direct access to the water, creating a serene and tranquil atmosphere.With three bedrooms, including a luxurious primary suite, and four well-appointed bathrooms, this home boasts over 3,200 square feet of thoughtfully designed living space. Furnace and central air were new in 2022, dock included.Don't miss the chance to own this beautiful twin home that seamlessly combines comfort, style, and lakeside living. Contact us to schedule a private viewing and experience the charm of lakeside life in Fairmont, MN.

Last Agent to Sell the Property

Wade Barslou

RE/MAX Total Realty Listed on: 11/09/2023

RE/MAX Total Realty

Last Buyer's Agent

Daniel Fitzgerald

RE/MAX TOTAL REALTY

RE/MAX TOTAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,726

Year Built

  • Built in 2005

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 50x274
  • 50 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Property Attached

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Utility Room
  • Home Gym
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Oak View Twnhms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233240020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,726

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 2721
  • Water Body Name: Hall
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: 8 ft+ Pour, Egress Window(s), Finished
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Water Osmosis System, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 4141
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1420
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Primary Bathroom, Laundry, Bathroom, Foyer, Bedroom 2, Office, Family Room, Exercise Room, Bedroom 3, Utility Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: Lake, West
  • PatioPorchType: Deck,Patio
  • Lake Acres: 548
  • LakeChain: N
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Shared Driveway, Garage Door Opener
  • Garage Square Feet: 518

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: 50x274
  • Lot Size Sq Ft: 13677.84
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 233240020
  • Tax Annual Amount: 6726
  • TaxWithAssessments: 6726.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Apr 5, 2024
Sold by
Kimm Kevin A and Kimm Sandra K
Bought by
Fisher Michael
Seller's Agent
Wade Barslou
RE/MAX Total Realty
Buyer's Agent
Daniel Fitzgerald
RE/MAX TOTAL REALTY
List Price
$449,000
Sold Price
$426,000
Premium/Discount to List
-$23,000
-5.12%
Views
258
Current Estimated Value
$457,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,062
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
Nov 24, 2015
Sold by
Doppler Marques Marques
Bought by
Kimm Kevin Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.97%

Purchase Details

Closed on
Sep 30, 2009
Sold by
Arthur Andrews Properties Llc
Bought by
Doppler Marques J and Doppler Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Krueger Kenneth R
Bought by
Arthur Andrews Properties Llc
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
Fisher Michael $426,000 Minnesota River Valley Title
Kimm Kevin Kevin $385,000 --
Doppler Marques J $360,000 None Available
Arthur Andrews Properties Llc $156,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kimm Kevin Kevin $308,000
Previous Owner Doppler Marques J $152,374
Previous Owner Doppler Marques J $170,000
Previous Owner Doppler Marques J $50,000
Previous Owner Arthur Andrews Properties Llc $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $426,000 -5.1% $103 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
11/10/2023 11/10/23 For Sale $449,000 -- $108 / 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 $5,832 $399,900 $60,000 $339,900
2024 $7,256 $434,500 $55,000 $379,500
2023 $6,726 $555,100 $50,000 $505,100
2022 $6,774 $487,700 $40,000 $447,700
2021 $5,276 $459,200 $40,000 $419,200
2020 $5,478 $376,100 $40,000 $336,100
2019 $5,344 $374,400 $40,000 $334,400
2018 $5,298 $363,200 $28,800 $334,400
2017 $4,936 $358,600 $28,435 $330,165
2016 $4,740 $358,600 $28,435 $330,165
2015 $3,867 $323,200 $28,147 $295,053
2013 $4,655 $335,000 $28,252 $306,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6457120

NorthstarMLS

APN: 233240020