NOT LISTED FOR SALE

2525 Albion Ave Fairmont, MN 56031

Estimated Value: $117,000 - $198,000

2 Beds
1 Bath
1,128 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 01, 2012

Last sale price $46,100 $41 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $914/month

53 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of August 2012

What a great spot! Nice shaded property in a great location! This is priced way below assessed value. Yes it needs a little updating but everything on one level with an extra room that used to be the garage to use for what every your needs are, there is electric and plumbing run out there with a separate gas heater, room has been previously used for a salon. With a waiting area, coat room. I am sure this could be converted back to the attached garage with little effort. Basement is full with plenty of potential for a family room and a bedroom. Just add egress! Call today for a view of this property, it won't last long!

Last Agent to Sell the Property

Karen Mussmann

Countywide-Fairmont Listed on: 05/10/2012

Last Buyer's Agent

Karen Mussmann

Countywide-Fairmont Listed on: 05/10/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,282

Year Built

  • 1963

Lot Details

  • 9,191

Parking

  • Driveway

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 232370070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,282

Year Built

1963

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Driveway - Concrete
  • Assessment Balance: 145.87
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Parcel Number: 232370070
  • Projected Closed Date: 08/01/2012
  • Rental License: Yes
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 858
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 20x13, On Level: Main
  • Room 2: Dining Room, 10x8, On Level: Main
  • Room 3: Kitchen, 6x8, On Level: Main
  • Room 4: Bedroom, 10x12, On Level: Main
  • Room 5: Master Bedroom, 12x12, On Level: Main
  • Room 10: Other, 12x15, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1128
  • Total Fin Square Footage: 1128
  • Total Square Footage: 2256

Exterior Features

  • Frontage Road: City
  • Exterior: Wood
  • Roof: Asphalt Shingles

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 9396
  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2012
Closed on
Aug 1, 2012
Sold by
Secretary Of Hud
Bought by
Poetter Jeffrey
Seller's Agent
Karen Mussmann
Countywide-Fairmont
Buyer's Agent
Karen Mussmann
Countywide-Fairmont
List Price
$49,000
Sold Price
$46,100
Premium/Discount to List
-$2,900
-5.92%
Current Estimated Value
$148,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,344
Avg. Annual Appreciation
8.47%
Original Mortgage
$36,900
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 15, 2011
Sold by
County Of Martin
Bought by
Secretary Of Hud
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Poetter Jeffrey -- None Available
Secretary Of Hud -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Poetter Jeffrey $36,900
Closed Poetter Jeffrey J $36,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2012 08/01/12 Sold $46,100 -5.9% $41 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $49,000 -- $43 / 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 $1,282 $90,100 $27,700 $62,400
2024 $1,556 $90,100 $27,700 $62,400
2023 $1,498 $117,300 $18,100 $99,200
2022 $1,236 $104,700 $18,800 $85,900
2021 $1,184 $79,900 $17,500 $62,400
2020 $1,232 $79,900 $17,500 $62,400
2019 $1,146 $79,900 $17,500 $62,400
2018 $1,104 $71,100 $14,900 $56,200
2017 $986 $67,700 $14,200 $53,500
2016 $950 $67,700 $14,200 $53,500
2015 $809 $67,800 $14,300 $53,500
2013 $818 $59,100 $12,500 $46,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Karen Mussmann

    Countywide-Fairmont

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4274095

REALTOR® Association of Southern Minnesota

APN: 232370070

Minnesota Martin County Fairmont 56031

2525 Albion Ave, Fairmont, MN

This home is located at 2525 Albion Ave, Fairmont, MN 56031 since 10 May 2012 and is currently estimated at $148,444, approximately $131 per square foot. This property was built in 1963. 2525 Albion Ave is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. John Vianney School.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes