NOT LISTED FOR SALE

2528 Albion Ave Fairmont, MN 56031

Estimated Value: $329,000 - $511,000

3 Beds
2 Baths
1,686 Sq Ft
$235/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $379,000 $225 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,552/month

10 Days on Market

Highlights

  • 100 Feet of Waterfront
  • No HOA
  • Home Office
  • Family Room with Fireplace
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of January 2024

What a great opportunity to live on Fairmont's chain of lakes! Located on Hall Lake, this home has has a walk-out basement to make it easy to transition from the lake. The main floor features a dine-in kitchen and a walk through dining area, whichever you prefer. The living room and family room each feature a gas fire place. There's a full bath on each level to accommodate everyone. The lower level bath features a jet tub and walk-in shower. There are also two bedrooms on the main floor and one in the basement. The office is located in the basement along with two nice size storage rooms. There's a screened-in porch over looking the lake with a beautiful view. Call for your private showing today!

Last Agent to Sell the Property

Brad Anderson

Krueger Realty, Inc. Listed on: 12/07/2023

Last Buyer's Agent

Jim Draper

RE/MAX TOTAL REALTY

RE/MAX TOTAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,823

Year Built

  • Built in 1951

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 95x160
  • 100 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Screened Porch
  • Storage Room
  • Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Storage
  • Natural lighting in basement

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 232270150

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,823

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 864
  • Water Body Name: Hall
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 47 x 27
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Finished, Storage Space, Walkout
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 1686
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 822
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Screened Porch, Bedroom 1, Bedroom 2, Family Room, Bedroom 3, Office, Utility Room, Storage

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Patio
  • Lake Acres: 548
  • LakeChain: N
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 500
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • 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: No
  • Lot Size: 95x160
  • Lot Size Sq Ft: 15246
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 232270150
  • Tax Annual Amount: 3823
  • TaxWithAssessments: 3892.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Jan 22, 2024
Sold by
Johnson Brian
Bought by
Scholl Jeffrey and Scholl Dana
Seller's Agent
Brad Anderson
Krueger Realty, Inc.
Buyer's Agent
Jim Draper
RE/MAX TOTAL REALTY
List Price
$430,000
Sold Price
$379,000
Premium/Discount to List
-$51,000
-11.86%
Views
56
Current Estimated Value
$395,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,655
Avg. Annual Appreciation
-0.90%
Original Mortgage
$284,250
Outstanding Balance
$267,960
Interest Rate
5.96%
Mortgage Type
New Conventional
Estimated Equity
$105,643
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
Scholl Jeffrey $379,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scholl Jeffrey $284,250
Previous Owner Johnson Brian $96,000
Previous Owner Johnson Brian Lynn $207,600
Previous Owner Johnson Brian $227,712
Previous Owner Johnson Brian $49,000
Previous Owner Johnson Brian $191,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $379,000 -11.9% $225 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/11/2023 12/11/23 For Sale $430,000 -- $255 / 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 $4,762 $361,500 $123,000 $238,500
2024 $4,074 $348,500 $110,000 $238,500
2023 $3,892 $322,900 $100,000 $222,900
2022 $3,412 $289,800 $80,000 $209,800
2021 $2,770 $242,400 $80,000 $162,400
2020 $2,882 $209,900 $80,000 $129,900
2019 $2,722 $209,300 $80,000 $129,300
2018 $2,792 $203,000 $57,500 $145,500
2017 $2,184 $152,900 $50,411 $102,489
2016 $2,100 $152,900 $50,411 $102,489
2015 $1,867 $153,300 $50,428 $102,872
2013 $2,241 $158,000 $50,726 $107,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6466764

NorthstarMLS

APN: 232270150