265 200th Ave Fairmont, MN 56031
3
Beds
2
Baths
2,008
Sq Ft
1935
Built
Highlights
- 116 Feet of Waterfront
- Bonus Room
- The kitchen features windows
- Beach Access
- No HOA
- 3 Car Attached Garage
About This Home
As of September 2024Welcome to your dream lake home! Nestled on the shores of beautiful South Silver Lake, this west-facing gem offers breathtaking sunsets and idyllic setting for both relaxation and adventure. South Silver lake is one of two recreational lakes outside city limits. Step inside to discover an open floor plan designed to maximize natural light and lake views. The expansive living area flows seamlessly into a large kitchen, complete with a center island that's perfect for casual dining and entertaining. High-end finishes and ample cabinetry make this kitchen a chefs delight. Additional main floor conveniences include 2 spacious bedrooms, stunning bathroom with walk-in shower, and laundry. Enjoy the convenience of a triple garage (one stall heated), providing plenty of space for vehicles, watercraft, and storage. The finished walk-out basement is a true highlight, featuring a spacious family room, 1-2 bedrooms, and a large storage room. Don't miss the chance to own this piece of paradise!
Last Agent to Sell the Property
CENTURY 21 Northland Realty Brokerage Phone: 507-848-5641 Listed on: 05/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,184
Year Built
- Built in 1935
Lot Details
- 116 Feet of Waterfront
- Lake Front
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
Home Design
- Composition Roof
Interior Spaces
- 1-Story Property
- Family Room
- Living Room
- Bonus Room
- Storage Room
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Basement Storage
Outdoor Features
- Beach Access
Utilities
- Forced Air Heating and Cooling System
- Propane
- Water Filtration System
- Shared Water Source
- Well
- Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 170290200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2024
Closed on
Sep 13, 2024
Sold by
Ruppert Jacob J and Ruppert Abby K
Bought by
Larson Jonathan Scott and Larson Diane L
Seller's Agent
Tina Jette
CENTURY 21 Northland Realty
Buyer's Agent
Cheryl Krengel
JBeal Real Estate Group
List Price
$455,000
Sold Price
$450,000
Premium/Discount to List
-$5,000
-1.1%
Views
148
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,358
Avg. Annual Appreciation
12.54%
Original Mortgage
$360,000
Outstanding Balance
$356,334
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$140,024
Purchase Details
Closed on
Jul 29, 2011
Sold by
Jensen Rosalie L
Bought by
Ruppert Jacob J and Ruppert Abby K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Similar Homes in Fairmont, MN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | Minnesota River Valley Title | |
| Warranty Deed | $150,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | New Conventional | |
| Previous Owner | $110,000 | New Conventional | |
| Previous Owner | $46,000 | Commercial | |
| Previous Owner | $120,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2024 09/13/24 | Sold | $450,000 | -1.1% | $224 / Sq Ft |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- |
| 05/22/2024 05/22/24 | For Sale | $455,000 | -- | $227 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,242 | $349,800 | $122,100 | $227,700 |
| 2024 | $2,184 | $301,800 | $112,100 | $189,700 |
| 2023 | $1,882 | $301,800 | $112,100 | $189,700 |
| 2022 | $1,882 | $230,800 | $105,000 | $125,800 |
| 2021 | $1,476 | $196,300 | $99,800 | $96,500 |
| 2020 | $2,916 | $182,700 | $84,900 | $97,800 |
| 2019 | $2,992 | $176,700 | $78,900 | $97,800 |
| 2018 | $2,940 | $160,900 | $69,600 | $91,300 |
| 2017 | $2,910 | $138,100 | $59,737 | $78,363 |
| 2016 | $2,802 | $126,900 | $57,804 | $69,096 |
| 2015 | $1,065 | $126,900 | $57,804 | $69,096 |
| 2013 | $1,227 | $116,600 | $54,209 | $62,391 |
Source: Public Records
Agents Affiliated with this Home
-
Tina Jette
Seller's Agent in 2024
Tina Jette
CENTURY 21 Northland Realty
(507) 848-5641
87 Total Sales
-
Cheryl Krengel
Buyer's Agent in 2024
Cheryl Krengel
JBeal Real Estate Group
(507) 381-1411
84 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6539194
APN: 170290200
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