NOT LISTED FOR SALE

307 E 1st St Fairmont, MN 56031

Estimated Value: $172,000 - $240,000

2 Beds
2.5 Baths
1,864 Sq Ft
$109/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $209,500 $112 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,163/month

32 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Den
  • Stainless Steel Appliances
  • No HOA
  • Built-In Double Oven
  • The kitchen features windows

About This Home

As of October 2024

This charming two-story home in the delightful town of Fairmont beautifully blends industrial style with classic charm through its unique and modern updates.
The main level has been opened up to allow the living, dining, and kitchen areas to flow seamlessly. The brick fireplace, updated with a gas insert and modern mantle, serves as a cozy focal point in the living room. New flooring, recessed lighting, and an open stairway enhance the home's contemporary feel.
The kitchen shines with fresh sheetrock, trim, new electrical work, and custom cabinetry, complemented by stainless steel appliances, including a double oven and stylish undercounter fridge drawers. A quartz island with seating and a coffee bar adds both functionality and flair.
Industrial accents like exposed brick and ductwork, steel beams, rustic pipe railing, and modern light fixtures are perfectly balanced with traditional elements such as the original arched front door, paned windows, original hardware, and crisp white trim.
Upstairs, two spacious bedrooms offer comfort and style. The primary bedroom features a newly installed electric fireplace in a cozy window nook and wood look floors. The second bedroom features carpet and ceiling fan.
The full bath has been updated with bold wallpaper and a fresh coat of paint, while the large walk-in closet includes a vanity and a window for natural light.
The lower level is equally impressive, and continues the industrial theme with galvanized walls, an open ceiling, and rustic wood accents. The family room is finished with low-maintenance vinyl flooring and painted open ceiling. An additional partially finished room with cabinets and countertops provides flexibility as an office or hobby space.
The laundry room has been thoughtfully updated to include a 3/4 bathroom with a shower.
Outside, the brick-lined driveway leads to a one-car garage. The expansive backyard is home to a 20x9 outbuilding, and a stunning 15x10 tile patio, partially covered and perfect for relaxation.
The home's updates are extensive, including foam insulation in exterior walls, R50 attic insulation, drain tile, new exterior doors, and landscaping.
Located in a fantastic central location, this home is just four blocks from downtown Fairmont, two blocks from Veterans Park, and half a mile from Lake Sisseton, making it a true gem in the heart of the town.

Last Agent to Sell the Property

Daniel Desrochers

eXp Realty Brokerage Phone: 612-688-7024 Listed on: 08/29/2024

eXp Realty

Co-Listed By

Justin Prince

eXp Realty Brokerage Phone: 612-688-7024

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1929

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 50x114
  • Few Trees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Brick Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Village/Fairmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 230401780

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,156

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1929
  • Above Grade Finished Sq Ft: 1306
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-688-7024
  • Attribution Contact: 612-688-7024
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Finished, Full
  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Fireplace Features: Brick, Electric, Gas, Living Room, Primary Bedroom
  • Living Area: 1864
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 558
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Walk In Closet, Family Room, Laundry, Den

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Other Structures: Storage Shed
  • PatioPorchType: Covered,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Kitchen Window,Patio,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x114
  • Lot Size Sq Ft: 5619.24
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 230401780
  • Tax Annual Amount: 1156
  • TaxWithAssessments: 1156.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 11, 2024
Sold by
Johnson Dayna L and Johnson Michael E
Bought by
Johnson Logan
Seller's Agent
Daniel Desrochers
eXp Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$205,000
Sold Price
$209,500
Premium/Discount to List
$4,500
2.2%
Views
16
Current Estimated Value
$202,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,781
Avg. Annual Appreciation
-2.77%
Original Mortgage
$203,215
Outstanding Balance
$201,079
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,640

Purchase Details

Closed on
Aug 13, 2018
Sold by
Peterson Samuel John
Bought by
Johnson Michael E and Johnson Dayna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,095
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2017
Sold by
Maier Jay C
Bought by
Peterson Samuel John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Logan $209,500 Flex Title Company Llc
Johnson Michael E $113,500 None Available
Peterson Samuel John $56,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Logan $203,215
Previous Owner Johnson Michael E $110,095
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $209,500 +2.2% $112 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $205,000 0.0% $110 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $205,000 -- $110 / 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 $1,214 $152,700 $12,100 $140,600
2024 $1,156 $116,600 $12,100 $104,500
2023 $1,218 $109,300 $9,600 $99,700
2022 $918 $108,100 $10,400 $97,700
2021 $870 $84,000 $10,000 $74,000
2020 $732 $84,000 $10,000 $74,000
2019 $654 $70,200 $8,400 $61,800
2018 $590 $53,700 $7,200 $46,500
2017 $824 $35,800 $4,805 $30,995
2016 $872 $39,700 $5,345 $34,355
2015 $512 $38,900 $4,975 $33,925
2013 $601 $38,800 $4,745 $34,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6593521

NorthstarMLS

APN: 230401780