NOT LISTED FOR SALE

402 N Elm St Fairmont, MN 56031

Estimated Value: $40,000 - $73,000

2 Beds
1 Bath
943 Sq Ft
$65/Sq Ft Est. Value

About This Home

This home is located at 402 N Elm St, Fairmont, MN 56031 and is currently estimated at $61,000, approximately $64 per square foot. 402 N Elm St is a home with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. Paul Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Klous Danny and Klous Andrea
Bought by
Harris Nicholas
Current Estimated Value
$61,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Outstanding Balance
$254,881
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$193,881

Purchase Details

Closed on
Sep 15, 2014
Sold by
Bank Plus
Bought by
Klous Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
4.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 8, 2014
Sold by
Martin County Rental Resources Llc
Bought by
Bank Plus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
4.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 7, 2009
Sold by
Landmark Ii Llc
Bought by
Martin County Rental Resources Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Carlson Jessi M and Carlson Matthew C
Bought by
Landmark Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.62%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Harris Nicholas $265,000 --
Klous Daniel E $202,500 None Available
Bank Plus -- None Available
Martin County Rental Resources Llc $50,000 None Available
Landmark Iii Llc $30,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Nicholas $263,000
Previous Owner Klous Daniel E $202,000
Previous Owner Martin County Rental Resources Llc $100,000
Previous Owner Landmark Iii Llc $25,000
Source: Public Records

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 $1,032 $53,300 $7,200 $46,100
2024 $976 $55,700 $7,200 $48,500
2023 $898 $54,300 $4,400 $49,900
2022 $774 $44,200 $5,100 $39,100
2021 $764 $30,100 $4,400 $25,700
2020 $790 $30,100 $4,400 $25,700
2019 $698 $30,100 $4,400 $25,700
2018 $662 $22,700 $3,300 $19,400
2017 $630 $21,400 $3,100 $18,300
2016 $654 $23,600 $3,400 $20,200
2015 $248 $20,800 $3,100 $17,700
2013 $289 $20,800 $3,200 $17,600
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

402 N Elm St, Fairmont, MN

This home is located at 402 N Elm St, Fairmont, MN 56031 and is currently estimated at $61,000, approximately $64 per square foot. 402 N Elm St is a home with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. Paul Lutheran 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.

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