Seller's Agent in 2023
Alexander Phippen
True Real Estate
(507) 525-6022
28 in this area
169 Total Sales
407 E 6th St Fairmont, MN 56031
Estimated Value: $74,000 - $138,000
3
Beds
3
Baths
1,680
Sq Ft
$69/Sq Ft
Est. Value
Highlights
- Wheelchair Ramps
- 1-Story Property
- Forced Air Heating System
About This Home
As of November 2023Your chance to own a triplex! Come and see this income producing asset and get your foot in the door of real estate investing. This triplex has three units roughly the same size each with sub metered utilities to make leasing units easier. Don't wait call today.
Last Agent to Sell the Property
True Real Estate Brokerage Email: alexp@truerealestatemn.com Listed on: 10/04/2023
Last Buyer's Agent
True Real Estate Brokerage Email: alexp@truerealestatemn.com Listed on: 10/04/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $977
Year Built
- Built in 1940
Lot Details
- 3,920
Home Design
- Triplex
- Flat Roof Shape
- Vinyl Siding
Interior Spaces
- 1,680 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Additional Features
- Wheelchair Ramps
- Lot Dimensions are 53 x 75
- Forced Air Heating System
Community Details
- 3 Units
- Gambles Ext Subdivision
Listing and Financial Details
- Assessor Parcel Number 231190010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2023
Closed on
Nov 15, 2023
Sold by
Marie Riegel Llp
Bought by
Gstd Llc
Seller's Agent
Alexander Phippen
True Real Estate
Buyer's Agent
Alexander Phippen
True Real Estate
List Price
$149,900
Sold Price
$121,500
Premium/Discount to List
-$28,400
-18.95%
Views
162
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
-$6,162
Avg. Annual Appreciation
-2.63%
Original Mortgage
$97,200
Outstanding Balance
$95,501
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$19,837
Purchase Details
Closed on
Dec 27, 2006
Sold by
Riess Robert W and Riess Cynthia K
Bought by
Landmark I Llc
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gstd Llc | $121,500 | St Andrews Title & Exchange In | |
| Landmark I Llc | $2,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gstd Llc | $97,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2023 11/15/23 | Sold | $121,500 | -18.9% | $72 / Sq Ft |
| 10/22/2023 10/22/23 | Pending | -- | -- | -- |
| 10/04/2023 10/04/23 | For Sale | $149,900 | -- | $89 / 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 | $1,950 | $116,600 | $2,000 | $114,600 |
| 2024 | $1,040 | $106,200 | $2,000 | $104,200 |
| 2023 | $1,184 | $54,100 | $4,000 | $50,100 |
| 2022 | $936 | $58,800 | $4,600 | $54,200 |
| 2021 | $876 | $41,000 | $4,000 | $37,000 |
| 2020 | $820 | $39,100 | $3,800 | $35,300 |
| 2019 | $786 | $34,500 | $3,400 | $31,100 |
| 2018 | $798 | $33,600 | $3,300 | $30,300 |
| 2017 | $710 | $30,600 | $3,000 | $27,600 |
| 2016 | $628 | $26,700 | $2,600 | $24,100 |
| 2015 | $397 | $27,400 | $2,600 | $24,800 |
| 2013 | $501 | $30,000 | $2,700 | $27,300 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Phippen
Map
Source: NorthstarMLS
MLS Number: 6443249
APN: 231190010
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