Christine Thomas
LAKE SHORES & MORE REALTY
(507) 575-4664
69 Total Sales
1 in Fairmont
$112,000 Price
407 E 6th St Fairmont, MN 56031
Fairmont AreaEstimated Value: $122,086
3
Beds
3
Baths
1,680
Sq Ft
$73/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
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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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
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
$586
Avg. Annual Appreciation
0.17%
Original Mortgage
$97,200
Outstanding Balance
$94,649
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$27,437
Purchase Details
Closed on
Dec 27, 2006
Sold by
Riess Robert W and Riess Cynthia K
Bought by
Landmark I Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fairmont, MN
-
Christine Thomas
-
Heather Allen
Heather Allen
Leland Realty
(507) 568-6205
250 Total Sales
1 in Fairmont
$87,333 Price
-
Katie Slater
Katie Slater
NextHome at the Lakes
(712) 339-2094
121 Total Sales
2 in Fairmont
$290K - $428K Price Range
-
Matt Johnson
Matt Johnson
Leland Realty
(507) 528-8812
246 Total Sales
1 in Fairmont
$87,333 Price
-
Christopher Wasilensky
Christopher Wasilensky
Keller Williams Realty Integrity Lakes
(612) 261-0936
82 Total Sales
1 in Fairmont
$280,000 Price
-
Amanda Geiger
Amanda Geiger
Keller Williams Classic Realty
(507) 690-1605
39 Total Sales
2 in Fairmont
$168K - $170K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $121,500 | St Andrews Title & Exchange In | ||
| Landmark I Llc | $2,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $97,200 | ||
| Previous Owner | Marie Reigel Llp | $87,500 | |
| Previous Owner | Landmark I Llc | $56,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,304 | $117,700 | $2,000 | $115,700 |
| 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
Seller's Agent in 2023
Alexander Phippen
True Real Estate
(507) 525-6022
169 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6443249
APN: 231190010
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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