409 E 3rd St Fairmont, MN 56031
Estimated Value: $50,000 - $83,000
3
Beds
3
Baths
830
Sq Ft
$80/Sq Ft
Est. Value
About This Home
This home is located at 409 E 3rd St, Fairmont, MN 56031 and is currently estimated at $66,333, approximately $79 per square foot. 409 E 3rd St is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. John Vianney School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 13, 2023
Sold by
Klous Danny and Klous Andrea
Bought by
Njh Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Outstanding Balance
$248,552
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
-$182,219
Purchase Details
Closed on
Sep 12, 2023
Sold by
Klous Daniel E and Klous Andrea N
Bought by
Njh Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Outstanding Balance
$248,552
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
-$182,219
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
Dec 19, 2012
Sold by
Bank Plus
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
$328,310
Interest Rate
3.34%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 18, 2010
Sold by
Landmark Iv Llc
Bought by
Landmark Management Co
Purchase Details
Closed on
Jan 1, 2006
Sold by
Poetter Steven S and Poetter Kayla A
Bought by
Landmark Iv 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 |
---|---|---|---|
Njh Properties Llc | $317,500 | -- | |
Njh Properties Llc | $317,500 | Title Team | |
Klous Daniel E | $202,500 | None Available | |
Bank Plus | -- | None Available | |
Martin County Rental Resources Llc | $110,000 | Minnesota Abstract & Title C | |
Landmark Management Co | -- | None Available | |
Landmark Iv Llc | -- | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Njh Properties Llc | $254,000 | |
Closed | Njh Properties Llc | $254,000 | |
Previous Owner | Klous Daniel E | $202,000 | |
Previous Owner | Martin County Rental Resources Llc | $328,310 |
Source: Public Records
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 | $1,046 | $49,000 | $8,500 | $40,500 |
2024 | $1,096 | $49,000 | $8,500 | $40,500 |
2023 | $1,100 | $55,300 | $7,500 | $47,800 |
2022 | $1,046 | $51,200 | $8,200 | $43,000 |
2021 | $1,028 | $41,300 | $8,000 | $33,300 |
2020 | $964 | $41,300 | $8,000 | $33,300 |
2019 | $1,028 | $34,500 | $6,700 | $27,800 |
2018 | $962 | $29,600 | $5,700 | $23,900 |
2017 | $988 | $32,800 | $6,300 | $26,500 |
2016 | $1,062 | $36,400 | $7,000 | $29,400 |
2015 | $492 | $34,100 | $6,600 | $27,500 |
2013 | $329 | $23,800 | $6,300 | $17,500 |
Source: Public Records
Map
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