NOT LISTED FOR SALE

412 E 4th St Fairmont, MN 56031

Estimated Value: $83,000 - $114,873

3 Beds
1 Bath
1,276 Sq Ft
$80/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $90,000 $71 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $600/month

52 Days on Market

Highlights

  • Mud Room
  • Living Room
  • Dining Room
  • No HOA
  • Forced Air Heating System
  • Wood Siding

About This Home

As of December 2023

What a great home at a great price! This 3BR/1BA home is centrally located and close to downtown Fairmont. Many great features including a large mudroom to drop coats, boots and bags. Large kitchen where appliances stay! One small door in the kitchen is to storage closet under the stairs-great added space! Another door in the kitchen is to the main floor laundry! From the kitchen, you'll enter into the dining room and living room-both open to each other with many windows providing natural daylight. The front entry comes into the living room, and a small bedroom/office is also off the living room. The stairs to upstairs are between the mudroom and kitchen and lead you to the 2 bedrooms and updated 3/4 bathroom. One of the bedrooms upstairs is smaller, while the primary bedroom is very large. The basement is unfinished but cleaned up nicely for your storage. Outside you have a huge yard, and possibly room to build a garage, if needed, with alley access. Fresh paint throughout the house.

Last Agent to Sell the Property

Kim Kreiss

EXIT Realty - Great Plains Listed on: 10/26/2023

EXIT Realty - Great Plains

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,124

Year Built

  • Built in 1890

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 75x156
  • Irregular Lot
  • Few Trees

Home Design

  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,276 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Living Room
  • Dining Room
  • Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Youngs Ext Subdivision

Listing and Financial Details

  • Assessor Parcel Number 232730230

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,124

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 1276
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Appliances: Range, Refrigerator
  • Living Area: 1276
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Mud Room, Bedroom 2, Bedroom 3

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Gravel

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x156
  • Lot Size Sq Ft: 11674.08
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 232730230
  • Tax Annual Amount: 1124
  • TaxWithAssessments: 1566.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 29, 2023
Sold by
Klous Daniel and Klous Andrea
Bought by
Hodge Taylor and Hodge James
Seller's Agent
Kim Kreiss
EXIT Realty - Great Plains
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$83,900
Sold Price
$90,000
Premium/Discount to List
$6,100
7.27%
Views
99
Current Estimated Value
$102,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,468
Avg. Annual Appreciation
6.70%
Original Mortgage
$88,369
Outstanding Balance
$86,960
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$15,508

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 22, 2023
Sold by
Klous Daniel and Klous Aidea
Bought by
Hodget Taylor R and Wegner Phyllis J
Seller's Agent
Kim Kreiss
EXIT Realty - Great Plains
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$83,900
Sold Price
$90,000
Premium/Discount to List
$6,100
7.27%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Outstanding Balance
$86,960
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$15,508

Purchase Details

Closed on
Jul 17, 2013
Sold by
Bank Plus
Bought by
Klous Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.91%
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
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
Hodge Taylor $90,000 --
Hodget Taylor R $90,000 Minnesota River Valley Title
Klous Daniel $285,000 None Available
Landmark Management Co -- None Available
Landmark Iv Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodge Taylor $88,369
Closed Hodget Taylor R $88,369
Previous Owner Klous Daniel $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $90,000 +7.3% $71 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $83,900 -- $66 / 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 $774 $80,500 $17,600 $62,900
2024 $850 $80,500 $17,600 $62,900
2023 $1,566 $86,900 $17,200 $69,700
2022 $1,422 $82,300 $18,000 $64,300
2021 $1,320 $66,200 $17,400 $48,800
2020 $1,230 $66,200 $17,400 $48,800
2019 $940 $55,200 $14,500 $40,700
2018 $838 $52,800 $12,500 $40,300
2017 $862 $58,600 $13,900 $44,700
2016 $912 $64,900 $15,400 $49,500
2015 $711 $59,700 $14,400 $45,300
2013 $775 $55,900 $13,700 $42,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6452975

NorthstarMLS

APN: 232730230