$280,000
SOLD JUL 22, 2024

415 W 3rd St Fairmont, MN 56031

4 Beds
3 Baths
1,933 Sq Ft
6,447 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

12% Below List Price

25 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Lake View
  • No HOA
  • Beach Access
  • Corner Lot
  • 2-minute walk to Sylvania Park

About This Home

As of July 2024

Hidden Gem on the Fairmont Chain of Lakes! This adorable home has an amazing view of Sisseton Lake! There are very few trees to block your view, so it feels like you are on top of the water! This home is unique, where it could easily be 2 separate homes since the lower level has a kitchen and it is a walkout to make a separate entrance! Or make it your own single-family home with a great room in the basement for entertaining friends & family. On the main floor enjoy a nice size living room, 3 main floor bedrooms, a cute kitchen and 2 full baths. Downstairs you will find another kitchen, family room, bedroom, a 3/4 bath, nice size storage room & utility room. There are 2 doors to walkout to the lake, one from the family room & one from the storage room. There is a cement block boathouse to store your lake toys & enjoy amazing sunsets! The home has a single attached garage & is on a one-way street. Ideal location by parks & restaurants! This one is unique, come take a look!

Last Agent to Sell the Property

Jim Draper

RE/MAX TOTAL REALTY Listed on: 04/19/2024

RE/MAX TOTAL REALTY

Co-Listed By

Jackie Jersak

RE/MAX TOTAL REALTY

Last Buyer's Agent

Christopher Wasilensky

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,373

Year Built

  • Built in 1947

Lot Details

  • 6,447 Sq Ft Lot
  • Lot Dimensions are 60x118
  • 60 Feet of Waterfront
  • Lake Front
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Storage Room
  • Utility Room
  • Lake Views
  • Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 230401020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,373

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1947
  • Above Grade Finished Sq Ft: 1308
  • Water Body Name: Sisseton
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Easily Divided
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 1933
  • Fireplace: No
  • Below Grade Finished Sq Ft: 625
  • Basement YN: Yes
  • Dining Room Type: Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 4, Laundry, Storage, Utility Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Metal
  • View: Panoramic
  • PatioPorchType: Patio
  • Lake Acres: 138
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 60

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 294
  • ParkingOpen: 1

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Dock,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Patio,Washer/Dryer Hookup

Schools

  • Junior High Dist: Fairmont Area Schools
  • SchoolDistrictNumber: 2752
  • SchoolDistrictPhone: 507-238-4234

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 60x118
  • Lot Size Sq Ft: 6446.88
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Corner Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 230401020
  • Tax Annual Amount: 1373
  • TaxWithAssessments: 1442.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jul 17, 2024
Sold by
Smith Sally
Bought by
Pier Alissa and Pier Brent
Seller's Agent
Jim Draper
RE/MAX TOTAL REALTY
Buyer's Agent
Christopher Wasilensky
Keller Williams Realty Integrity Lakes
List Price
$319,900
Sold Price
$280,000
Premium/Discount to List
-$39,900
-12.47%
Total Days on Market
25
Views
109
Current Estimated Value
$275,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,222
Avg. Annual Appreciation
-1.69%
Original Mortgage
$215,662
Outstanding Balance
$214,030
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$61,748
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,662 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $280,000 -12.5% $145 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $319,900 -- $165 / 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
2024 $1,442 $126,000 $51,000 $75,000
2023 $1,410 $130,100 $33,000 $97,100
2022 $1,410 $121,100 $21,000 $100,100
2021 $1,050 $113,500 $21,000 $92,500
2020 $1,234 $95,800 $21,000 $74,800
2019 $1,216 $104,400 $21,000 $83,400
2018 $1,254 $104,500 $21,000 $83,500
2017 $1,108 $72,500 $15,119 $57,381
2016 $1,106 $75,400 $17,226 $58,174
2015 $1,007 $80,200 $17,574 $62,626
2013 $1,111 $75,200 $17,197 $58,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6521663

NorthstarMLS

APN: 230401020