NOT LISTED FOR SALE

420 Budd Lake Dr Fairmont, MN 56031

Estimated Value: $237,130 - $329,000

3 Beds
3 Baths
3,128 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $142,000 $45 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,714/month

79 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Porch
  • Deck
  • Fenced Yard
  • Attached Garage

About This Home

As of March 2012

This three bedroom home is ready for you to move right in! The main floor features a very open kitchen with eat-in area and is also open to the spacious family room. The family room has a wood burning fireplace. Kitchen was remodeled in 2010. Off the family room is a wonderful 2 season porch that looks out to the private fenced in back yard. There is a formal dining room on the main floor along with a living room as well. The half bath on the main floor has been tastefully remodeled. Sliding glass doors take you out to a cozy covered deck with built in bar for summer entertaining. Hot tub is negotiable. Three bedrooms and a full bath are located upstairs. The master bedroom is spacious and has plenty of closet space. The basement is mostly finished with a bath and quaint den area.

Last Agent to Sell the Property

Yvonne Cone

CENTURY 21 Northland Realty Listed on: 11/16/2011

Last Buyer's Agent

Yvonne Cone

CENTURY 21 Northland Realty Listed on: 11/16/2011

Home Details

Home Type

  • Single Family

Year Built

  • 1940

Lot Details

  • Lot Dimensions are 50x117
  • Fenced Yard

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,128 Sq Ft Home
  • Wood Burning Fireplace
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Partial Basement
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 23.041.0720

Home Details

Home Type

Single Family

Year Built

1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Hot Tub
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Full, Hot Tub, Patio, Porch
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 23.041.0720
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Microwave
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x12.2, On Level: Main
  • Room 2: Dining Room, 11x12.8, On Level: Main
  • Room 3: Kitchen, 10x21, On Level: Main
  • Room 4: Family Room, 11.6x19.9, On Level: Main
  • Room 5: Master Bedroom, 15.2x12.2, On Level: Upper
  • Room 6: Bedroom, 11x12.7, On Level: Upper
  • Room 7: 10.4x11.1, On Level: Upper
  • Room 10: Other, 9.6x9.11, On Level: Basement
  • Basement Features: Egress Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Total Fin Square Footage: 3128
  • Total Square Footage: 3368

Exterior Features

  • Frontage Road: City
  • Exterior: Vinyl
  • Out Buildings: Storage Shed

Garage/Parking

  • Garage Type: Attached

Utilities

  • Cooling: Central
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 50x117
  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2013
Sold by
Bents Anna and Bents Ian
Bought by
Sovell Stephen and Sovell Jessica
Current Estimated Value
$281,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Outstanding Balance
$27,207
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$254,576

Purchase Details

Listed on
Nov 16, 2011
Closed on
Mar 30, 2012
Sold by
Liljenquest Trent L and Liljenquest Julie A
Bought by
Terfehr Anna
Seller's Agent
Yvonne Cone
CENTURY 21 Northland Realty
Buyer's Agent
Yvonne Cone
CENTURY 21 Northland Realty
List Price
$149,000
Sold Price
$142,000
Premium/Discount to List
-$7,000
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$112,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
Whitmore Jodie M
Bought by
Liljenquist Trent L and Liljenquist Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Sovell Stephen $146,000 None Available
Terfehr Anna $142,000 None Available
Liljenquist Trent L $127,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sovell Stephen $116,800
Previous Owner Terfehr Anna $112,000
Previous Owner Liljenquist Trent L $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $142,000 -4.7% $45 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
11/16/2011 11/16/11 For Sale $149,000 -- $48 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,792 $224,900 $26,300 $198,600
2024 $2,672 $225,300 $26,300 $199,000
2023 $2,770 $220,200 $19,900 $200,300
2022 $2,356 $213,600 $21,700 $191,900
2021 $2,382 $175,400 $22,300 $153,100
2020 $2,226 $184,200 $31,000 $153,200
2019 $2,054 $167,600 $28,200 $139,400
2018 $2,210 $165,700 $27,900 $137,800
2017 $1,936 $134,300 $22,611 $111,689
2016 $1,554 $110,300 $19,388 $90,912
2015 $1,497 $121,800 $20,954 $100,846
2013 $1,221 $83,200 $17,167 $66,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4272891

REALTOR® Association of Southern Minnesota

APN: 230410720