433 Budd Lake Dr Fairmont, MN 56031
Estimated Value: $399,302 - $459,000
3
Beds
2
Baths
3,209
Sq Ft
$133/Sq Ft
Est. Value
About This Home
This home is located at 433 Budd Lake Dr, Fairmont, MN 56031 and is currently estimated at $426,076, approximately $132 per square foot. 433 Budd Lake Dr is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. Paul Lutheran School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 25, 2021
Sold by
Erickson Stephen A and Erickson Pauline E
Bought by
Damm Andreas and Damm Lisa
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
$275,200
Outstanding Balance
$249,701
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$176,375
Purchase Details
Closed on
Jun 5, 2014
Sold by
Erickson Stephen A and Erickson Pauline E
Bought by
Stephen Erickson & Pauline Erickson Trus
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 |
|---|---|---|---|
| Damm Andreas | $344,000 | None Available | |
| Stephen Erickson & Pauline Erickson Trus | -- | None Available | |
| Damm Andreas Andreas | $344,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Damm Andreas | $275,200 | |
| Closed | Damm Andreas Andreas | $275,200 |
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 | $4,738 | $368,200 | $127,500 | $240,700 |
| 2024 | $4,090 | $368,300 | $127,500 | $240,800 |
| 2023 | $3,876 | $340,700 | $52,500 | $288,200 |
| 2022 | $1,812 | $294,300 | $52,500 | $241,800 |
| 2021 | $3,052 | $252,400 | $52,500 | $199,900 |
| 2020 | $3,234 | $215,300 | $52,500 | $162,800 |
| 2019 | $3,122 | $222,500 | $52,500 | $170,000 |
| 2018 | $3,288 | $233,700 | $37,500 | $196,200 |
| 2017 | $2,620 | $194,800 | $37,500 | $157,300 |
| 2016 | $2,228 | $172,300 | $37,500 | $134,800 |
| 2015 | $2,013 | $172,300 | $37,500 | $134,800 |
| 2013 | $2,217 | $170,700 | $37,500 | $133,200 |
Source: Public Records
Map
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