NOT LISTED FOR SALE

500 254th Ave Fairmont, MN 56031

Estimated Value: $80,000 - $115,000

4 Beds
1.5 Baths
1,460 Sq Ft
$65/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $85,900 $59 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $564/month

56 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of June 2024

Value Priced home just 4 blocks from boat landing and park for East Chain Lake. All living on main level master, 3.4 bath, laundry room plus 3 bedrooms up. new furnace 2014 and was serviced in 2024, new water heater 2022, All appliances included plus 2 freezers and fridge in the basement, Kitchen has Granite tops and good cabinet space. Breezeway has heat and A/C workshop has heat and A/C garage is heated and insulated and has a mechanics pit for servicing you automobiles. Septic Certification shows Drain Field is compliant and septic tank needs to be replaced at sellers expense, bid for the work has already been received and will be escrowed at the time of closing. Quick close available. Sold as is.

Last Agent to Sell the Property

David Madison

A.J. Neal, Inc Listed on: 03/29/2024

Last Buyer's Agent

Stacy Ward

Green Tree Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $358

Year Built

  • Built in 1910

Lot Details

  • 0.38 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Interior Spaces

  • 1,460 Sq Ft Home
  • 1.5-Story Property
  • Electric Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Breezeway

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Propane
  • Private Water Source
  • Drilled Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030073400

Home Details

Home Type

Single Family

Est. Annual Taxes

$358

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Drilled, Private
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1460
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24x44
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Dryer, Freezer, Gas Water Heater, Range, Refrigerator, Washer
  • Fireplace Features: Electric
  • Living Area: 1460
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Laundry, Breezeway, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Workshop

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Heated Garage
  • Garage Square Feet: 764

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - No, Tank with Drainage Field
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Granada-Huntley-East Chain
  • SchoolDistrictNumber: 2536
  • SchoolDistrictPhone: 507-447-2211

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1x1
  • Lot Size Sq Ft: 16552.8
  • Land Lease: No
  • Lot Features: Corner Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 030073400
  • Tax Annual Amount: 358
  • TaxWithAssessments: 358.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jun 21, 2024
Sold by
Ardolf Myron and Ardolf Anita
Bought by
Byrd Lewis
Seller's Agent
David Madison
A.J. Neal, Inc
Buyer's Agent
Stacy Ward
Green Tree Realty
List Price
$94,900
Sold Price
$85,900
Premium/Discount to List
-$9,000
-9.48%
Views
276
Current Estimated Value
$94,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,497
Avg. Annual Appreciation
13.10%
Original Mortgage
$16,500
Outstanding Balance
$10,248
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$89,205

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jun 5, 2024
Sold by
Ardolf Myron M and Ardolf Anita T
Bought by
Byrd Lewis
Seller's Agent
David Madison
A.J. Neal, Inc
Buyer's Agent
Stacy Ward
Green Tree Realty
List Price
$94,900
Sold Price
$85,900
Premium/Discount to List
-$9,000
-9.48%
Views
276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Outstanding Balance
$10,248
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$89,205
Source: Public Records

Range of Values:

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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
Byrd Lewis $85,900 --
Byrd Lewis $85,900 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrd Lewis $16,500
Open Byrd Lewis $73,695
Closed Byrd Lewis $73,695
Previous Owner Ardolf Myron M $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $85,900 -4.4% $59 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
04/20/2024 04/20/24 Price Changed $89,900 -5.3% $62 / Sq Ft
03/30/2024 03/30/24 For Sale $94,900 -- $65 / 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 $608 $88,600 $21,300 $67,300
2024 $946 $98,000 $16,300 $81,700
2023 $358 $98,000 $16,300 $81,700
2022 $506 $71,400 $15,500 $55,900
2021 $556 $44,000 $9,200 $34,800
2020 $566 $49,900 $9,200 $40,700
2019 $638 $43,900 $7,100 $36,800
2018 $678 $47,000 $10,200 $36,800
2017 $522 $24,300 $4,980 $19,320
2016 $450 $24,300 $4,980 $19,320
2015 $417 $25,000 $4,988 $20,012
2013 $451 $23,800 $4,196 $19,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6511120

NorthstarMLS

APN: 030073400