NOT LISTED FOR SALE

501 S Park St Fairmont, MN 56031

Estimated Value: $115,455 - $164,000

3 Beds
2 Baths
1,505 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $109,000 $72 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $779/month

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 3-minute walk to Wards Park

About This Home

As of January 2020

Very clean, well taken care of 3 bedroom home located on a nice corner lot. The main floor features a nice sized kitchen, formal dining room, office with french doors and living room along with a full bath. There is an original pocket door between the living room and dining room for some added character. The upstairs houses all 3 bedrooms and a full bath. One of the bedrooms has a large walk in closet. The garage is an over sized double.

Last Agent to Sell the Property

Vonnie Cone

RE/MAX TOTAL REALTY License #20548089 Listed on: 07/18/2019

RE/MAX TOTAL REALTY

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $930

Year Built

  • 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • 1,505 Sq Ft Home
  • Frame Construction
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 232560530

Home Details

Home Type

Single Family

Est. Annual Taxes

$930

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.17
  • Assessment Balance: 69
  • Construction: Previously Owned
  • Foundation Size: 879
  • L V T Date: 07/25/2019
  • Mechanicals: Water Heater-Gas, Circuit Breaker
  • Parcel Number: 232560530
  • Price Per Square Foot: 49
  • Sold Price Per Sq Ft: 47
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 478
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 12x13, On Level: Main
  • Room 2: Dining Room, 13x14, On Level: Main
  • Room 3: Kitchen, 13x11, On Level: Main
  • Room 4: Bedroom, 9x11, On Level: Upper
  • Room 5: Bedroom, 14x11, On Level: Upper
  • Room 6: Bedroom, 10x13, On Level: Upper
  • Room 7: 11x13, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1505
  • Tot Above Grade Sq Ft: 1505
  • Total Fin Square Footage: 1505
  • Total Square Footage: 2340
  • Tot Below Grade Sq Ft: 835

Exterior Features

  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 50x150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Jan 21, 2020
Sold by
Theobald Keith and Estate Of Jerry E Theobald
Bought by
Kutnink Jason Dean
Seller's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
Buyer's Agent
Non Member
Non-Member
List Price
$123,900
Sold Price
$109,000
Premium/Discount to List
-$14,900
-12.03%
Current Estimated Value
$133,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,614
Avg. Annual Appreciation
3.59%
Original Mortgage
$112,924
Outstanding Balance
$100,022
Interest Rate
3.73%
Mortgage Type
VA
Estimated Equity
$33,592

Purchase Details

Closed on
Oct 17, 2012
Sold by
Riedesel Virginia N
Bought by
Riedesel Thomas R and Riedesel Charles
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
Kutnink Jason Dean $109,000 None Available
Riedesel Thomas R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kutnink Jason Dean $112,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2020 01/22/20 Sold $109,000 0.0% $72 / Sq Ft
12/30/2019 12/30/19 Off Market $109,000 -- --
12/30/2019 12/30/19 Pending -- -- --
11/21/2019 11/21/19 Pending -- -- --
10/08/2019 10/08/19 Price Changed $113,900 -8.1% $76 / Sq Ft
07/18/2019 07/18/19 For Sale $123,900 -- $82 / 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 $930 $96,400 $11,300 $85,100
2024 $660 $97,100 $11,300 $85,800
2023 $674 $71,000 $14,200 $56,800
2022 $610 $68,000 $15,300 $52,700
2021 $572 $56,800 $15,300 $41,500
2020 $536 $56,200 $15,300 $40,900
2019 $478 $49,400 $13,400 $36,000
2018 $460 $40,200 $12,200 $28,000
2017 $446 $25,300 $7,674 $17,626
2016 $416 $24,200 $7,308 $16,892
2015 $349 $26,500 $7,914 $18,586
2013 $275 $17,800 $7,216 $10,584
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2020

    Vonnie Cone

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    Non-Member

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7021700

REALTOR® Association of Southern Minnesota

APN: 232560530

Minnesota Martin County Fairmont 56031

501 S Park St, Fairmont, MN

This home is located at 501 S Park St, Fairmont, MN 56031 since 18 July 2019 and is currently estimated at $133,614, approximately $88 per square foot. This property was built in 1900. 501 S Park St is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. Paul Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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