NOT LISTED FOR SALE

502 E 2nd St Fairmont, MN 56031

Estimated Value: $70,000 - $113,107

2 Beds
1.5 Baths
966 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $28,600 $30 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $536/month

3 Days on Market

Highlights

  • Breakfast Area or Nook
  • Patio
  • 1-Story Property
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of April 2013

Quaint little property close to park and downtown, with a eat in kitchen nook and formal dining area and living room with gas fireplace. Upper attic is a full area with potential to be finished off for more living space. Basement has room for a family room with a half bath. Plenty of storage and laundry area. Call listing office today for your own private showing.

Last Agent to Sell the Property

Karen Mussmann

Countywide-Fairmont Listed on: 02/16/2013

Last Buyer's Agent

Karen Mussmann

Countywide-Fairmont Listed on: 02/16/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $356

Year Built

  • Built in 1934

Lot Details

  • Lot Dimensions are 55x104
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 966 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 232720350

Home Details

Home Type

Single Family

Est. Annual Taxes

$356

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Walk-up Attic
  • Amenities Exterior: Driveway - Gravel, Patio
  • Assessment Balance: 126.19
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 966
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 232720350
  • Rental License: Yes
  • Stories: 1 Story
  • Taxes With Assessments: 482
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 14x7, On Level: Main
  • Room 2: Dining Room, 12x10, On Level: Main
  • Room 3: Living Room, 13x16, On Level: Main
  • Room 4: Bedroom, 10x11, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Main
  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 966
  • Total Fin Square Footage: 966
  • Total Square Footage: 1932

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 55x104
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1934

Tax Info

  • Year: 2012
  • Tax Value: 355.81

MLS Schools

  • School District: Fairmont Area #2752

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2012
Sold by
Norman Etty E
Bought by
Us Bank National Assn
Current Estimated Value
$87,777
Source: Public Records

Range of Values:

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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
Us Bank National Assn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norman Betty E $44,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2013 04/09/13 Sold $28,600 +0.4% $30 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
02/16/2013 02/16/13 For Sale $28,500 -- $30 / 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 $814 $55,500 $12,300 $43,200
2024 $738 $55,400 $12,300 $43,100
2023 $808 $52,800 $9,700 $43,100
2022 $702 $54,100 $10,400 $43,700
2021 $672 $43,300 $10,100 $33,200
2020 $598 $43,200 $10,100 $33,100
2019 $584 $36,300 $8,500 $27,800
2018 $456 $26,600 $7,300 $19,300
2017 $502 $32,000 $8,100 $23,900
2016 $530 $35,400 $8,900 $26,500
2015 $413 $34,600 $8,400 $26,200
2013 $593 $42,800 $8,000 $34,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4440808

REALTOR® Association of Southern Minnesota

APN: 232720350