NOT LISTED FOR SALE

505 E 1st St Fairmont, MN 56031

Estimated Value: $51,000 - $77,000

2 Beds
2 Baths
816 Sq Ft
$83/Sq Ft Est. Value

About This Home

This home is located at 505 E 1st St, Fairmont, MN 56031 and is currently estimated at $68,000, approximately $83 per square foot. 505 E 1st St is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. John Vianney School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2005
Sold by
Mileham Russell L
Bought by
Landmark Ii Llc
Current Estimated Value
$68,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Outstanding Balance
$79,406
Interest Rate
6.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$11,406
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Landmark Ii Llc $143,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landmark Ii Llc $143,500
Source: Public Records

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 $606 $39,900 $10,100 $29,800
2024 $646 $39,900 $10,100 $29,800
2023 $696 $45,500 $8,400 $37,100
2022 $604 $45,900 $9,100 $36,800
2021 $582 $36,700 $8,900 $27,800
2020 $514 $36,700 $8,900 $27,800
2019 $422 $30,600 $7,400 $23,200
2018 $378 $21,300 $6,300 $15,000
2017 $390 $23,700 $7,000 $16,700
2016 $410 $26,300 $7,800 $18,500
2015 $305 $25,500 $7,300 $18,200
2013 $349 $25,200 $7,000 $18,200
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

505 E 1st St, Fairmont, MN

Not Listed for Sale

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