NOT LISTED FOR SALE

505 S Fairlakes Ave Fairmont, MN 56031

Estimated Value: $235,000 - $280,000

3 Beds
3 Baths
1,713 Sq Ft
$147/Sq Ft Est. Value

About This Home

This home is located at 505 S Fairlakes Ave, Fairmont, MN 56031 and is currently estimated at $251,728, approximately $146 per square foot. 505 S Fairlakes Ave is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. Paul Lutheran School.

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

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 $2,998 $231,000 $26,700 $204,300
2024 $3,008 $239,400 $26,700 $212,700
2023 $3,210 $244,800 $29,600 $215,200
2022 $2,522 $243,500 $31,600 $211,900
2021 $2,408 $185,900 $29,900 $156,000
2020 $2,416 $185,900 $29,900 $156,000
2019 $2,366 $179,700 $28,900 $150,800
2018 $2,366 $175,700 $26,100 $149,600
2017 $2,104 $146,900 $21,831 $125,069
2016 $2,024 $146,900 $21,831 $125,069
2015 $1,709 $139,800 $21,607 $118,193
2013 $2,043 $143,500 $20,685 $122,815
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

505 S Fairlakes Ave, Fairmont, MN

Not Listed for Sale

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.

Nearby Homes