NOT LISTED FOR SALE

505 Willow St Fairmont, MN 56031

Estimated Value: $136,000 - $181,000

2 Beds
1 Bath
1,074 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 06, 2019

Last sale price $144,900 $135 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,018/month

15 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Gas Fireplace
  • 1-Story Property
  • Wood Siding
  • 4-minute walk to Charlotte Park

About This Home

As of August 2019

This home has been recently updated throughout the entire main floor! Beautiful hardwood floors flow through the spacious living room/dining room areas and are accented by a custom designed gas fireplace and overabundance of natural light through the many windows. Custom made curtain rods and spectacular lighting complete the space. The kitchen features tastefully refinished cabinets, Quartz countertops, newer appliances that will stay and a fabulous farmhouse sink along with tile flooring that looks like old brick. The bathroom is adorable and includes a claw foot tub, unique tile flooring, custom vanity along with lighting details that are stunning. The bathroom has a beautiful barn door as well. There are two bedrooms on the main and the master also has barn doors on the closet. The detailing in this home are second to none and will be a rare find. Current owner added an egress window in the basement so all you need to do is finish work!

Last Agent to Sell the Property

Vonnie Cone

RE/MAX TOTAL REALTY License #20548089 Listed on: 06/12/2019

RE/MAX TOTAL REALTY

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 90x80

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,074 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 232580300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.17
  • Assessment Balance: 69
  • Construction: Previously Owned
  • Foundation Size: 1074
  • L V T Date: 06/14/2019
  • Mechanicals: Circuit Breaker
  • Parcel Number: 232580300
  • Price Per Square Foot: 67
  • Projected Closed Date: 08/06/2019
  • Sold Price Per Sq Ft: 67
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 1026
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 13x20, On Level: Main
  • Room 2: Dining Room, 10x12, On Level: Main
  • Room 3: Kitchen, 10x11, On Level: Main
  • Room 4: Bedroom, 12x13, On Level: Main
  • Room 5: Bedroom, 10x11, On Level: Main
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1074
  • Tot Above Grade Sq Ft: 1074
  • Total Fin Square Footage: 1074
  • Total Square Footage: 2148
  • Tot Below Grade Sq Ft: 1074

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Brick, Stone, Wood

Garage/Parking

  • Garage Type: Attached
  • 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: 90x80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Aug 6, 2019
Sold by
Schaefer Shawn D
Bought by
Hoaglund Andrew
Seller's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
Buyer's Agent
Non Member
Non-Member
List Price
$144,900
Sold Price
$144,900
Current Estimated Value
$164,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,662
Avg. Annual Appreciation
1.62%
Original Mortgage
$142,274
Outstanding Balance
$124,944
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$34,690

Purchase Details

Closed on
Jun 1, 2018
Sold by
Ludwig Mischa
Bought by
Schaefer Shawn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2016
Sold by
Ebeling Samantha Jo and Ebeling Lucas
Bought by
Ludwig Mischa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,629
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2014
Closed on
May 9, 2014
Sold by
Johnson Marian J
Bought by
Ebeling Samantha Jo and Ebeling Lucas
Seller's Agent
Shelly Moeller
Cavers Realty
Buyer's Agent
Allison Hennager
CENTURY 21 Northland Realty
List Price
$89,900
Sold Price
$95,000
Premium/Discount to List
$5,100
5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$90,250
Interest Rate
4.41%
Mortgage Type
New Conventional
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
Hoaglund Andrew $144,900 Jenkinson Abstract Company
Schaefer Shawn D $142,000 Jenkinson Abstract Co
Ludwig Mischa $93,000 Jenkinson Abstract Co
Ebeling Samantha Jo $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoaglund Andrew $142,274
Previous Owner Schaefer Shawn D $123,000
Previous Owner Ludwig Mischa $95,629
Previous Owner Ebeling Samantha Jo $90,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2019 08/06/19 Sold $144,900 0.0% $135 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $144,900 +52.5% $135 / Sq Ft
05/16/2014 05/16/14 Sold $95,000 +5.7% $88 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $89,900 -- $84 / 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 $1,400 $136,700 $18,000 $118,700
2024 $1,492 $129,400 $18,000 $111,400
2023 $1,500 $133,800 $13,200 $120,600
2022 $1,156 $127,300 $14,200 $113,100
2021 $1,270 $99,100 $13,800 $85,300
2020 $1,096 $110,400 $15,400 $95,000
2019 $1,026 $95,600 $13,300 $82,300
2018 $1,112 $95,500 $13,800 $81,700
2017 $856 $53,600 $7,786 $45,814
2016 $704 $44,200 $6,837 $37,363
2015 $677 $52,200 $7,884 $44,316
2013 $756 $49,200 $7,135 $42,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7021233

REALTOR® Association of Southern Minnesota

APN: 232580300