NOT LISTED FOR SALE

506 Tilden St Fairmont, MN 56031

Estimated Value: $167,000 - $203,831

3 Beds
2 Baths
1,746 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $179,500 $103 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,110/month

39 Days on Market

Highlights

  • RV Access or Parking
  • Formal Dining Room
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Detached Garage
  • 5-minute walk to Charlotte Park

About This Home

As of July 2022

Located in the heart of Fairmont, this 3-bedroom 2-bath home is move-in ready. The main floor features an updated kitchen (with newer appliances), formal dining room, carpet installed new in 2020. The main floor bathroom has been tastefully updated with new fixtures, electrical and plumbing. The upstairs houses an additional 2 bedrooms along with a renovated 3/4 bath with adorable sliding barn door. The hardwood floors on the upper level have been professionally refinished. Siding, windows water heater and roof were replaced in 2018. New energy efficient HVAC in 2020. The basement is partially finished and has a spacious laundry room, rec room, and additional room for storage or a shop. The garage is over 700 square feet, plenty of room for 2 vehicles plus some extras. Brand new concrete driveway and sidewalk. New flex pipe plumbing.

Last Agent to Sell the Property

Vonnie Cone

RE/MAX TOTAL REALTY License #20548089 Listed on: 06/03/2022

RE/MAX TOTAL REALTY

Last Buyer's Agent

Wade Barslou

RE/MAX TOTAL REALTY

RE/MAX TOTAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,180

Year Built

  • 1949

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 140x53
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Window Treatments
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 232580270

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,180

Year Built

1949

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups, Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Driveway - Concrete, RV Parking
  • Estimated Number of Acres: 0.17
  • Construction: Previously Owned
  • Foundation Size: 864
  • L V T Date: 06/05/2022
  • Mechanicals: Circuit Breaker
  • Parcel Number: 232580270
  • Price Per Square Foot: 85
  • Projected Closed Date: 07/21/2022
  • Sold Price Per Sq Ft: 83
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1424
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 21x11, On Level: Main
  • Room 2: Dining Room, 11x10, On Level: Main
  • Room 3: Family Room, 30x15, On Level: Basement
  • Room 4: Kitchen, 16x10, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Main
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 13x12, On Level: Upper
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1296
  • Below Grade Finished Sq Ft: 450
  • Tot Above Grade Sq Ft: 1296
  • Total Fin Square Footage: 1746
  • Total Square Footage: 2160
  • Tot Below Grade Sq Ft: 864

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2
  • Garage Square Footage: 713

Utilities

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

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 140x53
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 21, 2022
Sold by
Burmeister and Jill
Bought by
Kemp Kevin and Kemp Annette J
Seller's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
Buyer's Agent
Wade Barslou
RE/MAX TOTAL REALTY
List Price
$184,000
Sold Price
$179,500
Premium/Discount to List
-$4,500
-2.45%
Current Estimated Value
$184,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,229
Avg. Annual Appreciation
-0.37%
Original Mortgage
$143,600
Outstanding Balance
$137,363
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$40,130

Purchase Details

Listed on
Nov 6, 2020
Closed on
Jan 27, 2021
Sold by
Flohrs William and Flohrs Robert
Bought by
Burmeister Jay and Burmeister Jill
Seller's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
Buyer's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%
Original Mortgage
$131,750
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
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
Kemp Kevin $179,500 None Listed On Document
Burmeister Jay $155,000 None Available
Burmeister Jay Jay $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemp Kevin $143,600
Previous Owner Burmeister Jay $131,750
Closed Burmeister Jay Jay $131,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $179,500 -2.4% $103 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $184,000 +18.7% $105 / Sq Ft
02/05/2021 02/05/21 Sold $155,000 -6.1% $89 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
12/03/2020 12/03/20 Price Changed $165,000 -1.2% $95 / Sq Ft
11/30/2020 11/30/20 Price Changed $167,000 -0.6% $96 / Sq Ft
11/22/2020 11/22/20 Price Changed $168,000 -0.6% $96 / Sq Ft
11/06/2020 11/06/20 For Sale $169,000 -- $97 / 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 $1,180 $123,500 $18,600 $104,900
2024 $1,260 $114,300 $18,600 $95,700
2023 $1,356 $116,800 $13,500 $103,300
2022 $1,424 $117,500 $14,600 $102,900
2021 $1,012 $92,800 $14,200 $78,600
2020 $866 $93,300 $15,800 $77,500
2019 $856 $81,000 $13,700 $67,300
2018 $930 $83,900 $14,200 $69,700
2017 $724 $44,000 $7,373 $36,627
2016 $634 $39,400 $6,956 $32,444
2015 $575 $43,800 $7,560 $36,240
2013 $663 $42,800 $7,023 $35,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7030038

REALTOR® Association of Southern Minnesota

APN: 232580270