NOT LISTED FOR SALE

507 E 4th St Fairmont, MN 56031

Estimated Value: $103,000 - $133,000

4 Beds
1.5 Baths
1,302 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $100,000 $77 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $772/month

42 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Dining Room
  • Living Room

About This Home

As of January 2024

This four bedroom home has open concept living and dining area. Spacious kitchen with lots of storage. Laminate flooring in kitchen and dining with carpet in the living room. Full bathroom on the main level with one bedroom as well. (sink only in the basement for 1/4 bath)
Three other bedrooms upstairs. Basement does have 2 more rooms, would need egress windows to be bedrooms.
All appliances staying with the home. Cabinets in the garage will also stay.
Please call or text me today for your showing.
Michelle Koch (507) 236-6989

Last Agent to Sell the Property

Michelle Koch

Edina Realty Listed on: 10/21/2023

Edina Realty

Last Buyer's Agent

Michelle Koch

Edina Realty Listed on: 10/21/2023

Edina Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 1933

Lot Details

  • 7,797 Sq Ft Lot
  • Lot Dimensions are 103x74

Parking

  • 2 Car Garage

Home Design

  • Steel Siding

Interior Spaces

  • 1,302 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Partially Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Gambles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 231180130

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,324

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1933
  • Above Grade Finished Sq Ft: 1302
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1302
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bathroom, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • One Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Fairmont Area Schools
  • SchoolDistrictPhone: 507-238-4234

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 103x74
  • Lot Size Sq Ft: 7797.24
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 231180130
  • Tax Annual Amount: 1324
  • TaxWithAssessments: 1324.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2023
Sold by
Gronewold F F and Gronewold K
Bought by
Osuebi Llc
Current Estimated Value
$121,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$48,422
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$73,003
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
Osuebi Llc $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osuebi Llc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $100,000 -13.0% $77 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
10/21/2023 10/21/23 For Sale $115,000 -- $88 / Sq Ft
Source: NorthstarMLS

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 $1,648 $111,800 $13,700 $98,100
2024 $1,204 $117,200 $13,700 $103,500
2023 $1,838 $112,700 $7,000 $105,700
2022 $1,324 $124,900 $7,700 $117,200
2021 $1,200 $85,400 $6,500 $78,900
2020 $1,272 $84,200 $6,500 $77,700
2019 $762 $84,200 $6,500 $77,700
2018 $694 $64,300 $4,900 $59,400
2017 $614 $36,600 $2,760 $33,840
2016 $646 $40,200 $3,060 $37,140
2015 $467 $35,600 $2,822 $32,778
2013 $463 $29,900 $2,882 $27,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6451064

NorthstarMLS

APN: 231180130