NOT LISTED FOR SALE

509 S Fairlakes Ave Fairmont, MN 56031

Estimated Value: $246,000 - $321,000

3 Beds
3 Baths
1,824 Sq Ft
$154/Sq Ft Est. Value

About This Home

This home is located at 509 S Fairlakes Ave, Fairmont, MN 56031 and is currently estimated at $281,746, approximately $154 per square foot. 509 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2013
Sold by
Janssen Danny D and Donnelle Janssen M
Bought by
Becker Barbara J
Current Estimated Value
$281,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$63,786
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$217,960

Purchase Details

Closed on
Sep 1, 2005
Sold by
Sullivan Michael B and Sullivan Sharon L
Bought by
Janssen Danny D and Donnelle Janssen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,950
Interest Rate
5.89%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
Becker Barbara J $159,500 None Available
Janssen Danny D $169,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Barbara J $90,000
Previous Owner Janssen Danny D $16,950
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 $3,128 $233,200 $44,300 $188,900
2024 $3,310 $235,900 $44,300 $191,600
2023 $3,446 $253,400 $46,900 $206,500
2022 $2,826 $246,600 $48,800 $197,800
2021 $2,504 $192,200 $46,300 $145,900
2020 $2,512 $192,200 $46,300 $145,900
2019 $2,458 $185,700 $44,800 $140,900
2018 $2,304 $171,800 $36,800 $135,000
2017 $2,048 $142,800 $30,600 $112,200
2016 $1,970 $142,800 $30,600 $112,200
2015 $1,743 $142,800 $30,600 $112,200
2013 $1,829 $127,800 $28,447 $99,353
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

509 S Fairlakes Ave, Fairmont, MN

Not Listed for Sale

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