NOT LISTED FOR SALE

509 S Fairlakes Ave Fairmont, MN 56031

Estimated Value: $254,843 - $303,000

3 Beds
2.5 Baths
1,824 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 13, 2013

Last sale price $159,500 $87 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,742/month

10 Days on Market

Highlights

  • Open Floorplan
  • Formal Dining Room
  • Woodwork
  • Deck
  • 2 Car Attached Garage
  • Landscaped with Trees

About This Home

As of May 2013

What a find in a great neighborhood. Everything you need all on one level including a family room with French door access to the deck and a landscaped back yard. There is a 2 car attached finished garage with parking pad and room to add another garage. The living room is graced with a wall-to-ceiling brick wood burning fireplace. The home has a nice flow with an open floor plan. Kitchen appliances are new and stay with the home; washer and dryer will also stay. Laundry room has a lot of storage and a half bath. Spacious master bedroom has a .75 master bath. Family room has additional baseboard heat and more built in storage. There is a city easement along the north side of the house. Water heater is 3-4 years old and the furnace is serviced twice a year. The partial basement is unfinished and used for storage with outside walk-out entrance.

Last Agent to Sell the Property

JODY LYLE

CENTURY 21 Northland Realty Listed on: 02/19/2013

Co-Listed By

Cinde Andersen

CENTURY 21 Northland Realty

Last Buyer's Agent

Allison Hennager

CENTURY 21 Northland Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1977

Lot Details

  • Lot Dimensions are 133x100
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 23.201.0020

Home Details

Home Type

Single Family

Year Built

1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Tiled Floors
  • Amenities Exterior: Deck, Driveway - Concrete
  • Construction: Previously Owned
  • Mechanicals: Furnace Humidifier, Water Heater-Gas
  • Parcel Number: 23.201.0020
  • Stories: 1 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Dining Room: Formal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Main Floor 1/2 Bath, Main Floor 3/4 Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 22x15, On Level: Main
  • Room 2: Dining Room, 15x14, On Level: Main
  • Room 3: Family Room, 14.6x16, On Level: Main
  • Room 4: Kitchen, 14x13, On Level: Main
  • Room 5: Master Bedroom, 15x14, On Level: Main
  • Room 6: Bedroom, 12x10.9, On Level: Main
  • Room 7: 12x10.9, On Level: Main
  • Room 8: Laundry Room, 10x6, On Level: Main
  • Room 9: Bathroom, On Level: Main
  • Basement Features: Unfinished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Partial, Walk-out
  • Finished Above Grade Sq Ft: 1824
  • Total Fin Square Footage: 1824
  • Total Square Footage: 2484

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 133x100
  • Lot/Land Description: Landscaped, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2013
Closed on
Apr 12, 2013
Sold by
Janssen Danny D and Donnelle Janssen M
Bought by
Becker Barbara J
Seller's Agent
JODY LYLE
CENTURY 21 Northland Realty
Buyer's Agent
Allison Hennager
CENTURY 21 Northland Realty
List Price
$161,900
Sold Price
$159,500
Premium/Discount to List
-$2,400
-1.48%
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.
Estimated Appreciation
$122,246
Avg. Annual Appreciation
4.49%
Original Mortgage
$90,000
Outstanding Balance
$63,786
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$213,925

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
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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
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

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2013 05/13/13 Sold $159,500 -1.5% $87 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $161,900 -- $89 / 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 $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

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4441876

REALTOR® Association of Southern Minnesota

APN: 232010020