NOT LISTED FOR SALE

509 S Prairie Ave Fairmont, MN 56031

Estimated Value: $107,000 - $142,593

3 Beds
1 Bath
2,210 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 24, 2014

Last sale price $58,900 $27 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $735/month

79 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Woodwork
  • Workshop
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of April 2014

This 3 bedroom home has been updated through out. The main floor has beautiful hardwood floors, a brand new kitchen with stainless steel appliances (Negotiable), and a newly remodeled bathroom. Upstairs you will find a large bedroom and an open landing area to be used as a study or computer room. The basement is not finished, but has laundry hook-ups and great storage.

Last Agent to Sell the Property

Cinde Andersen

CENTURY 21 Northland Realty Listed on: 11/19/2013

Last Buyer's Agent

Cinde Andersen

CENTURY 21 Northland Realty Listed on: 11/19/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $978

Year Built

  • 1920

Lot Details

  • Lot Dimensions are 50x139
  • Landscaped

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Formal Dining Room
  • Workshop
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 23.256.0980

Home Details

Home Type

Single Family

Est. Annual Taxes

$978

Year Built

1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete
  • Construction: Previously Owned
  • Parcel Number: 23.256.0980
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 732
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dishwasher, Disposal, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x11, On Level: Main
  • Room 2: Dining Room, 11x12, On Level: Main
  • Room 3: Kitchen, 14x8, On Level: Main
  • Room 4: Bedroom, 10x13, On Level: Main
  • Room 5: Bedroom, 10x12, On Level: Main
  • Room 6: Bedroom, 11x16, On Level: Upper
  • Room 7: On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1305
  • Below Grade Finished Sq Ft: 905
  • Total Fin Square Footage: 2210
  • Total Square Footage: 2210

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Out Buildings: Workshop
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 50x139
  • Lot/Land Description: Landscaped

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2013
Closed on
Apr 18, 2014
Sold by
Rourke Nancy M O and Leverson Eric
Bought by
Schultz Justin N
Seller's Agent
Cinde Andersen
CENTURY 21 Northland Realty
Buyer's Agent
Cinde Andersen
CENTURY 21 Northland Realty
List Price
$57,900
Sold Price
$58,900
Premium/Discount to List
$1,000
1.73%
Current Estimated Value
$119,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,403
Avg. Annual Appreciation
6.20%
Original Mortgage
$53,010
Outstanding Balance
$40,753
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$75,559
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
Schultz Justin N $58,900 Titlenexus Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Justin N $53,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2014 04/24/14 Sold $58,900 +1.7% $27 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
11/19/2013 11/19/13 For Sale $57,900 -- $26 / 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 $978 $100,400 $10,900 $89,500
2024 $714 $100,400 $10,900 $89,500
2023 $706 $76,900 $13,800 $63,100
2022 $632 $71,600 $15,000 $56,600
2021 $594 $59,400 $15,000 $44,400
2020 $552 $58,500 $15,000 $43,500
2019 $552 $51,200 $13,100 $38,100
2018 $526 $47,100 $11,900 $35,200
2017 $512 $29,700 $7,500 $22,200
2016 $532 $32,200 $7,136 $25,064
2015 $439 $33,400 $7,675 $25,725
2013 $663 $47,900 $11,700 $36,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4561396

REALTOR® Association of Southern Minnesota

APN: 232560980