NOT LISTED FOR SALE

518 N Prairie Ave Fairmont, MN 56031

Estimated Value: $77,000 - $122,000

2 Beds
1 Bath
1,366 Sq Ft
$72/Sq Ft Est. Value

About This Home

This home is located at 518 N Prairie Ave, Fairmont, MN 56031 and is currently estimated at $98,627, approximately $72 per square foot. 518 N Prairie Ave is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. John Vianney School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Olson James D and Olson Susan R
Bought by
Olson James D and Olson Susan R
Current Estimated Value
$98,627

Purchase Details

Closed on
May 11, 2007
Sold by
Spear Brian and Spear Cathtleen
Bought by
Olson James D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Olson James D $500 None Listed On Document
Olson James D $70,400 None Available
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 $724 $71,500 $6,800 $64,700
2024 $608 $74,900 $6,800 $68,100
2023 $608 $64,900 $4,300 $60,600
2022 $452 $60,500 $5,000 $55,500
2021 $430 $40,400 $4,200 $36,200
2020 $450 $40,400 $4,200 $36,200
2019 $400 $40,400 $4,200 $36,200
2018 $364 $30,400 $3,200 $27,200
2017 $326 $17,200 $1,798 $15,402
2016 $342 $19,000 $1,978 $17,022
2015 $229 $17,400 $1,800 $15,600
2013 $279 $18,000 $1,860 $16,140
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

518 N Prairie Ave, Fairmont, MN

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