520 E 2nd St Fairmont, MN 56031
Estimated Value: $77,000 - $129,187
4
Beds
2
Baths
1,015
Sq Ft
$95/Sq Ft
Est. Value
About This Home
This home is located at 520 E 2nd St, Fairmont, MN 56031 and is currently estimated at $96,297, approximately $94 per square foot. 520 E 2nd St 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
Mar 25, 2021
Sold by
Wells Fargo Bank Na
Bought by
Mcconnell Timothy Keith
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,150,000
Outstanding Balance
$3,100,374
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$3,004,077
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcconnell Timothy Keith | $26,252 | None Available | |
| Mcconnell Timothy Timothy | $26,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcconnell Timothy Keith | $4,150,000 |
Source: Public Records
Tax History Compared to Growth
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 | $812 | $59,600 | $11,200 | $48,400 |
| 2024 | $782 | $55,200 | $11,200 | $44,000 |
| 2023 | $770 | $56,200 | $9,000 | $47,200 |
| 2022 | $690 | $51,300 | $9,800 | $41,500 |
| 2021 | $658 | $42,500 | $9,500 | $33,000 |
| 2020 | $632 | $40,200 | $9,500 | $30,700 |
| 2019 | $630 | $34,300 | $7,900 | $26,400 |
| 2018 | $616 | $29,300 | $6,800 | $22,500 |
| 2017 | $630 | $19,300 | $4,569 | $14,731 |
| 2016 | $656 | $21,000 | $5,040 | $15,960 |
| 2015 | $269 | $20,400 | $4,740 | $15,660 |
| 2013 | $301 | $19,400 | $4,491 | $14,909 |
Source: Public Records
Map
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