NOT LISTED FOR SALE

539 Kings Rd Fairmont, MN 56031

Estimated Value: $311,000 - $421,000

3 Beds
2 Baths
2,487 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $325,000 $131 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,176/month

3 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Bonus Room
  • Billiard Room
  • Lake View
  • Corner Lot
  • Stainless Steel Appliances

About This Home

As of October 2024

RARE OPPORTUNITY! This well-crafted corner 3BR/2BA ranch home has lake access! The main floor features a welcoming living room, an informal dining room, an updated kitchen with stainless appliances, a full bathroom, and a sunroom that bathes in natural light. The walkout basement is perfect for entertaining, boasting a kitchenette, a billiard area, cozy rec area with wood-burning fireplace, and 3/4 bathroom. Additionally, there's a bonus room, or potential 4th bedroom, with the addition of an egress window. Outdoor living is enhanced by partial ownership in two additional parcels. Enjoy 1/3 undivided interest of a vacant lot located kitty-corner to the backyard, offering Sisseton Lake views from the back of the house. You’ll also have 1/12 undivided interest of a lakefront lot within walking distance, possibly place your own dock and boat lift, too! This unique property provides the perfect blend of comfortable living and lake life. Don’t miss this chance to own a piece of paradise!

Last Agent to Sell the Property

Kim Kreiss

EXIT Realty - Great Plains Listed on: 09/03/2024

EXIT Realty - Great Plains

Last Buyer's Agent

Jim Draper

RE/MAX TOTAL REALTY

RE/MAX TOTAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 1969

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80x134
  • 160 Feet of Waterfront
  • Corner Lot

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Washer and Dryer Hookup
  • Lake Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Storage

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 231570250

Community Details

Overview

  • Association fees include taxes
  • Association Phone (507) 236-5295
  • King Heights Subdivision

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,221

Year Built

Built in 1969

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 1613
  • Water Body Name: Sisseton
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partially Finished, Storage Space, Walkout
  • Appliances: Central Vacuum, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Wood Burning
  • Living Area: 2487
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 874
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Sun Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Billiard, Bonus Room, Utility Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • View: East, North
  • Other Structures: Storage Shed
  • PatioPorchType: Patio
  • Lake Acres: 138
  • Lake Bottom: Rocky,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 160

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 527

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Taxes
  • Phone: 507-236-5295
  • Association Fee: 80
  • Association: Yes
  • Amenities Unit: Deck,Kitchen Window,Patio,Sun Room,Washer/Dryer Hookup,Wet Bar

Association/Amenities

  • HOA Management Co: none

Schools

  • Junior High Dist: Fairmont Area Schools
  • SchoolDistrictNumber: 2752
  • SchoolDistrictPhone: 507-238-4234

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 80x134
  • Lot Size Sq Ft: 10454.4
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 231570250
  • Tax Annual Amount: 3221
  • TaxWithAssessments: 3290.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 4, 2024
Sold by
Revocable Trust Of Maynard R Johneand Au and Johnson Audrey A
Bought by
Paulson Family Trust and Paulson
Seller's Agent
Kim Kreiss
EXIT Realty - Great Plains
Buyer's Agent
Jim Draper
RE/MAX TOTAL REALTY
List Price
$309,900
Sold Price
$325,000
Premium/Discount to List
$15,100
4.87%
Views
4
Current Estimated Value
$348,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,842
Avg. Annual Appreciation
-1.01%

Purchase Details

Closed on
Dec 5, 2006
Sold by
Johnson Maynard R and Johnson Audrey A
Bought by
Johnspn Maynard R and Johnspn Audrey A
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
Paulson Family Trust $325,000 Minnesota River Valley Title
Johnspn Maynard R -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $325,000 +4.9% $131 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $309,900 -- $125 / Sq Ft
Source: NorthstarMLS

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 $2,842 $219,100 $31,400 $187,700
2024 $3,290 $228,700 $31,400 $197,300
2023 $1,742 $265,500 $34,300 $231,200
2022 $2,740 $262,100 $36,200 $225,900
2021 $2,616 $199,700 $34,400 $165,300
2020 $2,624 $199,700 $34,400 $165,300
2019 $2,568 $192,900 $33,200 $159,700
2018 $2,350 $174,600 $30,500 $144,100
2017 $2,088 $145,800 $25,443 $120,357
2016 $2,014 $146,200 $25,453 $120,747
2015 $1,711 $140,100 $25,230 $114,870
2013 $1,745 $121,700 $23,288 $98,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6595529

NorthstarMLS

APN: 231570250