Seller's Agent in 2023
Santos Cruz
EXIT Realty - Great Plains
(270) 999-1543
7 in this area
9 Total Sales
614 E 1st St Fairmont, MN 56031
Estimated Value: $76,000 - $154,925
2
Beds
1
Bath
1,372
Sq Ft
$87/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating and Cooling System
- Wood Siding
- 1-Story Property
About This Home
As of October 2023Home with great potential, centrally located near downtown shopping area's. A few blocks from the mall. This 2 bedroom 1 bath home is an investors dream, and a home owners canvas. Your chance to make it your masterpiece!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $338
Year Built
- Built in 1915
Lot Details
- 6,490 Sq Ft Lot
- Lot Dimensions are 50x130
Parking
- 1 Car Garage
Home Design
- Wood Siding
Interior Spaces
- 1,372 Sq Ft Home
- 1-Story Property
- Basement
- Block Basement Construction
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Schmidts Subdivision
Listing and Financial Details
- Assessor Parcel Number 232070130
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2023
Closed on
Oct 10, 2023
Sold by
Thate Richard J and Thate Lisa J
Bought by
Thate Richard J and Thate Lisa J
Seller's Agent
Santos Cruz
EXIT Realty - Great Plains
Buyer's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
List Price
$54,900
Sold Price
$61,551
Premium/Discount to List
$6,651
12.11%
Views
129
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,930
Avg. Annual Appreciation
38.20%
Original Mortgage
$48,000
Outstanding Balance
$31,597
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$87,884
Purchase Details
Listed on
Aug 7, 2023
Closed on
Oct 2, 2023
Sold by
Jpmorgan Chase Bank National Association
Bought by
Thate Richard
Seller's Agent
Santos Cruz
EXIT Realty - Great Plains
Buyer's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
List Price
$54,900
Sold Price
$61,551
Premium/Discount to List
$6,651
12.11%
Views
129
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Outstanding Balance
$31,597
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$87,884
Purchase Details
Closed on
Nov 17, 2022
Sold by
Sill Kenneth A
Bought by
Pioneer Bank
Purchase Details
Closed on
Jun 2, 2022
Sold by
Sill Kenneth
Bought by
Sill Kenneth and Mata Daniel
Purchase Details
Closed on
Sep 15, 2008
Sold by
Zwart Michael J and Zwart Michael James
Bought by
Sill Kenneth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,900
Interest Rate
6.54%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Thate Richard J | -- | The Title Team | |
| Thate Richard | $61,551 | None Listed On Document | |
| Pioneer Bank | $44,142 | -- | |
| Sill Kenneth | -- | None Listed On Document | |
| Sill Kenneth A | $60,700 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thate Richard | $48,000 | |
| Previous Owner | Sill Kenneth A | $61,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2023 10/10/23 | Sold | $61,551 | +12.1% | $45 / Sq Ft |
| 08/31/2023 08/31/23 | Pending | -- | -- | -- |
| 08/09/2023 08/09/23 | For Sale | $54,900 | -- | $40 / Sq Ft |
Source: NorthstarMLS
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 | $1,106 | $109,200 | $14,000 | $95,200 |
| 2024 | $698 | $109,200 | $14,000 | $95,200 |
| 2023 | $408 | $75,500 | $10,700 | $64,800 |
| 2022 | $338 | $77,200 | $11,400 | $65,800 |
| 2021 | $320 | $60,400 | $11,100 | $49,300 |
| 2020 | $284 | $60,300 | $11,100 | $49,200 |
| 2019 | $252 | $50,300 | $9,200 | $41,100 |
| 2018 | $230 | $37,100 | $7,900 | $29,200 |
| 2017 | $234 | $24,700 | $5,289 | $19,411 |
| 2016 | $246 | $27,400 | $5,889 | $21,511 |
| 2015 | $157 | $26,500 | $5,516 | $20,984 |
| 2013 | $423 | $27,300 | $5,220 | $22,080 |
Source: Public Records
Agents Affiliated with this Home
-
Santos Cruz
-
Karen Mussmann
Seller Co-Listing Agent in 2023
Karen Mussmann
EXIT Realty - Great Plains
(507) 236-4811
55 in this area
110 Total Sales
-
Vonnie Cone
Buyer's Agent in 2023
Vonnie Cone
RE/MAX
(507) 848-0114
205 in this area
348 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6415374
APN: 232070130
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