NOT LISTED FOR SALE

616 E 2nd St Fairmont, MN 56031

Estimated Value: $90,000 - $136,000

4 Beds
2 Baths
1,302 Sq Ft
$90/Sq Ft Est. Value

About This Home

This home is located at 616 E 2nd St, Fairmont, MN 56031 and is currently estimated at $117,601, approximately $90 per square foot. 616 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
Sep 23, 2021
Sold by
Phillips Justin and Phillips Samantha
Bought by
Klemmer Michelle
Current Estimated Value
$117,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Outstanding Balance
$60,965
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$56,636

Purchase Details

Closed on
Oct 22, 2018
Sold by
Nagel Keith C and Nagel Carla J
Bought by
Phillis Justin and Phillis Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,222
Interest Rate
4.5%
Mortgage Type
New Conventional
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

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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
Klemmer Michelle $89,700 Jenkinson Abstract Company
Phillis Justin $71,500 Jenkinson Abstract Co
Klemmer Michelle Michelle $89,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klemmer Michelle $67,000
Previous Owner Phillis Justin $72,222
Closed Klemmer Michelle Michelle $89,200
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 $950 $98,500 $14,000 $84,500
2024 $712 $98,500 $14,000 $84,500
2023 $788 $76,700 $10,700 $66,000
2022 $666 $78,900 $11,400 $67,500
2021 $630 $62,800 $11,100 $51,700
2020 $564 $62,700 $11,100 $51,600
2019 $558 $52,300 $9,200 $43,100
2018 $768 $45,000 $7,900 $37,100
2017 $788 $29,900 $5,273 $24,627
2016 $830 $33,200 $5,873 $27,327
2015 $429 $32,600 $5,523 $27,077
2013 $501 $32,300 $5,214 $27,086
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

616 E 2nd St, Fairmont, MN

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