616 E 2nd St Fairmont, MN 56031
Estimated Value: $106,000 - $116,000
4
Beds
2
Baths
1,302
Sq Ft
$85/Sq Ft
Est. Value
About This Home
This home is located at 616 E 2nd St, Fairmont, MN 56031 and is currently estimated at $110,694, approximately $85 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
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
$49,729
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
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Home Values in the Area
Average Home Value in this Area
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
| 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
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