NOT LISTED FOR SALE

616 E 3rd St Fairmont, MN 56031

Estimated Value: $69,000 - $86,505

2 Beds
1 Bath
991 Sq Ft
$81/Sq Ft Est. Value

About This Home

This home is located at 616 E 3rd St, Fairmont, MN 56031 and is currently estimated at $80,126, approximately $80 per square foot. 616 E 3rd 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
Jul 22, 2024
Sold by
Bp Investment Trust A Self Directed Ira
Bought by
Olson Chad
Current Estimated Value
$80,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Outstanding Balance
$54,488
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$27,646

Purchase Details

Closed on
Feb 22, 2024
Sold by
Jb Homes Llc
Bought by
Bp Investment Trust

Purchase Details

Closed on
Jan 23, 2017
Sold by
Heupel Scott and Heupel Mary
Bought by
Jb Homes Llc

Purchase Details

Closed on
Jun 17, 2005
Sold by
Heupel Construction Inc
Bought by
Heupel Scott and Heupel Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,225
Interest Rate
5.82%
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

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First American

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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
Olson Chad $57,000 --
Bp Investment Trust $500 None Listed On Document
Jb Homes Llc $27,176 None Available
Heupel Scott -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Chad $55,000
Previous Owner Heupel Scott W $36,000
Previous Owner Heupel Scott $41,225
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 $956 $63,600 $14,000 $49,600
2024 $1,106 $63,600 $14,000 $49,600
2023 $1,084 $54,800 $10,700 $44,100
2022 $1,002 $48,500 $11,400 $37,100
2021 $986 $39,100 $11,100 $28,000
2020 $926 $39,000 $11,100 $27,900
2019 $926 $32,500 $9,200 $23,300
2018 $882 $28,000 $7,900 $20,100
2017 $904 $31,000 $8,800 $22,200
2016 $984 $34,400 $9,800 $24,600
2015 $401 $33,600 $9,200 $24,400
2013 $433 $31,200 $8,700 $22,500
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

616 E 3rd St, Fairmont, MN

This home is located at 616 E 3rd St, Fairmont, MN 56031 and is currently estimated at $80,126, approximately $80 per square foot. 616 E 3rd 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.

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