NOT LISTED FOR SALE

627 Shoreacres Dr Fairmont, MN 56031

Estimated Value: $468,000 - $692,000

3 Beds
2.5 Baths
3,410 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $698,000 $205 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,854/month

397 Days on Market

Highlights

  • 104 Feet of Waterfront
  • Bathroom on Main Level
  • Wood Siding
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

As of July 2020

This stunning home is definitely move in ready with no updating needed!! This home is nestled on the north-west side of Budd Lake and has amazing lake views! This walk-out lot does not come around to often! The home has been tastefully renovated on all three floors. The main floor features hardwood floors and two beautiful custom fireplaces. Granite counter tops and tile back splash accent the kitchen along with new appliances. The living room has vaulted beamed ceilings. Walk out to the upper deck from the kitchen area and you will see breathtaking views! The upper level houses all 3 bedrooms and a 4-piece bath featuring a beautiful tub and custom tile shower. Master bedroom has a walk-in closet. The basement has an additional kitchen with all new cabinets with granite counter tops along with spacious family room, 3/4 bath and you can walk out to the patio. There is an additional garage on this level as well.

Last Agent to Sell the Property

Vonnie Cone

RE/MAX TOTAL REALTY License #20548089 Listed on: 03/23/2020

RE/MAX TOTAL REALTY

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Year Built

  • 1972

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 104x134
  • 104 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Tri-Level Property
  • Frame Construction
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • Gas Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk Through Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier

Listing and Financial Details

  • Assessor Parcel Number 232110290

Home Details

Home Type

Single Family

Year Built

1972

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.32
  • Construction: Previously Owned
  • Dnr Lake Id Number: 46003000
  • Foundation Size: 1286
  • L V T Date: 06/20/2019
  • Mechanicals: Air to Air Exchange, Furnace Humidifier, Circuit Breaker
  • Parcel Number: 232110290
  • Stories: Tri-Level Split
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Master Walk-Thru, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 17x15, On Level: Main
  • Room 2: Dining Room, 16x17, On Level: Main
  • Room 3: Family Room, 16x15, On Level: Lower
  • Room 4: Kitchen, 21x11, On Level: Main
  • Room 5: Bedroom, 14x14, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 12x12, On Level: Upper
  • Room 8: Kitchen, 12x19, On Level: Lower
  • Basement Material: Concrete Block
  • Basement Style: Partial, Walk-out
  • Finished Above Grade Sq Ft: 2124
  • Below Grade Finished Sq Ft: 1286
  • Tot Above Grade Sq Ft: 2124
  • Total Fin Square Footage: 3410
  • Total Square Footage: 3710
  • Tot Below Grade Sq Ft: 1586

Exterior Features

  • LakeAcres: 229
  • Lake Chain: Yes
  • Lake Class: General Development
  • Waterfront Name: Budd
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Wood
  • Waterfront: Yes
  • Water Frontage: 104
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 104x134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
Donelan Wendy and Donelan Craig
Bought by
Donelan Wendy R and Wendy R Donelan Revocable Trus
Current Estimated Value
$581,813

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jul 20, 2020
Sold by
Delong Sherri L and Sherri L Delong Revocable Trus
Bought by
Donelan Wendy
Seller's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
Buyer's Agent
Non Member
Non-Member
List Price
$689,000
Sold Price
$698,000
Premium/Discount to List
$9,000
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.30%
Original Mortgage
$610,400
Outstanding Balance
$541,262
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$40,551

Purchase Details

Closed on
Aug 30, 2017
Sold by
Johnson David C and Johnson Lois A
Bought by
Delong Sherri L and Sherri L Delong Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2010
Sold by
Johnson David C and Johnson Lois A
Bought by
Johnson David C and Johnson Lois A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Donelan Wendy R -- Jenkinson Abstract Company
Donelan Wendy $698,000 None Available
Delong Sherri L $459,000 None Available
Johnson David C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donelan Wendy $610,400
Previous Owner Delong Sherri L $367,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/20/2020 07/20/20 Sold $698,000 +1.3% $205 / Sq Ft
03/24/2020 03/24/20 For Sale $689,000 0.0% $202 / Sq Ft
03/24/2020 03/24/20 Price Changed $689,000 -1.3% $202 / Sq Ft
12/20/2019 12/20/19 Off Market $698,000 -- --
06/19/2019 06/19/19 For Sale $814,900 -- $239 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $9,548 $667,200 $215,300 $451,900
2024 $10,482 $667,300 $215,300 $452,000
2023 $10,180 $764,600 $174,500 $590,100
2022 $9,380 $697,700 $174,500 $523,200
2021 $7,584 $613,000 $174,500 $438,500
2020 $6,838 $531,300 $174,500 $356,800
2019 $6,060 $464,700 $144,200 $320,500
2018 $6,332 $430,500 $103,000 $327,500
2017 $4,966 $360,900 $101,759 $259,141
2016 $3,886 $292,000 $82,158 $209,842
2015 $3,499 $292,000 $82,158 $209,842
2013 $4,027 $288,900 $82,074 $206,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7021300

REALTOR® Association of Southern Minnesota

APN: 232110290