637 Shoreacres Dr Fairmont, MN 56031
Estimated Value: $349,000 - $453,000
2
Beds
2
Baths
1,468
Sq Ft
$267/Sq Ft
Est. Value
About This Home
This home is located at 637 Shoreacres Dr, Fairmont, MN 56031 and is currently estimated at $392,404, approximately $267 per square foot. 637 Shoreacres Dr is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. Paul Lutheran School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 29, 2018
Sold by
Wedel Harland L and Wedel Harland
Bought by
Wedel Justin Michael
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
$230,400
Outstanding Balance
$200,509
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$191,895
Purchase Details
Closed on
Apr 12, 2017
Sold by
Wedel Harland L and Wedel Phyllis A
Bought by
Wedel Harland L and Wedel Phyllis
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 |
|---|---|---|---|
| Wedel Justin Michael | $128,000 | None Available | |
| Wedel Harland L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wedel Justin Michael | $230,400 |
Source: Public Records
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 | $5,122 | $377,100 | $153,000 | $224,100 |
| 2024 | $5,772 | $385,600 | $117,000 | $268,600 |
| 2023 | $4,458 | $449,800 | $90,000 | $359,800 |
| 2022 | $4,408 | $328,200 | $75,200 | $253,000 |
| 2021 | $3,564 | $305,600 | $75,200 | $230,400 |
| 2020 | $3,902 | $262,600 | $75,200 | $187,400 |
| 2019 | $3,640 | $263,100 | $75,200 | $187,900 |
| 2018 | $3,678 | $259,600 | $53,700 | $205,900 |
| 2017 | $2,824 | $200,800 | $49,373 | $151,427 |
| 2016 | $2,678 | $197,900 | $46,791 | $151,109 |
| 2015 | $2,497 | $206,800 | $47,105 | $159,695 |
| 2013 | $2,845 | $202,300 | $46,939 | $155,361 |
Source: Public Records
Map
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