NOT LISTED FOR SALE

667 Shoreacres Dr Fairmont, MN 56031

Estimated Value: $180,971 - $347,000

3 Beds
2 Baths
1,187 Sq Ft
$211/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $147,500 $124 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,519/month

3 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Woodwork
  • Cape Cod Architecture
  • Formal Dining Room
  • Bathroom on Main Level

About This Home

As of November 2019

Investors wanted!!! Sweat equity will go far in this 3bdrm, 2 bath home on Fairmont's Chain of Lakes! Great layout with large living room and dining area, galley kitchen, 2 bedrooms and full bath on the main floor. Upstairs bedroom and room to grow in the unfinished basement. Seller added new furnace, AC, water heater and updated plumbing and electrical since purchasing the home. Original hardwood floors, great views of Budd Lake and room to add a garage in front of home. Set up your private showing on this affordable lake home today.

Last Agent to Sell the Property

ARIN MEYER

JBEAL REAL ESTATE GROUP Listed on: 10/11/2019

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Year Built

  • 1940

Lot Details

  • 9,148 Sq Ft Lot
  • Lake Front

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • 1,187 Sq Ft Home
  • Woodwork
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 232110240

Home Details

Home Type

Single Family

Year Built

1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Cape Cod (L)
  • Amenities: Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.21
  • Assessments: Yes
  • Foundation Size: 1012
  • L V T Date: 10/11/2019
  • Mechanicals: Air to Air Exchange, Water Heater-Gas
  • Parcel Number: 232110240
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dryer, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, On Level: Main
  • Room 2: Living Room, On Level: Main
  • Room 3: Dining Room, On Level: Main
  • Room 4: Bedroom, On Level: Main
  • Room 5: Bedroom, On Level: Main
  • Room 6: Bedroom, On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1187
  • Tot Above Grade Sq Ft: 1187
  • Total Fin Square Footage: 1187
  • Total Square Footage: 1187

Exterior Features

  • Lake Chain: Yes
  • Waterfront Name: Budd
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Utilities

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

Lot Info

  • Estimated Lot Dimensions: .21 Acres
  • Lot/Land Description: Ravine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 1, 2019
Sold by
Fjetland Lucas
Bought by
Greiner Derrick
Seller's Agent
ARIN MEYER
JBEAL REAL ESTATE GROUP
Buyer's Agent
Non Member
Non-Member
List Price
$154,900
Sold Price
$147,500
Premium/Discount to List
-$7,400
-4.78%
Current Estimated Value
$249,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,493
Avg. Annual Appreciation
9.03%
Original Mortgage
$140,125
Outstanding Balance
$123,027
Interest Rate
3.5%
Estimated Equity
$126,966

Purchase Details

Closed on
Feb 1, 2016
Sold by
Nelson Warren P
Bought by
Fjetland Lucas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Greiner Derrick $147,500 Jenkinson Abstract Company
Fjetland Lucas $125,000 Jenkinson Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greiner Derrick $140,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold $147,500 -4.8% $124 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $154,900 -- $130 / 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 $2,472 $169,600 $91,800 $77,800
2024 $2,970 $178,500 $70,200 $108,300
2023 $2,392 $242,100 $54,000 $188,100
2022 $1,181 $187,900 $45,400 $142,500
2021 $1,886 $175,700 $45,400 $130,300
2020 $1,970 $151,300 $45,400 $105,900
2019 $2,216 $151,200 $45,400 $105,800
2018 $2,248 $149,700 $32,400 $117,300
2017 $1,778 $126,200 $32,400 $93,800
2016 $1,668 $123,000 $32,400 $90,600
2015 $1,599 $118,900 $32,400 $86,500
2013 $1,563 $112,800 $32,400 $80,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    ARIN MEYER

    JBEAL REAL ESTATE GROUP

    (507) 317-6860

    6 in this area

    59 Total Sales

    ARIN MEYER
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    Non-Member

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7022477

REALTOR® Association of Southern Minnesota

APN: 232110240

Minnesota Martin County Fairmont 56031

667 Shoreacres Dr, Fairmont, MN

Not Listed for Sale

Detached

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