NOT LISTED FOR SALE

671 Shoreacres Dr Fairmont, MN 56031

Estimated Value: $387,195 - $465,000

3 Beds
1.5 Baths
1,820 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 05, 2013

Last sale price $160,000 $88 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,748/month

247 Days on Market

Highlights

  • 54 Feet of Waterfront
  • Deck
  • Formal Dining Room
  • Docks
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of March 2013

Adorable lake home with views of the lake from the living room and master bedroom! Main floor features original hardwood floors in the formal dining room along with natural wood built-ins. The kitchen has updated flooring and appliances and is open to an eat-in kitchen. The living room has large windows facing the lake. The upper level has three bedrooms and bath that has been tastefully updated. The master bedroom also has a large walk-in closet. Wake up in the master bedroom to an amazing sunrise every morning! There is a half bath in the basement along with plenty of storage and family room that walks out to the back yard. Enjoy the view from the wrap around deck. Storage shed can stay with the property. The lift does not stay with this property.

Last Agent to Sell the Property

Yvonne Cone

CENTURY 21 Northland Realty Listed on: 05/30/2012

Last Buyer's Agent

Yvonne Cone

CENTURY 21 Northland Realty Listed on: 05/30/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,692

Year Built

  • 1939

Lot Details

  • Lot Dimensions are 54x151
  • 54 Feet of Waterfront
  • Lake Front
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Carport
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 23.211.0230

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,692

Year Built

1939

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Concrete
  • Beach Type: Rocky
  • Construction: Previously Owned
  • Parcel Number: 23.211.0230
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2840
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Formal Dining Room
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 15.1x9, On Level: Main
  • Room 2: Dining Room, 15.3x11.4, On Level: Main
  • Room 3: Living Room, 25.5x11.5, On Level: Main
  • Room 4: Family Room, 24.7x10.7, On Level: Basement
  • Room 5: Master Bedroom, 16.5x12, On Level: Upper
  • Room 6: Bedroom, 12.8x11.4, On Level: Upper
  • Room 7: 8x14.2, On Level: Upper
  • Basement Features: Partially Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1456
  • Below Grade Finished Sq Ft: 364
  • Total Fin Square Footage: 1820
  • Total Square Footage: 2184

Exterior Features

  • Frontage Road: City, Paved
  • Lake Chain: Yes
  • Waterfront Name: Budd
  • Exterior: Vinyl
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 54
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Carport

Utilities

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

Schools

  • School District: Fairmont Area #2752

Lot Info

  • Estimated Lot Dimensions: 54x151
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2012
Closed on
Mar 5, 2013
Sold by
Arends Paul T and Arends Teresa L
Bought by
Arends Thomas L and Arends Dixie L
Seller's Agent
Yvonne Cone
CENTURY 21 Northland Realty
Buyer's Agent
Yvonne Cone
CENTURY 21 Northland Realty
List Price
$190,000
Sold Price
$160,000
Premium/Discount to List
-$30,000
-15.79%
Current Estimated Value
$417,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,299
Avg. Annual Appreciation
7.80%

Purchase Details

Listed on
May 30, 2012
Closed on
Feb 26, 2013
Sold by
Arends Paul and Arends Teresa L
Bought by
Kollofski Jane A
Seller's Agent
Yvonne Cone
CENTURY 21 Northland Realty
Buyer's Agent
Yvonne Cone
CENTURY 21 Northland Realty
List Price
$190,000
Sold Price
$160,000
Premium/Discount to List
-$30,000
-15.79%
Source: Public Records

Range of Values:

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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
Arends Thomas L -- None Available
Kollofski Jane A $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kollofski Jane A $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2013 03/05/13 Sold $160,000 -15.8% $88 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
05/30/2012 05/30/12 For Sale $190,000 -- $104 / 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 $5,692 $374,900 $95,200 $279,700
2024 $6,884 $424,900 $72,800 $352,100
2023 $5,310 $530,900 $56,000 $474,900
2022 $5,218 $386,100 $47,000 $339,100
2021 $4,118 $357,100 $47,000 $310,100
2020 $4,184 $299,200 $47,000 $252,200
2019 $4,084 $292,100 $47,000 $245,100
2018 $4,392 $305,300 $33,600 $271,700
2017 $3,302 $236,500 $31,646 $204,854
2016 $3,156 $235,200 $30,494 $204,706
2015 $2,385 $200,100 $32,400 $167,700
2013 $2,827 $204,100 $32,400 $171,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4327167

REALTOR® Association of Southern Minnesota

APN: 232110230