NOT LISTED FOR SALE

687 Shoreacres Dr Fairmont, MN 56031

Estimated Value: $330,000 - $417,000

4 Beds
3 Baths
1,216 Sq Ft
$318/Sq Ft Est. Value

About This Home

This home is located at 687 Shoreacres Dr, Fairmont, MN 56031 and is currently estimated at $387,127, approximately $318 per square foot. 687 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
Jun 1, 2021
Sold by
Wachholz William H and Wachholz Judith E
Bought by
Kramer Scott D and Kramer Amy J
Current Estimated Value
$387,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$240,967
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$117,776
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Kramer Scott D $335,000 None Available
Kramer Scott Scott $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Scott D $265,000
Closed Kramer Scott D $265,000
Previous Owner Wacholz William H $50,000
Closed Kramer Scott Scott $330,000
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 $4,148 $274,800 $85,000 $189,800
2024 $4,844 $302,900 $65,000 $237,900
2023 $4,150 $376,700 $50,000 $326,700
2022 $4,016 $299,000 $42,000 $257,000
2021 $3,170 $280,800 $42,000 $238,800
2020 $3,306 $236,400 $42,000 $194,400
2019 $3,230 $236,200 $42,000 $194,200
2018 $3,454 $245,300 $30,000 $215,300
2017 $2,594 $183,600 $27,187 $156,413
2016 $2,630 $194,200 $27,442 $166,758
2015 $2,349 $194,200 $27,442 $166,758
2013 $2,671 $189,500 $27,332 $162,168
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

687 Shoreacres Dr, Fairmont, MN

This home is located at 687 Shoreacres Dr, Fairmont, MN 56031 and is currently estimated at $387,127, approximately $318 per square foot. 687 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.

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