Seller's Agent in 2026
Alexander Phippen
TRUE REAL ESTATE
(507) 525-6022
28 in this area
171 Total Sales
701 E 1st St Fairmont, MN 56031
3
Beds
1.5
Baths
1,506
Sq Ft
6,098
Sq Ft Lot Lot
About This Home
As of May 2026Charming 1920s two-story home offering approximately 1,484 square feet of living space on a corner lot in Fairmont. This 3-bedroom, 2-bathroom property features a spacious layout with a living room, dining area, kitchen, family room, and additional sitting room on the main level, plus three bedrooms and a full bath upstairs. The home includes original character with wood accents and a functional floor plan, along with a full basement providing extra storage space.
Last Agent to Sell the Property
TRUE REAL ESTATE Brokerage Phone: 507-345-8783 License #40666915 Listed on: 04/03/2026
Last Buyer's Agent
TRUE REAL ESTATE Brokerage Phone: 507-345-8783 License #40666915 Listed on: 04/03/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $895
Year Built
- Built in 1920
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x132
Parking
- Detached Garage
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 1,506 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 231220420
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2026
Closed on
May 8, 2026
Sold by
Bought by
Seller's Agent
Alexander Phippen
TRUE REAL ESTATE
Buyer's Agent
Alexander Phippen
TRUE REAL ESTATE
List Price
$99,000
Sold Price
$87,000
Premium/Discount to List
-$12,000
-12.12%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
554.81%
Purchase Details
Closed on
Jul 3, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,919
Interest Rate
5.25%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $87,000 | Minnesota River Valley Title | |
| Warranty Deed | $45,000 | Jenkinson Abstract Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $38,919 | FHA |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | Sold | $87,000 | -12.1% | $58 / Sq Ft |
| 04/18/2026 04/18/26 | Pending | -- | -- | -- |
| 04/03/2026 04/03/26 | For Sale | $99,000 | -- | $66 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $964 | $99,200 | $13,500 | $85,700 |
| 2024 | $688 | $99,400 | $13,500 | $85,900 |
| 2023 | $750 | $74,400 | $10,400 | $64,000 |
| 2022 | $638 | $76,400 | $11,200 | $65,200 |
| 2021 | $606 | $59,900 | $10,800 | $49,100 |
| 2020 | $542 | $59,900 | $10,800 | $49,100 |
| 2019 | $472 | $50,000 | $9,000 | $41,000 |
| 2018 | $430 | $37,200 | $7,800 | $29,400 |
| 2017 | $668 | $24,700 | $5,156 | $19,544 |
| 2016 | $706 | $27,500 | $5,764 | $21,736 |
| 2015 | $328 | $25,000 | $5,409 | $19,591 |
| 2013 | $344 | $22,100 | $5,091 | $17,009 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Phippen
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7039873
APN: 231220420
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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