NOT LISTED FOR SALE

703 Shoreacres Dr Fairmont, MN 56031

Estimated Value: $212,000 - $286,000

1 Bed
2 Baths
1,251 Sq Ft
$201/Sq Ft Est. Value

About This Home

This home is located at 703 Shoreacres Dr, Fairmont, MN 56031 and is currently estimated at $251,765, approximately $201 per square foot. 703 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, 2020
Sold by
Tennyson Janice F and Tennyson Janice
Bought by
Meyer Joshua J and Meyer Elisa M
Current Estimated Value
$251,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$96,127
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$161,132

Purchase Details

Closed on
Nov 8, 2019
Sold by
Tennyson Janice F
Bought by
Meyer Joshua J and Meyer Elisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Nov 19, 2004
Sold by
Tennyson Douglas W and Tennyson Patricia E
Bought by
Tennyson Morgan R and Tennyson Janice F
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Meyer Joshua J $95,000 None Available
Meyer Joshua J $95,000 None Available
Tennyson Morgan R $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Joshua J $120,000
Previous Owner Meyer Joshua J $90,000
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 $3,704 $350,300 $187,000 $163,300
2024 $3,752 $269,900 $143,000 $126,900
2023 $2,986 $290,500 $110,000 $180,500
2022 $3,028 $213,700 $92,400 $121,300
2021 $2,560 $202,600 $92,400 $110,200
2020 $3,556 $178,500 $92,400 $86,100
2019 $3,474 $239,300 $92,400 $146,900
2018 $3,398 $228,800 $66,000 $162,800
2017 $2,752 $198,100 $66,000 $132,100
2016 $2,686 $201,300 $66,000 $135,300
2015 $2,451 $205,600 $66,000 $139,600
2013 $2,899 $209,400 $66,000 $143,400
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

703 Shoreacres Dr, Fairmont, MN

This home is located at 703 Shoreacres Dr, Fairmont, MN 56031 and is currently estimated at $251,765, approximately $201 per square foot. 703 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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