NOT LISTED FOR SALE

704 E 3rd St Fairmont, MN 56031

Estimated Value: $47,000 - $95,060

1 Bed
1 Bath
863 Sq Ft
$85/Sq Ft Est. Value

About This Home

This home is located at 704 E 3rd St, Fairmont, MN 56031 and is currently estimated at $73,515, approximately $85 per square foot. 704 E 3rd St is a home located in Martin County with nearby schools including Fairmont Elementary School, Fairmont Junior/Senior High School, and St. John Vianney School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2019
Sold by
Mcfarland Bret
Bought by
Mcfarland Jacob
Current Estimated Value
$73,515

Purchase Details

Closed on
Dec 3, 2009
Sold by
Mcfarland Bret
Bought by
Mcfarland Brad

Purchase Details

Closed on
Dec 9, 2005
Sold by
Mcfarland Brad L
Bought by
Mcfarland Bret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,400
Outstanding Balance
$10,240
Interest Rate
6.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$63,275
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Mcfarland Jacob -- None Available
Mcfarland Brad -- None Available
Mcfarland Bret C $23,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfarland Bret C $18,400
Closed Mcfarland Jacob $0
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 $936 $58,000 $15,700 $42,300
2024 $764 $68,800 $15,700 $53,100
2023 $918 $50,700 $11,700 $39,000
2022 $766 $41,600 $12,500 $29,100
2021 $754 $33,800 $12,100 $21,700
2020 $716 $33,800 $12,100 $21,700
2019 $864 $28,200 $10,100 $18,100
2018 $816 $29,100 $8,700 $20,400
2017 $838 $32,200 $9,600 $22,600
2016 $1,144 $35,800 $10,700 $25,100
2015 $399 $33,500 $10,000 $23,500
2013 $441 $31,900 $9,500 $22,400
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

704 E 3rd St, Fairmont, MN

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