705 705 Adams Ave Fairmont, MN 56031
Estimated Value: $197,000 - $206,000
3
Beds
2
Baths
1,934
Sq Ft
$103/Sq Ft
Est. Value
Highlights
- Breakfast Area or Nook
- Ceiling Fan
- Gas Fireplace
- Forced Air Heating and Cooling System
- Storage Shed
About This Home
As of December 2024Don’t miss your chance to make this three-bedroom, two-bathroom, multi-level home your own! Large windows in the living room fill the space with natural light, connecting to the dining room and a cozy breakfast nook in the kitchen. The lower level den offers a gas fireplace and all bedrooms conveniently located on the upper level. The unfinished basement offers plenty of storage, while the tuckunder garage and backyard shed add to the convenience. Schedule your showing today!
Last Buyer's Agent
Non Member
Non-Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,032
Year Built
- Built in 1961
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 84x110
Home Design
- Frame Construction
- Steel Siding
- Vinyl Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 1,934 Sq Ft Home
- 4-Story Property
- Ceiling Fan
- Gas Fireplace
- Carbon Monoxide Detectors
Kitchen
- Breakfast Area or Nook
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Sump Pump
- Block Basement Construction
Parking
- 1 Car Garage
- Tuck Under Garage
- Driveway
Additional Features
- Storage Shed
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 231420070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2024
Closed on
Jan 13, 2025
Sold by
Tino Dustin and Tino Betsy
Bought by
Henning Jeffrey and Henning Melinda
Seller's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
Buyer's Agent
Non Member
Non-Member
List Price
$199,000
Sold Price
$205,000
Premium/Discount to List
$6,000
3.02%
Total Days on Market
35
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,714
Avg. Annual Appreciation
-6.36%
Original Mortgage
$194,750
Outstanding Balance
$194,238
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$5,048
Purchase Details
Closed on
Nov 14, 2019
Sold by
Nelson Kimberly A and Nelson Randy L
Bought by
Ahlgren Robert M and Alhgren Michelle M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.75%
Mortgage Type
New Conventional
Similar Homes in Fairmont, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Henning Jeffrey | $205,000 | Minnesota River Valley Title | |
| Tino Dustin | $500 | None Listed On Document | |
| Ahlgren Robert M | $150,000 | Jenkinson Abstract Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Henning Jeffrey | $194,750 | |
| Previous Owner | Ahlgren Robert M | $127,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $205,000 | +3.0% | $106 / Sq Ft |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | For Sale | $199,000 | -- | $103 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,032 | $186,100 | $25,400 | $160,700 |
| 2023 | $2,222 | $173,300 | $15,900 | $157,400 |
| 2022 | $1,824 | $176,300 | $16,900 | $159,400 |
| 2021 | $1,740 | $141,600 | $16,900 | $124,700 |
| 2020 | $1,818 | $141,600 | $16,900 | $124,700 |
| 2019 | $1,632 | $141,600 | $16,900 | $124,700 |
| 2018 | $1,528 | $122,100 | $14,500 | $107,600 |
| 2017 | $1,420 | $95,800 | $11,377 | $84,423 |
| 2016 | $1,246 | $86,300 | $10,283 | $76,017 |
| 2015 | $1,093 | $87,600 | $10,864 | $76,736 |
| 2013 | $1,131 | $76,600 | $9,905 | $66,695 |
Source: Public Records
Agents Affiliated with this Home
-
Vonnie Cone
Seller's Agent in 2024
Vonnie Cone
RE/MAX
(507) 848-0114
207 in this area
347 Total Sales
-
N
Buyer's Agent in 2024
Non Member
Non-Member
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7036231
APN: 231420070
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