$104,000
SOLD JUL 3, 2025

705 E 3rd St Fairmont, MN 56031

4 Beds
1.5 Baths
1,962 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

1% Below List Price

7 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Living Room
  • 1 Fireplace
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of July 2025

Welcome to this inviting 4-bedroom, 1-bath home that blends comfort, charm, and functional living space. Perfectly suited for families or anyone looking for room to grow, this home features a desirable main floor master bedroom, ideal for privacy and convenience. Step inside to a bright and cozy living area that flows into the kitchen with eat-in dining space. Main floor mostly updated with newer LVP floors and fresh paint. Upstairs, you'll find two additional bedrooms. A fourth bedroom on the main floor offers flexibility as a guest room, office, or playroom. The real highlight is the partially finished basement, featuring a large family/rec room—perfect for movie nights, game days, or gatherings. You’ll also appreciate the basement shower, adding extra functionality and convenience for busy households. Outside, enjoy a manageable yard with space for entertaining or relaxing, plus potential for garden beds or a patio addition. Garage stall adds additional storage options as well.

Last Agent to Sell the Property

Moe Mossa

Savvy Avenue, LLC Listed on: 05/12/2025

Last Buyer's Agent

Heather Leipnitz

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 125x60

Parking

  • 1 Car Garage

Home Design

  • Steel Siding

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Sump Pump
  • Eat-In Kitchen
  • Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Gilberts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 231210140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,372

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 1462
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished, Sump Pump
  • Appliances: Dryer
  • Living Area: 1962
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 500
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • One Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached, Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Main Floor Primary Bedroom

Schools

  • Junior High Dist: Fairmont Area Schools
  • SchoolDistrictPhone: 507-238-4234

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 125x60
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 231210140
  • Tax Annual Amount: 1372
  • TaxWithAssessments: 1798.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2025
Closed on
Jun 10, 2025
Sold by
Boesch Logan
Bought by
Nowell Sherrie Ann
Seller's Agent
Moe Mossa
Savvy Avenue, LLC
Buyer's Agent
Heather Leipnitz
Edina Realty, Inc.
List Price
$104,900
Sold Price
$104,000
Premium/Discount to List
-$900
-0.86%
Views
99
Current Estimated Value
$107,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,614
Avg. Annual Appreciation
7.54%
Original Mortgage
$14,000
Outstanding Balance
$13,139
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$94,475

Purchase Details

Closed on
Sep 15, 2020
Sold by
Boesch Logan
Bought by
Ramirz Leslie Hernandez

Purchase Details

Closed on
Mar 29, 2018
Sold by
Fannie Mae
Bought by
Boesch Logan

Purchase Details

Closed on
Jan 19, 2018
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 10, 2007
Sold by
Cox Jeff
Bought by
Christianson Clinton L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,740
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2005
Sold by
Davis Jon C and Davis Anne M
Bought by
Cox Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,101
Interest Rate
5.82%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $104,000 The Title Team
Contract Of Sale $89,500 None Available
Limited Warranty Deed -- Lawyer Title Co
Limited Warranty Deed -- None Available
Warranty Deed $74,739 None Available
Warranty Deed $74,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $14,000 New Conventional
Open $93,600 New Conventional
Previous Owner $74,740 New Conventional
Previous Owner $76,101 VA
Closed $0 Land Contract Argmt. Of Sale
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2025 07/03/25 Sold $104,000 -0.9% $53 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
05/12/2025 05/12/25 For Sale $104,900 -- $53 / Sq Ft
Source: NorthstarMLS

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 $1,798 $101,900 $14,400 $87,500
2024 $1,380 $101,900 $14,400 $87,500
2023 $1,528 $74,400 $10,900 $63,500
2022 $685 $79,000 $11,700 $67,300
2021 $1,340 $62,300 $11,300 $51,000
2020 $1,240 $62,200 $11,300 $50,900
2019 $1,272 $51,900 $9,400 $42,500
2018 $1,190 $47,000 $8,100 $38,900
2017 $1,226 $52,200 $9,000 $43,200
2016 $1,326 $57,800 $10,000 $47,800
2015 $665 $55,700 $9,400 $46,300
2013 $679 $49,000 $8,900 $40,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6718081

NorthstarMLS

APN: 231210140