NOT LISTED FOR SALE

705 Summit Dr Fairmont, MN 56031

Estimated Value: $144,000 - $200,000

3 Beds
2 Baths
988 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 705 Summit Dr, Fairmont, MN 56031 and is currently estimated at $173,852, approximately $175 per square foot. 705 Summit 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
Sep 22, 2023
Sold by
Hegerle Ronald and Hegerle Wanda
Bought by
Segar Nickolas
Current Estimated Value
$172,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$132,517
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$37,208
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

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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
Segar Nickolas $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segar Nickolas $135,000
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 $1,696 $149,700 $34,200 $115,500
2024 $2,076 $149,800 $34,200 $115,600
2023 $1,876 $176,600 $31,700 $144,900
2022 $1,672 $152,800 $32,400 $120,400
2021 $1,594 $131,900 $33,900 $98,000
2020 $1,542 $131,900 $33,900 $98,000
2019 $1,336 $124,100 $31,900 $92,200
2018 $1,498 $120,200 $30,900 $89,300
2017 $1,278 $85,200 $21,926 $63,274
2016 $1,204 $83,100 $21,377 $61,723
2015 $885 $69,900 $18,488 $51,412
2013 $1,039 $69,900 $18,488 $51,412
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

705 Summit Dr, Fairmont, MN

This home is located at 705 Summit Dr, Fairmont, MN 56031 and is currently estimated at $173,852, approximately $175 per square foot. 705 Summit 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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