NOT LISTED FOR SALE

714 S Prairie Ave Fairmont, MN 56031

Estimated Value: $121,000 - $185,000

3 Beds
2 Baths
1,380 Sq Ft
$119/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $133,000 $96 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,001/month

Highlights

  • RV Access or Parking
  • Corner Lot
  • Eat-In Kitchen
  • Open Floorplan
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of November 2021

This adorable 3 bedroom home sits centrally located on a corner lot. The spacious kitchen is open to the dining area and offers plenty of room for entertaining. The main floor also features main floor laundry and a recently renovated 3/4 bath with tile shower. All 3 bedrooms are on the upper level along with a full bath. The master is very spacious and has a walk-in closet.

Last Agent to Sell the Property

Vonnie Cone

RE/MAX TOTAL REALTY License #20548089 Listed on: 09/07/2021

RE/MAX TOTAL REALTY

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,714

Year Built

  • 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 91x52
  • Landscaped
  • Corner Lot
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 231300030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,714

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Walk-In Closet, Washer/Dryer Hookups, Smoke Alarms (L), Window Coverings (L)
  • Amenities Exterior: Driveway - Concrete, RV Parking
  • Estimated Number of Acres: 0.1
  • Foundation Size: 690
  • L V T Date: 09/08/2021
  • Mechanicals: Sump Pump
  • Parcel Number: 231300030
  • Stories: 2 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Open Floor Plan
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x15, On Level: Main
  • Room 2: Dining Room, 9x13, On Level: Main
  • Room 3: Kitchen, 8x13, On Level: Main
  • Room 4: Bedroom, 9x8, On Level: Upper
  • Room 5: Bedroom, 13x13, On Level: Main
  • Room 6: Bedroom, 11x12, On Level: Upper
  • Basement Features: Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1380
  • Tot Above Grade Sq Ft: 1380
  • Total Fin Square Footage: 1380
  • Total Square Footage: 2070
  • Tot Below Grade Sq Ft: 690

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 91x52
  • Lot/Land Description: Corner Lot, Landscaped, Tree Coverage - Light, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Nov 12, 2021
Sold by
Reichel Shannon Elizabeth and Reichel Shannon E
Bought by
Olson Christian Bjorn and Olson Hannah
Seller's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
Buyer's Agent
Non Member
Non-Member
List Price
$134,000
Sold Price
$133,000
Premium/Discount to List
-$1,000
-0.75%
Current Estimated Value
$163,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,929
Avg. Annual Appreciation
5.42%
Original Mortgage
$106,400
Outstanding Balance
$50,913
Interest Rate
3.01%
Mortgage Type
Commercial
Estimated Equity
$113,016

Purchase Details

Closed on
Feb 6, 2018
Sold by
Anderson Brittany T and Anderson David
Bought by
Reichel Shannon Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2006
Sold by
Geerdes Scott D and Geerdes Stephani L
Bought by
Smith Brittany T and Sutter Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,742
Interest Rate
6.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Olson Christian Bjorn $133,000 Jenkinson Abstract Company
Reichel Shannon Elizabeth $95,000 Jenkinson Abstract Co
Smith Brittany T $104,651 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Christian Bjorn $106,400
Previous Owner Reichel Shannon Elizabeth $95,000
Previous Owner Smith Brittany T $106,742
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $133,000 -0.7% $96 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $134,000 -- $97 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,714 $161,100 $11,700 $149,400
2024 $1,542 $151,100 $11,700 $139,400
2023 $1,492 $137,500 $9,300 $128,200
2022 $1,032 $126,700 $10,300 $116,400
2021 $982 $91,300 $9,300 $82,000
2020 $952 $91,300 $9,300 $82,000
2019 $884 $86,500 $8,900 $77,600
2018 $1,194 $77,300 $7,900 $69,400
2017 $1,116 $77,300 $7,900 $69,400
2016 $982 $70,300 $7,200 $63,100
2015 $955 $80,100 $7,200 $72,900
2013 $885 $58,600 $5,067 $53,533
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Vonnie Cone

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    Non-Member

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7028083

REALTOR® Association of Southern Minnesota

APN: 231300030

Minnesota Martin County Fairmont 56031

714 S Prairie Ave, Fairmont, MN

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