716 E 7th St Fairmont, MN 56031
Estimated Value: $87,000 - $121,996
3
Beds
1
Bath
1,224
Sq Ft
$88/Sq Ft
Est. Value
About This Home
This home is located at 716 E 7th St, Fairmont, MN 56031 and is currently estimated at $107,499, approximately $87 per square foot. 716 E 7th 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
Dec 21, 2022
Sold by
Klous Danny and Klous Andrea
Bought by
Brodman Timothy E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,635
Outstanding Balance
$83,126
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$24,373
Purchase Details
Closed on
Jul 17, 2013
Sold by
Bank Plus
Bought by
Klous Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.91%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Brodman Timothy E | $89,000 | -- | |
| Brodman Timothy | $89,000 | -- | |
| Klous Daniel | $285,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brodman Timothy | $85,635 | |
| Closed | Brodman Timothy E | $83,943 | |
| Previous Owner | Klous Daniel | $213,750 | |
| Closed | Brodman Timothy E | $83,943 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $968 | $95,200 | $10,500 | $84,700 |
| 2024 | $640 | $99,700 | $10,500 | $89,200 |
| 2023 | $664 | $68,700 | $5,700 | $63,000 |
| 2022 | $728 | $66,800 | $6,500 | $60,300 |
| 2021 | $698 | $45,100 | $5,500 | $39,600 |
| 2020 | $726 | $45,100 | $5,500 | $39,600 |
| 2019 | $630 | $45,100 | $5,500 | $39,600 |
| 2018 | $562 | $33,900 | $4,100 | $29,800 |
| 2017 | $502 | $32,000 | $3,900 | $28,100 |
| 2016 | $530 | $35,400 | $4,300 | $31,100 |
| 2015 | $371 | $31,100 | $3,900 | $27,200 |
| 2013 | $495 | $35,700 | $4,100 | $31,600 |
Source: Public Records
Map
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