NOT LISTED FOR SALE

718 N Main St Fairmont, MN 56031

Estimated Value: $54,000 - $77,000

3 Beds
2 Baths
757 Sq Ft
$89/Sq Ft Est. Value

About This Home

This home is located at 718 N Main St, Fairmont, MN 56031 and is currently estimated at $67,486, approximately $89 per square foot. 718 N Main St 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
Jul 28, 2023
Sold by
Mid American Properties Llc
Bought by
Morales Jose and Morales Graciela
Current Estimated Value
$67,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$22,595
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$44,891

Purchase Details

Closed on
Sep 3, 2008
Sold by
Valuable Con Landmark V Llc
Bought by
Marie Riegel Llp

Purchase Details

Closed on
May 1, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Landmark V Llc

Purchase Details

Closed on
Oct 27, 2005
Sold by
Ricard Gary L and Ricard Constance M
Bought by
Knight Vickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2005
Sold by
Riess Robert W and Riess Cynthia K
Bought by
Poetter Steven S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,200
Interest Rate
5.64%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Morales Jose $30,000 --
Mid American Properties Llc $57,800 None Listed On Document
Marie Riegel Llp $180,500 None Available
Landmark V Llc $29,000 None Available
Knight Vickie $65,000 None Available
Poetter Steven S $20,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mid American Properties Llc $30,000
Previous Owner Knight Vickie $13,000
Previous Owner Poetter Steven S $15,200
Closed Mid American Properties Llc $27,800
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 $528 $54,300 $12,000 $42,300
2024 $638 $52,500 $12,000 $40,500
2023 $954 $68,300 $6,300 $62,000
2022 $954 $51,500 $7,000 $44,500
2021 $768 $35,700 $5,900 $29,800
2020 $798 $35,700 $5,900 $29,800
2019 $732 $35,700 $5,900 $29,800
2018 $690 $27,000 $4,500 $22,500
2017 $652 $25,500 $4,200 $21,300
2016 $706 $28,200 $4,700 $23,500
2015 $317 $26,500 $4,300 $22,200
2013 $464 $33,500 $4,400 $29,100
Source: Public Records

Map

Minnesota Martin County Fairmont 56031

718 N Main St, Fairmont, MN

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