NOT LISTED FOR SALE

720 E 3rd St Fairmont, MN 56031

Estimated Value: $94,000 - $129,000

3 Beds
2 Baths
1,548 Sq Ft
$73/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $74,000 $48 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $674/month

Highlights

  • 1 Car Detached Garage
  • Bungalow
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • Bathroom on Main Level
  • Combination Dining and Living Room

About This Home

As of July 2019

This 2BR 2 bath home is priced to sell. The front entry opens into a spacious 3 season room with natural lighting. The 3 season room leads directly into living/dining room which provides a great space for entertaining or just relaxing. The main floor also features 2 bedrooms and a full bath. A large 3rd bedroom can be found on the upper level with an additional sitting area. The cozy kitchen includes: stove, refrigerator, microwave and a dishwasher and space for a small table and direct access to the backyard. The basement features a laundry area, a 3/4 bath, storage room and plenty of open space.

Last Agent to Sell the Property

James Ness

HOMESTEAD REALTY, LLC Listed on: 04/22/2019

Co-Listed By

Judy Ness

HOMESTEAD REALTY, LLC

Last Buyer's Agent

Elise Nielsen

EXIT REALTY- Great Plains License #40378263

EXIT REALTY- Great Plains

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $952

Year Built

  • 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 54x122

Home Design

  • Bungalow
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,548 Sq Ft Home
  • Combination Dining and Living Room
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

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

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 231210210

Home Details

Home Type

Single Family

Est. Annual Taxes

$952

Year Built

1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Bungalow (L)
  • Amenities: Eat-In Kitchen, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 0.15
  • Assessments: Yes
  • Foundation Size: 1148
  • L V T Date: 04/22/2019
  • Mechanicals: Water Heater-Electric, Circuit Breaker
  • Parcel Number: 231210210
  • Stories: 1.25 - 1.75 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 11.5x10, On Level: Main
  • Room 2: Living Room, 25x15, On Level: Main
  • Room 3: 3 Season Porch, 11x10, On Level: Main
  • Room 4: Bedroom, 11.5x10, On Level: Main
  • Room 5: Bedroom, 11.5x11.5, On Level: Main
  • Room 6: Bathroom, 8x6, On Level: Main
  • Room 7: 23x12.5, On Level: Second Floor
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1548
  • Tot Above Grade Sq Ft: 1791
  • Total Fin Square Footage: 1548
  • Total Square Footage: 2939
  • Tot Below Grade Sq Ft: 1148

Exterior Features

  • Frontage Road: Curb/Gutters, City
  • Construction Type: Concrete Block
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1
  • Garage Square Footage: 384

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 54x122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jul 26, 2019
Sold by
Howe Carolyn R and Howe Ronald
Bought by
Jacobsen Jaxx
Seller's Agent
James Ness
HOMESTEAD REALTY, LLC
Buyer's Agent
Elise Nielsen
EXIT REALTY- Great Plains
List Price
$72,500
Sold Price
$74,000
Premium/Discount to List
$1,500
2.07%
Current Estimated Value
$113,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,091
Avg. Annual Appreciation
7.01%
Original Mortgage
$72,659
Outstanding Balance
$64,484
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$48,607

Purchase Details

Closed on
Sep 15, 2016
Sold by
Bliesmer Byron and Bliesmer Patricia A
Bought by
Howe Carolyn R
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
Jacobsen Jaxx $74,000 Jenkinson Abstract Company
Howe Carolyn R $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobsen Jaxx $72,659
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $74,000 +2.1% $48 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $72,500 -- $47 / 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 $952 $98,700 $14,200 $84,500
2024 $618 $98,600 $14,200 $84,400
2023 $672 $65,900 $10,800 $55,100
2022 $628 $67,900 $11,500 $56,400
2021 $598 $53,900 $11,200 $42,700
2020 $544 $53,700 $11,200 $42,500
2019 $918 $44,900 $9,300 $35,600
2018 $886 $39,000 $8,000 $31,000
2017 $904 $25,900 $5,336 $20,564
2016 $986 $28,700 $5,932 $22,768
2015 $369 $28,100 $5,512 $22,588
2013 $453 $29,200 $5,276 $23,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7020547

REALTOR® Association of Southern Minnesota

APN: 231210210