Katie Slater
NextHome at the Lakes
(712) 339-2094
118 Total Sales
2 in Fairmont
$290K - $428K Price Range
720 E 3rd St Fairmont, MN 56031
Fairmont Area
3
Beds
1.5
Baths
1,204
Sq Ft
6,534
Sq Ft Lot
Highlights
- No HOA
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of July 2026This inviting home offers updated flooring, a spacious living area, and a layout that feels both comfortable and functional. With 2 bedrooms and 2 baths, it’s sized right for everyday living while still offering room to grow. A usable basement adds storage, hobby space, or future finishing potential, and the large upstairs area provides a flexible bonus space for work, play, or guests. Outside, the detached garage delivers convenience and extra storage. A solid, versatile home with features that fit a wide range of needs.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $952
Year Built
- Built in 1920
Parking
- 1 Car Detached Garage
Home Design
- Block Foundation
- Stucco Exterior
Interior Spaces
- 1,204 Sq Ft Home
- 1.5-Story Property
- Basement
- Block Basement Construction
Bedrooms and Bathrooms
- 3 Bedrooms
Additional Features
- Lot Dimensions are 54x122
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Gilberts Subdivision
Listing and Financial Details
- Assessor Parcel Number 231210210
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2019
Closed on
Jul 26, 2019
Sold by
Bought by
Seller's Agent
James Ness
HOMESTEAD REALTY, LLC
Buyer's Agent
Elise Nielsen
AMERICAN WAY REALTY
List Price
$72,500
Sold Price
$74,000
Premium/Discount to List
$1,500
2.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$72,659
Outstanding Balance
$63,186
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$52,428
Purchase Details
Closed on
Sep 15, 2016
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fairmont, MN
-
Katie Slater
-
Matt Johnson
Matt Johnson
Leland Realty
(507) 528-8812
245 Total Sales
1 in Fairmont
$87,333 Price
-
Christopher Wasilensky
Christopher Wasilensky
Keller Williams Realty Integrity Lakes
(612) 261-0936
91 Total Sales
1 in Fairmont
$280,000 Price
-
Amanda Geiger
Amanda Geiger
Keller Williams Classic Realty
(507) 690-1605
35 Total Sales
2 in Fairmont
$168K - $170K Price Range
-
Christa Wolner
Christa Wolner
Connect Real Estate Group, LLC
(507) 607-2636
70 Total Sales
2 in Fairmont
$147K - $570K Price Range
-
Christine Thomas
Christine Thomas
LAKE SHORES & MORE REALTY
(507) 575-4664
67 Total Sales
1 in Fairmont
$112,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $74,000 | Jenkinson Abstract Company | |
| Quit Claim Deed | $20,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $72,659 | FHA | |
| Previous Owner | $10,000 | Credit Line Revolving |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2026 07/23/26 | Sold | $115,000 | -1.7% | $96 / Sq Ft | |
| 06/29/2026 06/29/26 | Pending | -- | -- | -- | |
| 05/28/2026 05/28/26 | For Sale | $117,000 | +58.1% | $97 / Sq Ft | |
| 07/26/2019 07/26/19 | Sold | $74,000 | +2.1% | $48 / Sq Ft | View Prior Sale |
| 05/31/2019 05/31/19 | Pending | -- | -- | -- | |
| 04/22/2019 04/22/19 | For Sale | $72,500 | -- | $47 / Sq Ft |
Source: NorthstarMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,028 | $103,900 | $14,200 | $89,700 |
| 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
-
Bart Clayton
B
Seller's Agent in 2026
Bart Clayton
EXIT Realty - Great Plains
(507) 848-4396
17 Total Sales
-
Justin Maday
J
Buyer's Agent in 2026
Justin Maday
Edina Realty
(507) 385-7575
4 Total Sales
-
James Ness
Seller's Agent in 2019
James Ness
HOMESTEAD REALTY, LLC
(507) 525-2010
14 Total Sales
-
Judy Ness
Seller Co-Listing Agent in 2019
Judy Ness
HOMESTEAD REALTY, LLC
(507) 525-2009
112 Total Sales
-
Elise Nielsen
E
Buyer's Agent in 2019
Elise Nielsen
AMERICAN WAY REALTY
(507) 340-7047
15 Total Sales
Map
Source: NorthstarMLS
MLS Number: 7082853
APN: 231210210
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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