NOT LISTED FOR SALE

720 E 4th St Fairmont, MN 56031

Estimated Value: $52,000 - $90,217

2 Beds
1.5 Baths
838 Sq Ft
$92/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $40,000 $48 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $488/month

14 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Eat-In Kitchen
  • Bonus Room
  • The kitchen features windows
  • Living Room

About This Home

As of November 2023

Nice little home with an outdoor bunkhouse/man cave/ or she shed! This cute home has a front porch and back deck that welcome you into the home. Inside you will find a cozy living room, a kitchen with room for a small table, a main floor bedroom, full bathroom and main floor laundry! Upstairs is another bedroom and a finished attic. The outside is one of it's greatest assets with a large yard, a heated outdoor "bunkhouse", along with another shed for lawn equipment. No garage but a great concrete driveway! The basement is another place for storage. No Central A/C. A little TLC and this will be a darling little home!

Last Agent to Sell the Property

Jim Draper

RE/MAX TOTAL REALTY Listed on: 10/18/2023

RE/MAX TOTAL REALTY

Co-Listed By

Jackie Jersak

RE/MAX TOTAL REALTY

RE/MAX TOTAL REALTY

Last Buyer's Agent

Jackie Jersak

RE/MAX TOTAL REALTY

RE/MAX TOTAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $368

Year Built

  • Built in 1915

Lot Details

  • 6,578 Sq Ft Lot
  • Lot Dimensions are 54x122
  • Few Trees

Interior Spaces

  • 838 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Block Basement Construction
  • Basement Storage

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Gilberts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 231210100

Home Details

Home Type

Single Family

Est. Annual Taxes

$368

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 838
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Storage Space, Unfinished
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Living Area: 838
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Laundry, Bedroom 2, Bonus Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • One Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • Other Structures: Bunk House, Storage Shed
  • ConstructionMaterialsDesc: Block,Concrete,Frame
  • PatioPorchType: Deck,Front Porch,Patio

Garage/Parking

  • Parking Features: Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Main Floor Primary Bedroom,Patio,Washer/Dryer Hookup,Walk-In Closet,Walk-Up Attic

Schools

  • Junior High Dist: Fairmont Area Schools
  • SchoolDistrictPhone: 507-238-4234

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 54X122
  • Lot Size Sq Ft: 6577.56
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Slate

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 231210100
  • Tax Annual Amount: 368
  • TaxWithAssessments: 658.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 13, 2023
Sold by
Meyer Max
Bought by
Vega-Zamora Juan and Vega-Sanchez Liseyda
Seller's Agent
Jim Draper
RE/MAX TOTAL REALTY
Buyer's Agent
Jackie Jersak
RE/MAX TOTAL REALTY
List Price
$52,000
Sold Price
$40,000
Premium/Discount to List
-$12,000
-23.08%
Views
47
Current Estimated Value
$77,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,304
Avg. Annual Appreciation
36.25%
Original Mortgage
$30,000
Outstanding Balance
$27,736
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$49,568
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vega-Zamora Juan $40,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega-Zamora Juan $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2023 11/13/23 Sold $40,000 -23.1% $48 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $52,000 -- $62 / Sq Ft
Source: NorthstarMLS

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 $1,006 $69,500 $14,200 $55,300
2024 $450 $69,600 $14,200 $55,400
2023 $658 $45,900 $10,800 $35,100
2022 $658 $41,400 $11,500 $29,900
2021 $606 $33,900 $11,200 $22,700
2020 $592 $33,700 $11,200 $22,500
2019 $334 $28,200 $9,300 $18,900
2018 $306 $24,400 $8,000 $16,400
2017 $310 $16,200 $5,340 $10,860
2016 $326 $17,900 $5,927 $11,973
2015 $225 $17,200 $5,533 $11,667
2013 $263 $16,900 $5,274 $11,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6449492

NorthstarMLS

APN: 231210100