Seller's Agent in 2024
Jim Draper
RE/MAX
(507) 236-4521
74 in this area
89 Total Sales
721 Shoreacres Dr Fairmont, MN 56031
Estimated Value: $559,000 - $679,420
4
Beds
3.5
Baths
3,440
Sq Ft
$178/Sq Ft
Est. Value
Highlights
- Lake Front
- Loft
- No HOA
- Beach Access
- Sun or Florida Room
- Stainless Steel Appliances
About This Home
As of January 2024Stunning Lake Home on Budd Lake with an Open Floor Concept! This home has been completely remodeled Interior, Exterior and Landscaping! Feel right at home as you walk in & enjoy the breathtaking lake views! The main floor is the perfect place to entertain friends & family with a living room open to the kitchen, dining area, outside deck & a den/sun room! There are two bedrooms on the main, one a master suite with a walk in shower, soaking tub & walk in closet, the other has it's own 3/4 bath & there is a guest bath on the main adjacent to the laundry/mud room coming in from the garage. There is a darling upstairs loft perfect for an office/den. The lower level family room walks out to a stone patio overlooking Budd Lk. The two lower level bedrooms have plenty of natural light & share a walk in closet and there is a 3/4 bath. There is plenty of storage including a basement garage for lawn equipment & more! There is a deck/patio which takes you to the lake, with only 22 steps!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,043
Year Built
- Built in 1984
Lot Details
- 0.43 Acre Lot
- Lot Dimensions are 90x200
- Lake Front
- Cleared Lot
- Few Trees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Entrance Foyer
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Loft
- Sun or Florida Room
- Storage Room
- Lake Views
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Storage
Additional Features
- Beach Access
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Shoreacres Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 232110130
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2023
Closed on
Jan 12, 2024
Sold by
Glienke Timothy
Bought by
Buseman Russell and Buseman Janel
Seller's Agent
Jim Draper
RE/MAX TOTAL REALTY
Buyer's Agent
Wade Barslou
RE/MAX Total Realty
List Price
$649,900
Sold Price
$634,000
Premium/Discount to List
-$15,900
-2.45%
Views
103
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,294
Avg. Annual Appreciation
-1.76%
Original Mortgage
$634,000
Outstanding Balance
$623,459
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$10,604
Purchase Details
Listed on
May 2, 2013
Closed on
Jul 11, 2014
Sold by
Tollakson Rozella G
Bought by
Glienke Timothy J and Glienke Kiesha E
Seller's Agent
James Draper
CENTURY 21 Northland Realty
Buyer's Agent
Yvonne Cone
CENTURY 21 Northland Realty
List Price
$279,000
Sold Price
$225,000
Premium/Discount to List
-$54,000
-19.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$192,000
Interest Rate
5%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Buseman Russell | $634,000 | -- | |
| Glienke Timothy J | $225,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Buseman Russell | $634,000 | |
| Previous Owner | Glienke Timothy J | $192,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/12/2024 01/12/24 | Sold | $634,000 | -2.4% | $184 / Sq Ft | |
| 11/16/2023 11/16/23 | Pending | -- | -- | -- | |
| 10/19/2023 10/19/23 | For Sale | $649,900 | +188.8% | $189 / Sq Ft | |
| 07/15/2014 07/15/14 | Sold | $225,000 | -19.4% | $96 / Sq Ft | View Prior Sale |
| 06/06/2014 06/06/14 | Pending | -- | -- | -- | |
| 05/02/2013 05/02/13 | For Sale | $279,000 | -- | $119 / Sq Ft |
Source: NorthstarMLS
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 | $8,934 | $564,700 | $153,000 | $411,700 |
| 2024 | $4,658 | $629,800 | $117,000 | $512,800 |
| 2023 | $5,112 | $365,600 | $90,000 | $275,600 |
| 2022 | $5,046 | $372,600 | $75,600 | $297,000 |
| 2021 | $3,790 | $346,100 | $75,600 | $270,500 |
| 2020 | $3,932 | $277,500 | $75,600 | $201,900 |
| 2019 | $3,832 | $276,100 | $75,600 | $200,500 |
| 2018 | $3,932 | $275,800 | $54,000 | $221,800 |
| 2017 | $3,784 | $272,500 | $51,777 | $220,723 |
| 2016 | $2,776 | $205,600 | $49,831 | $155,769 |
| 2015 | $4,017 | $335,900 | $52,990 | $282,910 |
| 2013 | $4,789 | $344,800 | $53,122 | $291,678 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Draper
-
Jackie Jersak
Seller Co-Listing Agent in 2024
Jackie Jersak
RE/MAX
(952) 491-1718
55 in this area
68 Total Sales
-
Wade Barslou
Buyer's Agent in 2024
Wade Barslou
RE/MAX
(507) 525-0507
19 in this area
199 Total Sales
-
J
Seller's Agent in 2014
James Draper
CENTURY 21 Northland Realty
-
Y
Buyer's Agent in 2014
Yvonne Cone
CENTURY 21 Northland Realty
Map
Source: NorthstarMLS
MLS Number: 6447591
APN: 232110130
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