734 Summit Dr Fairmont, MN 56031
Estimated Value: $161,000 - $216,000
3
Beds
2
Baths
2,140
Sq Ft
$85/Sq Ft
Est. Value
About This Home
This home is located at 734 Summit Dr, Fairmont, MN 56031 and is currently estimated at $182,333, approximately $85 per square foot. 734 Summit Dr 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
May 31, 2013
Sold by
Federal National Mortgage Association
Bought by
Rahm Darin and Rahm Shannon
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Outstanding Balance
$14,471
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$167,862
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rahm Darin | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rahm Darin | $65,000 |
Source: Public Records
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 | $1,748 | $151,600 | $25,900 | $125,700 |
| 2024 | $1,780 | $153,400 | $25,900 | $127,500 |
| 2023 | $1,560 | $154,900 | $24,600 | $130,300 |
| 2022 | $1,372 | $131,300 | $25,300 | $106,000 |
| 2021 | $1,646 | $112,900 | $26,400 | $86,500 |
| 2020 | $1,616 | $112,900 | $26,400 | $86,500 |
| 2019 | $1,090 | $106,200 | $24,800 | $81,400 |
| 2018 | $1,566 | $102,900 | $24,000 | $78,900 |
| 2017 | $1,508 | $106,300 | $22,500 | $83,800 |
| 2016 | $1,428 | $104,500 | $22,100 | $82,400 |
| 2015 | $891 | $70,300 | $15,314 | $54,986 |
| 2013 | $1,045 | $70,300 | $15,314 | $54,986 |
Source: Public Records
Map
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