775 Summit Dr Fairmont, MN 56031
Estimated Value: $226,916 - $260,000
3
Beds
2
Baths
1,774
Sq Ft
$139/Sq Ft
Est. Value
About This Home
This home is located at 775 Summit Dr, Fairmont, MN 56031 and is currently estimated at $246,479, approximately $138 per square foot. 775 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
Jun 10, 2022
Sold by
Urban Stephen D
Bought by
Grotte Colby and Grotte Donna
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
$168,800
Outstanding Balance
$63,319
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$183,160
Purchase Details
Closed on
Jun 24, 2009
Sold by
Steuber Kenneth
Bought by
Urban Stephen D and Urban Tranna E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
4.92%
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 |
|---|---|---|---|
| Grotte Colby | $211,000 | None Listed On Document | |
| Urban Stephen D | $62,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grotte Colby | $168,800 | |
| Previous Owner | Urban Stephen D | $42,000 |
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 | $2,778 | $222,400 | $20,100 | $202,300 |
| 2024 | $2,722 | $224,300 | $20,100 | $204,200 |
| 2023 | $2,540 | $223,900 | $19,700 | $204,200 |
| 2022 | $2,202 | $197,900 | $20,400 | $177,500 |
| 2021 | $2,096 | $165,500 | $21,200 | $144,300 |
| 2020 | $2,038 | $165,300 | $21,200 | $144,100 |
| 2019 | $1,774 | $155,500 | $19,900 | $135,600 |
| 2018 | $1,980 | $151,000 | $19,300 | $131,700 |
| 2017 | $1,700 | $116,700 | $14,877 | $101,823 |
| 2016 | $1,604 | $114,200 | $14,552 | $99,648 |
| 2015 | $1,335 | $108,100 | $14,029 | $94,071 |
| 2013 | $1,477 | $102,100 | $13,821 | $88,279 |
Source: Public Records
Map
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