NOT LISTED FOR SALE

827 N Park St Fairmont, MN 56031

Estimated Value: $47,000 - $89,824

2 Beds
1 Bath
877 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $47,000 $54 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $401/month

1 Day on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System

About This Home

As of November 2022

This 2BR/1BA Fairmont home is a great starter home or investment property. You will find this home is located on a corner lot with a detached one stall garage (12x22) with access off the alley. In the front of the house is a porch that would make a great mud room. From the porch, you'll be in the living room, then kitchen, which has newer cabinets. One bedroom and full bathroom is off the hallway. The other bedroom is off the living room. Some fresh interior paint. Basement is unfinished. Laundry in the basement. No central A/C. Yard size is good!

Last Agent to Sell the Property

Kim Kreiss

EXIT Realty - Great Plains Listed on: 10/19/2022

EXIT Realty - Great Plains

Last Buyer's Agent

Kim Kreiss

EXIT Realty - Great Plains Listed on: 10/19/2022

EXIT Realty - Great Plains

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $289

Year Built

  • Built in 1920

Lot Details

  • 7,362 Sq Ft Lot
  • Lot Dimensions are 48x153

Parking

  • 1 Car Garage

Interior Spaces

  • 877 Sq Ft Home
  • 1.5-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • T & J 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 232461480

Home Details

Home Type

Single Family

Est. Annual Taxes

$289

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 877
  • 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, Crawl Space, Partial
  • Living Area: 877
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 264

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Porch

Schools

  • Junior High Dist: Fairmont Area Schools
  • SchoolDistrictNumber: 2752
  • SchoolDistrictPhone: 507-238-4234

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 48x153
  • Lot Size Sq Ft: 7361.64
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Slate

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 232461480
  • Tax Annual Amount: 289
  • TaxWithAssessments: 358.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Nov 8, 2022
Sold by
Fairmont Investment Group Llp
Bought by
Ga Environmental Services Inc
Seller's Agent
Kim Kreiss
EXIT Realty - Great Plains
Buyer's Agent
Kim Kreiss
EXIT Realty - Great Plains
List Price
$49,900
Sold Price
$47,000
Premium/Discount to List
-$2,900
-5.81%
Current Estimated Value
$64,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,956
Avg. Annual Appreciation
11.63%

Purchase Details

Closed on
Sep 21, 2016
Sold by
Bank Plus
Bought by
Fairmont Investment Group Llp

Purchase Details

Closed on
Sep 3, 2008
Sold by
Valuable Con Landmark Vill Llc
Bought by
Mfarie Riegel Llp

Purchase Details

Closed on
Aug 1, 2005
Sold by
Altman Robert L and Kotewa Barbara J
Bought by
Poetter Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
5.74%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Ga Environmental Services Inc $47,000 --
Fairmont Investment Group Llp -- None Available
Mfarie Riegel Llp $265,524 None Available
Poetter Steven $17,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poetter Steven $14,000
Closed Fairmont Investment Group Llp $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2022 11/08/22 Sold $47,000 -5.8% $54 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $49,900 -- $57 / 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 $666 $50,800 $9,200 $41,600
2024 $550 $44,300 $9,200 $35,100
2023 $542 $37,900 $9,600 $28,300
2022 $358 $34,700 $10,700 $24,000
2021 $344 $19,800 $8,900 $10,900
2020 $346 $19,700 $8,900 $10,800
2019 $318 $19,000 $8,600 $10,400
2018 $302 $16,000 $7,200 $8,800
2017 $290 $14,700 $6,600 $8,100
2016 $284 $14,700 $6,600 $8,100
2015 $180 $15,000 $6,600 $8,400
2013 $213 $15,400 $6,600 $8,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6272243

NorthstarMLS

APN: 232461480