940 Liberty Ln Fairmont, MN 56031
Estimated Value: $243,194 - $261,000
3
Beds
2
Baths
1,917
Sq Ft
$131/Sq Ft
Est. Value
About This Home
This home is located at 940 Liberty Ln, Fairmont, MN 56031 and is currently estimated at $250,299, approximately $130 per square foot. 940 Liberty Ln 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
Aug 15, 2022
Sold by
Matherson and Tricia
Bought by
Mcgowan Chad Alan and Mcgowan Joann Marie
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
$195,000
Outstanding Balance
$186,114
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$64,185
Purchase Details
Closed on
Dec 20, 2017
Sold by
Simser James E
Bought by
Matheson Kelly and Matheson Tricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,949
Interest Rate
3.9%
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 |
|---|---|---|---|
| Mcgowan Chad Alan | $219,900 | None Listed On Document | |
| Matheson Kelly | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcgowan Chad Alan | $195,000 | |
| Previous Owner | Matheson Kelly | $144,949 |
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 | $2,400 | $196,100 | $31,600 | $164,500 |
| 2024 | $2,228 | $198,300 | $31,600 | $166,700 |
| 2023 | $2,170 | $187,700 | $29,500 | $158,200 |
| 2022 | $1,922 | $172,800 | $30,200 | $142,600 |
| 2021 | $1,806 | $147,800 | $31,600 | $116,200 |
| 2020 | $1,750 | $146,000 | $31,600 | $114,400 |
| 2019 | $1,520 | $137,300 | $29,700 | $107,600 |
| 2018 | $1,698 | $133,000 | $28,800 | $104,200 |
| 2017 | $1,454 | $98,400 | $21,278 | $77,122 |
| 2016 | $1,372 | $96,100 | $20,823 | $75,277 |
| 2015 | $1,251 | $100,900 | $24,926 | $75,974 |
| 2013 | $1,461 | $100,900 | $24,926 | $75,974 |
Source: Public Records
Map
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