Seller's Agent in 2023
Alexander Phippen
True Real Estate
(507) 525-6022
29 in this area
173 Total Sales
942 State Highway 15 Fairmont, MN 56031
Estimated Value: $132,000 - $181,000
3
Beds
1
Bath
1,350
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- 21,780 Sq Ft lot
- Den
- Eat-In Kitchen
- No HOA
- 1 Car Attached Garage
- Living Room
About This Home
As of July 2023The acreage you've been hoping for located less than a mile south of town. This 3 bedroom home with an attached garage and a large bath has it all. The basement has tall ceilings and has potential to be finished, the septic system is new within the past 5 years, and the home has a wood burning fireplace. Call today for your private tour. Owner is an agent.
Last Agent to Sell the Property
True Real Estate Brokerage Email: alexp@truerealestatemn.com Listed on: 03/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $566
Year Built
- Built in 1953
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 150 x 150
- Additional Parcels
Parking
- 1 Car Attached Garage
Interior Spaces
- 1,350 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Brick Fireplace
- Living Room
- Den
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Propane
- Well
- Septic System
Community Details
- No Home Owners Association
- Gambles Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 050210200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2023
Closed on
Jul 11, 2023
Sold by
Phippen Alexander and Phippen Crystal
Bought by
Major Belle
Seller's Agent
Alexander Phippen
True Real Estate
Buyer's Agent
Tracee Robinson Foote
America's Realty Group LLC
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Views
210
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
$11,130
Avg. Annual Appreciation
3.23%
Original Mortgage
$147,283
Outstanding Balance
$143,704
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$17,426
Purchase Details
Closed on
Oct 14, 2022
Sold by
Mid American Properties Llc
Bought by
Phippen Alexander
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2016
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.62%
Purchase Details
Closed on
Sep 3, 2008
Sold by
Valuafbel Con Landmark Vil Llc
Bought by
Marie Riegel Llp
Purchase Details
Closed on
Jan 1, 2006
Sold by
Poetter Steven S and Poetter Kayla A
Bought by
Landmark Vii Llc
Purchase Details
Closed on
Mar 24, 2005
Sold by
Wells Fargo Bank Na
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
$21,000
Interest Rate
5.71%
Mortgage Type
Future Advance Clause Open End Mortgage
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 |
|---|---|---|---|
| Major Belle | $150,000 | None Listed On Document | |
| Phippen Alexander | $240,000 | Minnesota River Valley Title | |
| -- | $55,000 | -- | |
| Marie Riegel Llp | $132,727 | None Available | |
| Landmark Vii Llc | -- | None Available | |
| Poetter Steven | $28,490 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Major Belle | $147,283 | |
| Previous Owner | Phippen Alexander | $230,000 | |
| Previous Owner | -- | $55,000 | |
| Previous Owner | Poetter Steven | $21,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2023 07/11/23 | Sold | $150,000 | -6.2% | $111 / Sq Ft |
| 05/16/2023 05/16/23 | Pending | -- | -- | -- |
| 03/13/2023 03/13/23 | For Sale | $159,900 | -- | $118 / 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 | $482 | $129,700 | $39,700 | $90,000 |
| 2024 | $504 | $77,600 | $29,700 | $47,900 |
| 2023 | $610 | $66,100 | $27,500 | $38,600 |
| 2022 | $566 | $60,900 | $27,000 | $33,900 |
| 2021 | $540 | $51,400 | $22,800 | $28,600 |
| 2020 | $520 | $51,400 | $22,800 | $28,600 |
| 2019 | $524 | $45,600 | $17,000 | $28,600 |
| 2018 | $540 | $45,600 | $17,000 | $28,600 |
| 2017 | $496 | $44,000 | $16,400 | $27,600 |
| 2016 | $476 | $44,000 | $16,400 | $27,600 |
| 2015 | $371 | $42,800 | $16,400 | $26,400 |
| 2013 | $307 | $28,400 | $13,900 | $14,500 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Phippen
-
Tracee Robinson Foote
T
Buyer's Agent in 2023
Tracee Robinson Foote
America's Realty Group LLC
(612) 501-1447
1 in this area
15 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6341729
APN: 050210200
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