962 Shoreacres Dr Fairmont, MN 56031
Estimated Value: $232,000 - $279,000
4
Beds
2
Baths
1,560
Sq Ft
$161/Sq Ft
Est. Value
About This Home
This home is located at 962 Shoreacres Dr, Fairmont, MN 56031 and is currently estimated at $250,441, approximately $160 per square foot. 962 Shoreacres 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
Aug 6, 2021
Sold by
Miller Paul A and Miller Jessica
Bought by
Spitzer Roger and Schwieger Lori
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
$85,000
Outstanding Balance
$68,227
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$182,214
Purchase Details
Closed on
May 20, 2016
Sold by
Lokkesmoe Leona Leona
Bought by
Miller Paul Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,105
Interest Rate
3.58%
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 |
|---|---|---|---|
| Spitzer Roger | $200,000 | Minnesota River Valley Title | |
| Miller Paul Paul | $119,000 | -- | |
| Spitzer Roger Roger | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spitzer Roger | $85,000 | |
| Previous Owner | Miller Paul Paul | $101,105 | |
| Closed | Spitzer Roger Roger | $85,000 |
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 | $2,088 | $176,700 | $20,200 | $156,500 |
| 2024 | $2,116 | $176,700 | $20,200 | $156,500 |
| 2023 | $2,170 | $179,500 | $19,800 | $159,700 |
| 2022 | $1,664 | $172,800 | $20,400 | $152,400 |
| 2021 | $1,586 | $131,400 | $21,300 | $110,100 |
| 2020 | $1,536 | $131,400 | $21,300 | $110,100 |
| 2019 | $1,328 | $123,600 | $20,100 | $103,500 |
| 2018 | $1,490 | $119,700 | $19,400 | $100,300 |
| 2017 | $1,314 | $87,900 | $13,935 | $73,965 |
| 2016 | $1,236 | $85,600 | $13,520 | $72,080 |
| 2015 | $1,007 | $80,300 | $12,961 | $67,339 |
| 2013 | $1,181 | $80,300 | $12,961 | $67,339 |
Source: Public Records
Map
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