NOT LISTED FOR SALE

977 Shoreacres Dr Fairmont, MN 56031

Estimated Value: $342,363 - $486,000

4 Beds
2 Baths
2,634 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 08, 2014

Last sale price $171,000 $65 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,442/month

Highlights

  • 65 Feet of Waterfront
  • Wood Flooring
  • 2 Car Attached Garage
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Woodwork

About This Home

As of September 2014

Beautiful lake home retreat awaits you!! This 4 bedroom 2 bath home has beautiful hardwood floors, remodeled kitchen and bathroom!! A wood burning fireplace on the main floor and in the basement! A great family room for entertaining downstairs with a wet bar. Upstairs is a huge master bedroom with vaulted ceilings, and a patio door leading to your own deck for enjoying the morning sun or evening moon!! Double garage, and beautiful landscaping! A real must see lake property!

Last Agent to Sell the Property

Wendy Emler

CENTURY 21 Northland Realty Listed on: 07/18/2014

Last Buyer's Agent

Wendy Emler

CENTURY 21 Northland Realty Listed on: 07/18/2014

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1966

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65 x 130
  • 65 Feet of Waterfront
  • Lake Front
  • Landscaped with Trees

Home Design

  • Twin Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 231610100

Townhouse Details

Home Type

Townhome

Year Built

1966

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Twin Home
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.19
  • Construction: Previously Owned
  • Dnr Lake Id Number: 46003000
  • Parcel Number: 231610100
  • Stories: 4+ Story
  • Street Designation: Drive
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1966

Interior Features

  • Dining Room: Breakfast Nook, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 12x18, On Level: Main
  • Room 2: Dining Room, 11x12, On Level: Main
  • Room 3: Bedroom, 9x11, On Level: Main
  • Room 4: Bedroom, 9x11, On Level: Main
  • Room 5: Master Bedroom, 10x37, On Level: Upper
  • Room 6: Bedroom, 10x15, On Level: Lower
  • Room 7: 8x14, On Level: Lower
  • Room 8: Family Room, 12x30, On Level: Basement
  • Room 9: Kitchen, 10x20, On Level: Basement
  • Basement Features: Daylight/Lookout Windows, Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1602
  • Below Grade Finished Sq Ft: 1032
  • Total Fin Square Footage: 2634
  • Total Square Footage: 2634

Exterior Features

  • Frontage Road: City
  • LakeAcres: 227.9
  • Soil Type: Loam
  • Lake Chain: Yes
  • Waterfront Name: Budd
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 65
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 65 x 130
  • Lot/Land Description: Landscaped, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Sep 3, 2014
Sold by
Sorenson Steve and Sorenson Monica
Bought by
Voss Wendy R and Voss Christopher Q
Seller's Agent
Wendy Emler
CENTURY 21 Northland Realty
Buyer's Agent
Wendy Emler
CENTURY 21 Northland Realty
List Price
$189,900
Sold Price
$171,000
Premium/Discount to List
-$18,900
-9.95%
Current Estimated Value
$395,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,341
Avg. Annual Appreciation
7.70%
Original Mortgage
$162,450
Outstanding Balance
$124,182
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$271,159

Purchase Details

Closed on
May 6, 2010
Sold by
Federal National Mortgage Association
Bought by
The United State Of America

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,875
Interest Rate
5.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 10, 2007
Sold by
Clow Shawn C and Clow Nicloe D
Bought by
Hare William and Hare Bridgette

Purchase Details

Closed on
Mar 1, 2006
Sold by
Landmark Ii Llc
Bought by
Clow Shawn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,500
Interest Rate
6.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Voss Wendy R $171,000 None Available
The United State Of America -- None Available
Hare William $380,000 None Available
Clow Shawn C $159,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voss Wendy R $162,450
Previous Owner The United State Of America $175,875
Previous Owner Clow Shawn C $159,500
Closed Hare William $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2014 09/08/14 Sold $171,000 -10.0% $65 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $189,900 -- $72 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,374 $381,600 $112,200 $269,400
2024 $3,520 $334,100 $85,800 $248,300
2023 $3,474 $282,400 $46,200 $236,200
2022 $3,404 $261,400 $45,900 $215,500
2021 $2,698 $241,900 $45,900 $196,000
2020 $2,806 $205,200 $45,900 $159,300
2019 $2,744 $204,400 $45,900 $158,500
2018 $2,852 $206,800 $32,800 $174,000
2017 $2,142 $149,800 $28,633 $121,167
2016 $2,060 $149,800 $28,633 $121,167
2015 $2,823 $234,600 $30,854 $203,746
2013 $3,563 $257,300 $32,800 $224,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4672736

REALTOR® Association of Southern Minnesota

APN: 231610100