Closed

$300,000

220 Cottonwood Rd, Fairmont, MN 56031

3beds

1,779sqft

Single Family Residence

Built in 1978

3.49 Acres Lot

$348,400 Zestimate^®

$169/sqft

$1,945 Estimated rent

Home value

$348,400

$317,000 - $383,000

$1,945/mo

Zestimate^® history

Owner options

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$1,945/mo

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$1,945/mo

Rent Zestimate^®

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$1,825/mo

Est. payment

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$1,825/mo

Est. payment

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What's special

Rare lakefront propertiesComposite deckingDeer standHalf bath

Let me introduce to you to these two EXTREMELY RARE LAKEFRONT properties nestled among the trees at 220 and 222 Cottonwood Rd in Fairmont. These two properties will be sold together. If you love access to water and want additional land, these properties are just the ticket. BOTH properties have waterfront on BOTH South Silver Lake and Iowa Lake! The primary ranch-style home sits on 2.18 acres, while the additional vacant lot includes 1.31 acres-combined 3.49 acres! The home features a primary bedroom suite with half bath, plus two more main floor bedrooms and a full bath, which has been updated. Enjoy views from the deck (composite decking) off the dining room. Breezeway to garage. Downstairs, you'll find a rec room, 3 bonus rooms (would make great bedrooms), laundry, utility, and 3/4 bath. The basement has a walkout door. The extra lot includes a deer stand, tent/shed for storage, and a prolific vegetable garden. Many fruit trees on these properties to enjoy. Dock on Iowa Lake stays.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 1
1/2 bathrooms: 1

Bedroom

Level: Main
Area: 200.34 Square Feet
Dimensions: 15.9x12.6

Bedroom 2

Level: Main
Area: 112.21 Square Feet
Dimensions: 11.11x10.1

Bedroom 3

Level: Main
Area: 92.12 Square Feet
Dimensions: 9.8x9.4

Bonus room

Level: Basement
Area: 223.6 Square Feet
Dimensions: 17.2x13

Bonus room

Level: Basement
Area: 138.75 Square Feet
Dimensions: 11.10x12.5

Bonus room

Level: Basement
Area: 91.64 Square Feet
Dimensions: 11.3x8.11

Deck

Level: Main
Area: 247.08 Square Feet
Dimensions: 21.3x11.6

Dining room

Level: Main
Area: 139.86 Square Feet
Dimensions: 11.1x12.6

Foyer

Level: Main
Area: 70.8 Square Feet
Dimensions: 11.8x6

Kitchen

Level: Main
Area: 157.5 Square Feet
Dimensions: 12.6x12.5

Laundry

Level: Basement
Area: 104.88 Square Feet
Dimensions: 13.8x7.6

Living room

Level: Main
Area: 208.98 Square Feet
Dimensions: 16.2x12.9

Recreation room

Level: Basement
Area: 350.55 Square Feet
Dimensions: 20.5x17.10

Heating

Boiler

Cooling

Wall Unit(s)

Appliances

Included: Dishwasher, Dryer, Exhaust Fan, Freezer, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Laundry: In Basement

Features

Basement: Concrete,Sump Pump,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 1,779
Total interior livable area: 1,779 sqft
Finished area above ground: 1,344
Finished area below ground: 435

Property

Parking

Total spaces: 2
Parking features: Attached, Insulated Garage
Attached garage spaces: 2
Details: Garage Dimensions (23x21)

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Composite Decking, Deck
Waterfront features: Dock, Lake Front, Lake Bottom(Rocky)
Frontage length: Water Frontage: 180

Lot

Size: 3.49 Acres
Dimensions: 362 x 407 x 315 x 187
Features: Irregular Lot, Tree Coverage - Heavy

Details

Additional structures: Storage Shed
Foundation area: 1344
Additional parcels included: 170300700
Parcel number: 170300725
Zoning description: Residential-Single Family
Other equipment: Fuel Tank - Owned

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Metal

Condition

New construction: No
Year built: 1978

Utilities & green energy

Electric: Circuit Breakers, Power Company: Federated Rural Electric
Gas: Oil
Sewer: Private Sewer
Water: Private, Well

Community & neighborhood

Location

Region: Fairmont

HOA & financial

HOA

Has HOA: No

Price history

Date	Event	Price
10/16/2023	Sold	$300,000-23.1%$169/sqft
Source: NorthstarMLS as distributed by MLS GRID #6414594 Report a problem
9/29/2023	Pending sale	$389,900$219/sqft
Source: NorthstarMLS as distributed by MLS GRID #6414594 Report a problem
8/29/2023	Price change	$389,900-7.1%$219/sqft
Source: NorthstarMLS as distributed by MLS GRID #6414594 Report a problem
8/10/2023	Listed for sale	$419,900$236/sqft
Source: NorthstarMLS as distributed by MLS GRID #6414594 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,932 +5.6%	$270,600 +10%
2024	$1,830 -0.8%	$246,100 -2.1%
2023	$1,844 -2.8%	$251,500 +12.9%
2022	$1,898 +25.9%	$222,800 +3.9%
2021	$1,508 -3.7%	$214,500 +20.3%
2020	$1,566 +15.8%	$178,300 +19.7%
2018	$1,352 +9.8%	$149,000 +17.3%
2017	$1,231 +19.6%	$127,000 +15.6%
2016	$1,029 +9.1%	$109,900 -1.9%
2015	$943 +35.3%	$112,000 +78.6%
2013	$697 +11.2%	$62,700 +2.5%
2012	$627	$61,200
2011	--	--
2010	--	$89,700