Closed

$92,000

227 S Elm St, Fairmont, MN 56031

2beds

1,614sqft

Single Family

Built in 1915

7,492 Square Feet Lot

$92,300 Zestimate^®

$57/sqft

$1,361 Estimated rent

Home value

$92,300

Estimated sales range

Not available

$1,361/mo

Zestimate^® history

Owner options

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$1,361/mo

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$1,361/mo

Rent Zestimate^®

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$463/mo

Est. payment

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$463/mo

Est. payment

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What's special

Porch off the backBonus roomLarge kitchenGenerously sized bedrooms

Spacious 2 bedroom home located in the heart of Fairmont. This home is ready for a new owner with a large kitchen that opens to the large living room/dining room combo. There is also a 3/4 bath located on the main level with the porch off the back. Upstairs you will find two generously sized bedrooms as well as a bonus room that would work well as an office, play room or an extra large closet.

Facts & features

Interior

Bedrooms & bathrooms

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

Bedroom

Level: Upper
Area: 155.25 Square Feet
Dimensions: 11.5x13.5

Bedroom 2

Level: Upper
Area: 109.25 Square Feet
Dimensions: 9.5x11.5

Bonus room

Level: Upper
Area: 104 Square Feet
Dimensions: 13x8

Dining room

Level: Main
Area: 115 Square Feet
Dimensions: 10x11.5

Kitchen

Level: Main
Area: 149.5 Square Feet
Dimensions: 11.5x13

Living room

Level: Main
Area: 149.5 Square Feet
Dimensions: 13x11.5

Heating

Forced Air

Cooling

None

Features

Basement: Block,Full
Has fireplace: No

Interior area

Total structure area: 1,614
Total interior livable area: 1,614 sqft
Finished area above ground: 1,031
Finished area below ground: 0

Property

Parking

Parking features: Gravel

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2

Lot

Size: 7,492 Square Feet
Dimensions: 50 x 150

Details

Foundation area: 583
Parcel number: 232690630
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Condition

New construction: No
Year built: 1915

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: W & J Add

HOA

Has HOA: No

Location

Region: Fairmont

Financial & listing details

Price per square foot: $57/sqft
Tax assessed value: $69,800
Annual tax amount: $939
Date on market: 9/17/2025
Cumulative days on market: 180 days

Price history

Date	Event	Price
5/8/2026	Sold	$92,000$57/sqft
Source: NorthstarMLS as distributed by MLS GRID #6790125 Report a problem
3/16/2026	Pending sale	$92,000$57/sqft
Source: NorthstarMLS as distributed by MLS GRID #6790125 Report a problem
9/17/2025	Listed for sale	$92,000+17.9%$57/sqft
Source: NorthstarMLS as distributed by MLS GRID #6790125 Report a problem
1/21/2025	Sold	$78,000-8.1%$48/sqft
Source: NorthstarMLS as distributed by MLS GRID #6645144 Report a problem
1/12/2025	Pending sale	$84,900$53/sqft
Source: NorthstarMLS as distributed by MLS GRID #6645144 Report a problem
1/6/2025	Listed for sale	$84,900+6.3%$53/sqft
Source: NorthstarMLS as distributed by MLS GRID #6645144 Report a problem
10/16/2023	Listing removed	--
Source: Exit Realty Report a problem
8/21/2023	Price change	$79,900-11.1%$50/sqft
Source: NorthstarMLS as distributed by MLS GRID #6384427 Report a problem
6/29/2023	Price change	$89,900-10%$56/sqft
Source: NorthstarMLS as distributed by MLS GRID #6384427 Report a problem
6/9/2023	Listed for sale	$99,900+1038.5%$62/sqft
Source: NorthstarMLS as distributed by MLS GRID #6384427 Report a problem
8/16/2010	Sold	$8,775-85.4%$5/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #1002613 Report a problem
8/8/2007	Sold	$60,000$37/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,008 +7.9%	$69,800
2024	$934 +17%	$69,800 +2.2%
2023	$798 +9.6%	$68,300 +27.9%
2022	$728 +4.3%	$53,400 +18.4%
2021	$698 +8.7%	$45,100 +14.8%
2020	$642 +9.2%	$39,300 +10.1%
2018	$588 +16%	$35,700 -4.8%
2017	$507 +9%	$37,500 +5%
2016	$465 -0.9%	$35,700 -9.2%
2015	$469 -8.6%	$39,300 +6.2%
2013	$513 -12.5%	$37,000 -14.7%
2012	$586	$43,400
2011	--	--
2010	--	$53,700