This 3BR/2BA Fairmont 1.75 story home with 1501 finished sqft is perfectly located just minutes from the Red Rock Center, gas station, and Downtown Plaza. Freshly painted throughout the interior with new vinyl flooring on the main level, this home offers a spacious living room, a separate dining room with a closet, and a kitchen with a convenient breakfast bar (stove and fridge included). Enjoy the cozy enclosed side porch off the kitchen. The main floor also features a combined laundry room and 3/4 bathroom. Upstairs, you’ll find all three bedrooms and a large full bathroom with tons of storage. All bedrooms have a small walk-in or step-in closet. Pass through the second bedroom to reach the third bedroom. The unfinished basement (door off the kitchen) offers potential for extra storage (freezer stays). While there’s no garage, the property offers alley access for off-street parking. Vinyl windows. Steel siding. Newer water heater. Great move-in ready starter home at a great price!
Closed
$115,000
308 S Elm St, Fairmont, MN 56031
3beds
2,281sqft
Single Family Residence
Built in 1890
7,492 Square Feet Lot
$117,800 Zestimate®
$50/sqft
$1,445 Estimated rent
Home value
$117,800
Estimated sales range
Not available
$1,445/mo
Zestimate® history
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List your homeWhat's special
Tons of storageEnclosed side porchPotential for extra storageThree bedroomsOff-street parkingSeparate dining roomCombined laundry room
Zillow last checked:
Listing updated:
Listed by:
Kim Kreiss 507-848-8102,
EXIT Realty - Great Plains
Bought with:
NON-RMLS
Non-MLS
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6658717
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 181.56 Square Feet
- Dimensions: 13.6x13.35
Bedroom 2
- Level: Upper
- Area: 161.52 Square Feet
- Dimensions: 13.25x12.19
Bedroom 3
- Level: Upper
- Area: 177.67 Square Feet
- Dimensions: 15.33x11.59
Bathroom
- Level: Upper
Dining room
- Level: Main
- Area: 211.95 Square Feet
- Dimensions: 16.13x13.14
Kitchen
- Level: Main
- Area: 158.48 Square Feet
- Dimensions: 15.18x10.44
Laundry
- Level: Main
Living room
- Level: Main
- Area: 211.44 Square Feet
- Dimensions: 16.03x13.19
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Freezer, Range, Refrigerator
- Laundry: Main Level
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,281
- Total interior livable area: 2,281 sqft
- Finished area above ground: 1,501
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Side Porch
Lot
- Size: 7,492 Square Feet
- Dimensions: 50 x 150
- Features: Tree Coverage - Medium
Details
- Foundation area: 780
- Parcel number: 232560320
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Wards Central
HOA
- Has HOA: No
Location
- Region: Fairmont
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $85,500
- Annual tax amount: $847
- Date on market: 2/7/2025
- Cumulative days on market: 4 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2025 | Sold | $115,000+4.6%$50/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6658717 Report a problem | ||
| 2/11/2025 | Pending sale | $109,900$48/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6658717 Report a problem | ||
| 2/7/2025 | Listed for sale | $109,900+10%$48/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6658717 Report a problem | ||
| 10/16/2023 | Listing removed | -- |
Source:  Exit Realty Report a problem | ||
| 8/21/2023 | Price change | $99,900-9.1%$44/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6384561 Report a problem | ||
| 6/29/2023 | Price change | $109,900-8.3%$48/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6384561 Report a problem | ||
| 6/9/2023 | Listed for sale | $119,900+548.1%$53/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6384561 Report a problem | ||
| 3/29/2012 | Sold | $18,500-51.3%$8/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1030337 Report a problem | ||
| 3/7/2012 | Listed for sale | $38,000$17/sqft |
Source: Homestead Realty LLC #129321 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,266 +31.1% | $85,500 |
| 2024 | $966 -1.4% | $85,500 +27.8% |
| 2023 | $980 +11.9% | $66,900 +0.3% |
| 2022 | $876 +4.3% | $66,700 +20.6% |
| 2021 | $840 +8.8% | $55,300 +14.7% |
| 2020 | $772 +6.9% | $48,200 +7.3% |
| 2018 | $722 +13.3% | $44,900 -4.7% |
| 2017 | $637 +9.3% | $47,100 +4.9% |
| 2016 | $583 +4.7% | $44,900 -4.1% |
| 2015 | $557 -2.8% | $46,800 +13% |
| 2013 | $573 +37.9% | $41,400 +43.8% |
| 2012 | $416 | $28,800 |
| 2011 | -- | -- |
| 2010 | -- | $48,000 |
Find assessor info on the county website
Neighborhood: 56031
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Nearby schools
GreatSchools rating
- 3/10Fairmont Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 6/10Fairmont High SchoolGrades: 7-12Distance: 1 mi
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- Minnesota
- Martin County
- Fairmont
- 56031
- 308 S Elm St
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