Conveniently located close to downtown, this home offers easy access to shopping, dining, parks, and local amenities. The spacious basement provides endless possibilities—whether you're looking to create additional living space, a home office, workout room, or simply enjoy abundant storage. With room to grow and customize, this property is ready for you to make it your own.
Active
Price cut: $10K (9/1)
Est. $89,900
316 E 2nd St, Fairmont, MN 56031
2beds
1,260sqft
Single Family
Built in 1890
7,405 Square Feet Lot
$-- Zestimate®
$71/sqft
$-- HOA
What's special
Abundant storageSpacious basement
- 37 days
- 261
- 9
Zillow last checked:
Listing updated:
Listed by:
Karen L Mussmann 507-236-4811,
EXIT Realty - Great Plains
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7118387
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Bedroom 2
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Kitchen
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9x10
Living room
- Level: Main
- Area: 270 Square Feet
- Dimensions: 18x15
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,520
- Total interior livable area: 1,260 sqft
- Finished area above ground: 1,260
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
Lot
- Size: 7,405 Square Feet
- Dimensions: 54 x 128
Details
- Foundation area: 1260
- Parcel number: 230401720
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Village/Fairmont
HOA
- Has HOA: No
Location
- Region: Fairmont
Financial & listing details
- Price per square foot: $71/sqft
- Tax assessed value: $78,600
- Annual tax amount: $1,224
- Date on market: 7/30/2026
- Cumulative days on market: 5 days
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
$937/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $89,900-10%$71/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7118387 Report a problem | ||
| 7/30/2026 | Listed for sale | $99,900+145.1%$79/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7118387 Report a problem | ||
| 1/6/2026 | Sold | $40,752+16.4%$32/sqft |
Source: Public Record Report a problem | ||
| 12/13/2016 | Sold | $35,000-26.9%$28/sqft |
Source: Public Record Report a problem | ||
| 9/27/2015 | Listing removed | $47,900$38/sqft |
Source: CENTURY 21 Northland Realty #6010553 Report a problem | ||
| 6/30/2015 | Listed for sale | $47,900+6.4%$38/sqft |
Source: CENTURY 21 Northland Realty #6010553 Report a problem | ||
| 10/5/2013 | Listing removed | $45,000$36/sqft |
Source: Cavers Realty, Inc. #7001720 Report a problem | ||
| 9/25/2013 | Price change | $45,000-4.1%$36/sqft |
Source: Cavers Realty, Inc. #7001720 Report a problem | ||
| 4/11/2013 | Price change | $46,900-6%$37/sqft |
Source: Cavers Realty, Inc. #7001720 Report a problem | ||
| 3/19/2013 | Listed for sale | $49,900$40/sqft |
Source: Cavers Realty, Inc. #7001720 Report a problem | ||
| 8/14/2007 | Sold | $49,900$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,128 +59.8% | $78,600 |
| 2024 | $706 -9.9% | $78,600 +56.3% |
| 2023 | $784 +15.3% | $50,300 -4% |
| 2022 | $680 +53.2% | $52,400 +25.1% |
| 2021 | $444 +11% | $41,900 +19.7% |
| 2020 | $400 +17% | $35,000 +24.1% |
| 2018 | $342 -19.7% | $28,200 -10.2% |
| 2017 | $426 -6.3% | $31,400 -10% |
| 2016 | $454 +16.2% | $34,900 +6.7% |
| 2015 | $391 -9.9% | $32,700 +4.5% |
| 2013 | $434 +65.3% | $31,300 +72% |
| 2012 | $262 | $18,200 |
| 2011 | -- | -- |
| 2010 | -- | $30,400 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 56031
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