Don't miss out on viewing this home to see the numerous updates throughout. There are four bedrooms and four bathrooms, the upstairs has 3-bedrooms a 3/4 bath and bonus area, downstairs is the primary bedroom with primary bathroom, the kitchen has new cabinets and stainless appliances, there are laundry hookups on the main level as well as the basement.
Sold-co-op by mls member
$165,000
318 S Elm St, Fairmont, MN 56031
4beds
2,804sqft
Single Family Residence
Built in 1910
0.26 Acres Lot
$167,600 Zestimate®
$59/sqft
$2,122 Estimated rent
Home value
$167,600
Estimated sales range
Not available
$2,122/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
WADE BARSLOU,
Re/Max Total Realty
Bought with:
Alexander Phippen
True Real Estate
Source: RASM,MLS#: 7037020
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: Main Level
Features
- Bath Description: 1/2 Basement, Full Primary, Main Floor 1/2 Bath, Private Primary, Upper Level Bath, 3+ Same Floor Bedrooms(L)
- Basement: Unfinished,Block,Full
- Has fireplace: Yes
- Fireplace features: Electric
Interior area
- Total structure area: 1,822
- Total interior livable area: 2,804 sqft
- Finished area above ground: 1,822
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.26 Acres
- Dimensions: 75 x 150
Details
- Additional structures: Storage Shed
- Foundation area: 982
- Parcel number: 232560340
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: Public
Community & HOA
Location
- Region: Fairmont
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $130,300
- Annual tax amount: $1,046
- Date on market: 5/13/2025
- Listing terms: Cash,Conventional,DVA,FHA,Rural Development
- Road surface type: Curb/Gutters, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2025 | Sold | $165,000-2.4%$59/sqft |
Source:  RASM #7037020 Report a problem | ||
| 4/2/2025 | Pending sale | $169,000$60/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6693712 Report a problem | ||
| 3/29/2025 | Listed for sale | $169,000+3%$60/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6693712 Report a problem | ||
| 9/19/2023 | Sold | $164,000-4.7%$58/sqft |
Source: Public Record Report a problem | ||
| 6/5/2023 | Pending sale | $172,000$61/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6361975 Report a problem | ||
| 5/31/2023 | Contingent | $172,000$61/sqft |
Source: RASM #7032228 Report a problem | ||
| 5/31/2023 | Price change | $172,000-2.8%$61/sqft |
Source: RASM #7032228 Report a problem | ||
| 5/3/2023 | Listed for sale | $177,000+1006.3%$63/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6361975 Report a problem | ||
| 5/14/2008 | Sold | $16,000-59.9%$6/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1002712 Report a problem | ||
| 7/10/2006 | Sold | $39,900$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,892 +80.9% | $130,300 |
| 2024 | $1,046 +7.2% | $130,300 +83% |
| 2023 | $976 +8.2% | $71,200 +7.1% |
| 2022 | $902 +4.6% | $66,500 +16.5% |
| 2021 | $862 +8.8% | $57,100 +15.1% |
| 2020 | $792 +6.2% | $49,600 +6.7% |
| 2018 | $746 +12.9% | $46,500 -4.7% |
| 2017 | $661 +9.3% | $48,800 +4.9% |
| 2016 | $605 -0.7% | $46,500 -8.8% |
| 2015 | $609 -6.7% | $51,000 +8.1% |
| 2013 | $653 -12.8% | $47,200 -15% |
| 2012 | $749 | $55,500 |
| 2011 | -- | -- |
| 2010 | -- | $55,500 |
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
Schools provided by the listing agent
- District: Fairmont Area #2752
Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Minnesota
- Martin County
- Fairmont
- 56031
- 318 S Elm St
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