Closed

$271,911

319 Lake Aires Rd, Fairmont, MN 56031

3beds

2,535sqft

Single Family Residence

Built in 1960

2.5 Acres Lot

$303,100 Zestimate^®

$107/sqft

$2,062 Estimated rent

Home value

$303,100

$270,000 - $336,000

$2,062/mo

Zestimate^® history

Owner options

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$2,062/mo

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$2,062/mo

Rent Zestimate^®

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$1,705/mo

Est. payment

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$1,705/mo

Est. payment

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What's special

Sold prior to print,

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Bedroom

Level: Main

Bedroom 2

Level: Main

Bedroom 3

Level: Basement

Dining room

Level: Main

Family room

Level: Basement

Kitchen

Level: Main

Laundry

Level: Main

Living room

Level: Main

Storage

Level: Basement

Utility room

Level: Basement

Heating

Forced Air

Cooling

Central Air

Features

Basement: Finished,Full
Has fireplace: No

Interior area

Total structure area: 2,535
Total interior livable area: 2,535 sqft
Finished area above ground: 1,560
Finished area below ground: 975

Property

Parking

Total spaces: 2
Parking features: Detached Garage
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1

Lot

Size: 2.5 Acres
Dimensions: 2.5 acres

Details

Foundation area: 975
Parcel number: 050310800
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1960

Utilities & green energy

Gas: Natural Gas
Sewer: Mound Septic
Water: Private

Community & HOA

HOA

Has HOA: No

Location

Region: Fairmont

Financial & listing details

Price per square foot: $107/sqft
Tax assessed value: $354,600
Annual tax amount: $2,696
Date on market: 7/8/2025

Price history

Date	Event	Price
7/23/2025	Sold	$271,911+0.7%$107/sqft
Source: NorthstarMLS as distributed by MLS GRID #6751406 Report a problem
7/8/2025	Pending sale	$270,000+26.5%$107/sqft
Source: NorthstarMLS as distributed by MLS GRID #6751406 Report a problem
1/3/2025	Sold	$213,385-11.1%$84/sqft
Source: Public Record Report a problem
8/15/2013	Sold	$240,000+4.4%$95/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #2029250 Report a problem
4/25/2013	Listed for sale	$229,900$91/sqft
Source: CENTURY 21 Northland Realty #6002502 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,946 +9.3%	$354,600 -3.5%
2024	$2,696 -9.2%	$367,400 +5.8%
2023	$2,970 +42.8%	$347,400 +6.8%
2022	$2,080 +10.4%	$325,400 +49.5%
2021	$1,884 +9.3%	$217,700 +20.5%
2020	$1,724 -6.1%	$180,600 -1.3%
2018	$1,836 +36.5%	$182,900 +42%
2017	$1,345 +4.3%	$128,800 -0.2%
2016	$1,289 +11%	$129,000 -0.2%
2015	$1,161 -25.3%	$129,200 -10.2%
2013	$1,555 +0.5%	$143,800 -0.8%
2012	$1,547	$144,900
2011	--	--
2010	--	$124,700