Closed

$85,900

500 254th Ave, Fairmont, MN 56031

4beds

1,460sqft

Single Family Residence

Built in 1910

0.38 Acres Lot

$135,500 Zestimate^®

$59/sqft

$1,478 Estimated rent

Home value

$135,500

$117,000 - $154,000

$1,478/mo

Zestimate^® history

Owner options

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$1,478/mo

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$1,478/mo

Rent Zestimate^®

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$433/mo

Est. payment

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$433/mo

Est. payment

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What's special

Value Priced home just 4 blocks from boat landing and park for East Chain Lake. All living on main level master, 3.4 bath, laundry room plus 3 bedrooms up. new furnace 2014 and was serviced in 2024, new water heater 2022, All appliances included plus 2 freezers and fridge in the basement, Kitchen has Granite tops and good cabinet space. Breezeway has heat and A/C workshop has heat and A/C garage is heated and insulated and has a mechanics pit for servicing you automobiles. Septic Certification shows Drain Field is compliant and septic tank needs to be replaced at sellers expense, bid for the work has already been received and will be escrowed at the time of closing. Quick close available. Sold as is.

Facts & features

Interior

Bedrooms & bathrooms

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

Bedroom

Level: Main
Area: 121 Square Feet
Dimensions: 11x11

Bedroom 2

Level: Upper
Area: 144 Square Feet
Dimensions: 12x12

Bedroom 3

Level: Upper
Area: 126 Square Feet
Dimensions: 9x14

Bedroom 4

Level: Upper
Area: 126 Square Feet
Dimensions: 9x14

Other

Level: Main
Area: 315 Square Feet
Dimensions: 15x21

Dining room

Level: Main
Area: 63 Square Feet
Dimensions: 7x9

Kitchen

Level: Main
Area: 132 Square Feet
Dimensions: 11x12

Laundry

Level: Main
Area: 64 Square Feet
Dimensions: 8x8

Living room

Level: Main
Area: 234 Square Feet
Dimensions: 13x18

Workshop

Level: Main
Area: 140 Square Feet
Dimensions: 7x20

Heating

Forced Air

Cooling

Central Air, Window Unit(s)

Appliances

Included: Dishwasher, Dryer, Freezer, Gas Water Heater, Range, Refrigerator, Washer
Laundry: Laundry Room, Main Level

Features

Basement: Full
Has fireplace: No
Fireplace features: Electric

Interior area

Total structure area: 1,460
Total interior livable area: 1,460 sqft
Finished area above ground: 1,460
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached, Garage Door Opener, Heated Garage
Attached garage spaces: 2
Has uncovered spaces: Yes
Details: Garage Dimensions (24x26)

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1.5

Lot

Size: 0.38 Acres
Dimensions: 1 x 1
Features: Corner Lot, Tree Coverage - Light

Details

Additional structures: Storage Shed
Foundation area: 1056
Parcel number: 030073400
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Age 8 Years or Less

Condition

New construction: No
Year built: 1910

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Gas: Propane
Sewer: Septic System Compliant - No, Tank with Drainage Field
Water: Drilled, Private

Community & HOA

HOA

Has HOA: No

Location

Region: Fairmont

Financial & listing details

Price per square foot: $59/sqft
Tax assessed value: $88,600
Annual tax amount: $358
Date on market: 3/30/2024
Cumulative days on market: 140 days

Price history

Date	Event	Price
6/21/2024	Sold	$85,900-4.4%$59/sqft
Source: NorthstarMLS as distributed by MLS GRID #6511120 Report a problem
5/25/2024	Pending sale	$89,900$62/sqft
Source: NorthstarMLS as distributed by MLS GRID #6511120 Report a problem
4/20/2024	Price change	$89,900-5.3%$62/sqft
Source: NorthstarMLS as distributed by MLS GRID #6511120 Report a problem
3/30/2024	Listed for sale	$94,900$65/sqft
Source: NorthstarMLS as distributed by MLS GRID #6511120 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$608 -35.7%	$88,600 -9.6%
2024	$946 +32.1%	$98,000
2023	$716 +40.1%	$98,000 +37.3%
2022	$511 -8.1%	$71,400 +62.3%
2021	$556 -1.8%	$44,000 +0.2%
2020	$566 -16.5%	$43,900 -6.6%
2018	$678 +44.6%	$47,000 +93.4%
2017	$469 +18.1%	$24,300
2016	$397 -4.8%	$24,300 -2.8%
2015	$417 -7.5%	$25,000 +5%
2013	$451 -5.1%	$23,800 +3%
2012	$475	$23,100
2011	--	--
2010	--	$38,600