Sold-non member

$85,000

506 1st St SE, Fairfax, MN 55332

3beds

1,948sqft

Single Family Residence

Built in 1965

7,840 Square Feet Lot

$125,500 Zestimate^®

$44/sqft

$1,334 Estimated rent

Home value

$125,500

$110,000 - $141,000

$1,334/mo

Zestimate^® history

Owner options

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$1,334/mo

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$1,334/mo

Rent Zestimate^®

Refinance and save

$432/mo

Est. payment

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$432/mo

Est. payment

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What's special

Wood fireplaceDining roomCove ceilingsHard wood floorsArched doorway

Super cute! Not only has this property reduced the price, there are several updates done. Seller installed a shower in the main floor bathroom, painted the front door and some interior accents, put carpet in the living room, replaced the shed door, painted back garage door and removed awning on front window. This 1.25 story home has a nice size living room with wood fireplace, hard wood floors and cove ceilings, dining room with corner built in hutch and arched doorway. The main floor has 2 beds and 1 bath. The upstairs is one big open room.....so much potential there. The basement has a family room area, laundry and shower. Outside is a nice size single stall garage, shed and a great yard. Check out the new photos for the updates or better yet come see for yourself! Call 507-404-0235!

Facts & features

Interior

Bedrooms & bathrooms

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

Bedroom

Level: Main
Area: 118.75
Dimensions: 12.5 x 9.5

Bedroom 1

Level: Main
Area: 95.79
Dimensions: 10.3 x 9.3

Bedroom 2

Description: Irregular dimensions
Level: Upper
Area: 572
Dimensions: 26 x 22

Dining room

Features: Formal Dining Room
Level: Main
Area: 110.24
Dimensions: 10.6 x 10.4

Family room

Level: Basement
Area: 264
Dimensions: 24 x 11

Kitchen

Level: Main
Area: 89.1
Dimensions: 9.9 x 9

Living room

Level: Main
Area: 218.08
Dimensions: 18.8 x 11.6

Heating

Fireplace(s), Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dryer, Microwave, Refrigerator, Washer, Electric Water Heater, Water Softener Owned
Laundry: Washer/Dryer Hookups

Features

Bath Description: Main Floor Full Bath, Main Floor Bedrooms
Flooring: Hardwood
Basement: Partially Finished,Sump Pump,Concrete,Full
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 1,482
Total interior livable area: 1,948 sqft
Finished area above ground: 1,082
Finished area below ground: 400

Property

Parking

Total spaces: 1
Parking features: Concrete, Attached
Attached garage spaces: 1

Features

Levels: 1.25 - 1.75 Story
Stories: 1

Lot

Size: 7,840 Square Feet
Dimensions: 50 x 160
Features: Tree Coverage - Medium

Details

Additional structures: Storage Shed
Foundation area: 866
Parcel number: 310290500
Other equipment: Sump Pump

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame/Wood, Slate
Roof: Asphalt

Condition

Year built: 1965

Utilities & green energy

Sewer: City
Water: Public

Community & HOA

Location

Region: Fairfax

Financial & listing details

Price per square foot: $44/sqft
Tax assessed value: $82,900
Annual tax amount: $718
Date on market: 11/1/2023
Listing terms: Cash,Conventional

Price history

Date	Event	Price
10/19/2023	Sold	$85,000-10.4%$44/sqft
Source: RASM #7032792 Report a problem
9/7/2023	Contingent	$94,900$49/sqft
Source: RASM #7032792 Report a problem
8/17/2023	Price change	$94,900-5%$49/sqft
Source: RASM #7032792 Report a problem
7/27/2023	Price change	$99,900-4.9%$51/sqft
Source: RASM #7032792 Report a problem
7/7/2023	Listed for sale	$105,000$54/sqft
Source: RASM #7032792 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$866 +32.4%	$44,940 +32.1%
2024	$654 -8.9%	$34,020 -40%
2023	$718 +7.5%	$56,700 +3.3%
2022	$668 -11.6%	$54,900 +14.6%
2021	$756 +23.1%	$47,900 -12.1%
2020	$614 -0.3%	$54,500 +11%
2019	$616 +0.3%	$49,100 +7.7%
2018	$614 +2.7%	$45,600
2017	$598 -2.6%	$45,600
2016	$614	--
2015	--	--
2014	--	--
2013	--	--
2012	--	--
2011	--	--
2010	--	--