What an Opportunity! This home is the perfect starter home with room to grow! Located in a quiet neighborhood near parks, coffee shops, retail shops and schools. The property is a commuters paradise being close to both Hwy 10 and the Northstar Line commuter rail. The unfinished basement offers an open pallet of over 1,000 more sqft to add more living space and bedrooms. New paint, carpet and flooring throughout. The furnace, air conditioning and roof were all new in 2018. In ground sprinkler system for lawn irrigation included. Don't miss this one!
Closed
$245,000
516 Fair Meadows Dr, Big Lake, MN 55309
2beds
1,090sqft
Single Family Residence
Built in 2002
10,018 Square Feet Lot
$279,700 Zestimate®
$225/sqft
$1,857 Estimated rent
Home value
$279,700
$266,000 - $294,000
$1,857/mo
Zestimate® history
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$1,857/mo
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$1,515/mo
Est. payment
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$1,515/mo
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Zillow last checked:
Listing updated:
Listed by:
Mike Hilber 651-600-2680,
RE/MAX Advantage Plus,
The Minnesota Real Estate Team 952-649-1456
Bought with:
Deb LaBonne
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6577786
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 2
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Upper
- Area: 99 Square Feet
- Dimensions: 11x9
Kitchen
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Living room
- Level: Upper
- Area: 360 Square Feet
- Dimensions: 24x15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Freezer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Trash Compactor, Washer, Water Softener Owned
- Laundry: In Basement, Gas Dryer Hookup, Lower Level, Washer Hookup
Features
- Basement: Drain Tiled,Egress Window(s),Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,090
- Total interior livable area: 1,090 sqft
- Finished area above ground: 1,090
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached, Asphalt
- Attached garage spaces: 2
- Carport spaces: 2
- Details: Garage Dimensions (20x20)
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Deck
- Fencing: Chain Link
Lot
- Size: 10,018 Square Feet
- Dimensions: 100 x 100 x 100
- Features: Tree Coverage - Light
Details
- Foundation area: 1038
- Parcel number: 65004510420
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age 8 Years or Less,Architectural Shingle
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Habitat 1st Add
HOA
- Has HOA: No
Location
- Region: Big Lake
Financial & listing details
- Price per square foot: $225/sqft
- Tax assessed value: $282,500
- Annual tax amount: $3,442
- Date on market: 9/18/2024
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2024 | Sold | $245,000+2.1%$225/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6577786 Report a problem | ||
| 9/20/2024 | Pending sale | $240,000+42%$220/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6577786 Report a problem | ||
| 8/25/2003 | Sold | $169,000$155/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,304 -4% | $261,375 -7.4% |
| 2024 | $3,442 +3.5% | $282,300 -0.1% |
| 2023 | $3,326 +5.6% | $282,500 +7.6% |
| 2022 | $3,150 +4.5% | $262,600 +33.2% |
| 2021 | $3,014 -2.2% | $197,100 +1.4% |
| 2020 | $3,082 +2.3% | $194,400 |
| 2019 | $3,014 -2.2% | $194,400 +11.5% |
| 2018 | $3,082 +9.5% | $174,400 +8% |
| 2017 | $2,814 +18% | $161,500 +9.9% |
| 2016 | $2,384 +13.6% | $147,000 +25% |
| 2015 | $2,098 | $117,600 +3.8% |
| 2014 | $2,098 +22.5% | $113,300 +17.7% |
| 2013 | $1,712 -0.8% | $96,300 -1.2% |
| 2012 | $1,725 -2.4% | $97,500 -7.1% |
| 2011 | $1,767 -0.8% | $105,000 -24.8% |
| 2010 | $1,782 -12.5% | $139,700 -11.7% |
| 2009 | $2,036 -8.8% | $158,200 -9.8% |
| 2008 | $2,233 +0.5% | $175,300 -0.8% |
| 2007 | $2,221 +5% | $176,700 +7.3% |
| 2006 | $2,116 +3.6% | $164,700 +6.8% |
| 2005 | $2,044 +146.9% | $154,200 +155.3% |
| 2004 | $828 +185.4% | $60,400 +205.1% |
| 2003 | $290 +229.5% | $19,800 +382.9% |
| 2002 | $88 +300% | $4,100 +310% |
| 2001 | $22 | $1,000 |
Find assessor info on the county website
Neighborhood: 55309
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Nearby schools
GreatSchools rating
- 7/10Independence Elementary SchoolGrades: 3-5Distance: 0.9 mi
- 5/10Big Lake Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10Big Lake Senior High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$279,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$279,700
- Minnesota
- Sherburne County
- Big Lake
- 55309
- 516 Fair Meadows Dr
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