Closed

$61,551

614 E 1st St, Fairmont, MN 56031

2beds

1,372sqft

Single Family Residence

Built in 1915

6,490 Square Feet Lot

$108,700 Zestimate^®

$45/sqft

$933 Estimated rent

Home value

$108,700

$93,000 - $123,000

$933/mo

Zestimate^® history

Owner options

List your home for rent

$933/mo

Rent Zestimate^®

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$933/mo

Rent Zestimate^®

Refinance and save

$310/mo

Est. payment

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$310/mo

Est. payment

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What's special

Home with great potential, centrally located near downtown shopping area's. A few blocks from the mall. This 2 bedroom 1 bath home is an investors dream, and a home owners canvas. Your chance to make it your masterpiece!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom

Level: Main
Area: 240 Square Feet
Dimensions: 20X12

Bedroom 2

Level: Main
Area: 144 Square Feet
Dimensions: 12X12

Heating

Forced Air

Cooling

Central Air

Features

Basement: Block
Has fireplace: No

Interior area

Total structure area: 1,372
Total interior livable area: 1,372 sqft
Finished area above ground: 1,372
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached Garage
Garage spaces: 1

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1

Lot

Size: 6,490 Square Feet
Dimensions: 50 x 130

Details

Foundation area: 1372
Parcel number: 232070130
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1915

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer - In Street
Water: City Water - In Street

Community & HOA

Community

Subdivision: Schmidts

HOA

Has HOA: No

Location

Region: Fairmont

Financial & listing details

Price per square foot: $45/sqft
Tax assessed value: $109,200
Annual tax amount: $338
Date on market: 8/9/2023
Cumulative days on market: 23 days

Price history

Date	Event	Price
10/10/2023	Sold	$61,551+12.1%$45/sqft
Source: NorthstarMLS as distributed by MLS GRID #6415374 Report a problem
8/31/2023	Pending sale	$54,900$40/sqft
Source: NorthstarMLS as distributed by MLS GRID #6415374 Report a problem
8/9/2023	Listed for sale	$54,900+24.4%$40/sqft
Source: NorthstarMLS as distributed by MLS GRID #6415374 Report a problem
11/17/2022	Sold	$44,142-27.3%$32/sqft
Source: Public Record Report a problem
9/16/2008	Sold	$60,700$44/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,106 +58.5%	$109,200
2024	$698 +71.1%	$109,200 +44.6%
2023	$408 +20.7%	$75,500 -2.2%
2022	$338 +5.6%	$77,200 +27.8%
2021	$320 +12.7%	$60,400 +20.1%
2020	$284 +23.5%	$50,300 +35.6%
2018	$230 +39.4%	$37,100 +50.2%
2017	$165 -6.8%	$24,700 -9.9%
2016	$177 +12.7%	$27,400 +3.4%
2015	$157 -62.9%	$26,500 -2.9%
2013	$423 +11%	$27,300 +3%
2012	$381	$26,500
2011	--	--
2010	--	$44,200