Sold for $100,000

$100,000

700 E 1st St, Fairmont, MN 56031

2beds

1,568sqft

SingleFamily

Built in 1931

6,098 Square Feet Lot

$121,000 Zestimate^®

$64/sqft

$1,250 Estimated rent

Home value

$121,000

$105,000 - $136,000

$1,250/mo

Zestimate^® history

Owner options

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$1,250/mo

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$1,250/mo

Rent Zestimate^®

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$504/mo

Est. payment

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$504/mo

Est. payment

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What's special

700 E 1st St, Fairmont, MN 56031 is a single family home that contains 1,568 sq ft and was built in 1931. It contains 2 bedrooms and 2 bathrooms. This home last sold for $100,000 in November 2024. The Zestimate for this house is $121,000. The Rent Zestimate for this home is $1,250/mo.

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Forced air, Other

Cooling

Central

Appliances

Included: Dryer, Range / Oven, Washer

Features

Basement: Finished

Interior area

Total interior livable area: 1,568 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Detached

Features

Exterior features: Metal

Lot

Size: 6,098 Square Feet

Details

Parcel number: 231220680

Construction

Type & style

Home type: SingleFamily

Materials

Wood
Foundation: Concrete Block
Roof: Asphalt

Condition

Year built: 1931

Community & HOA

Location

Region: Fairmont

Financial & listing details

Price per square foot: $64/sqft
Tax assessed value: $87,500
Annual tax amount: $774

Price history

Date	Event	Price
11/6/2024	Sold	$100,000+270.4%$64/sqft
Source: Public Record Report a problem
12/20/2019	Sold	$27,000-22.9%$17/sqft
Source: Public Record Report a problem
11/30/2015	Sold	$35,000-13.8%$22/sqft
Source: NorthstarMLS as distributed by MLS GRID #5183632 Report a problem
1/16/2015	Price change	$40,600-18.6%$26/sqft
Source: CENTURY 21 Northland Realty #6008149 Report a problem
12/19/2014	Price change	$49,900-15.4%$32/sqft
Source: CENTURY 21 Northland Realty #6008149 Report a problem
10/24/2014	Listed for sale	$59,000-28.5%$38/sqft
Source: CENTURY 21 Northland Realty #6008149 Report a problem
3/13/2014	Sold	$82,500$53/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$774 -24.4%	$87,500 +8.4%
2024	$1,024 +2.6%	$80,700 +7.2%
2023	$998 +16%	$75,300 +10.7%
2022	$860 +4.9%	$68,000 +25.5%
2021	$820 +13.3%	$54,200 +20.4%
2020	$724 +62.3%	$45,000 +16%
2018	$446 +15.8%	$38,800 +50.4%
2017	$385 -6%	$25,800 -9.8%
2016	$410 -20.4%	$28,600 -33.8%
2015	$515 +38.1%	$43,200 +79.3%
2013	$373 +10%	$24,100 +2.6%
2012	$339	$23,500
2011	--	--
2010	--	$39,200