Sold-inner office

$87,000

701 E 1st St, Fairmont, MN 56031

3beds

2,078sqft

Single Family Residence

Built in 1920

6,098 Square Feet Lot

$87,400 Zestimate^®

$42/sqft

$1,439 Estimated rent

Home value

$87,400

Estimated sales range

Not available

$1,439/mo

Zestimate^® history

Owner options

List your home for rent

$1,439/mo

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$1,439/mo

Rent Zestimate^®

Refinance and save

$438/mo

Est. payment

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$438/mo

Est. payment

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What's special

Functional floor planFamily roomDining areaSpacious layoutCorner lot

Charming 1920s two-story home offering approximately 1,484 square feet of living space on a corner lot in Fairmont. This 3-bedroom, 2-bathroom property features a spacious layout with a living room, dining area, kitchen, family room, and additional sitting room on the main level, plus three bedrooms and a full bath upstairs. The home includes original character with wood accents and a functional floor plan, along with a full basement providing extra storage space.

Facts & features

Interior

Bedrooms & bathrooms

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

Bedroom

Level: Upper
Area: 102
Dimensions: 10.2 x 10

Bedroom 1

Level: Upper
Area: 149.94
Dimensions: 10.2 x 14.7

Bedroom 2

Level: Upper
Area: 121
Dimensions: 11 x 11

Dining room

Level: Main
Area: 170.18
Dimensions: 12.7 x 13.4

Family room

Level: Main
Area: 201
Dimensions: 15 x 13.4

Kitchen

Level: Main
Area: 135.34
Dimensions: 10.1 x 13.4

Living room

Level: Main
Area: 198.88
Dimensions: 17.6 x 11.3

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Gas Water Heater

Features

Basement: Block,Full

Interior area

Total structure area: 1,506
Total interior livable area: 2,078 sqft
Finished area above ground: 1,506
Finished area below ground: 0

Property

Parking

Parking features: Detached
Has garage: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 6,098 Square Feet
Dimensions: 50 x 132

Details

Foundation area: 572
Parcel number: 231220420

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame/Wood, Aluminum Siding
Roof: Asphalt

Condition

Year built: 1920

Utilities & green energy

Electric: Fuses, Circuit Breakers
Sewer: City
Water: Public

Community & HOA

Location

Region: Fairmont

Financial & listing details

Price per square foot: $42/sqft
Tax assessed value: $99,200
Annual tax amount: $895
Date on market: 5/11/2026

Price history

Date	Event	Price
5/8/2026	Sold	$87,000-12.1%$42/sqft
Source: RASM #7039873 Report a problem
4/19/2026	Pending sale	$99,000$48/sqft
Source: NorthstarMLS as distributed by MLS GRID #7049080 Report a problem
4/6/2026	Listed for sale	$99,000+120%$48/sqft
Source: RASM #7039873 Report a problem
7/5/2019	Sold	$45,000$22/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$964 +40.1%	$99,200 -0.2%
2024	$688 -8.3%	$99,400 +33.6%
2023	$750 +16.4%	$74,400 -2.6%
2022	$644 +6.3%	$76,400 +27.5%
2021	$606 +11.8%	$59,900 +19.8%
2020	$542 +26%	$50,000 +34.4%
2018	$430 +16.9%	$37,200 +50.6%
2017	$368 -6.6%	$24,700 -10.2%
2016	$394 +20.1%	$27,500 +10%
2015	$328 -4.6%	$25,000 +13.1%
2013	$344 +11.7%	$22,100 +3.3%
2012	$308	$21,400
2011	--	--
2010	--	$35,600