Pending

$117,000

720 E 3rd St, Fairmont, MN 56031

3beds

1,204sqft

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Single Family

Built in 1920

6,577 Square Feet Lot

$112,500 Zestimate^®

$97/sqft

$-- HOA

What's special

Updated flooring

This inviting home offers updated flooring, a spacious living area, and a layout that feels both comfortable and functional. With 2 bedrooms and 2 baths, it’s sized right for everyday living while still offering room to grow. A usable basement adds storage, hobby space, or future finishing potential, and the large upstairs area provides a flexible bonus space for work, play, or guests. Outside, the detached garage delivers convenience and extra storage. A solid, versatile home with features that fit a wide range of needs.

39 days

394

27

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Forced Air

Cooling

Central Air

Features

Basement: Block
Has fireplace: No

Interior area

Total structure area: 2,292
Total interior livable area: 1,204 sqft
Finished area above ground: 1,204
Finished area below ground: 0

Property

Parking

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

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1.5

Lot

Size: 6,577 Square Feet
Dimensions: 54 x 122

Details

Foundation area: 1088
Parcel number: 231210210
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Condition

New construction: No
Year built: 1920

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Gilberts

HOA

Has HOA: No

Location

Region: Fairmont

Financial & listing details

Price per square foot: $97/sqft
Tax assessed value: $98,700
Annual tax amount: $952
Date on market: 5/29/2026
Cumulative days on market: 41 days

Estimated market value

$112,500

$107,000 - $118,000

$1,510/mo

Price history

Date	Event	Price
6/29/2026	Pending sale	$117,000$97/sqft
Source: NorthstarMLS as distributed by MLS GRID #7082853 Report a problem
5/29/2026	Listed for sale	$117,000+58.1%$97/sqft
Source: NorthstarMLS as distributed by MLS GRID #7082853 Report a problem
7/26/2019	Sold	$74,000+2.1%$61/sqft
Source: Public Record Report a problem
4/22/2019	Listed for sale	$72,500$60/sqft
Source: HOMESTEAD REALTY, LLC #7020547 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$952 +54%	$98,700 +0.1%
2024	$618 -8%	$98,600 +49.6%
2023	$672 +5.9%	$65,900 -2.9%
2022	$634 +6.1%	$67,900 +26%
2021	$598 +9.9%	$53,900 +20%
2020	$544 -38.6%	$44,900 +15.1%
2018	$886 +129.7%	$39,000 +50.6%
2017	$386 -6.3%	$25,900 -9.8%
2016	$412 +11.6%	$28,700 +2.1%
2015	$369 -18.5%	$28,100 -3.8%
2013	$453 +9.7%	$29,200 +2.1%
2012	$413	$28,600
2011	--	--
2010	--	$47,700

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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