Closed

$438,000

767 Shoreacres Dr, Fairmont, MN 56031

3beds

4,710sqft

Single Family

Built in 1932

0.46 Acres Lot

$439,600 Zestimate^®

$93/sqft

$1,695 Estimated rent

Home value

$439,600

Estimated sales range

Not available

$1,695/mo

Zestimate^® history

Owner options

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$1,695/mo

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$2,765/mo

Est. payment

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$2,765/mo

Est. payment

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What's special

Looking for a great lake home? Come take a look at this 3 bedroom 2 bathroom home on Budd Lake! This home has had many updates that you must see. In the living room you will find a cute little wet bar area. As you first walk in to the great room you will notice the massive size and the beautiful view of the Budd Lake. The kitchen has all been updated with Cambria countertops and custom cupboards. There also was a center island added. Off the kitchen there is a full bathroom along with a bedroom. In the basement you will find the master bedroom with lots a closet space along with another bedroom. There is a full bathroom with heated floors and it has double sinks. There is lots of other storage in the basement. Enjoy the nice patio and deck for entertaining. The double attached garage is heated. Don’t miss out on your chance to live on one of our beautiful lakes. Call today to schedule a showing!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bedroom

Level: Main
Area: 142.58 Square Feet
Dimensions: 14'9x9'8

Bedroom 2

Level: Basement
Area: 274.65 Square Feet
Dimensions: 18'10x14'7

Bedroom 3

Level: Basement
Area: 206.6 Square Feet
Dimensions: 14'2x14'7

Great room

Level: Main
Area: 869.5 Square Feet
Dimensions: 37x23'6

Kitchen

Level: Main
Area: 425.33 Square Feet
Dimensions: 29'4x14'6

Living room

Level: Main
Area: 199.5 Square Feet
Dimensions: 14x14'3

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Central Vacuum, Dishwasher, Water Osmosis System, Microwave, Range, Refrigerator

Features

Central Vacuum
Basement: Finished,Full
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 4,710
Total interior livable area: 4,710 sqft
Finished area above ground: 2,355
Finished area below ground: 950

Property

Parking

Total spaces: 2
Parking features: Attached, Concrete, Garage Door Opener
Attached garage spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Deck, Patio
On waterfront: Yes
Waterfront features: Lake Front

Lot

Size: 0.46 Acres
Dimensions: 100 x 160

Details

Foundation area: 2355
Parcel number: 232110080
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Roof: Asphalt

Condition

New construction: No
Year built: 1932

Utilities & green energy

Electric: Circuit Breakers
Gas: Natural Gas
Sewer: City Sewer - In Street
Water: City Water - In Street

Community & HOA

Community

Subdivision: Shoreacres Sub

HOA

Has HOA: No

Location

Region: Fairmont

Financial & listing details

Price per square foot: $93/sqft
Tax assessed value: $452,700
Annual tax amount: $6,612
Date on market: 4/26/2025
Cumulative days on market: 1094 days
Road surface type: Paved

Price history

Date	Event	Price
6/12/2026	Sold	$438,000-2.6%$93/sqft
Source: NorthstarMLS as distributed by MLS GRID #6710393 Report a problem
5/1/2026	Pending sale	$449,900$96/sqft
Source: NorthstarMLS as distributed by MLS GRID #6710393 Report a problem
4/26/2025	Listed for sale	$449,900-8.2%$96/sqft
Source: NorthstarMLS as distributed by MLS GRID #6710393 Report a problem
4/18/2025	Listing removed	$489,900$104/sqft
Source: NorthstarMLS as distributed by MLS GRID #6355957 Report a problem
10/19/2024	Listed for sale	$489,900-2%$104/sqft
Source: NorthstarMLS as distributed by MLS GRID #6355957 Report a problem
10/7/2024	Listing removed	$499,900$106/sqft
Source: NorthstarMLS as distributed by MLS GRID #6355957 Report a problem
12/18/2023	Price change	$499,900-5.7%$106/sqft
Source: NorthstarMLS as distributed by MLS GRID #6355957 Report a problem
10/2/2023	Price change	$529,900-0.9%$113/sqft
Source: NorthstarMLS as distributed by MLS GRID #6355957 Report a problem
5/23/2023	Price change	$534,900-10.7%$114/sqft
Source: NorthstarMLS as distributed by MLS GRID #6355957 Report a problem
4/17/2023	Price change	$599,000-4.9%$127/sqft
Source: NorthstarMLS as distributed by MLS GRID #6355957 Report a problem
3/22/2023	Listed for sale	$630,000$134/sqft
Source: Owner Report a problem
2/9/2023	Listing removed	--
Source: Owner Report a problem
11/11/2022	Listed for sale	$630,000$134/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,612 -4.8%	$452,700 -6.8%
2024	$6,948 -19.4%	$485,900 -30.5%
2023	$8,616 +3.4%	$699,000 +15.8%
2022	$8,336 +26.6%	$603,500 +8.9%
2021	$6,582 -4%	$554,300 +19%
2020	$6,856 -3.5%	$465,900 -3.6%
2018	$7,102 +31.9%	$483,400 +21.7%
2017	$5,383 +15.5%	$397,300 +11.1%
2016	$4,659 +9.7%	$357,600 +0.6%
2015	$4,247 -15.8%	$355,500 -2.2%
2013	$5,043 +2.6%	$363,400
2012	$4,915	$363,400
2011	--	--
2010	--	$360,100