Sold-inner office

$512,500

999 Shoreacres Dr, Fairmont, MN 56031

3beds

3,903sqft

Single Family Residence

Built in 1981

0.34 Acres Lot

$530,600 Zestimate^®

$131/sqft

$2,422 Estimated rent

Home value

$530,600

Estimated sales range

Not available

$2,422/mo

Zestimate^® history

Owner options

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$2,422/mo

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$2,422/mo

Rent Zestimate^®

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$3,161/mo

Est. payment

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$3,161/mo

Est. payment

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What's special

Wood-burning fireplaceStunning lake viewsVaulted ceilingsCharming sitting areaCozy family roomFormal dining roomRemodeled kitchen

Enjoy stunning lake views from this beautifully updated 3-bedroom, 4-bath home on Budd Lake! The main floor houses a formal living room, formal dining room, remodeled kitchen with dining area, and a cozy family room with a wood-burning fireplace. Vaulted ceilings add a spacious feel throughout. Upstairs, the primary bedroom features a 3/4 bath, a large walk-in closet, and breathtaking lake views to greet you each morning. Two additional bedrooms and a charming sitting area along with a full bath complete the upper level. The unfinished walk-out basement gives you endless possibilities. The dining area offers patio doors for easy grilling or entertainment on the deck. Once outside, you'll find stairs to the lake and a fully functioning tram for easy access. Sellers are installing metal railing on the stairs going to the upper level, this will be finished prior to showing. Don’t miss this exceptional lakefront property!

Facts & features

Interior

Bedrooms & bathrooms

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

Bedroom

Level: Upper
Area: 272
Dimensions: 16 x 17

Bedroom 1

Level: Upper
Area: 121
Dimensions: 11 x 11

Bedroom 2

Level: Upper
Area: 182
Dimensions: 13 x 14

Dining room

Level: Main
Area: 182
Dimensions: 14 x 13

Family room

Level: Main
Area: 408
Dimensions: 17 x 24

Kitchen

Level: Main
Area: 195
Dimensions: 15 x 13

Living room

Level: Main
Area: 270
Dimensions: 18 x 15

Heating

Forced Air, Natural Gas

Features

Basement: Block,Full,Walk-out
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 2,602
Total interior livable area: 3,903 sqft
Finished area above ground: 2,602
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Attached
Attached garage spaces: 3

Features

Levels: Two
Stories: 2
On waterfront: Yes
Waterfront features: Lake Front
Body of water: Budd
Frontage type: Waterfront

Lot

Size: 0.34 Acres
Dimensions: 100 x 150

Details

Foundation area: 1301
Parcel number: 231610070

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block, Brick, Wood Siding

Condition

Previously Owned
New construction: No
Year built: 1981

Utilities & green energy

Electric: Circuit Breakers
Sewer: City
Water: Public

Community & HOA

Location

Region: Fairmont

Financial & listing details

Price per square foot: $131/sqft
Tax assessed value: $620,400
Annual tax amount: $5,654
Date on market: 3/17/2025

Price history

Date	Event	Price
3/18/2025	Sold	$512,500-1.4%$131/sqft
Source: RASM #7036218 Report a problem
1/29/2025	Pending sale	$520,000$133/sqft
Source: NorthstarMLS as distributed by MLS GRID #6618345 Report a problem
1/12/2025	Price change	$520,000-2.8%$133/sqft
Source: NorthstarMLS as distributed by MLS GRID #6618345 Report a problem
10/19/2024	Listed for sale	$535,000+109.8%$137/sqft
Source: NorthstarMLS as distributed by MLS GRID #6618345 Report a problem
10/1/2015	Sold	$255,000+0%$65/sqft
Source: NorthstarMLS as distributed by MLS GRID #5185115 Report a problem
7/22/2015	Pending sale	$254,900$65/sqft
Source: Cavers Realty #6004300 Report a problem
6/1/2015	Price change	$254,900-1.9%$65/sqft
Source: Cavers Realty #6004300 Report a problem
4/29/2015	Price change	$259,900-1.9%$67/sqft
Source: Cavers Realty #6004300 Report a problem
1/23/2015	Price change	$264,900-4%$68/sqft
Source: Cavers Realty, Inc. #6004300 Report a problem
10/9/2014	Price change	$275,900-1.4%$71/sqft
Source: Cavers Realty, Inc. #6004300 Report a problem
8/21/2014	Price change	$279,900-12.5%$72/sqft
Source: Cavers Realty, Inc. #6004300 Report a problem
7/22/2014	Listed for sale	$319,900-3%$82/sqft
Source: Cavers Realty, Inc. #6004300 Report a problem
10/5/2013	Listing removed	$329,900$85/sqft
Source: Cavers Realty, Inc. #7003698 Report a problem
9/19/2013	Listed for sale	$329,900$85/sqft
Source: Cavers Realty, Inc. #7003698 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,802 +38%	$620,400 +10.6%
2024	$5,654 +11.4%	$560,900 +27.3%
2023	$5,076 +2.3%	$440,500 +19%
2022	$4,962 +24.4%	$370,200 +8.6%
2021	$3,990 -3.2%	$340,900 +18.3%
2020	$4,122 -1%	$288,200 -0.9%
2018	$4,164 +33.4%	$290,700 +27.4%
2017	$3,121 -36.6%	$228,200 -39.6%
2016	$4,921 +7.8%	$378,000 -1.1%
2015	$4,563 -13.4%	$382,300 +0.6%
2013	$5,269 +2.5%	$380,000 0%
2012	$5,139	$380,100
2011	--	--
2010	--	$405,800