NOT LISTED FOR SALE

702 Albion Ave Fairmont, MN 56031

Estimated Value: $142,000 - $175,000

4 Beds
1.5 Baths
1,656 Sq Ft
$98/Sq Ft Est. Value

Sale Details

Date Sold: November 27, 2023

Last sale price $152,000 $92 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,016 / mo

11 Days on Market

Highlights

  • Corner Lot
  • The kitchen features windows
  • Living Room
  • No HOA
  • 2 Car Attached Garage
  • 5-minute walk to Wards Park

About This Home

As of November 2023

Charming 4 bedroom, 2 bathroom home on the corner of Woodland and Albion.

Exterior features include 2-stall attached garage, 7x7 shed (2016), fenced-in backyard. Spacious kitchen with bonus breakfast nook and separate dining room are located on the main floor. Dining and living room feature original hardwood floors, as do two bedrooms. Two large storage closets, a full bathroom, and three spacious bedrooms are located on the upper level. The basement has an additional 4th bedroom.

The location of this home is noteworthy. The lot is part of a larger acreage once owned by William Budd. The house is located at the end of Woodland Avenue, a beautiful street with historic homes perfect for daily walks and especially popular for trick-or-treating. Additionally, it is within walking distance of 2 lakes, parks, and downtown.

Updates include: AC (2019), Roof on main home (2018), Disposal (2019), Nest System (2020), Dishwasher (2023), Some window panes (2023)

Last Agent to Sell the Property

Nick Nathe

Edina Realty, Inc. Listed on: 10/19/2023

Edina Realty, Inc.

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,941

Year Built

  • Built in 1940

Lot Details

  • 6,490 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Property is Fully Fenced
  • Vinyl Fence
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Steel Siding

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sinclairs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 232160020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,941

Year Built

Built in 1940

Lot Details

6,490 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 1434
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Washer
  • Living Area: 1656
  • Fireplace: No
  • Below Grade Finished Sq Ft: 222
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Composition
  • Fencing: Full, Vinyl
  • ConstructionMaterialsDesc: Block,Frame

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Hardwood Floors,Kitchen Window,Natural Woodwork,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Fairmont Area Schools
  • SchoolDistrictPhone: 507-238-4234

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x130
  • Lot Size Sq Ft: 6490.44
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 232160020
  • Tax Annual Amount: 1941
  • TaxWithAssessments: 2010.0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 20, 2023
Sold by
Bought by
Seller's Agent
Nick Nathe
Edina Realty, Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$168,850
Sold Price
$152,000
Premium/Discount to List
-$16,850
-9.98%
Views
69
Current Estimated Value
$163,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,048
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Oct 30, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,155
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2012
Closed on
Feb 28, 2014
Sold by
Bought by
Seller's Agent
Sara Rosenberg
Cavers Realty
Buyer's Agent
James Senenfelder
CENTURY 21 Northland Realty
List Price
$104,900
Sold Price
$97,000
Premium/Discount to List
-$7,900
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$92,150
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000
Interest Rate
6.71%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$152,000 Stewart Title Company
$134,900 Jenkinson Abstract Company
$97,000 None Available
$115,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $128,155
Previous Owner $92,150
Previous Owner $7,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2023 11/27/23 Sold $152,000 -10.0% $92 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $168,850 +74.1% $102 / Sq Ft
02/28/2014 02/28/14 Sold $97,000 -7.5% $51 / Sq Ft View Prior Sale
01/07/2014 01/07/14 Pending -- -- --
10/22/2012 10/22/12 For Sale $104,900 -- $55 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,644 $154,200 $9,800 $144,400
2024 $1,784 $146,200 $9,800 $136,400
2023 $2,010 $155,300 $9,100 $146,200
2022 $1,674 $162,000 $10,900 $151,100
2021 $1,550 $132,100 $11,200 $120,900
2020 $1,436 $129,000 $17,700 $111,300
2019 $1,322 $117,300 $16,100 $101,200
2018 $1,430 $115,800 $15,900 $99,900
2017 $1,244 $82,700 $11,352 $71,348
2016 $1,262 $87,500 $10,402 $77,098
2015 $1,295 $107,300 $13,285 $94,015
2013 $1,285 $91,000 $11,759 $79,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6449321

NorthstarMLS

APN: 232160020

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