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1518 Falcon Dr, Fairmont, MN, 56031

$160,000

Home List Price

$1,900*

Closing Credit

2 Bedrooms
1 Bath
1,234 SqFt
$130/SqFt
House

Location

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1518 Falcon Dr, Fairmont$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage1 space
Year Built1981
HeatingForced Air
CoolingCentral Air
MLS #6642678
StatusActive

About 1518 Falcon Dr

Here is a great opportunity on a 2 bedroom townhouse that features a walk in shower, nice size laundry room , sliding glass door leading to a deck to relax and enjoy. One bedroom features double closets and the other bedroom has a walk in closet right off the bedroom in the hallway.. The bedroom to the back of the home has pocket doors which you could open to the living room and use as a den. There is room in the kitchen to have a table and chairs and also a dining room/living room combined. Lawn care ,snow removal and all exterior maintenance is included in the Assc fee's which are $330 Quarterly. New Garage door and garage door opener.

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Living Area: 1,234 SqFt

Listing Office:

  • Office Name: CENTURY 21 Northland Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hwy 15 south down to Cardinal Street turn south on Falcon Drive to 1518.

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000
  • Price Per SqFt: $130/SqFt

HOA Fees:

  • Amount: $330
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,202
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fairmont, MN.

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Fairmont, MN

City

Med. Sold Price

$180.9K

Med. Price/SqFt

$111

Avg. Days On Market

58

# of Sold Homes

8

1518 Falcon Dr vs Fairmont

1 DAY ON ROCKET

-57 Days

$160,000

-$20.9K Less

$130/SqFt

+$19 More

KEY TAKEAWAY

This property is $20.9K less than the Median Sold Price and $19/SqFt more than other homes in Fairmont, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6642678

Listing Office:

  • Office Name: CENTURY 21 Northland Realty

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Last updated on: 1/7/2025, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 13, 2016Home Sold
$92,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,202$108,700
2020$1,202$108,700
2018$1,168$99,000
2017$987$68,600

History based on county public records data.

Payment Calculator

$976

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1085978
4
/10

  • Fairmont Elementary School

  • 714 Victoria St Ste 101

  • 0.89 miles

  • Public District Grades PK-6

school-card-donut-1085979
3
/10

  • Granada Huntley East Chain Elementary School

  • 300 Reynolds St

  • 6.82 miles

  • Public District Grades PK-5

school-card-donut-1085980
4
/10

  • Truman Elementary School

  • 401 E 1st St S

  • 13.30 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,615. Most Fairmont, MN residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1518 Falcon Dr

What is the listing price of this property?

The listing price of 1518 Falcon Dr property is $160,000.

What type of property is this?

The property 1518 Falcon Dr is a house located in Fairmont, Minnesota, 56031.

Is this property for sale now?

Active Listing: 1518 Falcon Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,202 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 13, 2016 for $92,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1518 Falcon Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1518 Falcon Dr is 1,234 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1518 Falcon Dr is 1981.

Rocket Homes›Minnesota›Martin County›Fairmont›56031›1518 Falcon Dr

This home is located at 1518 Falcon Dr in Fairmont, MN and zip code 56031. This 1,234 square foot home was built in 1981. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 06, 2025 and is currently priced at $160,000.

Over 3 listings were sold over their listed price in December 2024 in Fairmont, MN. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Fairmont, MN between November 2024 and December 2024 decreased by 11.5%. Listings spent 58 days on the market in December 2024, and had a median list price of $180,950 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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