6 months on rocket

1721 Knollwood Dr, Fairmont, MN, 56031

$138,500

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front
ViewOther
MLS #6530873
StatusActive

About 1721 Knollwood Dr

Welcome to Fairmont! Discover this exceptional half-acre lot boasting picturesque views overlooking Hall Lake. With 98 feet of serene lakeshore, embrace the tranquility of east-facing vistas, perfect for breathtaking sunrises. This open builder lot offers unparalleled flexibility, complemented by available connections to city sewer, water, and natural gas—ideal for realizing your dream lakefront retreat. Hall Lake, a 277-acre recreational haven renowned for its exceptional walleye fishing, is part of Fairmont's prestigious chain of five lakes within the city limits. Seize this unique opportunity to immerse yourself in the scenic beauty of Martin County, Minnesota. Don't miss your chance to explore this captivating lake lot !!!

Property Details

Property Features

Listing Office:

  • Office Name: Timber Ghost Realty, LLC

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Other

School Info

Assigned Schools Information:

  • Fairmont Jr./Sr. High School, Public District Grades 6-12
  • Fairmont Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Property located on the NW side of Hall Lake off Knollwood Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $138,500

Tax Information:

  • Annual Amount: $640
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$182.9K

Med. Price/SqFt

$107

Avg. Days On Market

60

# of Sold Homes

14

1721 Knollwood Dr vs Fairmont

183 DAYS ON ROCKET

+123 Days

$138,500

-$44.4K Less

KEY TAKEAWAY

This property is $44.4K less than the Median Sold Price in Fairmont, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6530873

Listing Office:

  • Office Name: Timber Ghost Realty, LLC

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$640$36,000
2020$640$36,000
2018$456$25,900
2017$426$25,900

History based on county public records data.

Payment Calculator

$759

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$482

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NMLS#3030

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.

Elementary School

school-card-donut-36736
4
/10
  • Fairmont Elementary School

  • 714 Victoria St Ste 101

  • 1.52 miles

  • Public District Grades PK-6

High School

school-card-donut-36737
5
/10
  • Fairmont Jr./Sr. High School

  • 900 Johnson St

  • 1.27 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,389. The most common annual income of people living in Fairmont, MN is less than $35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1721 Knollwood Dr

What is the listing price of this property?

The listing price of 1721 Knollwood Dr property is $138,500.

What type of property is this?

The property 1721 Knollwood Dr is land located in Fairmont, Minnesota, 56031.

Is this property for sale now?

Active Listing: 1721 Knollwood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1721 Knollwood Dr are:
Fairmont Elementary School: GreatSchools Rating 4/10
Fairmont Jr./Sr. High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $640 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaMartin CountyFairmont560311721 Knollwood Dr

This home is located at 1721 Knollwood Dr in Fairmont, MN and zip code 56031. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $138,500.

Over 7 listings were sold over their listed price in October 2024 in Fairmont, MN. In the same period over 4 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Fairmont, MN between September 2024 and October 2024 decreased by 6.7%. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $182,900.

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

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