12 days on rocket

705 Adams Ave, Fairmont, MN, 56031

$199,000

Home List Price

$2,363*

Closing Credit

3 Bedrooms
1 Full Bath
1,934 SqFt
$103/SqFt
House

Location

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705 Adams Ave, Fairmont$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Tuckunder Garage
Garage1 space
Year Built1961
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas
MLS #6621749
StatusActive

About 705 Adams Ave

Don’t miss your chance to make this three-bedroom, two-bathroom, multi-level home your own! Large windows in the living room fill the space with natural light, connecting to the dining room and a cozy breakfast nook in the kitchen. The lower level den offers a gas fireplace and all bedrooms conveniently located on the upper level. The unfinished basement offers plenty of storage, while the tuckunder garage and backyard shed add to the convenience. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Living Area: 1,934 SqFt

Listing Office:

  • Office Name: RE/MAX TOTAL REALTY

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Concrete, Tuckunder Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

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: Heading south on south state street, take a right onto highland ave, then a left onto adams ave and the house will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $103/SqFt

Tax Information:

  • Annual Amount: $1,818
  • 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

$182.9K

Med. Price/SqFt

$107

Avg. Days On Market

60

# of Sold Homes

14

705 Adams Ave vs Fairmont

12 DAYS ON ROCKET

-48 Days

$199,000

+$16.1K More

$103/SqFt

-$4 Less

KEY TAKEAWAY

This property is $16.1K more than the Median Sold Price and $4/SqFt less than other homes in Fairmont, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6621749

Listing Office:

  • Office Name: RE/MAX TOTAL REALTY

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Last updated on: 11/5/2024, 11:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 22, 2019Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,818$141,600
2020$1,818$141,600
2018$1,528$122,100
2017$1,351$95,800

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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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.

Elementary School

school-card-donut-1964451
4
/10

  • Fairmont Elementary School

  • 714 Victoria St Ste 101

  • 0.16 miles

  • Public District Grades PK-6

High School

school-card-donut-1964452
5
/10

  • Fairmont Jr./Sr. High School

  • 900 Johnson St

  • 0.53 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,929. Most Fairmont, MN residents have annual incomes between $35k-100k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 705 Adams Ave

What is the listing price of this property?

The listing price of 705 Adams Ave property is $199,000.

What type of property is this?

The property 705 Adams Ave is a house located in Fairmont, Minnesota, 56031.

Is this property for sale now?

Active Listing: 705 Adams Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 705 Adams Ave 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 $1,818 (source: MLS/based on county public records data).

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

The last sale was on November 22, 2019 for $150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 705 Adams Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 705 Adams Ave is 1,934 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Adams Ave is 1961.

Rocket Homes›Minnesota›Martin County›Fairmont›56031›705 Adams Ave

This home is located at 705 Adams Ave in Fairmont, MN and zip code 56031. This 1,934 square foot home was built in 1961. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $199,000.

In October 2024, from all listings sold in Fairmont, MN there were more than 7 sold above asking price, over 4 sold below and more than 3 were sold right at the asked price. In October 2024 in Fairmont, MN there were 6.7% less homes for sale than in September 2024. In October 2024 median list price was $182,900 and the average listing age was 60 days.

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

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