8 days on rocket

720 Elm St, Fairmont, MN, 56031

$59,900

Home List Price

$711*

Closing Credit

3 Bedrooms
1 Full Bath
840 SqFt
$71/SqFt
House

Location

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720 Elm St, Fairmont$59,900

Buyer Closing Credits

$711*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1942
HeatingForced Air
CoolingNone
BasementYes
MLS #6629994
StatusActive

About 720 Elm St

Three bedroom, one bath fixer upper. Home has hardwood floors throughout main level. Two bedrooms on main floor, one large room upstairs to be used as you wish. There is a single attached garage.

Property Details

Property Features

Property Information:

  • Year Built: 1942
  • Living Area: 840 SqFt

Listing Office:

  • Office Name: Edina Realty

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: From highway 15 head west to north elm. Home is in the 700 block. East side of road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $59,900
  • Price Per SqFt: $71/SqFt
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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

720 Elm St vs Fairmont

8 DAYS ON ROCKET

-52 Days

$59,900

-$123K Less

$71/SqFt

-$36 Less

KEY TAKEAWAY

This property is $123K less than the Median Sold Price and $36/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: #6629994

Listing Office:

  • Office Name: Edina Realty

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$366

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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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.

Nearby Schools

school-card-donut-201169
4
/10

  • Fairmont Elementary School

  • 714 Victoria St Ste 101

  • 0.95 miles

  • Public District Grades PK-6

school-card-donut-201170
3
/10

  • Granada Huntley East Chain Elementary School

  • 300 Reynolds St

  • 6.26 miles

  • Public District Grades PK-5

school-card-donut-201171
4
/10

  • Truman Elementary School

  • 401 E 1st St S

  • 11.58 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 $42,575. Typical income of Fairmont, MN residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 720 Elm St

What is the listing price of this property?

The listing price of 720 Elm St property is $59,900.

What type of property is this?

The property 720 Elm St is a house located in Fairmont, Minnesota, 56031.

Is this property for sale now?

Active Listing: 720 Elm St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 720 Elm St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 720 Elm St is 840 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 720 Elm St is 1942.

Rocket Homes›Minnesota›Martin County›Fairmont›56031›720 Elm St

This home is located at 720 Elm St in Fairmont, MN and zip code 56031. This 840 square foot home was built in 1942. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $59,900.

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 number of homes for sale in Fairmont, MN decreased by 6.7% between September 2024 and October 2024. 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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