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767 Shoreacres Dr, Fairmont, MN, 56031

$489,900

Home List Price

$5,818*

Closing Credit

3 Bedrooms
2 Full Baths
3,305 SqFt
$148/SqFt
House

Location

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767 Shoreacres Dr, Fairmont$489,900

Buyer Closing Credits

$5,818*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Garage Door Opener
Attached Garage2 spaces
Year Built1932
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake Front
FireplaceWood Burning
MLS #6355957
StatusActive

About 767 Shoreacres Dr

Looking for a great lake home? Come take a look at this 3 bedroom 2 bathroom home on Budd Lake! This home has had many updates that you must see. In the living room you will find a cute little wet bar area. As you first walk in to the great room you will notice the massive size and the beautiful view of the Budd Lake. The kitchen has all been updated with Cambria countertops and custom cupboards. There also was a center island added. Off the kitchen there is a full bathroom along with a bedroom. In the basement you will find the master bedroom with lots a closet space along with another bedroom. There is a full bathroom with heated floors and it has double sinks. There is lots of other storage in the basement. Enjoy the nice patio and deck for entertaining. The double attached garage is heated. Don’t miss out on your chance to live on one of our beautiful lakes. Call today to schedule a showing!

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Living Area: 3,305 SqFt

Listing Office:

  • Office Name: Cavers Realty Inc

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Dishwasher, Water Osmosis System, Microwave, Range, Refrigerator
  • Basement: Yes
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Garage Door Opener

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: on Albion Ave take a right on Lair Rd. Turn Right on to Shoreacres. House is on the right side after the second hill.

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,900
  • Price Per SqFt: $148/SqFt

Tax Information:

  • Annual Amount: $6,856
  • 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

767 Shoreacres Dr vs Fairmont

568 DAYS ON ROCKET

+508 Days

$489,900

+$307K More

$148/SqFt

+$41 More

KEY TAKEAWAY

This property is $307K more than the Median Sold Price and $41/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: #6355957

Listing Office:

  • Office Name: Cavers Realty Inc

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Last updated on: 11/5/2024, 6:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,856$554,300
2020$6,856$466,500
2018$7,102$483,400
2017$5,383$397,300

History based on county public records data.

Payment Calculator

$2,513

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,535

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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-2204250
4
/10

  • Fairmont Elementary School

  • 714 Victoria St Ste 101

  • 1.15 miles

  • Public District Grades PK-6

High School

school-card-donut-2204251
5
/10

  • Fairmont Jr./Sr. High School

  • 900 Johnson St

  • 1.17 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 $72,816. The majority of Fairmont, MN residents have income between $35k-100k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 767 Shoreacres Dr

What is the listing price of this property?

The listing price of 767 Shoreacres Dr property is $489,900.

What type of property is this?

The property 767 Shoreacres Dr is a house located in Fairmont, Minnesota, 56031.

Is this property for sale now?

Active Listing: 767 Shoreacres 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 767 Shoreacres 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 $6,856 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 767 Shoreacres Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 767 Shoreacres Dr is 3,305 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 767 Shoreacres Dr is 1932.

Rocket Homes›Minnesota›Martin County›Fairmont›56031›767 Shoreacres Dr

This home is located at 767 Shoreacres Dr in Fairmont, MN and zip code 56031. This 3,305 square foot home was built in 1932. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2023 and is currently priced at $489,900.

In October 2024 more than 7 listings in Fairmont, MN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below. Between September 2024 and October 2024, Fairmont, MN real estate market has seen decrease in the number of listings by 6.7%. While the average time on the market in October 2024 was 60 days, the median list price was $182,900.

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

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