16 days on rocket

16 Downtown Plz, Fairmont, MN, 56031

$199,900

Home List Price

$2,374*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,796 SqFt
$111/SqFt
House
Schools Nearby

Location

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16 Downtown Plz, Fairmont$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Detached, Gravel, Concrete, Garage Door Opener
Garage1 space
Year Built1920
HeatingHot Water
CoolingWindow Unit(s)
BasementYes
FireplaceWood Burning
MLS #6530047
StatusActive

About 16 Downtown Plz

Stately Home located within a few steps to Lake Sisseton, Wards Park & Downtown Plaza! Enjoy the beautiful sunsets or take in all of the fun that Downtown Fairmont has to offer! The main floor has great woodwork & oak wood floor. The cozy living room has a wood burning fireplace for those cooler nights. There is formal dining room with built in cabinets, an updated kitchen with tiled counters & backsplash, along with a library/den & foyer that walks out to the back porch. Make your way up the gorgeous staircase to 3 bedrooms. The master is spacious & has a large walk in closet, the other 2 bedrooms are nice size, also with walk ins, wood floors & ceiling fans. There is a small room that could be a 4th bedroom if desired. Enjoy a full bath upstairs, a 1/2 on the main & a 1/4 in the basement. The basement has plenty of storage rooms, a workshop area & laundry room! Outside is a garage, carport & shed with nice landscaping! This home has been well loved and taken care for!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 1,796 SqFt

Listing Office:

  • Office Name: RE/MAX TOTAL REALTY

Interior Features

Interior Information:

  • Appliances: Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Carport, Detached, Gravel, Concrete, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Window Unit(s)

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: state street to blue earth ave to downtown plaze go south-

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $111/SqFt

Tax Information:

  • Annual Amount: $784
  • 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

$179K

Med. Price/SqFt

$106

Avg. Days On Market

56

# of Sold Homes

13

16 Downtown Plz vs Fairmont

16 DAYS ON ROCKET

-40 Days

$199,900

+$20.9K More

$111/SqFt

+$5 More

KEY TAKEAWAY

This property is $20.9K more than the Median Sold Price and $5/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: #6530047

Listing Office:

  • Office Name: RE/MAX TOTAL REALTY

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Property Sales & Tax

Listing History

Feb 01, 2008Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2021$784$86,400
2020$784$86,300
2018$730$68,200
2017$641$43,000

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-680743
4
/10

  • Fairmont Elementary School

  • 714 Victoria St Ste 101

  • 0.63 miles

  • Public District Grades PK-6

High School

school-card-donut-680744
5
/10

  • Fairmont Jr./Sr. High School

  • 900 Johnson St

  • 1.20 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 $45,441. Typical income of Fairmont, MN residents is between $35k-100k annually. The majority of 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 16 Downtown Plz

What is the listing price of this property?

The listing price of 16 Downtown Plz property is $199,900.

What type of property is this?

The property 16 Downtown Plz is a house located in Fairmont, Minnesota, 56031.

Is this property for sale now?

Active Listing: 16 Downtown Plz is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16 Downtown Plz 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 $784 (source: MLS/based on county public records data).

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

The last sale was on February 1, 2008 for $20,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16 Downtown Plz has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 16 Downtown Plz is 1,796 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Downtown Plz is 1920.

Rocket Homes›Minnesota›Martin County›Fairmont›56031›16 Downtown Plz

This home is located at 16 Downtown Plz in Fairmont, MN and zip code 56031. This 1,796 square foot home was built in 1920. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $199,900.

While more than 6 listings in Fairmont, MN in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below. The number of listings in Fairmont, MN increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $179,000, while the average time on the real estate market was 56 days.

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

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