Check Availability

300 Fairmont Avenue

300 Fairmont Avenue, Montrose, MN 55363
Property in Montrose
Sold Aug 25, 2022
$321,000
$320,000
Mortgage
Sold Jul 26, 2018
$225,000
$180,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2048
300 Fairmont Avenue in Montrose, MN was first built in 1996 and is 28 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 300 Fairmont Avenue has 1,132 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 800 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 13,032 square feet.

Learn more about the property and building on this page. There is a patio. The home has a hip style roof made of wood shake/ shingles. For those who need parking, there is a garage. The garage is 572 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 300 Fairmont Avenue sold most recently in Aug 25, 2022 for a total of $321,000. If you work out the math, that's approximately a cost of $283.57 per sqft. Before that, the property was also sold for $225,000 in Jun 29, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,730 in taxes each year. 300 Fairmont Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $320,400. If we break it down further, the land itself was valued at $77,000. Improvements to the property, however, were assessed at a total of $243,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2000
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Frame
  • Building Style: Split level
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 800
  • Garage Type: Garage
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 13,032
  • Total Building Area: 1,132
  • Gross Building Area: 1,132
  • Building Area: 1,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,132
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONTROSE MEADOWS
  • Land Acres: 0.299
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-35 TWP-119 RANGE-026 MONTROSE MEADOWS LOT-025 BLOCK-001

Ownership

  • Current Owner : LAMB MARK
  • Current Owner 2: LAMB LUTGARDA
  • Previous Owner : WAGNER JODIE
  • Previous Owner 2: HOPKINS NATASHA
  • Owner Before Previous Owner: BAKKEN JAMES J
  • Owner Before Previous Owner 2: BAKKEN REBECCA L

Neighborhood

  • School District Name: Buffalo-Hanover-Montrose Public Schools
  • School Tax School District: BUFFALO
  • Census Tract: 101101

Geography

  • Assessors Map Reference: MB 015
  • District: 1201
  • Parcel: 112-015-001250
  • Block: 1
  • Lot: 25
  • Meridian: SEC 35 TWN 119 RNG 026
  • Municipality: CITY OF MONTROSE
  • Latitude: 45.0666
  • Longitude: -93.9174

    Address

  • Full Address: 300 Fairmont Ave S
  • Address - House Number: 300
  • Street Segment Direction: S
  • Address - Street Name: Fairmont
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Montrose
  • Carrier Code: R002
  • 4-Digit Zip Code: 8572
  • Zip Code: 55363

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,730
  • Tax Rate Code Area: 1201

    Appraisal Valuation

  • Standard Deviation: 0.0762
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 94
  • Final Value: 322,205
  • High Value: 346,786
  • Low Value: 297,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Recording Date: Aug 25, 2022
  • First Open Lien Mortgage Loan Amount: $320,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $320,400
  • Market Land Value: $77,000
  • Market Improvement Value: $243,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,400
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $243,400

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Transaction ID: 11895130560
  • Current Sale Price: $321,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1458179
  • Previous Sale Recording Date: Jul 26, 2018
  • Previous Sale Contract Date: Jun 29, 2018
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Aug 25, 2022
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 26, 2018
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Montrose



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 300 Fairmont Avenue located in?
The 300 Fairmont Avenue is a located in the neighborhood of Montrose in Montrose, Montrose.
What is the average sales price for listings in 300 Fairmont Avenue?
The average sales price for units in 300 Fairmont Avenue is $0 currently.

Nearby Cities
Quantcast