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918 Albion Avenue

918 Albion Avenue, Fairmont, MN 56031
Property in Fairmont
Sold Oct 06, 2015
$105,000
918 Albion Avenue has been categorized by the local assessors in Fairmont, MN as a residential type of property. The building on the property was first built in 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1957. The home has a total of 3 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 918 Albion Avenue has 1,500 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,520 ft and across the front of the lot is 1,420 ft. The area measurement of the land has been determined as 18,208 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 918 Albion Avenue was last sold in Oct 6, 2015 for $105,000. According to our calculations, that's $70.00 per sqft. Current property owners are expected to pay $2,818 in taxes per year. The property on 918 Albion Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $231,800. To break that down further, the land itself was valued at $84,000. While improvements to the property were assessed at a total of $147,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1957
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 18,208
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOLLASTONS
  • Land Acres: 0.418
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOLLASTONS BLOCK-001 S76.7 OF OUTLOT 6

Ownership

  • Current Owner : LOOFT DAWN DAWN
  • Previous Owner : JUSTICE AS TRUSTEE OF JUSTICE FAMILY TRUST CH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairmont Area School District
  • School Tax School District: SD 454
  • Census Tract: 790501

Geography

  • District: 2301
  • Parcel: 23.270.0120
  • Block: 1
  • Municipality: FAIRMONT CITY
  • Latitude: 43.6433
  • Longitude: -94.4608

    Address

  • Full Address: 918 Albion Ave
  • Address - House Number: 918
  • Address - Street Name: Albion
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Fairmont
  • Carrier Code: C005
  • 4-Digit Zip Code: 3007
  • Zip Code: 56031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,818

    Appraisal Valuation

  • Standard Deviation: 0.2468
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 254,733
  • High Value: 317,623
  • Low Value: 191,843

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $134,500
  • First Open Lien Mortgage Recording Date: Oct 06, 2015
  • First Open Lien Mortgage Loan Amount: $94,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: MAYO EMPLOYEES FCU
  • Second Open Lien Mortgage Recording Date: May 20, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $231,800
  • Market Land Value: $84,000
  • Market Improvement Value: $147,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,800
  • Assessed Land Value: $84,000
  • Assessed Improvements Value: $147,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2015
  • Current Sale Recording Date: Oct 06, 2015
  • Current Sale Transaction ID: 11551433542
  • Current Sale Price: $105,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 417338

    Last Sale Mortgage

  • First Mortgage Transaction Date: Oct 06, 2015
  • First Mortgage Loan Amount: $94,500

About Fairmont



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Frequently Asked Questions

What neighborhood is 918 Albion Avenue located in?
The 918 Albion Avenue is a located in the neighborhood of Fairmont in Fairmont, Fairmont.
What is the average sales price for listings in 918 Albion Avenue?
The average sales price for units in 918 Albion Avenue is $0 currently.

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