2 months on rocket

1140 Horatio St, Fairmont, MN, 56031

$550,000

Home List Price

$6,531*

Closing Credit

4 Bedrooms
2 Full Baths
3,372 SqFt
$163/SqFt
House
Schools Nearby

Location

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1140 Horatio St, Fairmont$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Insulated Garage
Attached Garage3 spaces
Year Built2011
HeatingForced Air
CoolingCentral Air, Dual, Zoned
BasementYes
WaterfrontPond
MLS #6490212
StatusActive

About 1140 Horatio St

This gorgeous 4 bedroom 3 bath rambler is built in a quiet neighborhood on 2 parcels. Large lot on over .6 of an acre, it boast a beautiful water feature/pond that is home to a variety of waterfowl. Inside of this lovely home you will experience an open floor plan up and down with walk-in closets and comfortably sized bedrooms. Access to the lower level from the large garage opens up possibilities for a mother-in-law suite or even a renter. Conveniently located close to the Mayo Clinic with shopping and restaurants close by. The attached lot (2nd PID) is a buildable lot that can be sold separately.

Property Details

Property Features

Property Information:

  • Year Built: 2011
  • Living Area: 3,372 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Oven
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Pond

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Insulated Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Dual, Zoned

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: From I-90 go south on 15 (turns into State St) to Adams Ave, turn left go east to Horatio, turn right go 1/2 block, house on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $163/SqFt

Tax Information:

  • Annual Amount: $5,250
  • 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

$190K

Med. Price/SqFt

$109

Avg. Days On Market

84

# of Sold Homes

9

1140 Horatio St vs Fairmont

72 DAYS ON ROCKET

-12 Days

$550,000

+$360K More

$163/SqFt

+$53 More

KEY TAKEAWAY

This property is $360K more than the Median Sold Price and $53/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: #6490212

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 4/27/2024, 11:22:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 24, 2013Home Sold
$281,000
Aug 25, 2011Home Sold
$36,100

Tax History

YEARPROP. TAXASSESSMENT
2021$5,250$356,900
2020$5,250$356,900
2018$5,016$342,500
2017$4,605$339,500

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-1691387
4
/10

  • Fairmont Elementary School

  • 714 Victoria St Ste 101

  • 0.56 miles

  • Public District Grades PK-6

High School

school-card-donut-1691388
5
/10

  • Fairmont Jr./Sr. High School

  • 900 Johnson St

  • 0.56 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 $15,808. The most common annual income of people living in Fairmont, MN is less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1140 Horatio St

What is the listing price of this property?

The listing price of 1140 Horatio St property is $550,000.

What type of property is this?

The property 1140 Horatio St is a house located in Fairmont, Minnesota, 56031.

Is this property for sale now?

Active Listing: 1140 Horatio St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1140 Horatio St 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 $5,250 (source: MLS/based on county public records data).

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

The last sale was on May 24, 2013 for $281,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1140 Horatio St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1140 Horatio St is 3,372 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1140 Horatio St is 2011.

Rocket Homes›Minnesota›Martin County›Fairmont›56031›1140 Horatio St

This home is located at 1140 Horatio St in Fairmont, MN and zip code 56031. This 3,372 square foot home was built in 2011. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $550,000.

In March 2024 more than 2 listings in Fairmont, MN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 5 were sold below. The number of listings in Fairmont, MN increased by 6.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $190,000, while the average time on the real estate market was 84 days.

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

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