10 days on rocket

1940 Knollwood Dr, Fairmont, MN, 56031

$339,000

Home List Price

$4,026*

Closing Credit

4 Bedrooms
1 Full Bath
2,073 SqFt
$164/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1940 Knollwood Dr, Fairmont$339,000

Buyer Closing Credits

$4,026*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Finished Garage, Garage Door Opener, Insulated Garage, RV Access/Parking, Storage
Attached Garage2 spaces
Year Built1976
HeatingForced Air, Fireplace(s)
CoolingCentral Air
BasementYes
FireplaceGas
MLS #6525489
StatusActive

About 1940 Knollwood Dr

Welcome to this charming 4-bedroom bilevel split nestled on a generous lot, offering ample space for comfortable living and entertaining. The main floor consists of a spacious kitchen, a formal dining area, and a generously sized living room. The upper level has 3 bedrooms and a full bath and the lower level has a large family room with gas fireplace, additional bedroom and ¾ bath combined with laundry. The family room walks out to a nice sized 3-season room overlooking the back yard. For those with hobbies or in need of workspace, the garage is a standout feature, measuring 23x23 and complemented by a heated 17x18 shop adjoining it, providing the perfect environment for tinkering, crafting, or simply storing tools and equipment.

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Living Area: 2,073 SqFt

Listing Office:

  • Office Name: RE/MAX TOTAL REALTY

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Finished Garage, Garage Door Opener, Insulated Garage, RV Access/Parking, Storage

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • 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: Turn R onto W Lair road from Albion Ave, Turn L onto Knollwood Drive and the home is located on the West side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $339,000
  • Price Per SqFt: $164/SqFt

Tax Information:

  • Annual Amount: $3,032
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Fairmont, MN.

Map thumbnail provided by MapBox

Fairmont, MN

City

Med. Sold Price

$179K

Med. Price/SqFt

$106

Avg. Days On Market

56

# of Sold Homes

13

1940 Knollwood Dr vs Fairmont

10 DAYS ON ROCKET

-46 Days

$339,000

+$160K More

$164/SqFt

+$58 More

KEY TAKEAWAY

This property is $160K more than the Median Sold Price and $58/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: #6525489

Listing Office:

  • Office Name: RE/MAX TOTAL REALTY

IDX Broker Reciprocity Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 1:22:32 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$3,032$226,000
2020$3,032$226,100
2018$2,720$198,300
2017$2,423$175,900

History based on county public records data.

Payment Calculator

$1,759

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,083

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-6494371
4
/10

  • Fairmont Elementary School

  • 714 Victoria St Ste 101

  • 1.90 miles

  • Public District Grades PK-6

High School

school-card-donut-6494372
5
/10

  • Fairmont Jr./Sr. High School

  • 900 Johnson St

  • 1.60 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 $76,415. The most common annual income of people living in Fairmont, MN is between $35k-100k. The most common type of family is married, 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 1940 Knollwood Dr

What is the listing price of this property?

The listing price of 1940 Knollwood Dr property is $339,000.

What type of property is this?

The property 1940 Knollwood Dr is a house located in Fairmont, Minnesota, 56031.

Is this property for sale now?

Active Listing: 1940 Knollwood 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 1940 Knollwood 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 $3,032 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1940 Knollwood Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1940 Knollwood Dr is 2,073 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1940 Knollwood Dr is 1976.

Rocket Homes›Minnesota›Martin County›Fairmont›56031›1940 Knollwood Dr

This home is located at 1940 Knollwood Dr in Fairmont, MN and zip code 56031. This 2,073 square foot home was built in 1976. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $339,000.

Fairmont, MN housing market in April 2024 saw over 6 listings sold above listed price, more than 1 sold at listed price and over 6 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.

More Resources