This is a stunning lake shore lot on beautiful South Silver lake. The large lot is ready for you to build your dream get away. The lot is over an acre and is full of mature oak trees with enough open areas to build your cabin or year round home with stunning sunset views of the lake. This beautiful lake has outstanding fishing and boating opportunities and is close to the chain of lakes in Fairmont. The small towns around Fairmont all have wonderful summer celebrations. Check out this peaceful quiet area of rural southern Minnesota !!
Property Details
Property Features
Listing Office:
Office Name: Edina Realty
Exterior Features
Exterior Information:
Waterfront: Creek/Stream, Lake Front
View: Lake
Lot Features
Lot Information:
Lot: Accessible Shoreline, Some Trees
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: Go south on Albion for 7.5 miles, out of town, go by Interlaken Golf Course, lot is on your right hand side.
Price Information
Listing Price Info
Price Summary:
List Price: $170,000
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.
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: 5/3/2024, 5:22:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$916
Per Month
Principal & Interest
$849
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$576
Powered By
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
4
/10
Fairmont Elementary School
714 Victoria St Ste 101
Distance between this listing and this school8.29 miles
Public District Grades PK-6
High School
5
/10
Fairmont Jr./Sr. High School
900 Johnson St
Distance between this listing and this school7.63 miles
Public District Grades 6-12
Assigned Schools
4
/10
Fairmont Elementary School
714 Victoria St Ste 101
Distance between this listing and this school8.29 miles
Public District Grades PK-6
Nearby Schools
2
/10
Granada Huntley East Chain Elementary School
395 280th Ave
Distance between this listing and this school7.82 miles
Public District Grades PK-6
10
/10
North Kossuth Elementary School
203 5th St N
Distance between this listing and this school12.48 miles
Public District Grades PK-5
Nearby Schools
8
/10
North Union Middle School
203 5th St N
Distance between this listing and this school12.48 miles
Public District Grades 6-8
3
/10
Martin County West Junior High School
16 W 5th St
Distance between this listing and this school16.08 miles
Public District Grades 7-8
4
/10
Blue Earth Area Middle School
315 E 6th St
Distance between this listing and this school19.80 miles
Public District Grades 6-8
Assigned Schools
5
/10
Fairmont Jr./Sr. High School
900 Johnson St
Distance between this listing and this school7.63 miles
Public District Grades 6-12
Nearby Schools
7
/10
Armstrong-Ringsted High School
600 4th Ave
Distance between this listing and this school9.36 miles
Public District Grades 9-12
5
/10
Granada-Huntley East Chain Secondary School
300 Reynolds St
Distance between this listing and this school13.23 miles
The neighbors living near this home have an average income of $66,276. The most common annual income of people living in Fairmont, MN is between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 285 200th Ave
What is the listing price of this property?
The listing price of 285 200th Ave property is $170,000.
What type of property is this?
The property 285 200th Ave is land located in Silver Lake Twp, Minnesota, 56031.
Is this property for sale now?
Active Listing: 285 200th Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 285 200th Ave are: Fairmont Elementary School: GreatSchools Rating 4/10Fairmont Jr./Sr. High School: GreatSchools Rating 5/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 285 200th Ave in Silver Lake Twp, MN and zip code 56031. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $170,000.
In April 2024 more than 6 listings in Fairmont, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 6 were sold below. In April 2024 in Fairmont, MN there were 14.9% more homes for sale than in March 2024. Listings spent 56 days on the market in April 2024, and had a median list price of $179,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.