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1918 Albion Avenue

1918 Albion Avenue, Fairmont, MN 56031
Property in Fairmont
Sold May 31, 2023
$109,900
$100,000 by Stolt Dale
Mortgage Due May 15, 2029
Sold May 31, 2023
$109,900
Local assessors in Fairmont, MN have categorized 1918 Albion Avenue as a residential type of property. The home was built in 1930 and is 94 years old. It was most recently renovated and altered in 1932. The property's lot size has been calculated to be 5,097 square feet. The linear feet between the front and back of the lot was measured at 1,020 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1918 Albion Avenue has a total of 1,996 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in May 31, 2023 for $109,900. That's $55.06 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2023 for $109,900. 1918 Albion Avenue was last assessed in 2023. The total value of the property was assessed at $97,800. Specifically, the land the property is located on was valued at $14,100. While improvements on the property were assessed at a total of $83,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,900. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1932
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Floating floor/laminate
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,097
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,996
  • Gross Building Area: 1,996
  • Building Area: 1,996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNPLATTED
  • Land Acres: 0.117
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: SECT-20 TWP-102 RANGE-030 UNPLATTED SURVEY #978 E A HARNDEN SUBD LOT 16

Ownership

  • Current Owner : B & M PROPERTY MGMT LLC
  • Previous Owner : ABT Properties LLC
  • Owner Before Previous Owner: ABT PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fairmont Area School District
  • School Tax School District: SD 454
  • Census Tract: 790502

Geography

  • District: 2301
  • Parcel: 23.039.1720
  • Lot: 16
  • Meridian: SEC 20 TWN 102 RNG 030
  • Municipality: FAIRMONT CITY
  • Latitude: 43.6289
  • Longitude: -94.4619

    Address

  • Full Address: 1918 Albion Ave
  • Address - House Number: 1918
  • Address - Street Name: Albion
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Fairmont
  • Carrier Code: C007
  • 4-Digit Zip Code: 3203
  • Zip Code: 56031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,900

    Appraisal Valuation

  • Standard Deviation: 0.244
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 134,084
  • High Value: 166,812
  • Low Value: 101,355

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: STOLT DALE
  • First Open Lien Mortgage Recording Date: Aug 03, 2023
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 68
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 15, 2029
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $97,800
  • Market Land Value: $14,100
  • Market Improvement Value: $83,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,800
  • Assessed Land Value: $14,100
  • Assessed Improvements Value: $83,700

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Transaction ID: 11907483542
  • Current Sale Price: $109,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1535753
  • Previous Sale Recording Date: May 31, 2023
  • Previous Sale Contract Date: May 31, 2023
  • Previous Sale Amount: $109,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Loan Type: Cash

About Fairmont



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Frequently Asked Questions

What neighborhood is 1918 Albion Avenue located in?
The 1918 Albion Avenue is a located in the neighborhood of Fairmont in Fairmont, Fairmont.
What is the average sales price for listings in 1918 Albion Avenue?
The average sales price for units in 1918 Albion Avenue is $0 currently.

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