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$194,900

Listing Price

3beds

3baths

1,705sqft

7,536sqft lot

111 Water St, Fairmont, MN 56031

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

109.69

Price / sqft

1955

Year built

Home Details

Fantastic location with lake views! Enjoy a beautiful view of Budd Lake from this spacious 3 bedroom, 2.5 bath home, including a private primary suite. The main floor features a welcoming family room with gas fireplace, an open concept kitchen, dining , and living room-- perfect for gatherings. Convenient main floor laundry adds ease to everyday living. Dont miss this wonderful opportunity to own a home in a desirable location with stunning lake views!

Interior Details

Square Feet
  • 1705

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 7536

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Metal

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,578

$13,200

$120,300

--%

$133,500

-1

$-1

$12,500

$113,800

--%

$126,300

2018

$1,384

$11,100

$101,800

--%

$112,900

2017

$1,217

$8,436

$77,364

--%

$85,800

2015

$1,027

$7,346

$67,354

--%

$74,700

percent-home-icon

Average Home Price in 56031

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$145,350

3 Beds

2 Baths

1,644 Sqft

9,583 Lot (sqft)

Sold 08/25/2026

$309,900

3 Beds

2 Baths

1,669 Sqft

12,720 Lot (sqft)

Sold 09/29/2026

$250,000

4 Beds

2 Baths

1,602 Sqft

8,799 Lot (sqft)

Sold 09/29/2026

$209,000

3 Beds

3 Baths

1,807 Sqft

16,248 Lot (sqft)

Sold 09/29/2026

$239,900

3 Beds

1 Baths

1,845 Sqft

8,799 Lot (sqft)

Sold 10/06/2026

$124,792

3 Beds

0.5 Baths

1,759 Sqft

13,721 Lot (sqft)

Sold 10/06/2026

$217,500

3 Beds

3 Baths

1,576 Sqft

5,663 Lot (sqft)

Sold 09/29/2026

$263,506

3 Beds

1.5 Baths

1,697 Sqft

29,229 Lot (sqft)

Sold 10/05/2026

$195,736

3 Beds

1 Baths

1,512 Sqft

13,852 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
194,900
$
Down payment
38,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,169.4
$
HOA (Monthly)
0
$
PMI
0
$
$1,262
Your Payment
Total Monthly Payment:$1,262
Percent of Income:22%
Affordable:Yes

Details for 111 WATER ST

Property Debt

Foreclosure Contact Details

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