316 E  3rd St, Fairmont, MN 56031
Property image
Property image
OFF MARKET

316 E 3rd St
Fairmont, MN 56031

  • 3 Beds
  • 1 Bath
  • 1,094 sqft

$109,500

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $713/mo*

$109,500

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $713/mo*
3 Beds
1 Bath
1,094 sqft

Local Information

  • Map ViewExplore the area around 316 E 3rd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1935
Living Area
1,094 sqft
Price/Sqft
$100
Parking
Garage

About this House

This single-family home is located at 316 E 3rd St, Fairmont, MN. 316 E 3rd St is in Fairmont, MN and in ZIP code 56031. This property has 3 bedrooms, 1 bathroom and approximately 1,094 sqft of floor space. This property has a lot size of 4356 sqft and was built in 1935.
316 E 3rd St, Fairmont, MN 56031 is a 3 bedroom, 1 bathroom, 1,094 sqft single-family home built in 1935. It last sold for $29,500 on Jul 18, 2017. It is currently off market. The Trulia Estimate is $109,500, with a rent estimate of $1,146/month.

Home Details for 316 E 3rd St

Interior Features

Interior Details
BasementNumber of Rooms: 7
Heating & Cooling
Heating: Forced Air, OtherAir ConditioningCooling System: CentralHeating Fuel: Forced Air

Exterior Features

Exterior Home Features
Roof: CompositionExterior: MetalFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: Single Family HomeArchitecture: Contemporary

Lot Information

Lot Area: 4356 sqft

Price History for 316 E 3rd St

DatePriceEventSource
07/18/2017$29,500Sold
NorthstarMLS as distributed by MLS GRID #5187879
06/22/2017$52,500PendingAgent Provided
04/26/2017$52,500PriceChange
Agent Provided
03/23/2017$59,900PriceChange
Agent Provided
02/13/2017$65,900Listed For SaleAgent Provided
07/06/2012$47,500Sold
Lake Superior Area Realtors as distributed by MLS GRID #1820020
05/05/2012$49,900Listed For SaleAgent Provided

Market trends in Fairmont

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
71
7
MoM
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Property Tax and Assessment

Year2025
Tax$876
Assessment$92,100
Home facts updated by county records

Comparable Sales for 316 E 3rd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Single-Family Home
$40,752
01/06/26
2
1
1,260
0.34
Single-Family Home
$40,000
09/12/25
2
1
696
0.32
Single-Family Home
$67,000
02/18/26
3
1
1,249
0.26
Single-Family Home
$50,000
02/18/26
2
1
945
0.29
Single-Family Home
$85,000
07/21/26
2
1
875
0.43
Single-Family Home
$60,000
01/06/26
3
1
834
0.52
Single-Family Home
$20,000
12/18/25
2
1
912
0.20
Single-Family Home
$75,000
02/09/26
3
1.5
1,277
0.20
Single-Family Home
$50,000
09/12/25
1
1
480
0.43
Single-Family Home
$139,000
02/17/26
4
1
1,133

Nearby homes

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Assigned Schools

These are the assigned schools for 316 E 3rd St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Fairmont

At least 12 Trulia users voted on each feature.
  • 100 % Say there's holiday spirit

  • 92 % Say kids play outside

  • 90 % Say parking is easy

  • 88 % Say streets are well-lit

  • 88 % Say yards are well-kept

  • 86 % Say it's dog friendly

  • 82 % Say it's quiet

  • 82 % Say car is needed

  • 74 % Say people would walk alone at night

  • 71 % Say there are sidewalks

  • 65 % Say neighbors are friendly

  • 53 % Say it's walkable to restaurants

  • 53 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to grocery stores

  • 29 % Say there's wildlife

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Primo!
    "Quite neighborhood good to have your family grow good schools friendly neighbors clean crisp neighborhood "
  • Michelle H.
    "this is one of the best neighborhoods I have ever lived in. everyone is so friendly and there are never any issues with crime "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 316 E 3rd St

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Off Market Homes Near 316 E 3rd St

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Frequently asked questions about 316 E 3rd St

  • What is 316 E 3rd St estimated to be worth?
    Trulia's estimated value for 316 E 3rd St in Fairmont, MN is $109,500.
  • What is the price history for 316 E 3rd St?
    316 E 3rd St in Fairmont, MN last sold for $29,500 in July 2017.
  • Is Fairmont a buyer's or seller's market?
    Fairmont is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Fairmont?
    Residents describe Fairmont, MN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Fairmont, MN.
  • Does 316 E 3rd St have air conditioning?
    Yes, 316 E 3rd St in Fairmont, MN has air conditioning.
  • How big is the lot at 316 E 3rd St?
    The lot at 316 E 3rd St in Fairmont, MN is about 0.10 acres (4,356 sq ft).