$119,200
3 Beds
2 Baths
1,890 sqft (on 1 acre)
408 E 1st St, Fairmont, MN 56031
Est. Refi. Payment $787/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 12, 2015 for $60,000
Home Value
Trulia Estimate
$119KSince last month
Decreased$5K (-4.1%)Since last year
Increased$4K (+3.6%)Since last sale
Increased$61K (+101.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +93% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $121K |
| August 2026 | $119K |
| July 2026 | $126K |
| June 2026 | $129K |
| May 2026 | $129K |
| April 2026 | $126K |
| March 2026 | $125K |
| February 2026 | $124K |
| January 2026 | $120K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $87,000 | 05/08/26 | 3 | 1.5 | 2,078 | |
0.16 | Single-Family Home | $95,000 | 12/08/25 | 3 | 2 | 1,330 | |
0.14 | Single-Family Home | $92,000 | 05/08/26 | 2 | 2 | 1,614 | |
0.16 | Single-Family Home | $125,000 | 06/26/26 | 3 | 2 | 2,146 | |
0.14 | Single-Family Home | $128,500 | 08/19/26 | 4 | 2 | 2,302 | |
0.30 | Single-Family Home | $75,000 | 02/09/26 | 3 | 1.5 | 1,277 | |
0.11 | Single-Family Home | $150,900 | 07/30/26 | 3 | 2.5 | 1,800 | |
0.29 | Single-Family Home | $134,900 | 05/15/26 | 3 | 2 | 1,800 | |
0.23 | Single-Family Home | $67,000 | 02/18/26 | 3 | 1 | 1,249 | |
0.31 | Single-Family Home | $85,000 | 06/04/26 | 3 | 2 | 1,944 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $169,500 | 4 | 2.5 | 2,098 | Off Market | |
0.08 | $89,900 | 2 | 1 | 1,260 | For Sale | |
0.12 | $80,700 | 2 | 1 | 1,065 | Off Market | |
0.09 | $191,800 | 2 | 2.5 | 2,134 | Off Market | |
0.08 | $224,500 | 5 | 2.5 | 2,940 | Off Market | |
0.11 | $150,900 | 3 | 2.5 | 1,800 | Recently Sold | |
0.12 | $50,000 | 2 | 1 | 945 | Recently Sold | |
0.14 | $128,500 | 4 | 2 | 2,302 | Recently Sold | |
0.16 | $164,900 | 4 | 2.5 | 2,072 | Recently Sold | |
0.14 | $170,000 | 5 | 2 | 2,496 | Recently Sold | |
0.16 | $95,000 | 3 | 2 | 1,330 | Recently Sold | |
0.13 | $135,000 | 4 | 1.5 | 2,595 | Recently Sold |
Local Information
- Map ViewExplore the area around 408 E 1st St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
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Home Highlights
Single-Family Home
Built in 1912
1 acre lot
1,890 sqft
$63/sqft
Garage
About this House
This single-family home is located at 408 E 1st St, Fairmont, MN. 408 E 1st St is in Fairmont, MN and in ZIP code 56031. This property has 3 bedrooms, 2 bathrooms and approximately 1,890 sqft of floor space. This property has a lot size of 1 acre and was built in 1912.
408 E 1st St, Fairmont, MN 56031 is a 3 bedroom, 2 bathroom, 1,890 sqft single-family home built in 1912. It last sold for $60,000 on Nov 12, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $119,200, with a rent estimate of $1,393/month.
Home Details for 408 E 1st St
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Interior Details BasementAtticNumber of Rooms: 7Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Mud Room |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
Appliances & Utilities DishwasherMicrowaveRefrigeratorWasher |
Windows, Doors, Floors & Walls Double Paned Windows |
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Exterior Home Features Roof: AsphaltExterior: StuccoFoundation Type: Concrete BlockLawnPatioPorch |
Parking & Garage GarageParking Space: 1Parking: Garage Detached, Off Street |
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Year Built Year Built: 1912Year Updated: 1950 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Lot Area: 1 acre |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 12, 2015 Source: NorthstarMLS as distributed by MLS GRID #5183927 | Sold | $60,000 |
Sep 21, 2015 Source: Agent Provided | PriceChange | $69,900 Price decreased by 7% |
Mar 25, 2015 Source: Agent Provided | PriceChange | $74,900 Price decreased by 6% |
Apr 23, 2014 Source: Agent Provided | Listed For Sale | $79,900 |
Mar 7, 2012 Source: Agent Provided | ListingRemoved | $87,500 |
Mar 6, 2012 Source: Agent Provided | Listed For Sale | $87,500 |
Sep 19, 2011 Source: Agent Provided | ListingRemoved | $82,000 |
May 12, 2011 Source: Agent Provided | Listed For Sale | $82,000 |
Apr 30, 2001 Source: N/A | Sold | $63,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $900 | $95,000 |
Home facts updated by county records
Market trends in Fairmont
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
73
2MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 408 E 1st St
- What is 408 E 1st St estimated to be worth?Trulia's estimated value for 408 E 1st St in Fairmont, MN is $119,200.
- What is the price history for 408 E 1st St?408 E 1st St in Fairmont, MN last sold for $60,000 in November 2015.
- 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 408 E 1st St have air conditioning?Yes, 408 E 1st St in Fairmont, MN has air conditioning.
- How big is the lot at 408 E 1st St?The lot at 408 E 1st St in Fairmont, MN is about 1 acre.
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