502 E 3rd St
Fairmont, MN 56031
2 Beds
3 Baths
2,408 sqft (on 0.30 acres)
2 Beds
3 Baths
2,408 sqft
(on 0.30 acres)
Home Value
Trulia Estimate
$96KSince last month
Decreased$5K (-4.6%)Since last year
Increased$9K (+10.5%)Since last sale
Increased$82K (+546%)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 +101% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $97K |
| July 2026 | $102K |
| June 2026 | $107K |
| May 2026 | $102K |
| April 2026 | $103K |
| March 2026 | $100K |
| February 2026 | $101K |
| January 2026 | $102K |
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 |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $164,900 | 12/01/25 | 4 | 2.5 | 2,072 | |
0.14 | Single-Family Home | $40,752 | 01/06/26 | 2 | 1 | 1,260 | |
0.17 | Single-Family Home | $87,000 | 05/08/26 | 3 | 1.5 | 2,078 | |
0.24 | Single-Family Home | $150,900 | 07/30/26 | 3 | 2.5 | 1,800 | |
0.28 | Single-Family Home | $92,000 | 05/08/26 | 2 | 2 | 1,614 | |
0.20 | Single-Family Home | $128,500 | 08/19/26 | 4 | 2 | 2,302 | |
0.18 | Single-Family Home | $123,700 | 05/29/26 | 3 | 2.5 | 1,330 | |
0.19 | Single-Family Home | $75,000 | 02/09/26 | 3 | 1.5 | 1,277 | |
0.20 | Single-Family Home | $95,000 | 12/08/25 | 3 | 2 | 1,330 | |
0.24 | Single-Family Home | $164,000 | 09/26/25 | 4 | 3 | 2,322 |
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 |
|---|---|---|---|---|---|---|
0.04 | $45,000 | 5 | 2 | 1,020 | For Sale | |
0.10 | - | Studio | 1 | - | Off Market | |
0.09 | $107,200 | 3 | 1 | 1,276 | Off Market | |
0.12 | $150,000 | 5 | 3 | 2,880 | For Sale | |
0.08 | $93,500 | 2 | 2 | 960 | Off Market | |
0.09 | $94,800 | 2 | 1 | 975 | Off Market | |
0.10 | $124,300 | 2 | 1 | 884 | Off Market | |
0.17 | $129,900 | 3 | 2 | 1,610 | Off Market | |
0.16 | $106,200 | 4 | 1.5 | 1,962 | Off Market | |
0.16 | $79,800 | 4 | 1 | 2,344 | Off Market | |
0.16 | $152,100 | 3 | 2 | 2,092 | Off Market | |
0.15 | $96,500 | 2 | 1 | 1,218 | For Sale |
Local Information
- Map ViewExplore the area around 502 E 3rd St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1900
Lot Size
0.3 acres
Living Area
2,408 sqft
Price/Sqft
$40
Parking
Garage
About this House
Furnace installed in 2009, there are other large rooms that could be used as bedrooms, there could possibly be up to 4 bedrooms, 2 upper level full baths. Main floor rooms are all very nice sized. All of this on a corner lot across the street from the park and only a few blocks from down town. Metal siding is just another asset to this property. Some windows appear to be newer. *Case #271-933959 *"HUD homes are Sold AS IS" *www.MMREM.com *www.HudHomeStore.com
502 E 3rd St, Fairmont, MN 56031 is a 2 bedroom, 3 bathroom, 2,408 sqft single-family home built in 1900. It last sold for $15,000 on Aug 13, 2015. It is currently off market. The Trulia Estimate is $96,000, with a rent estimate of $1,464/month.
Home Details for 502 E 3rd St
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Interior Details BasementNumber of Rooms: 3Types of Rooms: Dining Room |
Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
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Exterior Home Features Roof: AsphaltDeckExterior: MetalFoundation Type: Stone |
Parking & Garage GarageParking: Garage Detached |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
|
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Lot Area: 0.30 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 13, 2015 Source: NorthstarMLS as distributed by MLS GRID #5183623 | Sold | $15,000 |
May 20, 2015 Source: Agent Provided | PriceChange | $19,900 Price decreased by 20% |
Feb 28, 2015 Source: Agent Provided | PriceChange | $24,900 Price decreased by 41% |
Jan 25, 2015 Source: Agent Provided | PriceChange | $42,000 Price decreased by 15% |
Dec 13, 2014 Source: Agent Provided | PriceChange | $49,300 Price decreased by 12% |
Oct 22, 2014 Source: Agent Provided | Listed For Sale | $56,000 |
May 14, 2014 Source: N/A | Sold | $44,500 |
Nov 5, 2012 Source: Agent Provided | ListingRemoved | $59,900 |
Jul 20, 2012 Source: Agent Provided | PriceChange | $59,900 Price decreased by 5% |
Apr 28, 2012 Source: Agent Provided | Listed For Sale | $62,900 |
May 22, 2007 Source: N/A | Sold | $118,800 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,836 | $128,900 |
Home facts updated by county records
Market trends in Fairmont
Last updated July 2026
Avg. sale price
—
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 502 E 3rd St
- What is 502 E 3rd St estimated to be worth?Trulia's estimated value for 502 E 3rd St in Fairmont, MN is $96,000.
- What is the price history for 502 E 3rd St?502 E 3rd St in Fairmont, MN last sold for $15,000 in August 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.
- How big is the lot at 502 E 3rd St?The lot at 502 E 3rd St in Fairmont, MN is about 0.30 acres (13,000 sq ft).
- Does 502 E 3rd St have a garage?Yes, 502 E 3rd St in Fairmont, MN has a garage.
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Off Market Homes Near 502 E 3rd St
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