$10,000
Last sold price
2 Beds
1 Bath
816 sqft
505 E 1st St, Fairmont, MN 56031
Currently Off Market - Sold May 15, 1992 for $10,000
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $50,000 | 02/18/26 | 2 | 1 | 945 | |
0.14 | Single-Family Home | $40,752 | 01/06/26 | 2 | 1 | 1,260 | |
0.16 | Single-Family Home | $85,000 | 07/21/26 | 2 | 1 | 875 | |
0.23 | Single-Family Home | $60,000 | 10/15/25 | 2 | 1 | 780 | |
0.61 | Single-Family Home | $20,000 | 12/18/25 | 2 | 1 | 912 | |
0.16 | Single-Family Home | $67,000 | 02/18/26 | 3 | 1 | 1,249 | |
0.42 | Single-Family Home | $74,500 | 12/19/25 | 2 | 1 | 841 | |
0.31 | Single-Family Home | $96,000 | 05/15/26 | 2 | 1 | 1,109 | |
0.10 | Single-Family Home | $99,000 | 09/11/26 | 3 | 1 | 1,779 | |
0.32 | Single-Family Home | $84,000 | 06/26/26 | 2 | 1 | 1,344 |
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 |
|---|---|---|---|---|---|---|
0.06 | $83,100 | 2 | 1 | 1,065 | Off Market | |
0.07 | $171,000 | 4 | 2.5 | 2,098 | Off Market | |
0.09 | $164,900 | 4 | 2.5 | 2,072 | Recently Sold | |
0.10 | $99,000 | 3 | 1 | 1,779 | Recently Sold | |
0.11 | $128,500 | 4 | 2 | 2,302 | Recently Sold | |
0.10 | $105,000 | 2 | 1 | 1,372 | Off Market | |
0.12 | $95,000 | 3 | 2 | 1,330 | Recently Sold | |
0.10 | $93,000 | 2 | 2 | 960 | Off Market | |
0.10 | $94,000 | 2 | 1 | 975 | Off Market | |
0.15 | $50,000 | 2 | 1 | 945 | Recently Sold | |
0.15 | $150,900 | 3 | 2.5 | 1,800 | Recently Sold | |
0.14 | $89,900 | 2 | 1 | 1,260 | For Sale |
Local Information
- Map ViewExplore the area around 505 E 1st St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Single-Family Home
Built in 1932
816 sqft
About this House
This single-family home is located at 505 E 1st St, Fairmont, MN. 505 E 1st St is in Fairmont, MN and in ZIP code 56031. This property has 2 bedrooms, 1 bathroom and approximately 816 sqft of floor space. This property was built in 1932.
505 E 1st St, Fairmont, MN 56031 is a 2 bedroom, 1 bathroom, 816 sqft single-family home built in 1932. It last sold for $10,000 on May 15, 1992. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $886/month.
Home Details for 505 E 1st St
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Interior Details BasementNumber of Rooms: 6 |
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: WallHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: CompositionExterior: StuccoFoundation Type: Concrete Block |
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Year Built Year Built: 1932 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 15, 1992 Source: N/A | Sold | $10,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $606 | $39,900 |
Home facts updated by county records
Market trends in Fairmont
Last updated August 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
72
1MoM
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 505 E 1st St
- What is the price history for 505 E 1st St?505 E 1st St in Fairmont, MN last sold for $10,000 in May 1992.
- Is Fairmont a buyer's or seller's market?Fairmont is currently a buyer's 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.
- What are the closest schools to 505 E 1st St?The closest schools to 505 E 1st St in Fairmont, MN are Fairmont Elementary School (Pre-K, rated 3/10), Fairmont High School (Middle, rated 6/10).
- Does 505 E 1st St have air conditioning?Yes, 505 E 1st St in Fairmont, MN has air conditioning.
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