505 E  2nd St, Fairmont, MN 56031
OFF MARKET

505 E 2nd St
Fairmont, MN 56031

  • 3 Beds
  • 2 Baths
  • 1,120 sqft

$119,400

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $766/mo*

$119,400

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $766/mo*
3 Beds
2 Baths
1,120 sqft

Local Information

  • Map ViewExplore the area around 505 E 2nd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This single-family home is located at 505 E 2nd St, Fairmont, MN. 505 E 2nd St is in Fairmont, MN and in ZIP code 56031. This property has 3 bedrooms, 2 bathrooms and approximately 1,120 sqft of floor space. This property was built in 1912.
505 E 2nd St, Fairmont, MN 56031 is a 3 bedroom, 2 bathroom, 1,120 sqft single-family home built in 1912. It last sold for $47,000 on Jul 18, 2024. It is currently off market. The Trulia Estimate is $119,400, with a rent estimate of $1,116/month.

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 505 E 2nd St

Interior Features

Interior Details
BasementNumber of Rooms: 7
Heating & Cooling
Heating: Forced Air, OtherAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

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

Property Information

Year Built
Year Built: 1912
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Price History for 505 E 2nd St

DatePriceEventSource
07/18/2024$47,000Sold
N/A
05/27/2010$6,000Sold
N/A

Market trends in Fairmont

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
64
3
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$1,479
Assessment$100,400
Home facts updated by county records

Comparable Sales for 505 E 2nd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.21
Single-Family Home
$75,000
02/09/26
3
1.5
1,277
0.18
Single-Family Home
$95,000
12/08/25
3
2
1,330
0.15
Single-Family Home
$87,000
05/08/26
3
1.5
2,078
0.19
Single-Family Home
$67,000
02/18/26
3
1
1,249
0.21
Single-Family Home
$85,000
06/04/26
3
2
1,944
0.22
Single-Family Home
$110,000
05/15/26
3
2
1,344
0.21
Single-Family Home
$50,000
02/18/26
2
1
945
0.18
Single-Family Home
$123,700
05/29/26
3
2.5
1,330
0.26
Single-Family Home
$92,000
05/08/26
2
2
1,614
0.19
Single-Family Home
$60,000
10/15/25
2
1
780

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 505 E 2nd 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

Skip to last item
Skip to first item

Homes for sale near 505 E 2nd St

Skip to last item
Skip to first item

Off Market Homes Near 505 E 2nd St

Skip to last item
Skip to first item