$65,900
- 3 Beds
- 2 Baths
- 1,148 sqft
507 E 5th St, Fairmont, MN 56031
Est. Refi. Payment $469/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 20, 2006 for $42,000
Home Value
Trulia Estimate
$65.9KSince last month
Decreased$4K (-5.2%)Since last year
Decreased$3K (-3.9%)Since last sale
Increased$24K (+57.1%)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 +140% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $66K |
| August 2026 | $66K |
| July 2026 | $70K |
| June 2026 | $71K |
| May 2026 | $71K |
| April 2026 | $72K |
| March 2026 | $70K |
| February 2026 | $68K |
| January 2026 | $68K |
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 |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $75,000 | 02/09/26 | 3 | 1.5 | 1,277 | |
0.24 | Single-Family Home | $115,000 | 07/23/26 | 3 | 1.5 | 1,204 | |
0.19 | Single-Family Home | $40,000 | 09/12/25 | 2 | 1 | 696 | |
0.25 | Single-Family Home | $40,752 | 01/06/26 | 2 | 1 | 1,260 | |
0.29 | Single-Family Home | $87,000 | 05/08/26 | 3 | 1.5 | 2,078 | |
0.29 | Single-Family Home | $60,000 | 01/06/26 | 3 | 1 | 834 | |
0.36 | Single-Family Home | $95,000 | 12/08/25 | 3 | 2 | 1,330 | |
0.24 | Single-Family Home | $123,700 | 05/29/26 | 3 | 2.5 | 1,330 | |
0.34 | Single-Family Home | $67,000 | 02/18/26 | 3 | 1 | 1,249 | |
0.08 | Single-Family Home | $50,000 | 09/12/25 | 1 | 1 | 480 |
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 | $135,100 | 3 | 1.5 | 1,445 | Off Market | |
0.04 | $94,500 | 4 | 1.5 | 1,658 | Off Market | |
0.05 | $75,000 | 3 | 1.5 | 1,277 | Recently Sold | |
0.08 | $88,400 | 2 | 1 | 1,696 | Off Market | |
0.08 | $95,200 | 3 | 2 | 1,005 | Off Market | |
0.08 | $50,900 | 1 | 1 | 480 | Off Market | |
0.07 | - | Studio | 1 | - | Off Market | |
0.09 | - | 3 | 3 | 1,680 | Off Market | |
0.10 | $80,200 | 2 | 2 | 1,365 | Off Market | |
0.11 | $32,200 | 2 | 1 | 884 | Off Market | |
0.12 | $45,000 | 3 | 2 | 1,020 | For Sale | |
0.12 | $106,700 | 3 | 1 | 1,276 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1914
1,148 sqft
$57/sqft
Garage
About this House
Recently updated three story-house. Three bedrooms. One and a half baths. The master is located on the main floor the other two bedroom upstairs
kitchen updated with new flooring hardwood floors in the master bedroom and living room basment does have a built in shower. Newer windows along with updated wiring and plumbing.
kitchen updated with new flooring hardwood floors in the master bedroom and living room basment does have a built in shower. Newer windows along with updated wiring and plumbing.
507 E 5th St, Fairmont, MN 56031 is a 3 bedroom, 2 bathroom, 1,148 sqft single-family home built in 1914. It last sold for $42,000 on Jan 20, 2006. More recently, it was listed as a rental in March 2018 with an asking price of $700 per month. That rental listing was removed on March 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $65,900, with a rent estimate of $1,172/month.
Home Details for 507 E 5th St
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Interior Details BasementAtticNumber of Rooms: 3Types of Rooms: Dining Room, Family Room, Laundry Room, Pantry, WorkshopCeiling Fan |
Heating & Cooling Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 3Floors: Tile, Other, Linoleum Vinyl |
Appliances & Utilities Cable ReadyRefrigerator |
Windows, Doors, Floors & Walls Double Paned Windows |
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Exterior Home Features Roof: AsphaltExterior: Shingle, WoodFoundation Type: Concrete BlockPorch |
Parking & Garage GarageParking: Garage Attached, Garage Detached |
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Year Built Year Built: 1914 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Lot Area: 3920 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 24, 2021 Source: N/A | ListingRemoved | |
Mar 23, 2018 Source: N/A | ListingRemoved | $700 |
Mar 19, 2018 Source: N/A | Listed For Rent | $700 |
Jul 7, 2017 Source: Agent Provided | ListingRemoved | $37,872 |
Jun 6, 2017 Source: Agent Provided | Listed For Sale | $0 |
Jan 20, 2006 Source: N/A | Sold | $42,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $834 | $44,800 |
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 507 E 5th St
- What is 507 E 5th St estimated to be worth?Trulia's estimated value for 507 E 5th St in Fairmont, MN is $65,900.
- What is the price history for 507 E 5th St?507 E 5th St in Fairmont, MN last sold for $42,000 in January 2006.
- 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 507 E 5th St have air conditioning?Yes, 507 E 5th St in Fairmont, MN has air conditioning.
- Does 507 E 5th St have laundry facilities?Yes, 507 E 5th St in Fairmont, MN has laundry facilities.

