507 E  5th St, Fairmont, MN 56031
Property image
Property image
OFF MARKET

$65,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,148 sqft

507 E 5th St, Fairmont, MN 56031

Est. Refi. Payment $469/mo*
Refinance Your Home
Currently Off Market - Sold Jan 20, 2006 for $42,000

Home Value

Trulia Estimate
$65.9K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 507 E 5th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.





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

Interior Features

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

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Shingle, WoodFoundation Type: Concrete BlockPorch
Parking & Garage
GarageParking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1914
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Lot Information

Lot Area: 3920 sqft

Price and Tax history

DateEventPrice
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

Market trends in Fairmont

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
73
2
MoM

Around this home

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

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.

Apartments for Rent

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Off Market Homes Near 507 E 5th St

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