$82,900
- 3 Beds
- 1 Bath
- 1,620 sqft
514 E 2nd St, Fairmont, MN 56031
Est. Refi. Payment $585/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 13, 2015 for $24,000
Home Value
Trulia Estimate
$82.9KSince last month
Decreased$5K (-5.5%)Since last year
Increased$9K (+12%)Since last sale
Increased$60K (+249.6%)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 +108% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $84K |
| August 2026 | $83K |
| July 2026 | $89K |
| June 2026 | $91K |
| May 2026 | $91K |
| April 2026 | $88K |
| March 2026 | $88K |
| February 2026 | $86K |
| January 2026 | $84K |
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 |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $99,000 | 09/11/26 | 3 | 1 | 1,779 | |
0.15 | Single-Family Home | $67,000 | 02/18/26 | 3 | 1 | 1,249 | |
0.16 | Single-Family Home | $40,752 | 01/06/26 | 2 | 1 | 1,260 | |
0.18 | Single-Family Home | $50,000 | 02/18/26 | 2 | 1 | 945 | |
0.12 | Single-Family Home | $87,000 | 05/08/26 | 3 | 1.5 | 2,078 | |
0.19 | Single-Family Home | $85,000 | 07/21/26 | 2 | 1 | 875 | |
0.14 | Single-Family Home | $95,000 | 12/08/25 | 3 | 2 | 1,330 | |
0.58 | Single-Family Home | $20,000 | 12/18/25 | 2 | 1 | 912 | |
0.22 | Single-Family Home | $125,000 | 06/26/26 | 3 | 2 | 2,146 | |
0.16 | Single-Family Home | $115,000 | 07/23/26 | 3 | 1.5 | 1,204 |
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 | $93,000 | 2 | 2 | 960 | Off Market | |
0.07 | $93,700 | 2 | 1 | 975 | Off Market | |
0.09 | $124,300 | 2 | 1 | 884 | Off Market | |
0.08 | $80,700 | 2 | 1 | 1,065 | Off Market | |
0.10 | $104,300 | 2 | 1 | 1,372 | Off Market | |
0.12 | $87,000 | 3 | 1.5 | 2,078 | Recently Sold | |
0.10 | $164,900 | 4 | 2.5 | 2,072 | Recently Sold | |
0.14 | $91,500 | 2 | 1 | 1,218 | For Sale | |
0.11 | $99,000 | 3 | 1 | 1,779 | Recently Sold | |
0.15 | $76,200 | 4 | 1 | 2,344 | Off Market | |
0.16 | $105,800 | 4 | 1.5 | 1,962 | Off Market | |
0.16 | $115,000 | 3 | 1.5 | 1,204 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1920
1,620 sqft
$51/sqft
About this House
3 bedroom 1 bath home with updated kitchen. Open layout with a large dining room and living room. New shingles this year. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. To report any concerns with a listing broker/agent or to report any property condition or other concern needing escalation, including concerns related to a previously submitted offer or information on how to place an offer, please call: 1-877-617-5274.
514 E 2nd St, Fairmont, MN 56031 is a 3 bedroom, 1 bathroom, 1,620 sqft single-family home built in 1920. It last sold for $24,000 on Oct 13, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $82,900, with a rent estimate of $1,139/month.
Home Details for 514 E 2nd St
|
|---|
Interior Details BasementNumber of Rooms: 7 |
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
|
|---|
Exterior Home Features Roof: CompositionExterior: StuccoFoundation Type: Concrete Block |
|
|---|
Year Built Year Built: 1920 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
|
|---|
Lot Area: 4791 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 13, 2015 Source: N/A | Sold | $24,000 |
Oct 22, 2014 Source: N/A | Sold | $55,267 |
Oct 13, 2005 Source: N/A | Sold | $50,887 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $960 | $66,200 |
Home facts updated by county records
Market trends in Fairmont
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
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 514 E 2nd St
- What is 514 E 2nd St estimated to be worth?Trulia's estimated value for 514 E 2nd St in Fairmont, MN is $82,900.
- What is the price history for 514 E 2nd St?514 E 2nd St in Fairmont, MN last sold for $24,000 in October 2015.
- 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.
- Does 514 E 2nd St have air conditioning?Yes, 514 E 2nd St in Fairmont, MN has air conditioning.
- How big is the lot at 514 E 2nd St?The lot at 514 E 2nd St in Fairmont, MN is about 0.11 acres (4,791 sq ft).

