503 Water Street, Fairmont, MN 56031 (MLS# 7047557)

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Waterfront Present: No
Year Built: 1960
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 575
Above Grd Total SqFt: 1368
Below Grd Total SqFt: 600
Total SqFt: 1968
Total Finished Sqft: 1893.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 600
Garage Stalls: 3
Lot Dimensions: .244
Acres: 0.24
Assessment Pending: No
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Dishwasher; Microwave; Range; Refrigerator Assumable Loan: Not Assumable Basement: Concrete Block; Partially Finished; Storage Space Bath Description: Upper Level Full Bath; 3/4 Basement Construction Status: Previously Owned Dining Room Description: Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Electric: Circuit Breakers Exterior: Metal Family Room Characteristics: Lower Level Fencing: Partial Fireplace Characteristics: Gas Burning; Wood Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Laundry: Electric Dryer Hookup; Laundry Room; Lower Level; Washer Hookup Lock Box Type: SentriLock Lot Description: Tree Coverage - Medium Parking Characteristics: Tuckunder Garage Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; Rural Development; VA Sewer: City Sewer/Connected Special Search: 3 BR on One Level Stories: Three Level Split Water: City Water/Connected

Contract Information

Contingency: Inspection
Original List Price: 299000
ListPrice: 299000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 503
Street Name: Water
Street Suffix: Street
Postal City: Fairmont
County: Martin
State: MN
Zip Code: 56031
Complex/Dev/Subdivision: Krahmers

Assessments

Tax With Assessments: 1210
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1368
Finished SqFt Below Ground: 525

More Information

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: WCAR
SentriLock: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 27x29
Garage Square Feet: 783
Tuckunder Garage: Yes

Office/Member Info

Association: WCAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: KRAHMERS LOT-005 BLOCK-001
Listing City: Fairmont
Map Page: 999
Municipality: Fairmont
School District: Fairmont Area Schools
School District Phone: 507-238-4234
Zip Plus 4: 4363
Property ID Number: 231600050
Tax Year: 2025
Tax Amount: 1210
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Move-in ready and packed with updates, this multi-level split home is one you won’t want to miss! The main floor features new LVP flooring, while the upper level offers new carpet throughout. The kitchen has been refreshed with newer countertops and fresh cabinet pulls along with appliances, creating a clean and updated feel. You’ll also appreciate the newer windows throughout most of the home, with the exception of the large living room picture window. All three bedrooms are conveniently located on the upper level along with a full bath. On the lower level, you’ll find a mudroom, a 3/4 bath, the basement has a large family room and an additional room that could easily become a 4th bedroom with the addition of an egress window. New LED lighting brightens the living room, and the garage space is a standout with both a tuck-under garage and an impressive 27x29 detached garage with electric in-floor heat.
Directions: Head South on S Prairie until you come to water Street, turn East onto water and the house is mid block.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes
Partially Finished: Yes
Storage Space: Yes

Bath Description

Upper Level Full Bath: Yes
3/4 Basement: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Informal Dining Room: Yes
Kitchen/Dining Room: Yes
Living/Dining Room: Yes

Electric

Circuit Breakers: Yes

Exterior

Metal: Yes

Family Room Characteristics

Lower Level: Yes

Fencing

Partial: Yes

Fireplace Characteristics

Gas Burning: Yes
Wood Burning: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Electric Dryer Hookup: Yes
Laundry Room: Yes
Lower Level: Yes
Washer Hookup: Yes

Lot Description

Tree Coverage - Medium: Yes

Patio, Porch and Deck Features

Patio: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Storm Sewer: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Rural Development: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Special Search

3 BR on One Level: Yes

Stories

Three Level Split: Yes

Water

City Water/Connected: Yes

Room Information

Bathroom Dimensions: 8x9 Level: Upper Bathroom Dimensions: 5x7 Level: Lower Bonus Room Dimensions: 14x11 Level: Lower Dining Room Dimensions: 11x8 Level: Main Family Room Dimensions: 25x13 Level: Lower First (1st) Bedroom Dimensions: 9x11 Level: Upper Kitchen Dimensions: 13x11 Level: Main Laundry Dimensions: 12x20 Level: Lower Living Room Dimensions: 25x13 Level: Main Second (2nd) Bedroom Dimensions: 11x11 Level: Upper Third (3rd) Bedroom Dimensions: 11x13 Level: Upper