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$99,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,506 Sq. Ft.
  • 2 Car Garage
  • Updated 12 hours ago
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Charming 1920s two-story home offering approximately 1,484 square feet of living space on a corner lot in Fairmont. This 3-bedroom, 2-bathroom property features a spacious layout with a living room, dining area, kitchen, family room, and additional sitting room on the main level, plus three bedrooms and a full bath upstairs. The home includes original character with wood accents and a functional floor plan, along with a full basement providing extra storage space.

Full Property Details for 701 E 1st St

General

  • Price: $99,000
  • Taxes: $895 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7049080
  • Updated: 4/6/2026
  • Added to Site: 4 day(s) ago

Interior

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Dining Room: Living/Dining Room
  • Formal Dining Room: Living/Dining Room
  • Laundry: In Basement, In Basement

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Martin
  • Township: Fairmont
  • Subdivision: Goulds
  • Driving Directions: Head South on State St N and turn right onto 1st St E, home is on the North side of the street.

School Information

  • School District: 1239 - Fairmont Area Schools
  • High School District: Fairmont Area Schools

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Block, Unfinished
  • Foundation Size: 572
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 1,506
  • Above Ground: 934 Sq. Ft.
  • Below Ground: 572 Sq. Ft.
  • Finished Down/Base.: 1,506 Sq. Ft.
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Dimensions: 50 x 132
  • Zoning: Residential-Single Family
  • Lot Description: Corner Lot

Financial Considerations

  • Tax Amount: $895
  • Tax Year: 2025
  • Terms: Conventional Rehab, Conventional, FHA 203(k), Cash

Disclosures and Reports

  • Legal Description: GOULD'S W50' OF LOTS 6 & 7 & W50' OF S20' OF LOT 8 BLK 8
  • Property ID: 231220420

Listed by True Real Estate

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— 701 E 1st St —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 701 E 1st St

School District:Fairmont Area School District
NameGradesDistance
Fairmont Elementary School
714 Victoria Street, Fairmont, MN 56031
PK-60.5 mi
Fairmont High School
900 Johnson Street, Fairmont, MN 56031
7-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 701 E 1st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/03/2026
Listed
$99,000
120%
MLS
7/03/2019
Sold
$45,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 701 E 1st St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$964
40%
$99,200
—
2023
$688
-8%
$99,400
34%
2022
$750
18%
$74,400
-3%
2021
$638
18%
$76,400
28%
2020
$542
—
$59,900
—
2019
$542
26%
$59,900
61%
2018
$430
17%
$37,200
51%
2017
$368
-7%
$24,700
-10%
2015
$394
—
$27,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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701 E 1st Street, Fairmont, MN 56031 (MLS# 7049080) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 701 E 1st Street is currently listed for $99,000 and was received on April 03, 2026. Want to learn more about 701 E 1st Street? Do you have questions about finding other Single Family real estate for sale in Fairmont? You can browse all Fairmont real estate or contact a Coldwell Banker agent to request more information.

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