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616 N Dewey St, Fairmont, MN, 56031

1beds
1baths
1,373sqft
$69,900
$51price/sqft
$682/moest. monthly cost
$27,280/yrincome needed

About This Home

This home sits on a large, mature lot with lots of possibilities! The main floor features a spacious kitchen, living room, and large bathroom. The upper level features one bedroom and a landing that could be used for an office space or additional storage.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

3/10
6/10
Fairmont High SchoolGrades 7-121.5 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1905

Materials

  • Roof: Asphalt
  • Construction materials: Frame/Wood,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: Washer/Dryer Hookups

Basement

  • Has basement: Yes
  • Basement: Block,Full

Bedroom

  • Level: Upper
  • Area: 196

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Combine with Kitchen

Features

  • Eat-In Kitchen,Bath Description: Main Floor Full Bath
  • Finished area below ground: 0
  • Finished area above ground: 803

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 803
  • Total interior livable area: 1,373 sqft

Kitchen

  • Level: Main
  • Area: 208

Living Room

  • Level: Main
  • Area: 210

Property

Details

  • Parcel number: 231450060
  • Foundation area: 645

Features

  • Levels: 1.25 - 1.75 Story
  • Stories: 1

Lot

  • Lot size: 0.64 Acres
  • Features: Tree Coverage - Medium
  • Lot size dimensions: 106 x 264

Parking

  • Total spaces: 1
  • Parking features: Gravel,RV Access/Parking,Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Winter Weather
Hail
Heat Wave
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters in Martin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $353$4,236
Home Insurance *$70$840
Property Taxes $89$1,068
Electricity $170$2,050
Total$682$8,184
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,382/yr
40% on housing$20,460/yr
45% on housing$18,186/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.1%
11.1%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$51This listing

vs Other Active Listings

Avg $/sqft

ZIP 56031$124
Martin County$103

vs Homes Sold Last Month

Median $/sqft

ZIP 56031$113
Martin County$120

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Listed for sale$69,900
2024-01-05Listing removed--
2023-09-07Listed for sale$69,000
2019-02-06Listing removed$650
2019-01-10Price change$650
2018-10-26Listed for rent$800
2018-04-26Listing removed$800
2018-04-10Listed for rent$800
2017-12-21Sold$33,000
2017-12-11Pending sale$35,000
2017-11-16Listed for sale$35,000
2016-05-31Sold$23,600
2016-04-27Pending sale$23,600
2016-04-19Price change$23,600
2016-04-06Listed for sale$29,900

For Sale by Agent

AgentCLARK DIEL
BrokerageAction Realty

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