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1522 Falcon Dr, Fairmont, MN, 56031

2beds
2baths
1,252sqft
$152,000
$121price/sqft
$1,245/moest. monthly cost
$49,800/yrincome needed

About This Home

Enjoy the ease and convenience of main-floor living in this well-maintained 2-bedroom, 1.25-bath home. The functional floor plan features an inviting living room and dining room combination, an eat-in kitchen, and a dedicated laundry room. Relax year-round in the bright sunroom or unwind in the screened-in porch overlooking the yard. Additional highlights include a single attached garage and two spacious storage sheds, providing plenty of room for tools, hobbies, and outdoor equipment. Conveniently located near clinics, grocery stores, schools, and other everyday amenities, this property offers comfortable living in a desirable location. A wonderful opportunity for those seeking the simplicity and accessibility of one-level living.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

3/10
6/10
Fairmont High SchoolGrades 7-120.3 mi

Construction

Condition

  • Year built: 1990

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: None

Bedroom

  • Level: Main
  • Area: 132
  • Dimensions: 11 x 12

Bedroom2

  • Level: Main
  • Area: 132
  • Dimensions: 11 x 12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 105
  • Dimensions: 15 x 7

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,252

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,252
  • Total interior livable area: 1,252 sqft

Kitchen

  • Level: Main
  • Area: 105
  • Dimensions: 15 x 7

Laundry

  • Level: Main
  • Area: 55
  • Dimensions: 11 x 5

Living Room

  • Level: Main
  • Area: 135
  • Dimensions: 15 x 9

Screened Porch

  • Level: Main
  • Area: 99
  • Dimensions: 11 x 9

Sun Room

  • Level: Main
  • Area: 96
  • Dimensions: 12 x 8

Property

Accessibility

  • Accessibility features: Doors 36"+,Grab Bars In Bathroom,No Stairs Internal

Details

  • Parcel number: 232210010
  • Zoning description: Residential-Single Family
  • Foundation area: 1600

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Screened

Lot

  • Lot size: 0.30 Acres
  • Lot size dimensions: 83 x 123

Parking

  • Total spaces: 1
  • Parking features: Attached,Concrete,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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
  • Winter Weather
    Winter WeatherVery High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Strong Wind
Tornado
Hail
Heat Wave
Inland Flooding
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 $768$9,216
Home Insurance *$152$1,824
Property Taxes $155$1,860
Electricity $170$2,050
Total$1,245$14,940
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,685/yr
40% on housing$37,350/yr
45% on housing$33,200/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

$121This listing

vs Other Active Listings

Avg $/sqft

ZIP 56031$122
Martin County$102

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
2026-06-21Listed for sale$152,000

For Sale by Agent

AgentJulie Liljenquist
BrokerageEdina Realty

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