Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $3,092 (2026).

What school district is this property in?

This property is in the 2752 - Fairmont Area Schools school district.

How long has this property been on the market?

This property has been listed for 105 days.

Listed at

$314,000

$126/sqft

Wollastons

966 Albion Avenue, Fairmont, MN, 56031

4 Bedrooms2 Bathrooms2,498 Square Feet0.134 Acres

Days on market105

Year built1926

ParkingConcrete

TypeResidential

Est. $6,420buyer credit when you buy with SODL

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About this home

Welcome to the "Yellow Door Cottage". This quaint home overlooks beautiful Budd Lake! Enjoy your morning coffee on the freshly stained deck or unwind while watching stunning sunsets. Inside, the bright main floor flows seamlessly. Lake views from the living room, into the dining room and kitchen. The primary bedroom and full bathroom are located on the main floor, while three additional bedrooms are tucked upstairs. Downstairs, the finished basement allows for even more space with a cozy second living area, laundry, ¾ bath, and plenty of storage. The basement is also a walk-out. Best of all, this home is fully furnished---Ready for you to move right in and start enjoying lake life!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1926

LevelsOne and One Half

Living area2,498 sqft

Above-grade finished1,502 sqft

Below-grade finished996 sqft

Lot size0.134 acres (0.134 Acres)

Days on market105

ListedMar 9, 2026

MLS #NST7033376

CountyMartin

SubdivisionWollastons

Parcel #232700310

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 1 full / 1 3/4
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories: One and One Half
Parking features: Concrete
Patio & porch: Deck, Enclosed
Exterior features: Stucco
Pool: None
Fencing: None

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 996 sqft
Roof: Asphalt
Year built: 1926

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Community & HOA

Subdivision: Wollastons
HOA: No HOA
School district: 2752 - Fairmont Area Schools
High school district: Fairmont Area Schools

Financial & listing details

Annual tax: $3,092 (2026)
Tax with assessments: 2548
Listed: Mar 9, 2026
Days on market: 105 · 113 cumulative
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths1

Half baths0

1/4 baths0

BasementEgress Window(s), Finished

HeatingForced Air

CoolingCentral Air

LaundryIn Basement

AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

DiningKitchen/Dining Room

AccessibilityNone

Special features3 BR on One Level, Main Floor Primary

Exterior & lot

ExteriorStucco

RoofAsphalt

FoundationBlock

Foundation area996 sqft

Patio/porchDeck, Enclosed

Lot featuresAccessible Shoreline, Tree Coverage - Heavy

Road frontageCity Street, Curbs, Street Lights

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingConcrete

Garage spaces0

Financial details

Annual taxes$3,092

Tax year2026

Taxes w/ assessments2548

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District2752 - Fairmont Area Schools

District number2752

District phone5072384234

High schoolFairmont Area Schools

SODL flat fee brokerage

$6,420Estimated buyer credit

SODL platform fee $3,000Your buyer credit $6,420

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,013/mo

Principal & interest$1,650

Property taxes$258

Home insurance (est.)$105

Down payment

$62,800

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.