NOT LISTED FOR SALE

1002 E Summit Ave Fergus Falls, MN 56537

Estimated Value: $211,000 - $280,729

2 Beds
2 Baths
1,220 Sq Ft
$201/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $119,000 $98 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,512/month

42 Days on Market

Highlights

  • 130 Feet of Waterfront
  • 1.3 Acre Lot
  • Wood Flooring
  • Docks
  • Deck
  • 1 Car Detached Garage

About This Home

As of July 2013

Location, location, location! This 2 BR, 2 bath home sits on 1.3 A, on the Otter Tail River w/300' frtg. Property has been remodeled to include new hickory cabinets, counter tops, flooring, fixtures, solid 6 panel doors, new windows. New plumbing/PVC drains. Sit on the deck & enjoy the deer, geese, eagles or fish from your own private dock. Close to schools. Priced to sell at $124,900.

Last Agent to Sell the Property

Amy Nathe

Century 21 Vista, Inc. Listed on: 04/19/2013

Last Buyer's Agent

Alan Olson

Century 21 Vista, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,002

Year Built

  • Built in 1952

Lot Details

  • 1.3 Acre Lot
  • 130 Feet of Waterfront

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Fiberglass Roof
  • Steel Siding

Interior Spaces

  • 1,220 Sq Ft Home
  • Wood Flooring

Kitchen

  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Docks
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 71002500117002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,002

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Hardwood Floors
  • Amenities Exterior: Deck, Dock
  • Estimated Number of Acres: 1.3
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 71002500117002
  • Projected Closed Date: 06/07/2013
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1044
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Master, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bathrooms: 2
  • Room 2: Bedroom, 10x14, On Level: Upper
  • Room 6: Family Room, 8x10, On Level: Upper
  • Room 9: Kitchen, 19.7x17, On Level: Main
  • Room 12: Living Room, 11.5x19, On Level: Main
  • Room 13: Master Bedroom, 10.5x11.5, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1220
  • Total Square Footage: 1220

Exterior Features

  • Frontage Road: City
  • Lake Class: River
  • Waterfront Name: Otter Tail River
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Roof: Fiberglass Shingles
  • Waterfront: Yes
  • Water Frontage: 130

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Fergus Falls #544

Lot Info

  • Estimated Lot Dimensions: 1.3 acres

Building Info

  • Year Built: 1952

Tax Info

  • Year: 2013
  • Tax Value: 1001.5

MLS Schools

  • School District: Fergus Falls #544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2019
Sold by
Kreklau Caleb C
Bought by
Walls Michael L and Walls Ciara R
Current Estimated Value
$244,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Outstanding Balance
$104,900
Interest Rate
3.73%
Mortgage Type
Construction
Estimated Equity
$140,032

Purchase Details

Listed on
Apr 19, 2013
Closed on
Jul 12, 2013
Sold by
Wolfe Thomas Thomas
Bought by
Kreklau Caleb
Seller's Agent
Amy Nathe
Century 21 Vista, Inc.
Buyer's Agent
Alan Olson
Century 21 Vista, Inc.
List Price
$124,900
Sold Price
$119,000
Premium/Discount to List
-$5,900
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$119,000
Interest Rate
3.83%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Walls Michael L $126,000 Nf Field Abstract Co
Kreklau Caleb $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walls Michael L $119,700
Previous Owner Kreklau Caleb $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2013 07/12/13 Sold $119,000 -4.7% $98 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $124,900 -- $102 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,600 $272,200 $140,300 $131,900
2024 $2,522 $231,100 $122,700 $108,400
2023 $2,302 $201,100 $107,000 $94,100
2022 $1,712 $230,200 $0 $0
2021 $1,384 $201,100 $107,000 $94,100
2020 $1,402 $120,600 $49,300 $71,300
2019 $1,360 $116,200 $51,200 $65,000
2018 $1,092 $116,200 $51,200 $65,000
2017 $1,086 $100,800 $41,200 $59,600
2016 $1,108 $102,700 $47,000 $55,700
2015 $1,064 $0 $0 $0
2014 -- $102,000 $47,000 $55,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Amy Nathe

    Century 21 Vista, Inc.

  • A

    Buyer's Agent in 2013

    Alan Olson

    Century 21 Vista, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4465183

REALTOR® Association of Southern Minnesota

APN: 71002500117002

Minnesota Otter Tail County Fergus Falls 56537

1002 E Summit Ave, Fergus Falls, MN

This home is located at 1002 E Summit Ave, Fergus Falls, MN 56537 since 19 April 2013 and is currently estimated at $244,932, approximately $200 per square foot. This property was built in 1952. 1002 E Summit Ave is a home located in Otter Tail County with nearby schools including McKinley Elementary School, Cleveland Elementary School, and Adams Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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