NOT LISTED FOR SALE

116 E Summit Ave Fergus Falls, MN 56537

Estimated Value: $171,000 - $177,266

-- Bed
-- Bath
1,375 Sq Ft
$127/Sq Ft Est. Value

About This Home

This home is located at 116 E Summit Ave, Fergus Falls, MN 56537 and is currently estimated at $174,567, approximately $126 per square foot. 116 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Corevis Investments Llc
Bought by
Atlas Homes Llc
Current Estimated Value
$174,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$79,047
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$92,140

Purchase Details

Closed on
Dec 13, 2018
Sold by
Nicholas Preston and Nicholas Amanda
Bought by
Preston Management Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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
Atlas Homes Llc $80,000 --
Preston Management Llc $500 West Ctrl Abstracting Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atlas Homes Llc $80,000
Source: Public Records

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 $2,590 $167,700 $9,800 $157,900
2024 $1,066 $161,600 $9,800 $151,800
2023 $1,258 $72,200 $9,800 $62,400
2022 $1,204 $125,800 $0 $0
2021 $1,198 $72,200 $9,800 $62,400
2020 $1,206 $62,800 $8,800 $54,000
2019 $1,186 $59,700 $8,800 $50,900
2018 $1,054 $59,700 $8,800 $50,900
2017 $1,098 $54,900 $7,700 $47,200
2016 $1,038 $56,100 $7,700 $48,400
2015 $1,052 $0 $0 $0
2014 -- $59,200 $7,700 $51,500
Source: Public Records

Map

Minnesota Otter Tail County Fergus Falls 56537

116 E Summit Ave, Fergus Falls, MN

This home is located at 116 E Summit Ave, Fergus Falls, MN 56537 and is currently estimated at $174,567, approximately $126 per square foot. 116 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.

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