NOT LISTED FOR SALE

121 E Summit Ave Fergus Falls, MN 56537

Estimated Value: $61,000 - $144,572

4 Beds
2 Baths
1,312 Sq Ft
$89/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $36,000 $27 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $747/month

107 Days on Market

About This Home

As of September 2023

Potential is here if you don't mind the work. This 4 bedroom, 2 bath home is in need of cleaning and renovation. It has maple floors and a lot of wood work. Prices 50% below tax value. Contractor labor needs to be used to make it inhabitable and from there on, a homeowner can do the cosmetic touches one they are able to live there. It will probably not qualify for bank financing.

Last Agent to Sell the Property

Laura Johnson

Trilogy Real Estate Listed on: 05/08/2023

Last Buyer's Agent

Laura Johnson

Trilogy Real Estate Listed on: 05/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1930

Lot Details

  • 4,095 Sq Ft Lot
  • Lot Dimensions are 50x82

Parking

  • 1 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • North Div Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71002990787000

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1012
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Living Area: 1312
  • Fireplace: No
  • Below Grade Finished Sq Ft: 300
  • Basement YN: Yes
  • SqFtTotal: 1312.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 240

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Fergus Falls
  • SchoolDistrictNumber: 544
  • SchoolDistrictPhone: 218-998-0544

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x82
  • Lot Size Sq Ft: 4094.64
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 71002990787000
  • Tax Annual Amount: 840
  • TaxWithAssessments: 910.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Sep 6, 2023
Sold by
Zierden Daniel and Zierden Tanya
Bought by
Dutchmen Enterprises Llc
Seller's Agent
Laura Johnson
Trilogy Real Estate
Buyer's Agent
Laura Johnson
Trilogy Real Estate
List Price
$40,000
Sold Price
$36,000
Premium/Discount to List
-$4,000
-10%
Views
352
Current Estimated Value
$117,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,393
Avg. Annual Appreciation
83.00%

Purchase Details

Closed on
Jun 22, 2022
Sold by
Onnao Properties Llc
Bought by
Zierden Daniel
Source: Public Records

Range of Values:

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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
Dutchmen Enterprises Llc $36,000 --
Zierden Daniel $16,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $36,000 -10.0% $27 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $40,000 0.0% $30 / Sq Ft
08/05/2023 08/05/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $40,000 0.0% $30 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $40,000 -- $30 / Sq Ft
Source: NorthstarMLS

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 $1,340 $110,300 $10,200 $100,100
2024 $1,340 $106,200 $10,200 $96,000
2023 $1,082 $83,000 $10,200 $72,800
2022 $910 $108,200 $0 $0
2021 $838 $83,000 $10,200 $72,800
2020 $832 $57,000 $8,200 $48,800
2019 $808 $52,900 $8,200 $44,700
2018 $716 $52,900 $8,200 $44,700
2017 $762 $48,100 $7,100 $41,000
2016 $726 $50,000 $7,100 $42,900
2015 $698 $0 $0 $0
2014 -- $49,700 $7,100 $42,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6366671

NorthstarMLS

APN: 71002990787000