NOT LISTED FOR SALE

1418 Somerset Rd Fergus Falls, MN 56537

Estimated Value: $181,000 - $222,000

3 Beds
1 Bath
1,489 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $45,000 $30 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $1,129/month

189 Days on Market

Highlights

  • 47,437 Sq Ft lot
  • Home Office
  • Entrance Foyer
  • No HOA
  • Porch
  • Forced Air Heating System

About This Home

As of December 2022

Create your ideal home by adding your own style and creative designs to this classic 2+ bedroom, 1 bath home on a large 1 acre secluded lot in a desirable neighborhood close to the YMCA in Fergus Falls. This home features a spacious country kitchen, formal dining room, sun-filled living room, main floor laundry, upper level bedrooms and office, huge yard with mature trees and large garden area, single-stall detached garage, natural gas forced air heat, shared driveway, private septic system and city water. This property is loaded with potential for anyone wanting privacy and the convenience of living in town.

Last Agent to Sell the Property

Ryan Hanson

Keller Williams Realty Professionals Listed on: 05/25/2022

Keller Williams Realty Professionals

Last Buyer's Agent

Lynette Bjorgaard

Trilogy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $512

Year Built

  • Built in 1898

Lot Details

  • 1.09

Parking

  • 1 Car Garage

Interior Spaces

  • 1,489 Sq Ft Home
  • 1.5-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Home Office
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Additional Features

  • Porch
  • 1.09 Acre Lot

Community Details

  • No Home Owners Association
  • Dahl & Kallings Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71002990547001

Home Details

Home Type

Single Family

Est. Annual Taxes

$512

Year Built

Built in 1898

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1898
  • Above Grade Finished Sq Ft: 1489
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Partial, Concrete, Unfinished
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Living Room, Wood Burning Stove
  • Living Area: 1489
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Laundry, Foyer, Office, Porch
  • SqFtTotal: 1489.00

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 336

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: Private Sewer
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Porch

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1.089 acres
  • Lot Size Sq Ft: 47436.84
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 71002990547001
  • Tax Annual Amount: 512
  • TaxWithAssessments: 636.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Dec 30, 2022
Sold by
Mcmillian Rebeccah and Kasper Caleb
Bought by
Zahnow Levi and Zahnow Caitlynn
Seller's Agent
Ryan Hanson
Keller Williams Realty Professionals
Buyer's Agent
Lynette Bjorgaard
Trilogy Real Estate
List Price
$99,900
Sold Price
$45,000
Premium/Discount to List
-$54,900
-54.95%
Current Estimated Value
$195,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,107
Avg. Annual Appreciation
71.18%
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
Zahnow Levi $45,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $45,000 -23.7% $30 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $59,000 -14.5% $40 / Sq Ft
09/30/2022 09/30/22 Price Changed $69,000 -23.2% $46 / Sq Ft
07/14/2022 07/14/22 Price Changed $89,900 -10.0% $60 / Sq Ft
05/24/2022 05/24/22 For Sale $99,900 -- $67 / 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 $794 $152,400 $23,100 $129,300
2024 $794 $133,000 $23,100 $109,900
2023 $646 $66,700 $23,000 $43,700
2022 $636 $64,600 $0 $0
2021 $624 $66,700 $23,000 $43,700
2020 $628 $58,300 $22,800 $35,500
2019 $620 $56,300 $22,800 $33,500
2018 $558 $56,300 $22,800 $33,500
2017 $580 $53,500 $22,800 $30,700
2016 $476 $46,100 $22,800 $23,300
2015 $528 $0 $0 $0
2014 -- $53,300 $22,800 $30,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6200878

NorthstarMLS

APN: 71002990547001