NOT LISTED FOR SALE

1502 Terrace Dr Fergus Falls, MN 56537

Estimated Value: $267,000 - $288,000

4 Beds
3 Baths
1,976 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2025

Last sale price $274,000 $139 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,647 / mo

2 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • Stainless Steel Appliances
  • Laundry Room
  • Dining Room

About This Home

As of July 2025

This beautifully updated 4-bedroom, 3-bathroom home is tucked into a quiet east-side neighborhood. Built in the 1970s, the home features a classic earth-toned exterior with eye-catching brick accents and a convenient tuck-under two-stall garage. Inside, the bright and spacious upper-level family room is filled with natural light from a wall of windows, creating a warm, welcoming atmosphere. The open dining area leads into a refreshed eat-in kitchen equipped with stainless steel appliances, updated wood cabinetry, contrasting countertops, and a built-in pantry. Charming solid wood built-ins add both character and functionality. Step out onto the composite deck overlooking a semi-private backyard—ideal for morning coffee or evening gatherings. The upper level also includes a generous primary suite with a private full bath, two additional bedrooms, and another full bathroom. The lower level offers even more living space, including a cozy family room with a brick fireplace, a fourth bedroom, a combined laundry room and three-quarter bath, plus extra storage and garage access. Conveniently located near Red Sox Park, the YMCA, and just minutes from Highway 1 with quick access to area lakes. Don’t miss your opportunity—schedule a showing today!

Last Agent to Sell the Property

Andrew Yaggie

Andrew Yaggie Real Estate Listed on: 06/18/2025

Last Buyer's Agent

Amanda Armstrong

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1976

Lot Details

  • 13,634 Sq Ft Lot
  • Lot Dimensions are 91x150

Parking

  • 2 Car Garage
  • Tuck Under Garage

Home Design

  • Bi-Level Home
  • Steel Siding

Interior Spaces

  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Finished Basement
  • Block Basement Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Dahl & Kallings Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71002990539001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,901

Year Built

Built in 1976

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 1300
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Brick, Family Room, Wood Burning
  • Living Area: 1976
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 676
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom, Primary Bathroom, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Composite Decking,Deck

Garage/Parking

  • Parking Features: Concrete, Tuckunder Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Ottertail Power

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 91x150
  • Lot Size Sq Ft: 13634.28
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 71002990539001
  • Tax Annual Amount: 1901
  • TaxWithAssessments: 1986.0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2025
Closed on
Jul 17, 2025
Sold by
Bought by
Seller's Agent
Andrew Yaggie
Andrew Yaggie Real Estate
Buyer's Agent
Amanda Armstrong
RE/MAX Advantage Plus
List Price
$279,000
Sold Price
$274,000
Premium/Discount to List
-$5,000
-1.79%
Views
8
Current Estimated Value
$275,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,759
Avg. Annual Appreciation
0.66%

Purchase Details

Closed on
Mar 29, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$274,000 --
$200,000 Affinity Plus Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $160,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/17/2025 07/17/25 Sold $274,000 -1.8% $139 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/18/2025 06/18/25 For Sale $279,000 -- $141 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,986 $188,400 $18,300 $170,100
2024 $2,044 $184,000 $18,300 $165,700
2023 $1,932 $172,800 $18,300 $154,500
2022 $1,814 $193,200 $0 $0
2021 $2,102 $172,800 $18,300 $154,500
2020 $2,050 $169,900 $16,800 $153,100
2019 $1,952 $155,400 $16,800 $138,600
2018 $1,716 $155,400 $16,800 $138,600
2017 $1,686 $142,900 $14,600 $128,300
2016 $1,488 $128,400 $14,600 $113,800
2015 $1,408 $0 $0 $0
2014 -- $126,200 $14,600 $111,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6740225

NorthstarMLS

APN: 71002990539001

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