NOT LISTED FOR SALE

2118 242nd St Fergus Falls, MN 56537

Estimated Value: $251,000 - $590,121

0.58 Acre
$741,000 Price per Acre
25,265 Sq Ft Lot

Last Sold September 19, 2014

Last sale price $41,000

Est. 948% increase in value since last sale

Current estimated payment $2,403/month

486 Days on Market

About This Lot

As of September 2014

Large lake lot on the north end of Hoot Lake. This lot offers views of the lake and is suitable for a walkout home. Ready to build on. Newer homes on adjacent lots making this a desirable neighborhood. Terms possible.

Last Agent to Sell the Property

Scott Norton

Century 21 Vista, Inc. Listed on: 04/09/2013

Co-Listed By

John Olson

Century 21 Vista, Inc.

Last Buyer's Agent

Mike Houston

Century 21 Vista, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $694

Lot Details

  • 0.58 Acre Lot
  • 129 Feet of Waterfront
  • Sloped Lot
  • Building or Site Plan Approved

Listing and Financial Details

  • Assessor Parcel Number 71002991960000

Property Details

Property Type

Land

Est. Annual Taxes

$694

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Seasonal Recreational
  • Sub Type: Residential
  • Assessment Balance: 14782
  • Assessments: Yes
  • Parcel Number: 71002991960000
  • Projected Closed Date: 09/19/2014
  • Street Designation: Street
  • Taxes With Assessments: 694
  • Percentage Of Ownership: 100
  • Estimated Number of Acres: 0.58
  • Additional Information: Platted
  • Development Status: Site Plan Approved
  • Land Improvements: Paved
  • Topography: Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lake Class: Recreation Dvelopmnt
  • Waterfront Name: Hoot
  • Waterfront: Yes
  • Water Frontage: 129

Utilities

  • Available Utilities: City Water, City Sewer, Electric, Natural Gas
  • On Site Utilities: City Water, City Sewer, Electric, Natural Gas

Schools

  • School District: Fergus Falls #544

Lot Info

  • Estimated Lot Dimensions: 25,100 SF

Tax Info

  • Year: 2014
  • Tax Value: 694

MLS Schools

  • School District: Fergus Falls #544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2013
Closed on
Sep 16, 2014
Bought by
Chasco Kay
Seller's Agent
Scott Norton
Century 21 Vista, Inc.
Buyer's Agent
Mike Houston
Century 21 Vista, Inc.
List Price
$69,500
Sold Price
$41,000
Premium/Discount to List
-$28,500
-41.01%
Current Estimated Value
$429,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,780
Avg. Annual Appreciation
23.53%
Original Mortgage
$32,800
Outstanding Balance
$25,083
Interest Rate
4.11%
Estimated Equity
$404,697
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
Chasco Kay $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chasco Kay $32,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $41,000 -41.0% --
08/08/2014 08/08/14 Pending -- -- --
04/09/2013 04/09/13 For Sale $69,500 -- --
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 $1,786 $491,400 $135,900 $355,500
2024 $954 $144,500 $97,700 $46,800
2023 $968 $85,700 $85,700 $0
2022 $886 $96,800 $0 $0
2021 $710 $85,700 $85,700 $0
2020 $640 $57,000 $57,000 $0
2019 $590 $44,800 $44,800 $0
2018 $590 $44,800 $44,800 $0
2017 $738 $44,800 $44,800 $0
2016 $736 $57,100 $57,100 $0
2015 $724 $0 $0 $0
2014 -- $57,100 $57,100 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Scott Norton

    Century 21 Vista, Inc.

  • J

    Seller Co-Listing Agent in 2014

    John Olson

    Century 21 Vista, Inc.

  • M

    Buyer's Agent in 2014

    Mike Houston

    Century 21 Vista, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4461169

REALTOR® Association of Southern Minnesota

APN: 71002991960000

Minnesota Otter Tail County Fergus Falls 56537

2118 242nd St, Fergus Falls, MN

This home is located at 2118 242nd St, Fergus Falls, MN 56537 since 09 April 2013 and is currently estimated at $429,780. 2118 242nd St 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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