NOT LISTED FOR SALE

216 Two Rivers Rd Fergus Falls, MN 56537

Estimated Value: $582,000 - $778,000

0.61 Acre
$1,141,846 Price per Acre
26,572 Sq Ft Lot

Last Sold September 03, 2013

Last sale price $49,900

Est. 1,296% increase in value since last sale

Current estimated payment $4,358/month

732 Days on Market

Highlights

  • 126 Feet of Waterfront
  • 0.61 Acre Lot
  • Level Lot
  • Beach Access
  • High Speed Internet

About This Lot

As of September 2013

''BEAUTIFUL LOT'' EASY RIVER ACCESS.LOCATED ON THE OTTER TAIL RIVER WITHIN THE CITY LIMITS OF FERGUS FALLS. COVENANTS AND RESTRICTIONS APPLY.

Last Agent to Sell the Property

Mark Stortroen

Otter Tail Real Estate Services Listed on: 07/28/2011

Co-Listed By

Cindy Thernell

Otter Tail Real Estate Services

Last Buyer's Agent

Mark Stortroen

Otter Tail Real Estate Services Listed on: 07/28/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,146

Lot Details

  • 0.61 Acre Lot
  • 126 Feet of Waterfront
  • Street terminates at a dead end
  • Level Lot
  • Few Trees
  • Finished Lot(s)

Outdoor Features

  • Beach Access

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 71003991798000

Property Details

Property Type

Land

Est. Annual Taxes

$8,146

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Residential
  • Assessment Balance: 8296.25
  • Parcel Number: 71003991798000
  • Projected Closed Date: 09/02/2013
  • Street Designation: Road
  • Taxes With Assessments: 504
  • Percentage Of Ownership: 100
  • Estimated Number of Acres: 0.61
  • Development Status: Finished Lot
  • Land Improvements: Dead End/No Outlet
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lake Class: River
  • Waterfront Name: Otter Tail River
  • Waterfront: Yes
  • Water Frontage: 126

Utilities

  • Available Utilities: Cable Tv, City Water, City Sewer, Electric, Natural Gas, City Garbage
  • On Site Utilities: Broadband, Cable Tv, City Water, City Sewer, Electric, Natural Gas, Storm Sewer

Schools

  • School District: Fergus Falls #544

Lot Info

  • Lot/Land Description: Accessible Shoreline, Tree Coverage - Light
  • Estimated Lot Dimensions: IRREGULAR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2011
Closed on
Sep 3, 2013
Sold by
Beltrand Donald Donald
Bought by
Narimani Ali and Fekete Lilla
Seller's Agent
Mark Stortroen
Otter Tail Real Estate Services
Buyer's Agent
Mark Stortroen
Otter Tail Real Estate Services
List Price
$54,900
Sold Price
$49,900
Premium/Discount to List
-$5,000
-9.11%
Current Estimated Value
$696,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,626
Avg. Annual Appreciation
24.29%
Original Mortgage
$39,900
Outstanding Balance
$29,783
Interest Rate
4.33%
Estimated Equity
$657,401
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
Narimani Ali $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narimani Ali $39,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2013 09/03/13 Sold $49,900 -9.1% --
07/29/2013 07/29/13 Pending -- -- --
07/28/2011 07/28/11 For Sale $54,900 -- --
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 $8,146 $667,000 $117,800 $549,200
2024 $7,892 $636,800 $102,500 $534,300
2023 $7,152 $570,400 $89,300 $481,100
2022 $6,266 $715,200 $0 $0
2021 $6,692 $570,400 $89,300 $481,100
2020 $6,346 $491,600 $40,600 $451,000
2019 $2,210 $172,500 $40,600 $131,900
2018 $462 $172,500 $40,600 $131,900
2017 $458 $27,500 $27,500 $0
2016 $526 $31,500 $31,500 $0
2015 $514 $0 $0 $0
2014 -- $31,500 $31,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3547283

REALTOR® Association of Southern Minnesota

APN: 71003991798000