NOT LISTED FOR SALE

408 E Gustavus Ave Fergus Falls, MN 56537

Estimated Value: $179,000 - $189,000

3 Beds
1 Bath
1,008 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 18, 2015

Last sale price $59,000 $59 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $1,108/month

22 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Bathroom on Main Level

About This Home

As of March 2015

Nice home located close to downtown and all the amenities, don't blink you might miss out on this home. This home has 3 bedrooms, 1 bathroom, kitchen, dining, and living room on the main level and a full basement ready to finish just the way you like it. The yard is nice sized too. This is a hud owned home and is sold as is. It is managed by mmrem for more information visit hud home store case number 277-001399.

Last Agent to Sell the Property

Robin Ecker

Real Estate Results Listed on: 02/10/2015

Last Buyer's Agent

Melissa Schoon

Century 21 Vista, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • 1956

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 62x150

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 71001990749002

Home Details

Home Type

Single Family

Year Built

1956

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.21
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 71001990749002
  • Remodeled Addition: Yes
  • Stories: 1 Story
  • Street Designation: Avenue
  • Percentage Of Ownership: 100
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Bedroom, xxx, On Level: Main
  • Room 2: Bedroom, xxx, On Level: Main
  • Room 3: Bedroom, xxx, On Level: Main
  • Room 9: Kitchen, xxx, On Level: Main
  • Room 12: Living Room, xxx, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1008
  • Total Square Footage: 1008

Exterior Features

  • Frontage Road: Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Oil
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 62x150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2015
Closed on
Mar 18, 2015
Bought by
Mayer Paul and Madsen Nicole
Seller's Agent
Robin Ecker
Real Estate Results
Buyer's Agent
Melissa Schoon
Century 21 Vista, Inc.
List Price
$65,000
Sold Price
$59,000
Premium/Discount to List
-$6,000
-9.23%
Current Estimated Value
$183,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,669
Avg. Annual Appreciation
11.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mayer Paul $59,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2015 03/18/15 Sold $59,000 -9.2% $59 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $65,000 -- $64 / Sq Ft
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 $1,792 $150,500 $15,500 $135,000
2024 $1,684 $141,300 $15,500 $125,800
2023 $1,602 $126,100 $15,500 $110,600
2022 $1,558 $160,200 $0 $0
2021 $1,486 $126,100 $15,500 $110,600
2020 $1,470 $105,100 $14,400 $90,700
2019 $1,416 $96,400 $14,400 $82,000
2018 $1,254 $96,400 $14,400 $82,000
2017 $1,228 $87,400 $12,500 $74,900
2016 $1,160 $81,700 $12,500 $69,200
2015 $1,110 $0 $0 $0
2014 -- $80,500 $12,500 $68,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robin Ecker

    Real Estate Results

  • M

    Buyer's Agent in 2015

    Melissa Schoon

    Century 21 Vista, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4715777

REALTOR® Association of Southern Minnesota

APN: 71001990749002

Minnesota Otter Tail County Fergus Falls 56537

408 E Gustavus Ave, Fergus Falls, MN

Not Listed for Sale

Detached

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