NOT LISTED FOR SALE

414 E Cedar Ave Fergus Falls, MN 56537

-- Bed
-- Bath
-- Sq Ft
-- Built

Last Sold June 28, 2013

Last sale price $392,000

9 Days on Market

About This Home

As of June 2013

Income opportunity for 2 6 unit apartments which are HRA Approved. Historically there has been 90% occupancy. The annual income at 100% occupancy is $73,800. There are 4 garage stalls and 4 parking spaces on the property. The above square footage is a per building number. Appliances currently in units are included.

Last Agent to Sell the Property

Ron Spangler

Spangler Real Estate Partners Listed on: 06/03/2013

Last Buyer's Agent

Bruce Fuhrman

RE/MAX Signature Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,940

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Rubber Roof

Parking

  • 8 Car Detached Garage
  • Driveway

Accessible Home Design

  • Wheelchair Access

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Boiler Heating System
  • Radiant Heating System

Community Details

  • 12 Units

Listing and Financial Details

  • Short Sale
  • Tenant pays for cable TV, electric
  • The owner pays for fuel, janitorial, lawn, maint./repair, snow, trash, water/sewer
  • Assessor Parcel Number 71002991040001 and 71002991040007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,940

Lot Details

0

Listing Details

  • Class: Commercial
  • Classification: Commercial
  • Sub Type: Multi-Family
  • Ada Features: Fully Wheelchair
  • Parcel Number: 71002991040001 and 71002991040007
  • Potential Short Sale: Yes
  • Street Designation: Avenue
  • Current Use: Residential
  • Sale Includes: Building
  • Special Features: 12
  • Property Sub Type: MultiFamily

Exterior Features

  • Frontage Road: City Street
  • Construction Type: Frame/Wood
  • Exterior: Brick
  • Roof: Rubber

Garage/Parking

  • Description: Detached Garage, Driveway - Asphalt
  • Number Of Parking Spaces: 8

Utilities

  • Cooling: Wall
  • Fuel: Natural Gas
  • Heat: Boiler, Radiant
  • Sewer: City
  • Water: City

Rental Info

  • Tenant Expense: Cable Tv, Electric

Multi Family

  • Owners Expense: Fuel, Janitorial, Lawn, Maint./Repair, Snow, Trash, Water/Sewer

Tax Info

  • Year: 2013
  • Tax Value: 6940

MLS Schools

  • School District: Fergus Falls #544

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

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $392,000 +3.2% --
06/12/2013 06/12/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $379,900 -- --
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Ron Spangler

    Spangler Real Estate Partners

  • B

    Buyer's Agent in 2013

    Bruce Fuhrman

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4490427

REALTOR® Association of Southern Minnesota

APN: 71002991040007

Minnesota Otter Tail County Fergus Falls 56537

414 E Cedar Ave, Fergus Falls, MN

Not Listed for Sale

MultiFamily

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