NOT LISTED FOR SALE

414 E Cedar Ave Fergus Falls, MN 56537

Studio
-- Bath
-- Sq Ft
-- Built

Sale Details

Date 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

  • 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

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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 $5,226 $326,200 $18,800 $307,400
2024 $5,190 $326,200 $18,800 $307,400
2023 $5,054 $316,700 $18,800 $297,900
2022 $5,242 $505,400 $0 $0
2021 $4,794 $316,700 $18,800 $297,900
2020 $5,002 $271,700 $27,200 $244,500
2019 $4,834 $263,800 $26,400 $237,400
2018 $4,250 $263,800 $26,400 $237,400
2017 $3,792 $237,100 $23,700 $213,400
2016 $3,740 $211,900 $21,200 $190,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4490427

REALTOR® Association of Southern Minnesota

APN: 71002991040007

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