NOT LISTED FOR SALE

425 W Cedar Ave Fergus Falls, MN 56537

Estimated Value: $154,000 - $172,000

2 Beds
1 Bath
1,392 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $83,025 $60 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,039/month

26 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Wood Siding
  • No HOA
  • Partially Fenced Property
  • Storage Shed

About This Home

As of October 2016

Auction Property. Very well kept 2 story, 2+ bedroom, 1 full bath home with gardens and evergreens on a spacious corner lot. This home is full of character and sells with several updates including flooring, exterior paint and stainless steel appliances.

Last Listed By

Cody Aasness

United Country Aasness Real Estate LLC Listed on: 05/12/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1918

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Partially Fenced Property
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Storage Shed
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 71003990402000

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: None
  • Outside Features: Wood
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1918
  • Above Grade Finished Sq Ft: 1392.00
  • Above Grade Finished Area Search: 1392.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 4021
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1392.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 71003990402000
  • Property Out Building Type: Shed - Storage
  • Rental License: No
  • Stories Type: Two
  • Tax Assessment Balance: 42.50
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Partial, Poured Concrete, Unfinished
  • Appliances: Dishwasher, Range, Refrigerator
  • Bathroom Type: Upper Level Full Bath
  • Fireplace: No
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Fencing: Partial

Garage/Parking

  • Parking Features: On-Street Parking Only

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Association Fee Yn: No

Schools

  • School District: 544 - Fergus Falls
  • School District Phone: 218-998-0544

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Out Building Count: 1
  • Assessment Pending: No
  • Lot Size: 75x150
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.2580
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SECT-34 TWP-133 RANGE-043 CORLISS ADDN W 75' OF LOTS 11,12 & 13 BLK 4
  • Tax Amount: 550.00
  • Tax Year: 2016
  • Tax With Assessments: 592.00
  • Assessor Parcel Number: 71003990402000

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 544 - Fergus Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2018
Sold by
Rustad Joanne B
Bought by
Nelson Drew and Drew Allison
Total Days on Market
26
Current Estimated Value
$160,993

Purchase Details

Listed on
May 12, 2016
Closed on
Oct 14, 2016
Sold by
Hanson Christopher Christopher
Bought by
Nelson Drew and Nelson Allison
Seller's Agent
Cody Aasness
United Country Aasness Real Estate LLC
List Price
$1
Sold Price
$83,025
Premium/Discount to List
$83,024
8302400%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$61,000
Interest Rate
3.46%

Range of Values:

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Average Value
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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
Nelson Drew -- Nf Field Abstract Co
Nelson Drew $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Drew $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2016 10/26/16 Sold $83,025 +8302400.0% $60 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $1 -- $0 / Sq Ft
Source: NorthstarMLS

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
2024 $1,760 $157,200 $18,800 $138,400
2023 $1,544 $121,300 $18,800 $102,500
2022 $1,200 $154,400 $0 $0
2021 $1,108 $121,300 $18,800 $102,500
2020 $1,112 $77,100 $17,300 $59,800
2019 $1,084 $72,700 $17,300 $55,400
2018 $958 $72,700 $17,300 $55,400
2017 $628 $65,800 $15,000 $50,800
2016 $592 $62,200 $15,000 $47,200
2015 $570 $0 $0 $0
2014 -- $61,800 $15,000 $46,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4715328

NorthstarMLS

APN: 71003990402000