NOT LISTED FOR SALE

502 E Gustavus Ave Fergus Falls, MN 56537

Estimated Value: $132,000 - $190,000

2 Beds
1 Bath
972 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $39,000 $40 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $986/month

79 Days on Market

Highlights

  • Corner Lot
  • Bathroom on Main Level
  • Storage Shed
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of May 2013

Perfect location for this city of Fergus Falls home. Nice corner lot. Some of the work has been completed with new paint and carpet inside. Home sold as-is, where is, no disclosures.

Last Agent to Sell the Property

Joseph Johnson

Coldwell Banker Preferred Partners Listed on: 01/28/2013

Last Buyer's Agent

Roger Engleson

BEL Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1948

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 67 x 150
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • 972 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

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

Unfinished Basement

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

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 71001990743000

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.23
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 71001990743000
  • Range: 43.00
  • Section: 3.00
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Twp Number: 132.00
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: On Level: Main
  • Room 2: On Level: Second Floor
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 972
  • Total Square Footage: 972

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 67 x 150
  • Lot/Land Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2013
Closed on
May 10, 2013
Bought by
Ehlers Duane and Ehlers Renee
Seller's Agent
Joseph Johnson
Coldwell Banker Preferred Partners
Buyer's Agent
Roger Engleson
BEL Realty
List Price
$59,900
Sold Price
$39,000
Premium/Discount to List
-$20,900
-34.89%
Current Estimated Value
$160,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,508
Avg. Annual Appreciation
11.82%
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
Ehlers Duane $39,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2013 05/10/13 Sold $39,000 -34.9% $40 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $59,900 -- $62 / 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 $1,774 $144,700 $16,800 $127,900
2024 $1,678 $139,700 $16,800 $122,900
2023 $1,240 $96,100 $16,800 $79,300
2022 $1,220 $124,000 $0 $0
2021 $1,234 $96,100 $16,800 $79,300
2020 $1,226 $86,400 $15,500 $70,900
2019 $1,184 $79,800 $15,500 $64,300
2018 $1,044 $79,800 $15,500 $64,300
2017 $1,060 $72,100 $13,500 $58,600
2016 $1,014 $70,600 $13,500 $57,100
2015 $970 $0 $0 $0
2014 -- $70,100 $13,500 $56,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joseph Johnson

    Coldwell Banker Preferred Partners

  • R

    Buyer's Agent in 2013

    Roger Engleson

    BEL Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4434943

REALTOR® Association of Southern Minnesota

APN: 71001990743000

Minnesota Otter Tail County Fergus Falls 56537

502 E Gustavus Ave, Fergus Falls, MN

Not Listed for Sale

Detached

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