503 W Summit Ave Fergus Falls, MN 56537
Estimated Value: $170,700 - $272,000
5
Beds
3
Baths
1,865
Sq Ft
$113/Sq Ft
Est. Value
About This Home
This home is located at 503 W Summit Ave, Fergus Falls, MN 56537 and is currently estimated at $210,567, approximately $112 per square foot. 503 W Summit Ave is a home located in Otter Tail County with nearby schools including McKinley Elementary School, Adams Elementary School, and Cleveland Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2022
Sold by
Larson Daniel
Bought by
The Hicks Family Revocable Living Trust
Current Estimated Value
Purchase Details
Closed on
Mar 12, 2021
Sold by
Kensinger Katherine M
Bought by
Larson Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,875
Interest Rate
2.7%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Hicks Family Revocable Living Trust | $142,500 | -- | |
| Larson Daniel | $122,500 | West Ctrl Abstracting Co Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Larson Daniel | $91,875 |
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 | $3,534 | $236,700 | $18,500 | $218,200 |
| 2024 | $2,982 | $225,400 | $18,500 | $206,900 |
| 2023 | $2,676 | $168,400 | $18,500 | $149,900 |
| 2022 | $2,432 | $267,600 | $0 | $0 |
| 2021 | $2,292 | $168,400 | $18,500 | $149,900 |
| 2020 | $2,270 | $129,400 | $16,700 | $112,700 |
| 2019 | $2,194 | $118,800 | $16,700 | $102,100 |
| 2018 | $1,958 | $118,800 | $16,700 | $102,100 |
| 2017 | $1,908 | $108,600 | $14,500 | $94,100 |
| 2016 | $1,796 | $101,500 | $14,500 | $87,000 |
| 2015 | $1,722 | $0 | $0 | $0 |
| 2014 | -- | $100,300 | $14,500 | $85,800 |
Source: Public Records
Map
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