NOT LISTED FOR SALE

511 W Summit Ave Fergus Falls, MN 56537

Estimated Value: $172,000 - $203,487

3 Beds
1.5 Baths
1,555 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $163,250 $105 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,146/month

55 Days on Market

Highlights

  • Deck
  • Living Room
  • Family Room
  • No HOA
  • Forced Air Heating and Cooling System
  • Partially Fenced Property

About This Home

As of July 2023

Don't Miss out on this beautiful 3 bedroom, 1-1/2 bath home with lots of charm and characteristics. Original maple hardwood floors throughout home, finished lower family room and wet bar, bonus sunroom, fenced in backyard with a patio and water feature.

Last Agent to Sell the Property

Kayla Smith

Coldwell Banker Preferred Partners Listed on: 05/10/2023

Coldwell Banker Preferred Partners

Last Buyer's Agent

Bruce Fuhrman

RE/MAX Signature Properties

RE/MAX Signature Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1930

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50x142
  • Partially Fenced Property
  • Wood Fence

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mclanes Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71003990857000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1025
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Concrete, Sump Pump
  • Living Area: 1555
  • Fireplace: No
  • Below Grade Finished Sq Ft: 530
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Bedroom 3, Deck, Dining Room, Family Room, Kitchen, Living Room, Sun Room
  • SqFtTotal: 1555.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Partial, Wood

Garage/Parking

  • Parking Features: Detached
  • Carport Spaces: 2
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Ottertail Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Fergus Falls
  • SchoolDistrictNumber: 544
  • SchoolDistrictPhone: 218-998-0544

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x142
  • Lot Size Sq Ft: 7100.28
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 71003990857000
  • Tax Annual Amount: 1376
  • TaxWithAssessments: 1446.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jul 19, 2023
Sold by
Adkins Justin
Bought by
Plante Gary
Seller's Agent
Kayla Smith
Coldwell Banker Preferred Partners
Buyer's Agent
Bruce Fuhrman
RE/MAX Signature Properties
List Price
$174,900
Sold Price
$163,250
Premium/Discount to List
-$11,650
-6.66%
Total Days on Market
55
Views
447
Current Estimated Value
$187,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,834
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Apr 15, 2016
Sold by
Johnson Mary Mary
Bought by
Adkins Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
3.64%
Source: Public Records

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
Plante Gary $163,250 --
Adkins Justin $134,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adkins Justin $107,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $163,250 -1.0% $105 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $164,900 -5.7% $106 / Sq Ft
05/10/2023 05/10/23 For Sale $174,900 -- $112 / 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 $1,460 $188,300 $12,300 $176,000
2023 $1,540 $142,600 $12,300 $130,300
2022 $1,446 $154,000 $0 $0
2021 $1,324 $142,600 $12,300 $130,300
2020 $1,242 $116,500 $11,000 $105,500
2019 $1,192 $105,000 $11,000 $94,000
2018 $1,014 $105,000 $11,000 $94,000
2017 $1,044 $95,600 $9,600 $86,000
2016 $966 $93,100 $9,600 $83,500
2015 $922 $0 $0 $0
2014 -- $92,400 $9,600 $82,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6368347

NorthstarMLS

APN: 71003990857000