NOT LISTED FOR SALE

518 W Stanton Ave Fergus Falls, MN 56537

Estimated Value: $181,000 - $194,000

3 Beds
2 Baths
1,631 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 15, 2025

Last sale price $193,000 $118 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,153/month

11 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Laundry Room
  • Combination Dining and Living Room
  • No HOA
  • Central Air
  • Hot Water Heating System

About This Home

As of August 2025

Photos to come! This cozy 1.5 story home is full of character and potential. You'll love the classic built-ins, the finished loft/flex space upstairs which could be a great bedroom or home office, and the partially finished basement—perfect for movie nights or a workshop space.

The backyard is beautiful and private, and the 2-stall detached garage gives you plenty of storage. It's been well cared for and still has tons of potential to make it your own.

Great location near shopping, and not far from downtown. Whether you're just starting out or looking for a place you can put your stamp on, this home is a must-see!

Last Agent to Sell the Property

Therese Johnson

High Valley FM LLC Listed on: 06/23/2025

Co-Listed By

Joseph Andrews - DR

High Valley FM LLC

Last Buyer's Agent

Lisa Swenson

Trilogy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1928

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 40x142

Parking

  • 2 Car Garage

Home Design

  • Flex

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Utility Room
  • Laundry Room

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Central Air
  • Radiator
  • Hot Water Heating System
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Mclanes Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71003990952000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,539

Year Built

Built in 1928

Lot Details

7,100 Sq Ft Lot

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: 1928
  • Above Grade Finished Sq Ft: 1189
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Concrete, Storage Space
  • Appliances: Cooktop, Dishwasher, Fuel Tank - Owned, Range, Refrigerator
  • Living Area: 1631
  • Fireplace: No
  • Below Grade Finished Sq Ft: 442
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Utility Room, Laundry, Family Room, Flex Room

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Dual, Hot Water, Radiator(s)
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Oil

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Built-In Bookcases,Main Floor Primary Bedroom

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x142
  • Lot Size Sq Ft: 7100.28
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 71003990952000
  • Tax Annual Amount: 1539
  • TaxWithAssessments: 1624.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2025
Closed on
Aug 15, 2025
Sold by
Jacobson Ryan and Hed Jessica
Bought by
Olson Amber and Wellnitz Patrick
Seller's Agent
Therese Johnson
High Valley FM LLC
Buyer's Agent
Lisa Swenson
Trilogy Real Estate
List Price
$190,000
Sold Price
$193,000
Premium/Discount to List
$3,000
1.58%
Views
25
Current Estimated Value
$190,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,537
Avg. Annual Appreciation
-4.93%
Original Mortgage
$187,210
Outstanding Balance
$187,046
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$1

Purchase Details

Closed on
Aug 8, 2024
Sold by
Reiter Donald and Reiter Darlene
Bought by
Hed Jessica and Jacobson Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,556
Interest Rate
6.86%
Mortgage Type
New Conventional
Source: Public Records
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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
Olson Amber $193,000 --
Hed Jessica $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Amber $187,210
Previous Owner Hed Jessica $159,556
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $193,000 +1.6% $118 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
06/28/2025 06/28/25 For Sale $190,000 -- $116 / Sq Ft
Source: NorthstarMLS

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 $1,624 $162,000 $7,400 $154,600
2024 -- $156,300 $7,400 $148,900
2023 $80 $128,500 $7,400 $121,100
2022 $70 $8,000 $0 $0
2021 $70 $128,500 $7,400 $121,100
2020 $70 $106,700 $6,600 $100,100
2019 $70 $96,100 $6,600 $89,500
2018 $866 $96,100 $6,600 $89,500
2017 $854 $85,600 $5,800 $79,800
2016 $792 $81,200 $5,800 $75,400
2015 $750 $0 $0 $0
2014 -- $80,500 $5,800 $74,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Therese Johnson

    High Valley FM LLC

    (701) 356-3600

    10 in this area

    58 Total Sales

    Therese Johnson
    Section Image
  • Joseph Andrews - DR

    Seller Co-Listing Agent in 2025

    Joseph Andrews - DR

    High Valley FM LLC

    (701) 230-8839

    3 in this area

    54 Total Sales

    Joseph Andrews - DR
    Section Image

  • L

    Buyer's Agent in 2025

    Lisa Swenson

    Trilogy Real Estate

    (319) 321-5559

    8 in this area

    10 Total Sales

    Lisa Swenson
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6743280

NorthstarMLS

APN: 71003990952000

Minnesota Otter Tail County Fergus Falls 56537

518 W Stanton Ave, Fergus Falls, MN

Not Listed for Sale

Detached

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NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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