NOT LISTED FOR SALE

519 W 7th Ave Fergus Falls, MN 56537

Estimated Value: $178,000 - $226,000

2 Beds
1.5 Baths
1,756 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $164,900 $94 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,221/month

23 Days on Market

Highlights

  • Great Room
  • Home Office
  • Living Room
  • No HOA
  • Screened Patio
  • 4-minute walk to North Broadway Park

About This Home

As of May 2023

2+ bedroom,1 bath home located close to parks and schools, large lot ,over sized detached garage.2 other out buildings, easy to add 2 more bedroom in basement with egress windows, owners are related to the agent.

Last Agent to Sell the Property

Scott Schauff

Lakes Family Real Estate/Otter Tail Real Estate Listed on: 04/11/2023

Last Buyer's Agent

Danielle Haas

Minnesota Lands and Homes -Fergus Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1890

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 150 x 150

Parking

  • 3 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Great Room
  • Living Room
  • Home Office
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Screened Patio

Utilities

  • Central Air
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Forest Lawn Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71003990787000

Home Details

Home Type

Single Family

Est. Annual Taxes

$944

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 1056
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 1056
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Living Area: 1756
  • Fireplace: No
  • Below Grade Finished Sq Ft: 700
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bathroom, Den, Great Room, Office
  • SqFtTotal: 1756.00

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Other Structures: Workshop
  • PatioPorchType: Screened

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 900

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Oil
  • 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: 150 x 150
  • Lot Size Sq Ft: 17816.04
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 71003990787000
  • Tax Annual Amount: 944
  • TaxWithAssessments: 1014.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 30, 2023
Sold by
Schauff Richard and Schauff Barbara
Bought by
Ulmer Megan
Seller's Agent
Scott Schauff
Lakes Family Real Estate/Otter Tail Real Estate
Buyer's Agent
Danielle Haas
Minnesota Lands and Homes -Fergus Falls
List Price
$169,900
Sold Price
$164,900
Premium/Discount to List
-$5,000
-2.94%
Views
192
Current Estimated Value
$198,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,614
Avg. Annual Appreciation
7.87%
Original Mortgage
$159,953
Outstanding Balance
$156,438
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$38,971
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
Ulmer Megan $164,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ulmer Megan $159,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $164,900 0.0% $94 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $164,900 -2.9% $94 / Sq Ft
04/11/2023 04/11/23 For Sale $169,900 -- $97 / 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 $1,678 $170,200 $23,600 $146,600
2023 $1,574 $145,300 $23,600 $121,700
2022 $1,014 $157,400 $0 $0
2021 $1,092 $145,300 $23,600 $121,700
2020 $1,020 $100,500 $21,700 $78,800
2019 $996 $92,000 $21,700 $70,300
2018 $848 $92,000 $21,700 $70,300
2017 $854 $84,400 $18,800 $65,600
2016 $808 $82,300 $18,800 $63,500
2015 $778 $0 $0 $0
2014 -- $82,500 $18,800 $63,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6352717

NorthstarMLS

APN: 71003990787000