NOT LISTED FOR SALE

525 W Summit Ave Fergus Falls, MN 56537

Estimated Value: $160,000 - $186,748

4 Beds
1 Bath
988 Sq Ft
$173/Sq Ft Est. Value

About This Home

This home is located at 525 W Summit Ave, Fergus Falls, MN 56537 and is currently estimated at $170,937, approximately $173 per square foot. 525 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
Jul 26, 2018
Sold by
Henderson Lorraine P
Bought by
Field Randall S
Current Estimated Value
$170,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$56,269
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$112,496
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Field Randall S $92,000 Nf Field Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Field Randall S $64,000
Source: Public Records

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 $804 $130,400 $12,300 $118,100
2023 $884 $92,300 $12,300 $80,000
2022 $860 $88,400 $0 $0
2021 $932 $92,300 $12,300 $80,000
2020 $886 $89,400 $11,000 $78,400
2019 $846 $82,100 $11,000 $71,100
2018 $710 $82,100 $11,000 $71,100
2017 $716 $74,500 $9,600 $64,900
2016 $686 $72,800 $9,600 $63,200
2015 $660 $0 $0 $0
2014 -- $72,400 $9,600 $62,800
Source: Public Records

Map

Minnesota Otter Tail County Fergus Falls 56537

525 W Summit Ave, Fergus Falls, MN

This home is located at 525 W Summit Ave, Fergus Falls, MN 56537 and is currently estimated at $170,937, approximately $173 per square foot. 525 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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