NOT LISTED FOR SALE

538 W Summit Ave Fergus Falls, MN 56537

Estimated Value: $147,000 - $189,000

2 Beds
1 Bath
904 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $165,000 $183 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $995/month

30 Days on Market

Highlights

  • Loft
  • Living Room
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • 3-minute walk to T. H. Johnson Park

About This Home

As of June 2024

Location! This charming Fergus Falls 2-Bedroom 1-Bathroom cottage is in the best location close to Kennedy school, restaurants, and downtown Fergus Falls. Large kitchen with breakfast nook perfect for a cozy dinner. Basement is plumbed for another bathroom and the upstairs is ready for finishing to your liking. Original woodwork has been kept throughout. A detached garage in back of the house rounds out this property. Schedule a showing today!

Last Agent to Sell the Property

Bennet Stich

Weichert, Realtors - Paulson Land Co Listed on: 04/08/2024

Weichert, Realtors - Paulson Land Co

Last Buyer's Agent

John Demuth

Trilogy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $996

Year Built

  • Built in 1948

Lot Details

  • 7,754 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 1 Car Garage

Interior Spaces

  • 904 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Loft
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Mclanes 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71003991157000

Home Details

Home Type

Single Family

Est. Annual Taxes

$996

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 904
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 25x32
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Living Area: 904
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Loft

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 440

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x150
  • Lot Size Sq Ft: 7753.68
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 71003991157000
  • Tax Annual Amount: 996
  • TaxWithAssessments: 1096.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jun 7, 2024
Sold by
Carlisle Investment Properties
Bought by
Gardner Mason and Flint Marissa
Seller's Agent
Bennet Stich
Weichert, Realtors - Paulson Land Co
Buyer's Agent
John Demuth
Trilogy Real Estate
List Price
$165,000
Sold Price
$165,000
Views
79
Current Estimated Value
$167,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,321
Avg. Annual Appreciation
1.03%
Original Mortgage
$165,000
Outstanding Balance
$162,954
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$4,367

Purchase Details

Closed on
Jul 1, 2022
Sold by
Naumann Hannah
Bought by
Carlisle Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2014
Closed on
Oct 10, 2014
Sold by
Wroblewski David David
Bought by
Naumann Hannah
Seller's Agent
Mary Pettit
Keller Williams Realty Professionals
Buyer's Agent
Patrick Moore
Century 21 Vista, Inc.
List Price
$78,900
Sold Price
$72,900
Premium/Discount to List
-$6,000
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$72,900
Interest Rate
4.09%
Source: Public Records

Range of Values:

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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
Gardner Mason $165,000 --
Carlisle Investment Properties Llc $114,500 --
Naumann Hannah $72,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Mason $165,000
Previous Owner Carlisle Investment Properties Llc $114,500
Previous Owner Naumann Hannah $72,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2024 06/07/24 Sold $165,000 0.0% $183 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $165,000 0.0% $183 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $165,000 +126.3% $183 / Sq Ft
10/10/2014 10/10/14 Sold $72,900 -7.6% $81 / Sq Ft View Prior Sale
07/25/2014 07/25/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $78,900 -- $87 / 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
2025 $1,284 $133,200 $12,500 $120,700
2024 $996 $130,200 $12,500 $117,700
2023 $1,076 $107,000 $12,500 $94,500
2022 $964 $107,600 $0 $0
2021 $848 $107,000 $12,500 $94,500
2020 $790 $83,600 $11,500 $72,100
2019 $754 $75,800 $11,500 $64,300
2018 $664 $75,800 $11,500 $64,300
2017 $664 $69,100 $10,000 $59,100
2016 $632 $66,600 $10,000 $56,600
2015 $608 $0 $0 $0
2014 -- $66,100 $10,000 $56,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Bennet Stich

    Weichert, Realtors - Paulson Land Co

    (218) 371-7087

    7 in this area

    42 Total Sales

    Bennet Stich
    Section Image

  • J

    Buyer's Agent in 2024

    John Demuth

    Trilogy Real Estate

    (218) 731-9422

    50 in this area

    83 Total Sales

    John Demuth
    Section Image

  • M

    Seller's Agent in 2014

    Mary Pettit

    Keller Williams Realty Professionals

  • H

    Seller Co-Listing Agent in 2014

    Hannah Carlson

    Keller Williams Realty Professionals

  • P

    Buyer's Agent in 2014

    Patrick Moore

    Century 21 Vista, Inc.

See All Agents

Map

Source: NorthstarMLS

MLS Number: 6515559

NorthstarMLS

APN: 71003991157000

Minnesota Otter Tail County Fergus Falls 56537

538 W Summit Ave, Fergus Falls, MN

This home is located at 538 W Summit Ave, Fergus Falls, MN 56537 since 08 April 2024 and is currently estimated at $167,321, approximately $185 per square foot. This property was built in 1948. 538 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.

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