NOT LISTED FOR SALE

704 W Summit Ave Fergus Falls, MN 56537

Estimated Value: $171,000 - $191,000

3 Beds
2 Baths
1,889 Sq Ft
$96/Sq Ft Est. Value

About This Home

This home is located at 704 W Summit Ave, Fergus Falls, MN 56537 and is currently estimated at $180,445, approximately $95 per square foot. 704 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
Dec 29, 2020
Sold by
Polejewski Justin Justin
Bought by
Funkhouser William William
Current Estimated Value
$180,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Outstanding Balance
$138,809
Interest Rate
2.66%
Estimated Equity
$43,852

Purchase Details

Closed on
Sep 10, 2018
Sold by
Goetz Jonathan T
Bought by
Polejewski Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,600
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Funkhouser William William $153,900 --
Polejewski Justin $119,000 West Ctrl Abstracting Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funkhouser William William $153,900
Previous Owner Polejewski Justin $112,600
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 $1,452 $144,500 $12,300 $132,200
2023 $1,524 $141,400 $12,300 $129,100
2022 $1,016 $152,400 $0 $0
2021 $938 $141,400 $12,300 $129,100
2020 $876 $89,900 $11,000 $78,900
2019 $838 $81,500 $11,000 $70,500
2018 $708 $81,500 $11,000 $70,500
2017 $704 $74,100 $9,600 $64,500
2016 $674 $71,400 $9,600 $61,800
2015 $648 $0 $0 $0
2014 -- $71,000 $9,600 $61,400
Source: Public Records

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