NOT LISTED FOR SALE

705 E Summit Ave Fergus Falls, MN 56537

Estimated Value: $162,000 - $182,000

2 Beds
2 Baths
1,375 Sq Ft
$124/Sq Ft Est. Value

About This Home

This home is located at 705 E Summit Ave, Fergus Falls, MN 56537 and is currently estimated at $169,959, approximately $123 per square foot. 705 E Summit Ave is a home located in Otter Tail County with nearby schools including McKinley Elementary School, Cleveland Elementary School, and Adams Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2016
Bought by
Gaines Alfred and Gaines Sandra
Current Estimated Value
$166,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Outstanding Balance
$62,641
Interest Rate
3.42%
Estimated Equity
$97,781
Source: Public Records

Range of Values:

Collateral Analytics

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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
Gaines Alfred $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaines Alfred $77,000
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 $2,124 $148,300 $12,300 $136,000
2023 $2,038 $137,600 $12,300 $125,300
2022 $1,934 $203,800 $0 $0
2021 $1,932 $137,600 $12,300 $125,300
2020 $1,852 $119,500 $11,000 $108,500
2019 $1,230 $107,500 $11,000 $96,500
2018 $1,048 $107,500 $11,000 $96,500
2017 $970 $97,900 $9,600 $88,300
2016 $902 $88,700 $8,600 $80,100
2015 $854 $0 $0 $0
2014 -- $87,500 $8,600 $78,900
Source: Public Records

Map

Minnesota Otter Tail County Fergus Falls 56537

705 E Summit Ave, Fergus Falls, MN

This home is located at 705 E Summit Ave, Fergus Falls, MN 56537 and is currently estimated at $169,959, approximately $123 per square foot. 705 E Summit Ave is a home located in Otter Tail County with nearby schools including McKinley Elementary School, Cleveland Elementary School, and Adams Elementary School.

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