NOT LISTED FOR SALE

705 E Summit Ave Fergus Falls, MN 56537

Estimated Value: $162,000 - $197,000

2 Beds
2 Baths
1,375 Sq Ft
$127/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 $174,725, approximately $127 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
$174,725

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
$61,818
Interest Rate
3.42%
Estimated Equity
$112,907
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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Quantarium

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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
2025 $2,084 $151,800 $12,300 $139,500
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

Not Listed for Sale

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