NOT LISTED FOR SALE

706 W Laurel St Fergus Falls, MN 56537

Estimated Value: $126,000 - $156,187

3 Beds
1 Bath
1,045 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $130,000 $124 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $880/month

10 Days on Market

Highlights

  • No HOA
  • Entrance Foyer
  • Dining Room
  • Living Room
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of December 2022

Embrace the opportunity to be a homeowner with this reasonably priced 3 bedroom, 1 bath home located on the West end of Fergus Falls. This well cared for property features a welcoming entry, sun filled living room, formal dining room, spacious kitchen, beautiful wood floors, convenient main floor bedroom and upper level bedrooms, natural gas forced air heat with central air conditioning, single stall detached garage, lovely yard with raised garden bed and an inviting deck, the perfect place to start the day enjoying your morning coffee.

Last Agent to Sell the Property

Ryan Hanson

Keller Williams Realty Professionals Listed on: 11/01/2022

Keller Williams Realty Professionals

Last Buyer's Agent

Luke Mostue

Lakes Family Real Estate/Otter Tail Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1935

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 52x150

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,045 Sq Ft Home
  • 1.5-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 71003500119000

Home Details

Home Type

Single Family

Est. Annual Taxes

$622

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 1045
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Concrete, Sump Pump, Unfinished
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Living Area: 1045
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Foyer, Bathroom, Other Room
  • SqFtTotal: 1717.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached, Garage Door Opener
  • Garage Square Feet: 264

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Ottertail Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 52x150
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 71003500119000
  • Tax Annual Amount: 622
  • TaxWithAssessments: 692.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 30, 2022
Sold by
Wegscheid Clara
Bought by
Martin Donald and Frazier Chelsea
Seller's Agent
Ryan Hanson
Keller Williams Realty Professionals
Buyer's Agent
Luke Mostue
Lakes Family Real Estate/Otter Tail Real Estate
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Current Estimated Value
$140,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,797
Avg. Annual Appreciation
2.87%
Original Mortgage
$130,000
Outstanding Balance
$125,987
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$14,810

Purchase Details

Closed on
Nov 17, 2014
Sold by
Lemcke Denise Denise
Bought by
Wegscheid Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,800
Interest Rate
4.19%
Source: Public Records

Range of Values:

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Average Value
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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
Martin Donald $130,000 --
Wegscheid Clara $75,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Donald $130,000
Previous Owner Wegscheid Clara $75,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $130,000 +4.0% $124 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $125,000 -- $120 / 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 $1,636 $125,500 $13,000 $112,500
2024 $670 $121,000 $13,000 $108,000
2023 $750 $82,100 $13,000 $69,100
2022 $692 $75,000 $0 $0
2021 $692 $82,100 $13,000 $69,100
2020 $684 $70,900 $12,100 $58,800
2019 $664 $65,800 $12,100 $53,700
2018 $578 $65,800 $12,100 $53,700
2017 $586 $59,500 $10,600 $48,900
2016 $552 $57,700 $10,600 $47,100
2015 $532 $0 $0 $0
2014 -- $57,500 $10,600 $46,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6303906

NorthstarMLS

APN: 71003500119000