NOT LISTED FOR SALE

706 W Summit Ave Fergus Falls, MN 56537

Estimated Value: $216,671 - $226,000

3 Beds
2 Baths
2,164 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $215,000 $99 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,341/month

17 Days on Market

Highlights

  • Deck
  • Den
  • Living Room
  • No HOA
  • Stainless Steel Appliances
  • 1-Story Property

About This Home

As of August 2024

Move in ready home in Fergus Falls with 3 bedrooms and 2 bathrooms. Main floor has large updated kitchen with newer appliances and lots of storage space. Living room has large front window for lots of light. 3 bedrooms and a full bath complete the main level. The lower level has a family room with large storage closets and a den/office and laundry room with storage as well. Low maintenance exterior on the home and shingles are only 2 years old. Detached double garage with convenient alley access.

Last Agent to Sell the Property

Karen Zell Verhelst

Trilogy Real Estate Listed on: 07/19/2024

Last Buyer's Agent

Sebastian Mustafic

Park Co., REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 1954

Lot Details

  • 7,100

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • 7,100 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sawbridge & Lowrys Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71003991191000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,632

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 1164
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 1164
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 2164
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1000
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Den, Laundry, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 420

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .16
  • Lot Size Sq Ft: 7100.28
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding, Fiber Board, Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 71003991191000
  • Tax Annual Amount: 1632
  • TaxWithAssessments: 1632.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Aug 23, 2024
Sold by
Gustafson Jacob and Gustafson Karoline
Bought by
Pederson Isaac
Seller's Agent
Karen Zell Verhelst
Trilogy Real Estate
Buyer's Agent
Sebastian Mustafic
Park Co., REALTORS®
List Price
$215,000
Sold Price
$215,000
Views
10
Current Estimated Value
$222,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,918
Avg. Annual Appreciation
3.54%
Original Mortgage
$215,000
Outstanding Balance
$212,769
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$10,149

Purchase Details

Listed on
Apr 24, 2013
Closed on
Jun 21, 2013
Sold by
Bamberg Mary Mary
Bought by
Gustafson Jacob and Gustafson Karoline
Seller's Agent
Gay Folden
Century 21 Vista, Inc.
Buyer's Agent
Tom Verhelst
Keller Williams Realty Professionals
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$92,000
Interest Rate
3.43%
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
Pederson Isaac $215,000 --
Gustafson Jacob $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pederson Isaac $215,000
Previous Owner Gustafson Jacob $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $215,000 0.0% $99 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $215,000 +87.0% $99 / Sq Ft
06/21/2013 06/21/13 Sold $115,000 -7.9% $99 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $124,900 -- $107 / 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 $1,632 $162,000 $12,300 $149,700
2024 $1,632 $158,400 $12,300 $146,100
2023 $1,574 $145,300 $12,300 $133,000
2022 $1,466 $157,400 $0 $0
2021 $1,454 $145,300 $12,300 $133,000
2020 $1,372 $125,400 $11,000 $114,400
2019 $1,310 $112,800 $11,000 $101,800
2018 $1,124 $112,800 $11,000 $101,800
2017 $1,086 $103,000 $9,600 $93,400
2016 $1,012 $96,100 $9,600 $86,500
2015 $960 $0 $0 $0
2014 -- $95,000 $9,600 $85,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6571865

NorthstarMLS

APN: 71003991191000