NOT LISTED FOR SALE

721 E Summit Ave Fergus Falls, MN 56537

Estimated Value: $165,000 - $224,000

3 Beds
2 Baths
1,248 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 22, 2014

Last sale price $75,000 $60 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,106/month

156 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • 1-Story Property
  • Formal Dining Room
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of September 2014

NEW EXTERIOR PAINT....This charming 1 story home is a must see... The perfect blend of comfortable living, choice location with an affordable price. This home includes 3 bedrooms, 2 baths, hardwood floors throughout, and custom built ins. You can't beat this for real value.

Last Agent to Sell the Property

Ron Spangler

Spangler Real Estate Partners Listed on: 03/19/2014

Last Buyer's Agent

Ron Spangler

Spangler Real Estate Partners Listed on: 03/19/2014

Home Details

Home Type

  • Single Family

Year Built

  • 1951

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x142

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Range
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 71002990924000

Home Details

Home Type

Single Family

Year Built

1951

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Garage Door Opener, Hardwood Floors
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.16
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 71002990924000
  • Remodeled Addition: Yes
  • Stories: 1 Story
  • Street Designation: Avenue
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Master, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Bedroom, 10.7x12.3, On Level: Main
  • Room 2: Bedroom, 9.4x10.6, On Level: Main
  • Room 3: Bedroom, 11.3x10.7, On Level: Main
  • Room 5: Dining Room, 9.11x13.7, On Level: Main
  • Room 9: Kitchen, 14.5x9.3, On Level: Main
  • Room 12: Living Room, 11.1x17.3, On Level: Main
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1248
  • Below Grade Finished Sq Ft: 341
  • Total Square Footage: 1589

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Oil
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 50x142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2016
Sold by
Lindquist Michelle Michelle
Bought by
Jeffries Tracy and Jeffries Tara
Current Estimated Value
$186,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,600
Outstanding Balance
$56,074
Interest Rate
3.59%
Estimated Equity
$130,631

Purchase Details

Listed on
Mar 19, 2014
Closed on
Sep 22, 2014
Sold by
Lindquist Michelle Michelle
Bought by
Jeffries Tracy and Jeffries Tara
Seller's Agent
Ron Spangler
Spangler Real Estate Partners
Buyer's Agent
Ron Spangler
Spangler Real Estate Partners
List Price
$77,900
Sold Price
$75,000
Premium/Discount to List
-$2,900
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$70,200
Interest Rate
4.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jeffries Tracy $75,000 --
Jeffries Tracy $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffries Tracy $70,600
Previous Owner Jeffries Tracy $70,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2014 09/22/14 Sold $75,000 -3.7% $60 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $77,900 -- $62 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,540 $161,200 $12,300 $148,900
2024 $1,614 $149,800 $12,300 $137,500
2023 $1,192 $116,000 $12,300 $103,700
2022 $1,086 $119,200 $0 $0
2021 $968 $116,000 $12,300 $103,700
2020 $920 $92,000 $11,000 $81,000
2019 $862 $83,200 $11,000 $72,200
2018 $720 $83,200 $11,000 $72,200
2017 $710 $75,600 $9,600 $66,000
2016 $708 $75,200 $9,600 $65,600
2015 $678 $0 $0 $0
2014 -- $74,300 $9,600 $64,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ron Spangler

    Spangler Real Estate Partners

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4596848

REALTOR® Association of Southern Minnesota

APN: 71002990924000

Minnesota Otter Tail County Fergus Falls 56537

721 E Summit Ave, Fergus Falls, MN

Not Listed for Sale

Detached

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