NOT LISTED FOR SALE

723 W Cedar Ave Fergus Falls, MN 56537

Estimated Value: $247,000 - $308,000

2 Beds
2 Baths
1,536 Sq Ft
$183/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $285,000 $186 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,763/month

73 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of November 2023

2+ bedroom,2 bath twin home, open floor plan, vaulted ceilings, main floor laundry, attached garage, full basement so you could add another bedroom and bath, large lower level family room

Last Listed By

Scott Schauff

Lakes Family Real Estate/Otter Tail Real Estate Listed on: 08/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 1997

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 53 x 132

Parking

  • 2 Car Attached Garage

Home Design

  • Property Attached
  • Unfinished Walls

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Wheeler & Rawsons 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71003991322001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,376

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Fully Wheelchair, No Stairs External
  • Water Source: City Water/Connected
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1536
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 1536
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1536
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Laundry, Unfinished

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 528

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • 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: Yes
  • Lot Size: 53 x 132
  • Lot Size Sq Ft: 6969.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 71003991322001
  • Tax Annual Amount: 2376
  • TaxWithAssessments: 2456.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Nov 8, 2023
Sold by
Lee Alice
Bought by
Mccormick Michael and Mccormick Dorothy
Seller's Agent
Scott Schauff
Lakes Family Real Estate/Otter Tail Real Estate
Buyer's Agent
Lynette Bjorgaard
Trilogy Real Estate
List Price
$314,900
Sold Price
$285,000
Premium/Discount to List
-$29,900
-9.5%
Total Days on Market
73
Views
137
Current Estimated Value
$281,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,521
Avg. Annual Appreciation
-0.83%

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
Mccormick Michael $285,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $285,000 -1.7% $186 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
08/25/2023 08/25/23 Price Changed $289,900 -2.0% $189 / Sq Ft
08/14/2023 08/14/23 Price Changed $295,900 -6.0% $193 / Sq Ft
08/03/2023 08/03/23 For Sale $314,900 -- $205 / 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
2024 $2,422 $225,100 $14,700 $210,400
2023 $2,456 $212,900 $14,700 $198,200
2022 $2,274 $245,600 $0 $0
2021 $2,700 $212,900 $14,700 $198,200
2020 $2,616 $211,200 $13,000 $198,200
2019 $2,486 $190,900 $13,000 $177,900
2018 $2,308 $190,900 $13,000 $177,900
2017 $2,282 $182,800 $11,600 $171,200
2016 $2,136 $172,300 $11,600 $160,700
2015 $2,018 $0 $0 $0
2014 -- $168,700 $11,600 $157,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6410747

NorthstarMLS

APN: 71003991322001