NOT LISTED FOR SALE

732 E Gustavus Ave Fergus Falls, MN 56537

Estimated Value: $257,000 - $280,000

3 Beds
2 Baths
1,948 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $244,000 $125 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,618/month

59 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Laundry Room
  • The kitchen features windows
  • Living Room
  • Entrance Foyer

About This Home

As of August 2023

Welcome Home! There is nothing to do here, but unpack and enjoy! You are going to love the openness of this great home with its flowing 3 level split layout. It features a fantastic kitchen/dining area on the main floor, as well as 2 bedrooms and 1 bath on the upper level, and 1 bedroom and 1 bath on the lower level. A fantastic Living room leads the way out to the low maintenance back deck over looking the spacious backyard. A fun feature is the full sandbox under the deck! You will love the walk in closets, and plenty of storage throughout, to include a 20x22 crawl space! All topped off with a great location!

Last Agent to Sell the Property

Deb Banta

Lakes Family Real Estate/Otter Tail Real Estate Listed on: 05/14/2023

Last Buyer's Agent

Riane Raths

Andrew Yaggie Real Estate

Andrew Yaggie Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1985

Lot Details

  • 0.32 Acre Lot
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Unfinished Walls
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Crawl Space
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Porter Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71001990935000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,310

Year Built

Built in 1985

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: 1985
  • Above Grade Finished Sq Ft: 1293
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Daylight/Lookout Windows
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1948
  • Fireplace: No
  • Below Grade Finished Sq Ft: 655
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Foyer, Living Room, Bedroom 1, Bedroom 2, Bathroom, Bedroom 3, Family Room, Laundry, Unfinished
  • SqFtTotal: 1948.00

Beds/Baths

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

Exterior Features

  • Roof: Architecural Shingle
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .32
  • Lot Size Sq Ft: 13764.96
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 71001990935000
  • Tax Annual Amount: 2310
  • TaxWithAssessments: 2438.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2023
Closed on
Aug 11, 2023
Sold by
Hegstad Jenna and Hegstad Mason
Bought by
Otterstetter Elizabeth and Otterstetter Lucas
Seller's Agent
Deb Banta
Lakes Family Real Estate/Otter Tail Real Estate
Buyer's Agent
Riane Raths
Andrew Yaggie Real Estate
List Price
$262,000
Sold Price
$244,000
Premium/Discount to List
-$18,000
-6.87%
Views
307
Current Estimated Value
$269,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,992
Avg. Annual Appreciation
4.34%
Original Mortgage
$244,000
Outstanding Balance
$238,336
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$31,656

Purchase Details

Closed on
Oct 21, 2021
Sold by
Schoer Travis Travis
Bought by
Hegstad Mason Mason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.09%

Purchase Details

Closed on
Dec 13, 2019
Sold by
Rachels Joshua E
Bought by
Schoer Travis and Schoer Summer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,612
Interest Rate
3.7%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Otterstetter Elizabeth $244,000 --
Hegstad Mason Mason $250,000 --
Schoer Travis $187,000 West Ctrl Abs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otterstetter Elizabeth $244,000
Previous Owner Hegstad Mason Mason $250,000
Previous Owner Hegstad Mason Mason --
Previous Owner Schoer Travis $183,612
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $244,000 -4.3% $125 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/26/2023 06/26/23 Price Changed $255,000 -1.7% $131 / Sq Ft
05/25/2023 05/25/23 Price Changed $259,500 -1.0% $133 / Sq Ft
05/15/2023 05/15/23 For Sale $262,000 -- $134 / 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 $2,498 $235,500 $23,100 $212,400
2024 $2,398 $223,300 $23,100 $200,200
2023 $2,438 $207,800 $23,100 $184,700
2022 $2,288 $243,800 $0 $0
2021 $2,404 $207,800 $23,100 $184,700
2020 $2,318 $190,800 $21,200 $169,600
2019 $2,212 $172,700 $21,200 $151,500
2018 $1,948 $172,700 $21,200 $151,500
2017 $1,904 $158,500 $18,400 $140,100
2016 $1,774 $147,700 $18,400 $129,300
2015 $1,678 $0 $0 $0
2014 -- $144,900 $18,400 $126,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6369941

NorthstarMLS

APN: 71001990935000