940 W Summit Ave Fergus Falls, MN 56537
Estimated Value: $206,000 - $221,000
3
Beds
1
Bath
1,120
Sq Ft
$190/Sq Ft
Est. Value
About This Home
This home is located at 940 W Summit Ave, Fergus Falls, MN 56537 and is currently estimated at $212,913, approximately $190 per square foot. 940 W Summit Ave is a home located in Otter Tail County with nearby schools including McKinley Elementary School, Adams Elementary School, and Cleveland Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 21, 2017
Sold by
Angerhofer Debora J
Bought by
Nelson Todd E and Nelson Pamela S
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$100,713
Interest Rate
3.91%
Mortgage Type
Construction
Estimated Equity
$112,200
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Todd E | $77,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nelson Todd E | $120,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,054 | $193,200 | $25,100 | $168,100 |
| 2024 | $1,992 | $189,100 | $25,100 | $164,000 |
| 2023 | $1,904 | $170,600 | $25,100 | $145,500 |
| 2022 | $1,806 | $190,400 | $0 | $0 |
| 2021 | $1,962 | $170,600 | $25,100 | $145,500 |
| 2020 | $1,906 | $160,300 | $23,000 | $137,300 |
| 2019 | $1,816 | $146,500 | $23,000 | $123,500 |
| 2018 | $1,268 | $146,500 | $23,000 | $123,500 |
| 2017 | $1,270 | $112,700 | $20,000 | $92,700 |
| 2016 | $1,180 | $107,500 | $20,000 | $87,500 |
| 2015 | $1,118 | $0 | $0 | $0 |
| 2014 | -- | $106,000 | $20,000 | $86,000 |
Source: Public Records
Map
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