531 7th Ave
Fergus Falls, MN 56537
2 bd 1 ba 1,120 sqft Built 1938 Lot 7,492 sqft single_family
Most recent sale
$93,000
Jun 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 23, 2022 | Sold | $93,000 | MLS #6194152 |
| Jun 10, 2022 | Listed | $90,000 | MLS #6194152 |
| May 12, 2022 | Listed | $90,000 | MLS #6194152 |
| Jul 18, 2018 | Sold | $64,000 | MLS #06-2410 |
| Sep 4, 2015 | Sold | $64,500 | MLS #20-13439 |
| Jun 29, 2015 | Relisted | $64,500 | MLS #20-13439 |
| Apr 28, 2015 | Listing removed | $65,900 | LakeRegionMN |
| Apr 1, 2015 | Price changed | $65,900 | MLS #20-13439 |
| Jan 6, 2015 | Relisted | $67,900 | MLS #20-13439 |
| Jan 2, 2015 | Listing removed | $67,900 | LakeRegionMN |
| Jul 15, 2014 | Listed | $67,900 | MLS #20-13439 |
| Nov 1, 2006 | Listed | $64,500 | MLS #06-2410 |
| Nov 1, 2006 | Sold | $64,000 | Public Record |
| Aug 2, 2006 | Listed | $64,500 | MLS #06-2410 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $34,400 | $560 |
| 2019 | — | — | $32,200 | $544 |
| 2018 | — | — | $31,600 | $476 |
| 2017 | — | — | $28,700 | $474 |
| 2016 | — | — | $28,600 | $446 |
| 2015 | — | — | $27,400 | $432 |
| 2014 | — | — | $27,100 | $400 |
| 2013 | — | — | $27,400 | $422 |
| 2007 | $37,900 | $10,000 | $47,900 | $324 |
Property facts
Year built
1938
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,120 sqft
Lot size
7,492 sqft
ZIP code
56537
City
Fergus Falls
Street
7th Ave
Coordinates
46.29042, -96.08335
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$558
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 531 7th Ave last sell?
531 7th Ave most recently sold on Jun 23, 2022 for $93,000.
What is the current tax assessment for 531 7th Ave?
The most recent total assessment for 531 7th Ave (year 2020) is $34,400 with $560 in property tax.
How does 531 7th Ave's assessment compare to its last sale price?
The current assessment is 63.0% below the last sale price of $93,000.
When was 531 7th Ave built?
531 7th Ave was built in 1938.
How does 531 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 531 7th Ave?
531 7th Ave is a 2 bed, 1 bath, 1,120 sqft, 7,492 sqft lot single_family.
Is 531 7th Ave a flip candidate?
No — 531 7th Ave does not appear in our flips dataset.
Is 531 7th Ave a tax-appeal candidate?
No — 531 7th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.6%
Implied 1-yr
+30.4%
2026 Q3
$371.6K
2026 Q4
$390.5K
ZIP 56537 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 7th Ave