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406 Cedar Ave

Fergus Falls, MN 56537

5 bd 2 ba 2,240 sqft Built 1962 Lot 7,492 sqft single_family
Most recent sale
$195,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 9, 2023 Sold $190,000 NorthstarMLS
Sep 29, 2022 Price changed $199,900 MLS #6260009
Sep 12, 2022 Listed $214,900 MLS #6260009
May 4, 2022 Sold $195,000 Public Record
Mar 18, 2022 Listed $195,000 MLS #6165644
Jul 24, 2021 Listing removed $169,000 NorthstarMLS
Feb 13, 2021 Listing removed $169,000 LakeRegionMN

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $161,000 $1,610
2022 $180,400 $1,804
2021 $92,700 $1,364
2020 $92,700 $1,316
2019 $85,300 $1,250
2018 $81,400 $1,066
2017 $70,700 $1,040
2016 $69,000 $968
2015 $64,300 $914
2014 $61,800 $850
2013 $62,800 $890
2007 $78,700 $20,000 $98,700 $778

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
5
Baths
2
Living area
2,240 sqft
Lot size
7,492 sqft
ZIP code
56537
City
Fergus Falls
Street
Cedar Ave
Coordinates
46.29490, -96.06828

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,170
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 Cedar Ave last sell?
406 Cedar Ave most recently sold on May 4, 2022 for $195,000.
What is the current tax assessment for 406 Cedar Ave?
The most recent total assessment for 406 Cedar Ave (year 2023) is $161,000 with $1,610 in property tax.
How does 406 Cedar Ave's assessment compare to its last sale price?
The current assessment is 17.4% below the last sale price of $195,000.
When was 406 Cedar Ave built?
406 Cedar Ave was built in 1962.
How does 406 Cedar Ave compare to others on Cedar Ave?
We track 8 other properties on Cedar Ave. Browse the list under "Other properties on Cedar Ave" to compare beds, baths, and sale history.
What are the property facts for 406 Cedar Ave?
406 Cedar Ave is a 5 bed, 2 bath, 2,240 sqft, 7,492 sqft lot single_family.
Is 406 Cedar Ave a flip candidate?
No — 406 Cedar Ave does not appear in our flips dataset.
Is 406 Cedar Ave a tax-appeal candidate?
No — 406 Cedar Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.6%
Implied 1-yr
+30.4%
2026 Q3
$371.6K
2026 Q4
$390.5K
ZIP 56537 — Median Price History + Forecast

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