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706 Cherry Ave

Fergus Falls, MN 56537

2 bd 2 ba 1,708 sqft Built 1961 Lot 11,761 sqft single_family
Most recent sale
$181,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $181,000 NorthstarMLS
Mar 5, 2024 Listed $179,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $159,600 $1,596
2021 $98,800 $1,446
2020 $88,800 $1,364
2019 $85,600 $1,308
2018 $74,300 $1,114
2017 $73,100 $1,094
2016 $68,900 $1,030
2015 $67,000 $982
2014 $67,900 $912
2007 $82,300 $13,900 $96,200 $750

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,708 sqft
Lot size
11,761 sqft
ZIP code
56537
City
Fergus Falls
Street
Cherry Ave
Coordinates
46.29372, -96.06334

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,086
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 706 Cherry Ave last sell?
706 Cherry Ave most recently sold on Apr 12, 2024 for $181,000.
What is the current tax assessment for 706 Cherry Ave?
The most recent total assessment for 706 Cherry Ave (year 2022) is $159,600 with $1,596 in property tax.
How does 706 Cherry Ave's assessment compare to its last sale price?
The current assessment is 11.8% below the last sale price of $181,000.
When was 706 Cherry Ave built?
706 Cherry Ave was built in 1961.
How does 706 Cherry Ave compare to others on Cherry Ave?
We track 8 other properties on Cherry Ave. Browse the list under "Other properties on Cherry Ave" to compare beds, baths, and sale history.
What are the property facts for 706 Cherry Ave?
706 Cherry Ave is a 2 bed, 2 bath, 1,708 sqft, 11,761 sqft lot single_family.
Is 706 Cherry Ave a flip candidate?
No — 706 Cherry Ave does not appear in our flips dataset.
Is 706 Cherry Ave a tax-appeal candidate?
No — 706 Cherry 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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