1515 Somerset Rd
Fergus Falls, MN 56537
4 bd 3 ba 3,665 sqft Built 1975 Lot 36,285 sqft single_family
Most recent sale
$390,000
Sep 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2025 | Sold | $416,000 | NorthstarMLS |
| Mar 26, 2025 | Listed | $399,900 | NorthstarMLS |
| Sep 16, 2022 | Sold | $390,000 | MLS #6227290 |
| Aug 1, 2022 | Price changed | $424,900 | MLS #6227290 |
| Jul 22, 2022 | Listed | $439,900 | MLS #6227290 |
| Jul 24, 2021 | Listing removed | $239,900 | NorthstarMLS |
| May 18, 2016 | Sold | $225,000 | MLS #20-16290 |
| Nov 2, 2015 | Listed | $227,900 | MLS #20-16290 |
| Dec 18, 2012 | Listing removed | $239,900 | LakeRegionMN |
| Sep 7, 2012 | Price changed | $239,900 | MLS #20-8818 |
| Jul 16, 2012 | Price changed | $249,900 | MLS #20-8818 |
| Jun 7, 2012 | Listed | $259,900 | MLS #20-8818 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $231,400 | $3,162 |
| 2019 | — | — | $217,700 | $3,036 |
| 2018 | — | — | $210,600 | $2,844 |
| 2017 | — | — | $201,400 | $2,790 |
| 2016 | — | — | $198,600 | $2,650 |
| 2015 | — | — | $188,600 | $2,484 |
| 2014 | — | — | $183,600 | $2,310 |
| 2013 | — | — | $185,600 | $2,500 |
| 2007 | $182,500 | $19,700 | $202,200 | $1,986 |
Property facts
Year built
1975
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,665 sqft
Lot size
36,285 sqft
ZIP code
56537
City
Fergus Falls
Street
Somerset Rd
Coordinates
46.29389, -96.04980
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,340
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1515 Somerset Rd last sell?
1515 Somerset Rd most recently sold on Sep 16, 2022 for $390,000.
What is the current tax assessment for 1515 Somerset Rd?
The most recent total assessment for 1515 Somerset Rd (year 2020) is $231,400 with $3,162 in property tax.
How does 1515 Somerset Rd's assessment compare to its last sale price?
The current assessment is 40.7% below the last sale price of $390,000.
When was 1515 Somerset Rd built?
1515 Somerset Rd was built in 1975.
How does 1515 Somerset Rd compare to others on Somerset Rd?
We track 8 other properties on Somerset Rd. Browse the list under "Other properties on Somerset Rd" to compare beds, baths, and sale history.
What are the property facts for 1515 Somerset Rd?
1515 Somerset Rd is a 4 bed, 3 bath, 3,665 sqft, 36,285 sqft lot single_family.
Is 1515 Somerset Rd a flip candidate?
No — 1515 Somerset Rd does not appear in our flips dataset.
Is 1515 Somerset Rd a tax-appeal candidate?
No — 1515 Somerset Rd 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 Somerset Rd