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1001 Summit Ave

Fergus Falls, MN 56537

4 bd 2 ba 2,334 sqft Built 1953 Lot 10,890 sqft single_family
Most recent sale
$255,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $255,000 MLS #6187579
Jun 9, 2022 Listed $239,900 MLS #6187579
May 5, 2022 Listed $239,900 MLS #6187579
Jul 16, 2019 Sold $193,900 MLS #20-26993
Jun 6, 2019 Listed $189,900 MLS #20-26993
Feb 28, 2011 Sold $135,500 MLS #20-5096
Nov 17, 2010 Price changed $144,900 MLS #20-5096
Oct 15, 2010 Listed $149,900 MLS #20-5096
May 1, 2001 Sold $128,000 MLS #00-893
Aug 29, 2000 Listed $137,500 MLS #00-893

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $152,600 $1,962
2019 $131,600 $1,890
2018 $127,700 $1,646
2017 $113,400 $1,622
2016 $112,100 $1,524
2015 $105,300 $1,456
2014 $102,800 $1,356
2013 $104,200 $1,380
2007 $114,300 $13,400 $127,700 $1,116

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,334 sqft
Lot size
10,890 sqft
ZIP code
56537
City
Fergus Falls
Street
Summit Ave
Coordinates
46.28534, -96.09308

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,530
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1001 Summit Ave last sell?
1001 Summit Ave most recently sold on Aug 1, 2022 for $255,000.
What is the current tax assessment for 1001 Summit Ave?
The most recent total assessment for 1001 Summit Ave (year 2020) is $152,600 with $1,962 in property tax.
How does 1001 Summit Ave's assessment compare to its last sale price?
The current assessment is 40.2% below the last sale price of $255,000.
When was 1001 Summit Ave built?
1001 Summit Ave was built in 1953.
How does 1001 Summit Ave compare to others on Summit Ave?
We track 8 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 1001 Summit Ave?
1001 Summit Ave is a 4 bed, 2 bath, 2,334 sqft, 10,890 sqft lot single_family.
Is 1001 Summit Ave a flip candidate?
No — 1001 Summit Ave does not appear in our flips dataset.
Is 1001 Summit Ave a tax-appeal candidate?
No — 1001 Summit 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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