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416 Summit Ave

Fergus Falls, MN 56537

3 bd 2 ba 1,177 sqft Built 1919 Lot 7,405 sqft single_family
Most recent sale
$132,700
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $132,700 MLS #6233225
Jul 12, 2022 Listed $129,900 MLS #6233225
Nov 15, 2019 Sold $81,500 MLS #20-28278
Sep 18, 2019 Listed $83,900 MLS #20-28278
Jul 2, 1999 Sold $56,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $43,600 $702
2019 $41,600 $684
2018 $40,900 $604
2017 $37,400 $632
2016 $39,400 $600
2015 $37,800 $582
2014 $37,400 $538
2013 $37,900 $572
2007 $59,600 $8,900 $68,500 $464

Property facts

Year built
1919
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,177 sqft
Lot size
7,405 sqft
ZIP code
56537
City
Fergus Falls
Street
Summit Ave
Coordinates
46.28584, -96.08066

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$796
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 416 Summit Ave last sell?
416 Summit Ave most recently sold on Aug 29, 2022 for $132,700.
What is the current tax assessment for 416 Summit Ave?
The most recent total assessment for 416 Summit Ave (year 2020) is $43,600 with $702 in property tax.
How does 416 Summit Ave's assessment compare to its last sale price?
The current assessment is 67.1% below the last sale price of $132,700.
When was 416 Summit Ave built?
416 Summit Ave was built in 1919.
How does 416 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 416 Summit Ave?
416 Summit Ave is a 3 bed, 2 bath, 1,177 sqft, 7,405 sqft lot single_family.
Is 416 Summit Ave a flip candidate?
No — 416 Summit Ave does not appear in our flips dataset.
Is 416 Summit Ave a tax-appeal candidate?
No — 416 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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