627 Summit Ave
Fergus Falls, MN 56537
3 bd 1 ba 1,176 sqft Built 1950 Lot 7,100 sqft single_family
Most recent sale
$140,000
Jul 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 18, 2022 | Sold | $140,000 | MLS #6199077 |
| Jun 10, 2022 | Listed | $140,000 | MLS #6199077 |
| May 20, 2022 | Listed | $140,000 | MLS #6199077 |
| Jun 26, 2020 | Sold | $98,000 | MLS #20-30082 |
| Jun 18, 2013 | Sold | $75,620 | MLS #20-9572 |
| Oct 26, 2012 | Price changed | $79,900 | MLS #20-9572 |
| Oct 18, 2012 | Listing removed | $83,900 | Arrowhead |
| Sep 27, 2012 | Listed | $83,900 | MLS #20-9572 |
| Sep 26, 2012 | Listed | $83,900 | MLS #1048702 |
| May 7, 2012 | Sold | $35,000 | MLS #20-6930 |
| Mar 22, 2012 | Listing removed | $49,900 | LakeSuperiorAreaRealtors |
| Sep 19, 2011 | Price changed | $49,900 | MLS #20-6930 |
| Sep 9, 2011 | Listed | $55,000 | MLS #20-6930 |
| Jul 21, 2011 | Listed | $49,900 | MLS #1028831 |
| Aug 24, 1999 | Sold | $50,000 | MLS #99-407 |
| May 13, 1999 | Listed | $57,900 | MLS #99-407 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $63,500 | $922 |
| 2019 | — | — | $57,000 | $724 |
| 2018 | — | — | $43,500 | $630 |
| 2017 | — | — | $39,200 | $626 |
| 2016 | — | — | $38,900 | $594 |
| 2015 | — | — | $37,400 | $570 |
| 2014 | — | — | $36,700 | $528 |
| 2013 | — | — | $37,100 | $948 |
| 2012 | $61,100 | $8,600 | $69,700 | $608 |
| 2007 | $62,800 | $9,600 | $72,400 | $490 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,176 sqft
Lot size
7,100 sqft
ZIP code
56537
City
Fergus Falls
Street
Summit Ave
Coordinates
46.28592, -96.06568
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 627 Summit Ave last sell?
627 Summit Ave most recently sold on Jul 18, 2022 for $140,000.
What is the current tax assessment for 627 Summit Ave?
The most recent total assessment for 627 Summit Ave (year 2020) is $63,500 with $922 in property tax.
How does 627 Summit Ave's assessment compare to its last sale price?
The current assessment is 54.6% below the last sale price of $140,000.
When was 627 Summit Ave built?
627 Summit Ave was built in 1950.
How does 627 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 627 Summit Ave?
627 Summit Ave is a 3 bed, 1 bath, 1,176 sqft, 7,100 sqft lot single_family.
Is 627 Summit Ave a flip candidate?
No — 627 Summit Ave does not appear in our flips dataset.
Is 627 Summit Ave a tax-appeal candidate?
No — 627 Summit Ave 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 Summit Ave