1 month on rocket

Sale Pending

31507 195th Ave, Elizabeth Twp, MN, 56537

$199,900

Home List Price

$2,374*

Closing Credit

0 Baths
4,000 SqFt
$50/SqFt
Multi
Schools Nearby

Location

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31507 195th Ave, Fergus Falls$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingParking Lot
Year Built1978
HeatingBaseboard, Forced Air, Fireplace(s)
BasementYes
MLS #6505277
StatusSale Pending
(Active)

About 31507 195th Ave

Country 4 plex on 7+ acres overlooking wetlands offers a great investment opportunity. All units are 2 bed 1 bath. Newer windows in some units. Vinyl siding. Large deck for the upper two units to utilize. Lessee's in 3 of the 4 units. Don't miss this opportunity! Owner/Agent

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: Lakes Family Real Estate/Otter Tail Real Estate

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Fireplace(s)

School Info

Assigned Schools Information:

  • Kennedy Secondary School, Public District Grades 6-12
  • Iq Academy Minnesota, Public District Grades KG-12
  • Cleveland Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: North of Fergus Falls on 27 about 9 miles. South on 195th Ave about 1 mile.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $50/SqFt
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Housing Market Comparison

See how this home compares to others in Fergus Falls, MN.

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Fergus Falls, MN

City

Med. Sold Price

$213.2K

Med. Price/SqFt

$122

Avg. Days On Market

58

# of Sold Homes

14

31507 195th Ave vs Fergus Falls

41 DAYS ON ROCKET

-17 Days

$199,900

-$13.3K Less

$50/SqFt

-$73 Less

KEY TAKEAWAY

This property is $13.3K less than the Median Sold Price and $73/SqFt less than other homes in Fergus Falls, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6505277

Listing Office:

  • Office Name: Lakes Family Real Estate/Otter Tail Real Estate

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Last updated on: 4/29/2024, 12:22:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3103880
7
/10

  • Cleveland Elementary School

  • 919 Northern Ave

  • 8.82 miles

  • Public District Grades 3-5

High School

school-card-donut-3103881
8
/10

  • Kennedy Secondary School

  • 601 Randolph Ave

  • 8.97 miles

  • Public District Grades 6-12

school-card-donut-3103882
2
/10

  • Iq Academy Minnesota

  • 340 Friberg Ave

  • 9.22 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,483. The majority of Fergus Falls, MN residents have income between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Otter Tail County›Fergus Falls›56537›31507 195th Ave

This home is located at 31507 195th Ave in Elizabeth Twp, MN and zip code 56537. This 4,000 square foot home was built in 1978. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $199,900.

Fergus Falls, MN housing market in March 2024 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 10 sold below. The inventory of homes for sale in Fergus Falls, MN between February 2024 and March 2024 increased by 18.3%. The median list price of listings available in March 2024 was $213,200, while the average time on the real estate market was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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