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725 Oak Trl, Fergus Falls, MN, 56537

$485,000

Home List Price

$5,759*

Closing Credit

2 Bedrooms
1 Full Bath
1,815 SqFt
$267/SqFt
Townhouse
Schools Nearby

Location

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725 Oak Trl, Fergus Falls$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingAttached Garage, Concrete
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingSteam, Forced Air, Heat Pump, Radiant Floor
CoolingCentral Air, Whole House Fan
MLS #6502410
StatusActive

About 725 Oak Trl

Welcome to River Oaks Village, West Central Minnesota's premier 55+ private development featuring both townhomes & standalone properties. This unit at 725 Oak Trail is a luxury 2 bed, 2 bath townhome with sunroom & a 2 stall, 654 sq. ft. heated garage. Features include open-concept living space with trayed ceiling, kitchen island, laundry room, ample closet space, private master bath with double sink, walk-in shower, & master walk-in closet that doubles as a storm shelter & safe room. Association fee of $185/mo includes lawn care (mowing & sprinkler system), snow removal, & most outdoor maintenance. Community is located on a private street with a walking trail connecting you to destinations around the city. This unit is set to be complete June 1, 2024. With features & finishes too numerous to list, set up your private tour today!

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 1,815 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete

Utilities

Utilities Information:

  • Heating: Steam, Forced Air, Heat Pump, Radiant Floor
  • Cooling: Central Air, Whole House Fan

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: From Roundabout at Tower Rd & Alcott, East on Alcott, left on Oak Trail to Property on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $267/SqFt

HOA Fees:

  • Amount: $185
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $12
  • Tax Year: 2020
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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

725 Oak Trl vs Fergus Falls

46 DAYS ON ROCKET

-12 Days

$485,000

+$271.8K More

$267/SqFt

+$144 More

KEY TAKEAWAY

This property is $271.8K more than the Median Sold Price and $144/SqFt more 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: #6502410

Listing Office:

  • Office Name: eXp Realty

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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

Tax History

YEARPROP. TAXASSESSMENT
2020$12$600

History based on county public records data.

Payment Calculator

$2,673

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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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-3103185
7
/10

  • Cleveland Elementary School

  • 919 Northern Ave

  • 1.26 miles

  • Public District Grades 3-5

High School

school-card-donut-3103186
2
/10

  • Iq Academy Minnesota

  • 340 Friberg Ave

  • 0.92 miles

  • Public District Grades KG-12

school-card-donut-3103187
8
/10

  • Kennedy Secondary School

  • 601 Randolph Ave

  • 1.27 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,547. The majority of Fergus Falls, MN residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 725 Oak Trl

What is the listing price of this property?

The listing price of 725 Oak Trl property is $485,000.

What type of property is this?

The property 725 Oak Trl is a townhouse located in Fergus Falls, Minnesota, 56537.

Is this property for sale now?

Active Listing: 725 Oak Trl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 725 Oak Trl are:
Cleveland Elementary School: GreatSchools Rating 7/10
Iq Academy Minnesota: GreatSchools Rating 2/10
Kennedy Secondary School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 725 Oak Trl has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 725 Oak Trl is 1,815 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 725 Oak Trl is 2024.

Rocket Homes›Minnesota›Otter Tail County›Fergus Falls›56537›725 Oak Trl

This home is located at 725 Oak Trl in Fergus Falls, MN and zip code 56537. This 1,815 square foot home was built in 2024. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $485,000.

While more than 1 listings in Fergus Falls, MN in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 10 were sold below. The number of homes for sale in Fergus Falls, MN increased by 18.3% between February 2024 and March 2024. 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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