18 days on rocket

515 Franklin Ave, Fergus Falls, MN, 56537

$129,900

Home List Price

$1,543*

Closing Credit

3 Bedrooms
1 Full Bath
1,239 SqFt
$105/SqFt
House

Location

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515 Franklin Ave, Fergus Falls$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel
Year Built1934
HeatingBaseboard, Forced Air
CoolingCentral Air
BasementYes
MLS #6615131
StatusActive

About 515 Franklin Ave

3 bedroom and 2 bathroom home on an over the average size city lot. Third bedroom could be used as family room with patio door to back yard if 2 bedrooms is all that is needed. Newly installed central air unit. New shower in lower level bath. Vinyl siding with vinyl windows. Large back yard with storage shed and privacy. Plenty of space to build a garage/shop if so desired.

Property Details

Property Features

Property Information:

  • Year Built: 1934
  • Living Area: 1,239 SqFt

Listing Office:

  • Office Name: Century 21 Atwood

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Gravel

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Central Air

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: 515 E Franklin Avenue Fergus Falls

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900
  • Price Per SqFt: $105/SqFt
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Housing Market Comparison

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

Med. Sold Price

$225K

Med. Price/SqFt

$128

Avg. Days On Market

29

# of Sold Homes

26

515 Franklin Ave vs Fergus Falls

18 DAYS ON ROCKET

-11 Days

$129,900

-$95.1K Less

$105/SqFt

-$23 Less

KEY TAKEAWAY

This property is $95.1K less than the Median Sold Price and $23/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: #6615131

Listing Office:

  • Office Name: Century 21 Atwood

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Property Sales & Tax

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7.5% / 6.68%

Total Monthly Payment

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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-2004369
8
/10
  • Cleveland Elementary School

  • 919 Northern Ave

  • 0.12 miles

  • Public District Grades 3-5

High School

school-card-donut-2004370
7
/10
  • Kennedy Secondary School

  • 601 Randolph Ave

  • 0.13 miles

  • Public District Grades 6-12

school-card-donut-2004371
5
/10
  • Iq Academy Minnesota

  • 340 Friberg Ave

  • 0.39 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,170. The most common annual income of people living in Fergus Falls, MN is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 515 Franklin Ave

What is the listing price of this property?

The listing price of 515 Franklin Ave property is $129,900.

What type of property is this?

The property 515 Franklin Ave is a house located in Fergus Falls, Minnesota, 56537.

Is this property for sale now?

Active Listing: 515 Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 515 Franklin Ave are:
Cleveland Elementary School: GreatSchools Rating 8/10
Kennedy Secondary School: GreatSchools Rating 7/10
Iq Academy Minnesota: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 515 Franklin Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 515 Franklin Ave is 1,239 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 515 Franklin Ave is 1934.

Rocket Homes›Minnesota›Otter Tail County›Fergus Falls›56537›515 Franklin Ave

This home is located at 515 Franklin Ave in Fergus Falls, MN and zip code 56537. This 1,239 square foot home was built in 1934. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $129,900.

While more than 6 listings in Fergus Falls, MN in October 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 12 were sold below. In October 2024 in Fergus Falls, MN there were 13.1% less homes for sale than in September 2024. Listings spent 29 days on the market in October 2024, and had a median list price of $225,000 during the same period.

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

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