25 days on rocket

516 Lincoln Ave, Fergus Falls, MN, 56537

$179,000

Home List Price

$2,126*

Closing Credit

3 Bedrooms
2 Full Baths
1,500 SqFt
$119/SqFt
House

Location

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516 Lincoln Ave, Fergus Falls$179,000

Buyer Closing Credits

$2,126*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Gravel
Attached Garage2 spaces
Year Built1915
HeatingSteam
CoolingWindow Unit(s)
BasementYes
MLS #6588589
StatusActive

About 516 Lincoln Ave

Stunning historic home situated prominently in the heart of the city. Built in 1915, this home has been restored to feature its unique architectural details and is perfect for those who appreciate historic charm; featuring the original woodwork, hardwood floors, original woodwork staircase, leaded glass, and built in hutch in the formal dining. This 3 Bedroom 2 Bath home also features maintenance free steel exterior, 2 stall attached garage, spacious living room, and main floor laundry. Find yourself lost among the stunning perennial gardens surrounding your home, walkways, and backyard. Right within walking distance to downtown, Spies Riverfront Park, and the river walk. This home has been meticulously maintained in order to preserve its historical integrity. What a rare and extraordinary opportunity to be a part of history!

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: Kvale Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Window Unit(s)

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: Near Service Foods on Lincoln Ave. West to 516

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,000
  • Price Per SqFt: $119/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

$225K

Med. Price/SqFt

$128

Avg. Days On Market

29

# of Sold Homes

29

516 Lincoln Ave vs Fergus Falls

25 DAYS ON ROCKET

-4 Days

$179,000

-$46K Less

$119/SqFt

-$9 Less

KEY TAKEAWAY

This property is $46K less than the Median Sold Price and $9/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: #6588589

Listing Office:

  • Office Name: Kvale Real Estate

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Last updated on: 9/21/2024, 9:22:47 AM 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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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-371667
8
/10

  • Cleveland Elementary School

  • 919 Northern Ave

  • 0.88 miles

  • Public District Grades 3-5

High School

school-card-donut-371668
5
/10

  • Iq Academy Minnesota

  • 340 Friberg Ave

  • 0.66 miles

  • Public District Grades KG-12

school-card-donut-371669
7
/10

  • Kennedy Secondary School

  • 601 Randolph Ave

  • 0.97 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 $42,788. Residents of Fergus Falls, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Lincoln Ave

What is the listing price of this property?

The listing price of 516 Lincoln Ave property is $179,000.

What type of property is this?

The property 516 Lincoln Ave is a house located in Fergus Falls, Minnesota, 56537.

Is this property for sale now?

Active Listing: 516 Lincoln 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 516 Lincoln Ave are:
Cleveland Elementary School: GreatSchools Rating 8/10
Iq Academy Minnesota: GreatSchools Rating 5/10
Kennedy Secondary School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 516 Lincoln Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 516 Lincoln Ave is 1,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Lincoln Ave is 1915.

Rocket Homes›Minnesota›Otter Tail County›Fergus Falls›56537›516 Lincoln Ave

This home is located at 516 Lincoln Ave in Fergus Falls, MN and zip code 56537. This 1,500 square foot home was built in 1915. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $179,000.

Fergus Falls, MN housing market in August 2024 saw over 16 listings sold above listed price, more than 5 sold at listed price and over 8 sold below. The inventory of homes for sale in Fergus Falls, MN between July 2024 and August 2024 decreased by 11.3%. While the average time on the market in August 2024 was 29 days, the median list price was $225,000.

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

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