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525 North Lundys Lane

525 North Lundys Lane, Fergus Falls, MN 56537
Property in Fergus Falls
Sold May 05, 2021
$265,000
$271,095 by Veterans United Hm Lns
Mortgage Due May 01, 2051
Sold Aug 27, 2020
$112,500
525 North Lundys Lane has been categorized by the local assessors in Fergus Falls, MN as a residential type of property. The area measurement of the land has been determined as 13,504 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 525 North Lundys Lane was last sold in Apr 28, 2021 for $265,000. Prior to that sales transaction, the property was sold for $112,500 in Aug 27, 2020. Current property owners are expected to pay $112 in taxes per year. The property on 525 North Lundys Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $9,300. To break that down further, the land itself was valued at $9,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Multifamily
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY PLACE
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-35 TWP-133 RANGE-043 UNIVERSITY PLACE N 70' OF BLK 8

Ownership

  • Current Owner : NELSON DAVID
  • Previous Owner : HOEPER PATRICK A
  • Previous Owner 2: HOEPER SARA
  • Owner Before Previous Owner: LOOMER HAROLD HAROLD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fergus Falls Public School District
  • School Tax School District: FERGUS FALLS
  • Census Tract: 961100

Geography

  • District: 133
  • Parcel: 71002991108001
  • Block: 8
  • Meridian: SEC 35 TWN 133N RNG 43W
  • Municipality: FERGUS FALLS CITY
  • Latitude: 46.2882
  • Longitude: -96.0608

    Address

  • Full Address: 525 N Lundys Ln
  • Address - House Number: 525
  • Street Direction: N
  • Address - Street Name: Lundys
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Fergus Falls
  • Carrier Code: C009
  • 4-Digit Zip Code: 2326
  • Zip Code: 56537

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $112

    Appraisal Valuation

  • Standard Deviation: 0.4747
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 5
  • Final Value: 204,155
  • High Value: 301,087
  • Low Value: 107,222

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $271,095
  • First Open Lien Mortgage Lender: VETERANS UNITED HM LNS
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $271,095
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $9,300
  • Market Land Value: $9,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,300
  • Assessed Land Value: $9,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11877838832
  • Current Sale Price: $265,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Aug 27, 2020
  • Previous Sale Contract Date: Aug 27, 2020
  • Previous Sale Amount: $112,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: VETERANS UNITED HM LNS
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $271,095
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Fergus Falls



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Frequently Asked Questions

What neighborhood is 525 North Lundys Lane located in?
The 525 North Lundys Lane is a located in the neighborhood of Fergus Falls in Fergus Falls, Fergus Falls.
What is the average sales price for listings in 525 North Lundys Lane?
The average sales price for units in 525 North Lundys Lane is $0 currently.

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