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  • $235,000

    516 E Gustavus Ave, Fergus Falls, MN 56537

    5beds
    1,728sqft
    Single Family Residence
    Built in 1976
    0.36 Acres Lot
    $237,000 Zestimate®
    $136/sqft
    $1,767 Estimated rent

    Home value

    $237,000

    $164,000 - $344,000

    $1,767/mo

    Zestimate® history
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    $1,146/mo

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    What's special

    Modern updatesHot tubNewer flooringNew kitchen cabinetsSpacious lotPerfect outdoor retreatFive bedrooms
    Welcome to this beautifully updated 5-bedroom, 2-bath home, perfectly situated on a spacious lot offering room to relax, entertain, and garden. Step inside to discover a blend of modern updates and comfortable living, featuring stainless steel appliances, new kitchen cabinets, counter tops, beautiful tiled backsplash, newer flooring and trim throughout and a new mini-split a/c unit. The heart of the home opens to a newly built deck complete with a hot tub for year-round enjoyment. Whether you're hosting guests or enjoying a quiet evening outside, this space offers the perfect outdoor retreat. You'll love the convenience of the large, oversized 2-stall garage—ideal for vehicles, storage, or your next hobby project. With five bedrooms and two full baths, there’s plenty of room for family, guests, a home office or a workout room. This property is move-in-ready with updates throughout and the space you've been looking for. Don’t miss your chance to make it yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Pettit 218-205-7086,

    Trilogy Real Estate,

    Hannah Carlson 218-205-7086

    Bought with:

    Roger Hahn

    Century 21 Atwood

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6751854MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Lower
    Bedroom 4
    • Level: Lower
    Bedroom 5
    • Level: Lower
    Bathroom
    • Level: Main
    Bathroom
    • Level: Lower
    Kitchen
    • Level: Main
    Laundry
    • Level: Lower
    Living room
    • Level: Main
    Heating
    • Baseboard
    Cooling
    • Ductless Mini-Split
    Appliances
    • Included: Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: Laundry Room
    Features
    • Basement: Finished,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,728
    • Total interior livable area: 1,728 sqft
    • Finished area above ground: 1,728
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage
    • Garage spaces: 2
    • Details: Garage Dimensions (24 x 30)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Patio & porch: Deck
    Lot
    • Size: 0.35 Acres
    Details
    • Foundation area: 864
    • Parcel number: 71001990558000
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Ottertail Power
    • Gas: Electric
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Fergus Falls
    • Subdivision: Hallbergs 2nd Add

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    8/22/2025Sold$235,000+4.4%$136/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6751854 Report a problem
    7/23/2025Pending sale$225,000$130/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6751854 Report a problem
    7/9/2025Listed for sale$225,000+53.1%$130/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6751854 Report a problem
    4/6/2020Sold$147,000-1.9%$85/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5486640 Report a problem
    2/15/2020Listed for sale$149,900$87/sqft
    Source: RE/MAX Signature Properties #20-29193 Report a problem
    11/26/2019Listing removed$149,900$87/sqft
    Source: RE/MAX Signature Properties #20-28626 Report a problem
    11/13/2019Price change$149,900-6%$87/sqft
    Source: RE/MAX Signature Properties #20-28626 Report a problem
    10/26/2019Listed for sale$159,500+115.5%$92/sqft
    Source: RE/MAX Signature Properties #20-28626 Report a problem
    7/19/2019Sold$74,000+16.5%$43/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7402044 Report a problem
    5/27/2019Listed for sale$63,500$37/sqft
    Source: Jim Jensen Real Estate Inc. #19-3043 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,697 -0.3%$182,000 +8.1%
    2024$1,702 -0.1%$168,300 +21.3%
    2023$1,704 +0.7%$138,700 -2.5%
    2022$1,692 +12.6%$142,200
    2021$1,502 -14.5%--
    2020$1,756 +14.5%$133,500 +9.5%
    2018$1,533 -13.5%$121,900 +9.2%
    2017$1,772 +18.6%$111,600 +5.1%
    2016$1,494 $106,200
    2015$1,494 -6.9%--
    2014$1,604 $105,300
    2013-- --
    2012-- --
    2011$1,016 +3.3%--
    2010$984 --

    Find assessor info on the county website

    Neighborhood: 56537

    Nearby schools

    GreatSchools rating
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    With Zillow Showcase(estimated)
    $241,740