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1502 Terrace Drive, Fergus Falls, MN 56537

$274,000

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Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,976 Lot Size (sq. ft.): 13,504 Status: Closed

Current Price: $274,000 List Date: 6/18/2025 Last Modified: 7/18/2026

Overview

Description

This beautifully updated 4-bedroom, 3-bathroom home is tucked into a quiet east-side neighborhood. Built in the 1970s, the home features a classic earth-toned exterior with eye-catching brick accents and a convenient tuck-under two-stall garage. Inside, the bright and spacious upper-level family room is filled with natural light from a wall of windows, creating a warm, welcoming atmosphere. The open dining area leads into a refreshed eat-in kitchen equipped with stainless steel appliances, updated wood cabinetry, contrasting countertops, and a built-in pantry. Charming solid wood built-ins add both character and functionality. Step out onto the composite deck overlooking a semi-private backyard—ideal for morning coffee or evening gatherings. The upper level also includes a generous primary suite with a private full bath, two additional bedrooms, and another full bathroom. The lower level offers even more living space, including a cozy family room with a brick fireplace, a fourth bedr ... (Read more)

Listing Details MLS# 6740225

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Waterfront YN: No
Year Built: 1976
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: Yes
Main Floor Total SqFt: 1300
Above Grd Total SqFt: 1300
Below Grd Total SqFt: 676
Total SqFt: 1976
Total Finished Sqft: 1976.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1300
Power Company: Ottertail Power
Garage Stalls: 2
Lot Dimensions: 91x150
Acres: 0.31
Assessment Pending: No
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block Bath Description: Main Floor Full Bath; Full Primary; Private Primary; 3/4 Basement Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Informal Dining Room Electric: 200+ Amp Service; Circuit Breakers Exterior: Steel Siding Family Room Characteristics: 2 or More; Lower Level; Main Level Fencing: None Financing Terms: Cash Fireplace Characteristics: Brick; Family Room; Wood Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Lower Level Lock Box Type: SentriLock Parking Characteristics: Tuckunder Garage Pool Description: None Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Special Search: 3 BR on One Level; Primary Bdr Suite; Renovated Stories: Bi-Level Water: City Water/Connected

Contract Information

Off Market Date: 2025-06-20
Contingency: None
Closed Date: 2025-07-17
Original List Price: 279000
Sales Close Price: 274000
ListPrice: 279000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1502
Street Name: Terrace
Street Suffix: Drive
Postal City: Fergus Falls
County: Otter Tail
State: MN
Zip Code: 56537
Complex/Dev/Subdivision: Dahl & Kallings Add

Assessments

Assessment Balance: 85
Tax With Assessments: 1986

Basement

Foundation Dimensions: 50x26
Concrete Block: Yes

More Information

Building Information

Finished SqFt Above Ground: 1300
Finished SqFt Below Ground: 676

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: GLAR
SentriLock: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 24x26
Garage Square Feet: 624
Tuckunder Garage: Yes

Public Survey Info

Range#: 43
Section#: 35
Township#: 133

Office/Member Info

Association: GLAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: SECT-35 TWP-133 RANGE-043 DAHL & KALLING'S ADDN E 33' OF VAC ANN ST & W 58.5' OF LOTS 1,2 & 3 BLK 1
Listing City: Fergus Falls
Map Page: 999
Municipality: Fergus Falls
School District: Fergus Falls
School District Phone: 218-998-0544
Zip Plus 4: 1761
Property ID Number: 71002990539001
Tax Year: 2025
Tax Amount: 1901
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This beautifully updated 4-bedroom, 3-bathroom home is tucked into a quiet east-side neighborhood. Built in the 1970s, the home features a classic earth-toned exterior with eye-catching brick accents and a convenient tuck-under two-stall garage. Inside, the bright and spacious upper-level family room is filled with natural light from a wall of windows, creating a warm, welcoming atmosphere. The open dining area leads into a refreshed eat-in kitchen equipped with stainless steel appliances, updated wood cabinetry, contrasting countertops, and a built-in pantry. Charming solid wood built-ins add both character and functionality. Step out onto the composite deck overlooking a semi-private backyard—ideal for morning coffee or evening gatherings. The upper level also includes a generous primary suite with a private full bath, two additional bedrooms, and another full bathroom. The lower level offers even more living space, including a cozy family room with a brick fireplace, a fourth bedroom, a combined laundry room and three-quarter bath, plus extra storage and garage access. Conveniently located near Red Sox Park, the YMCA, and just minutes from Highway 1 with quick access to area lakes. Don’t miss your opportunity—schedule a showing today!
Directions: From Fir Ave heading East, turn right onto Lenore Way, follow Lenore Way to Terrace Drive to property slightly to the left.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Assumable Loan

Not Assumable: Yes

Bath Description

Main Floor Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
3/4 Basement: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Breakfast Bar: Yes
Informal Dining Room: Yes

Electric

200+ Amp Service: Yes
Circuit Breakers: Yes

Exterior

Steel Siding: Yes

Family Room Characteristics

2 or More: Yes
Lower Level: Yes
Main Level: Yes

Fencing

None: Yes

Financing Terms

Cash: Yes

Fireplace Characteristics

Brick: Yes
Family Room: Yes
Wood Burning: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Lower Level: Yes

Patio, Porch and Deck Features

Composite Decking: Yes
Deck: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes
Paved Streets: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Special Search

3 BR on One Level: Yes
Primary Bdr Suite: Yes
Renovated: Yes

Stories

Bi-Level: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Level
Laundry	Lower
Bathroom	Lower
Bathroom	Upper
Primary Bath	Upper
Fourth (4th) Bedroom	Lower
Third (3rd) Bedroom	Upper
Second (2nd) Bedroom	Upper
First (1st) Bedroom	Upper
Kitchen	Upper
Family Room	Lower
Dining Room	Upper
Living Room	Upper

Listing Office: Andrew Yaggie Real Estate

Last Updated: July - 18 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.