Is $199,900 a good price for a home in Coleraine?

According to BuyPulse, 406 Gunn Street rates Fair Market Value — at $137/sqft it's priced right at the typical Coleraine single-family home of $137/sqft. Powered by the Realgorithm™.

What are the special assessments at 406 Gunn Street — and what do they mean?

This property has $81/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $1,615/yr. Always factor both into your total monthly housing cost before making an offer.

Does 406 Gunn Street have a basement?

Yes, 406 Gunn Street has a basement with 485 sq ft of below-grade space.

What type of heating and cooling does 406 Gunn Street have?

406 Gunn Street has Baseboard, Forced Air heating and None cooling.

Where is 406 Gunn Street located?

406 Gunn Street is in the Third Add neighborhood of Coleraine, MN 55722, in Itasca County.

Is 406 Gunn Street still available?

Yes — 406 Gunn Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.

When was 406 Gunn Street built?

406 Gunn Street was built in 1920. It features an asphalt roof and a block foundation.

How walkable is 406 Gunn Street?

406 Gunn Street has a Walk Score of 11/100 (Car-Dependent) and a Bike Score of 27/100 (Minimal Bike Infrastructure).

How many homes like 406 Gunn Street are for sale in Coleraine?

5 similar homes (single-family homes between $150K and $250K in Coleraine) are for sale right now — a short list right now.

What does "BuyPulse" mean?

BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.

What does "Realgorithm™" mean?

The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 1 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 2 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 3 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 4 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 5 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 6 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 7 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 8 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 9 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 10 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 11 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 12 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 13 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 14 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 15 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 16 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 17 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 18 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 19 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 20 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 21 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 22 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 23 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 24 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 25 of 26)

1920 single family home for sale at 406 Gunn Street in Coleraine, MN — 4 bed, 2 bath (photo 26 of 26)

406 Gunn Street, Coleraine, MN 55722

4 Beds | 2 Baths | 1,455 Sq Ft | Single Family Home | MLS# 7139996

$199,900

Is 406 Gunn Street a Good Deal?

BuyPulse Verdict

Fair Market Value

At $137/sqft — This home is priced right at the typical Coleraine single-family home of $137/sqft.

$1,270/month Estimated

Principal & interest: $1,011
Property taxes: $135
Home insurance (est.): $117
Special assessments: $7
HOA dues: None

20% down ($39,980) · 30-yr fixed, 6.5% · Can I afford this home?

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Coleraine, MN Active

Located in Third Add To Coleraine, Coleraine, MN.

About This Home

This 4 bedroom, 2 bathroom Coleraine home offers plenty of living space in a convenient location near Greenway schools, Trout Lake, Mount Itasca, Eagle Ridge Golf Course, and area trails. Hardwood floors run through much of the main level, including the spacious kitchen and dining area. The primary bedroom offers generous closet space, while an additional main floor bedroom provides flexibility for a bedroom, office, or hobby room. Downstairs, the finished lower level adds a family room, two additional bedrooms, a second bathroom, and laundry. Outside, enjoy the covered front porch, fenced backyard surrounded by mature trees, and a detached 2 stall garage with additional space for storage or projects. With Grand Rapids just minutes away, this home combines a functional layout with easy access to many of the area's everyday amenities and recreation.

Virtual Tour

Take a virtual tour of this home

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $150K and $250K in Coleraine:

The field: 5 similar Coleraine homes for sale — a short list right now.

Key Features

Built: 1920
Garage: 2-Car Detached
Style: One
HOA: None
Annual Taxes: $1,615 (2026)
Specials/yr: $81

Property Details

Property Type: Single Family
Above Grade Sq Ft: 970
Below Grade Sq Ft: 485
Lot Size: 0.23 acres
Basement: Yes
Roof: Asphalt
County: Itasca
List Date: 2026-09-17
Days on Market: 25 days
Parcel ID: 884401015

Financial

Total Tax incl. Assessments: $1,696
Specials Pending: No

Home Systems & Utilities

Heating: Baseboard, Forced Air
Cooling: None
Water: City Water/Connected
Sewer: City Sewer/Connected

Construction & Exterior

Construction & Structure

Foundation Type: Block
Foundation Area: 970 sqft
Total Building Area: 1,940 sqft

Exterior Features

Exterior Features: Vinyl
Accessibility Features: None

Parking & Garage

Parking Features: Detached Garage, Concrete, Insulated Garage

Lot & Land

Zoning Description: Residential-Single Family

Agent & Office

List Office: Pemberton RE

Price History

Listed at $199,900 on Sep 17, 2026 — No price changes

406 Gunn Street is listed in Coleraine, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 406 Gunn Street

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Coleraine real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

See all Coleraine homes ›

Listed by Pemberton RE · Shown by Modern Market REALTORS®

Schedule a Home Tour

First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.

View Full Listing & Photos

MLS# 7139996 · Data refreshed September 28, 2026

Similar Homes for Sale Near 406 Gunn Street, Coleraine, MN

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Frequently Asked Questions About 406 Gunn Street

Is $199,900 a good price for a home in Coleraine?: According to BuyPulse, 406 Gunn Street rates Fair Market Value — at $137/sqft it's priced right at the typical Coleraine single-family home of $137/sqft. Powered by the Realgorithm™. Browse Coleraine homes for sale to compare.
What are the special assessments at 406 Gunn Street — and what do they mean?: This property has $81/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $1,615/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
Does 406 Gunn Street have a basement?: Yes, 406 Gunn Street has a basement with 485 sq ft of below-grade space.
What type of heating and cooling does 406 Gunn Street have?: 406 Gunn Street has Baseboard, Forced Air heating and None cooling.
Where is 406 Gunn Street located?: 406 Gunn Street is in the Third Add neighborhood of Coleraine, MN 55722, in Itasca County.
Is 406 Gunn Street still available?: Yes — 406 Gunn Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 406 Gunn Street built?: 406 Gunn Street was built in 1920. It features an asphalt roof and a block foundation.
How walkable is 406 Gunn Street?: 406 Gunn Street has a Walk Score of 11/100 (Car-Dependent) and a Bike Score of 27/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 406 Gunn Street are for sale in Coleraine?: 5 similar homes (single-family homes between $150K and $250K in Coleraine) are for sale right now — a short list right now.
What does "BuyPulse" mean?: BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?: The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Coleraine area.

Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 5:36 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.