1315 Loring Avenue, Detroit Lakes, MN 56501
4 Beds | 4 Baths | 3,555 Sq Ft | Single Family Home | MLS# 7084053
M Markdowns — Price Reduced — was $389,900 (↓ $40,000)
Is 1315 Loring Avenue a Good Deal?
BuyPulse Verdict
Excellent Value
At $98/sqft — This home is priced 57% below the typical Detroit Lakes single-family home of $230/sqft.
Your Negotiating Position
88 — Strong buyer leverage
Day 99 — similar homes typically go under contract by day ~22. This one is past that window.
48% of recent sales closed at or over asking — about half hold full price.
41 similar homes for sale — alternatives if they won't move.
This seller already cut $40,000 — motivation showing.
Powered by the Realgorithm™ — 116 active Detroit Lakes listings · NorthstarMLS
$2,308/month Estimated
- Principal & interest
- $1,769
- Property taxes
- $335
- Home insurance (est.)
- $204
- HOA dues
- None
20% down ($69,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Riverview, Detroit Lakes, MN.
About This Home
This home is spacious enough for a larger family in a perfect location close to schools, parks and restaurants.. This 4 bedroom, 4 bath has the ability to have 2 more bedrooms by adding egress windows. Over 2500 sq ft. of living space with an abundance of storage. Gas burning fireplace. Lower level washer and dryer, main floor has hook ups. An enclosed 4 season porch with hot tub walks out to a large back yard with a garden area. New roof in spring 2026. The 2 car attached garage is insulated.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $262K and $437K in Detroit Lakes:
- The field: 41 similar Detroit Lakes homes for sale — you have options.
- Tempo: homes like this went pending in a median 22 days — 1 of the last 12 inside 4 days.
- Negotiation: 48% of the last 29 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 29 real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1977
- Above Grade
- 2,691 sq ft
- Below Grade
- 864 sq ft
- Lot Size
- 0.28 acres
- Garage
- 2-car (Attached Garage, Insulated Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $4,020
- County
- Becker
- Days on Market
- 99
1315 Loring Avenue is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1315 Loring Avenue
Associate Broker · Modern Market REALTORS®
Your Detroit Lakes real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Action Realty of Detroit Lakes · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7084053 · Data refreshed September 1, 2026
Similar Homes for Sale Near 1315 Loring Avenue, Detroit Lakes, MN
Frequently Asked Questions About 1315 Loring Avenue
- Is $349,900 a good price for a home in Detroit Lakes?
- According to BuyPulse, 1315 Loring Avenue rates Excellent Value — at $98/sqft it's priced 57% below the typical Detroit Lakes single-family home of $230/sqft. Its negotiating-position score is 88/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Detroit Lakes homes are closing versus list. Powered by the Realgorithm™. Browse Detroit Lakes homes for sale to compare.
- Does 1315 Loring Avenue have a basement?
- Yes, 1315 Loring Avenue has a basement with 864 sq ft of below-grade space.
- What type of heating and cooling does 1315 Loring Avenue have?
- 1315 Loring Avenue has Forced Air heating and Central Air cooling.
- Where is 1315 Loring Avenue located?
- 1315 Loring Avenue is in the Riverview neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 1315 Loring Avenue still available?
- Yes — 1315 Loring Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1315 Loring Avenue built?
- 1315 Loring Avenue was built in 1977. It features block, concrete construction, an asphalt roof, and a block foundation.
- Does 1315 Loring Avenue have main-floor laundry?
- Yes — the laundry at 1315 Loring Avenue is on the main level.
- How walkable is 1315 Loring Avenue?
- 1315 Loring Avenue has a Walk Score of 23/100 (Car-Dependent) and a Bike Score of 42/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1315 Loring Avenue are for sale in Detroit Lakes?
- 41 similar homes (single-family homes between $262K and $437K in Detroit Lakes) are for sale right now — you have options.
- How fast do homes like 1315 Loring Avenue sell in Detroit Lakes?
- Homes like this one (single-family homes between $262K and $437K in Detroit Lakes) went pending in a median 22 days over the last 90 days — 1 of the last 12 went under contract within 4 days.
- Do homes in Detroit Lakes sell for asking price?
- 48% of the last 29 comparable Detroit Lakes sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- 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 Detroit Lakes area.