1397 Burroughs Road, Detroit Lakes, MN 56501
2 Beds | 2 Baths | 1,973 Sq Ft | Single Family Home | MLS# 7099746
M Markdowns — Price Reduced — was $519,000 (↓ $19,100)
Is 1397 Burroughs Road a Good Deal?
BuyPulse Verdict
Fair Market Value
At $253/sqft — This home is priced right at the typical Detroit Lakes single-family home of $243/sqft.
Your Negotiating Position: 90 — Strong buyer leverage
Powered by the Realgorithm™ — 118 active Detroit Lakes listings · NorthstarMLS
$3,193/month Estimated
- Principal & interest
- $2,528
- Property taxes
- $336
- Home insurance (est.)
- $292
- Special assessments
- $37
- HOA dues
- None
20% down ($99,980) · 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.
Located in Ridgewood, Detroit Lakes, MN.
About This Home
NOT YOUR TYPICAL DETROIT LAKES HOME! Built in 2021 and set on .77 acres, this thoughtfully designed property combines quality construction, comfortable main-level living and exceptional garage space. The open main level features vaulted ceilings, 8' doors, a spacious kitchen and dining area, and a private primary suite. Upstairs you'll find a family room, second bedroom and bath—ideal for guests or additional living space. Designed for year-round comfort and efficiency with central air, an air exchanger, tankless water heater, forced-air heat and natural gas in-floor heat, along with city electric, water and sewer. The oversized 900 sq. ft. heated garage offers outstanding space for vehicles, hobbies, a workshop or storage. Extensive recent improvements include a new asphalt driveway, underground sprinkler system, new privacy fence, more than 50 newly planted trees and 50 perennials, along with Marvin noise-abatement windows and patio door. Previously utilized as a short-term rental, the property offers additional flexibility for buyers considering income-producing potential. Move-in ready, low maintenance and now offered at $499,000—this property is well worth a closer look!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $375K and $625K in Detroit Lakes:
- The field: 38 similar Detroit Lakes homes for sale — you have options.
- Tempo: homes like this went pending in a median 29 days — 2 of the last 15 inside 4 days.
- Negotiation: 45% of the last 22 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 22 real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 2021
- Above Grade
- 1,973 sq ft
- Lot Features
- Corner Lot, Irregular Lot
- Garage
- 2-car (Attached Garage, Asphalt, Heated Garage)
- Heating
- Forced Air, Fireplace(s), In-Floor Heating
- Cooling
- Central Air
- Appliances
- Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $4,037.42
- Special Assessments
- $441
- County
- Becker
- Days on Market
- 64
1397 Burroughs Road is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1397 Burroughs Road
Shannon Barnum
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 eXp Realty · Shown by Modern Market REALTORS®
Buying a home in Detroit Lakes? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7099746 · Data refreshed August 23, 2026
Similar Homes for Sale Near 1397 Burroughs Road, Detroit Lakes, MN
Frequently Asked Questions About 1397 Burroughs Road
- Is $499,900 a good price for a home in Detroit Lakes?
- According to BuyPulse, 1397 Burroughs Road rates Fair Market Value — at $253/sqft it's priced right at the typical Detroit Lakes single-family home of $243/sqft. Its negotiating-position score is 90/100 (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.
- What are the special assessments at 1397 Burroughs Road — and what do they mean?
- This property has $441/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 $4,037.42/yr. Always factor both into your total monthly housing cost before making an offer.
- What type of heating and cooling does 1397 Burroughs Road have?
- 1397 Burroughs Road has Forced Air, Fireplace(s), In-Floor Heating and Central Air cooling.
- Where is 1397 Burroughs Road located?
- 1397 Burroughs Road is in the Ridgewood neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 1397 Burroughs Road still available?
- Yes — 1397 Burroughs Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1397 Burroughs Road built?
- 1397 Burroughs Road was built in 2021. It features frame construction and a slab foundation.
- Does 1397 Burroughs Road have main-floor laundry?
- Yes — the laundry at 1397 Burroughs Road is on the main level.
- How walkable is 1397 Burroughs Road?
- 1397 Burroughs Road has a Walk Score of 7/100 (Car-Dependent) and a Bike Score of 12/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1397 Burroughs Road are for sale in Detroit Lakes?
- 38 similar homes (single-family homes between $375K and $625K in Detroit Lakes) are for sale right now — you have options.
- How fast do homes like 1397 Burroughs Road sell in Detroit Lakes?
- Homes like this one (single-family homes between $375K and $625K in Detroit Lakes) went pending in a median 29 days over the last 90 days — 2 of the last 15 went under contract within 4 days.
- Do homes in Detroit Lakes sell for asking price?
- 45% of the last 22 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.