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4 Beds | 3 Baths | 2,358 Sq Ft | Single Family Home | MLS# 7130487
Is 1427 Lori Avenue a Good Deal?
BuyPulse Grade
Below Market
At $178/sqft — This home is priced 24% below the typical Detroit Lakes single-family home of $235/sqft.
Powered by the Realgorithm™ — 119 active Detroit Lakes listings · NorthstarMLS
$2,596/month Estimated
- Principal & interest
- $2,124
- Property taxes
- $227
- Home insurance (est.)
- $245
- HOA dues
- None
20% down ($84,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Deciding Week · Day 6 of 7
8% of the last 12 homes like this one went under contract within the first week.
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
About This Home
The search is over, come check out this 4-bedroom, 3-bath rambler in a prime Detroit Lakes location. Situated on a large corner lot between Lori Ave and North Shore Drive, this home combines refreshing lake breezes from Detroit Lake and a quiet neighborhood vibe located walking distance from Detroit Lakes High School. The house has been fully renovated; a brand new kitchen with stainless steel appliances, a primary suite with a luxurious private bathroom and a relaxing sauna in the basement. 3 bedrooms on the main floor with the 4th additional bedroom in the basement. This home is great for entertaining guests. It has a nicely designed open floor plan, a wet bar in the basement and a nice patio area in the backyard. The pergola and bar & grill station are included with the home. Bring all your friends over… relax and grill in the backyard during the summer and sauna parties in the winter (the sauna sits 6 comfortably). Other noteworthy updates - the wood burning fireplace has a stainless steel liner, a new 200 amp electrical panel, smart home technology features and a new roof and driveway.
BuyPulse™ — Live Market Read
Homes like this one — ramblers between $315K and $525K in Detroit Lakes:
- The field: 19 similar Detroit Lakes homes for sale — you have options.
- Tempo: homes like this went pending in a median 31 days — 1 of the last 12 inside 4 days.
- Negotiation: 44% of the last 16 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 16 real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1960
- Above Grade
- 1,562 sq ft
- Below Grade
- 796 sq ft
- Lot Size
- 0.28 acres
- Garage
- 2-car (Attached Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Finished
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $2,724
- County
- Becker
- Days on Market
- 4
1427 Lori Avenue is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1427 Lori Avenue
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 DMR Realty INC · Shown by Modern Market REALTORS®
Buying a home in Detroit Lakes? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7130487 · Data refreshed August 20, 2026
Similar Homes for Sale Near 1427 Lori Avenue, Detroit Lakes, MN
Frequently Asked Questions About 1427 Lori Avenue
- Is $419,999 a good price for a home in Detroit Lakes?
- At $178/sqft, this home is priced below the typical Detroit Lakes single-family home of $235/sqft (24% lower), according to our BuyPulse comparison of comparable active listings. Browse Detroit Lakes homes for sale to compare.
- Does 1427 Lori Avenue have a basement?
- Yes, 1427 Lori Avenue has a finished basement with 796 sq ft of below-grade space.
- What type of heating and cooling does 1427 Lori Avenue have?
- 1427 Lori Avenue has Forced Air heating and Central Air cooling.
- Where is 1427 Lori Avenue located?
- 1427 Lori Avenue is in Detroit Lakes, MN 56501, in Becker County.
- Is 1427 Lori Avenue still available?
- Yes — 1427 Lori Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1427 Lori Avenue built?
- 1427 Lori Avenue was built in 1960. It features a poured concrete foundation.
- How walkable is 1427 Lori Avenue?
- 1427 Lori Avenue has a Walk Score of 23/100 (Car-Dependent) and a Bike Score of 34/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1427 Lori Avenue are for sale in Detroit Lakes?
- 19 similar homes (ramblers between $315K and $525K in Detroit Lakes) are for sale right now — you have options.
- How fast do homes like 1427 Lori Avenue sell in Detroit Lakes?
- Homes like this one (ramblers between $315K and $525K in Detroit Lakes) went pending in a median 31 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?
- 44% of the last 16 comparable Detroit Lakes sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- 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.