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3 Beds | 1 Bath | 1,987 Sq Ft | Single Family Home | MLS# 7068685
Is 31149 County Road 40 a Good Deal?
BuyPulse Verdict
Excellent Value
At $176/sqft — This home is priced 22% below the Effie median of $227/sqft.
Powered by the Realgorithm™ — 3 active Effie listings · NorthstarMLS
$2,175/month Estimated
- Principal & interest
- $1,767
- Property taxes
- $197
- Home insurance (est.)
- $204
- Special assessments
- $7
- HOA dues
- None
20% down ($69,900) · 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.
About This Home
Have you dreamed of owning a year round Log home? On Round lake in Northern Minnesota? Check out this hand-scribed Norway Log Home nestled on a nicely wooded one acre parcel with approximately 210' of lake frontage on Round Lake near Effie, MN, which is a short drive from Grand Rapids and Bemidji. Start with the covered wrap around deck then come on in and view the open floor plan dining area, kitchen and living room with vaulted ceiling, wood burning fireplace and door to lakefront deck. The Main Bedroom and bath complete this level. Take the custom log steps to the loft area with plenty of room for sleeping family or guests or take the custom log steps down to the family room, 2nd bedroom with its own free-standing fireplace, laundry/utility area and of course a door walking out to the front yard. This lower level features in-floor heat. Outside you will find steps leading to the shoreline and fire pit area plus there is a large 2 stall garage with metal roof perfect storing your summer/winter toys.
Virtual Tour
Key Features
- Built
- 2004
- Garage
- 2-Car Detached
- Style
- Two
- HOA
- None
- Annual Taxes
- $2,359 (2025)
- Specials/yr
- $81
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,087
- Below Grade Sq Ft
- 900
- Lot Size
- 1.03 acres
- Basement
- Yes
- Roof
- Metal, Pitched
- Construction
- Concrete, Log
- County
- Itasca
- List Date
- 2026-05-08
- Days on Market
- 158 days
- Parcel ID
- 620104106
Financial
- Total Tax incl. Assessments
- $2,440
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Fireplace(s), In-Floor Heating
- Cooling
- Wall Unit(s)
- Electric
- 200+ Amp Service
- Water
- Private
- Sewer
- Private Sewer
- Appliances
- Cooktop, Dryer, Fuel Tank - Rented, Gas Water Heater, Microwave, Refrigerator, Washer
Interior Features
- Laundry
- In Basement, Lower Level
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 900 sqft
- Total Building Area
- 1,987 sqft
Exterior Features
- Exterior Features
- Log
- Pool
- Yes
- Other Structures
- Garage(s)
- View
- Lake
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Driveway - Other Surface
Lot & Land
- Lot Features
- Irregular Lot
- Road Surface
- County Road
- Zoning Description
- Shoreline
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Edina Realty, Inc.
Price History
Listed at $349,500 on May 8, 2026 — No price changes
31149 County Road 40 is listed in Effie, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 31149 County Road 40
Associate Broker · Modern Market REALTORS®
Your Effie real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Edina Realty, Inc. · 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# 7068685 · Data refreshed October 8, 2026
Frequently Asked Questions About 31149 County Road 40
- Is $349,500 a good price for a home in Effie?
- According to BuyPulse, 31149 County Road 40 rates Excellent Value — at $176/sqft it's priced 22% below the Effie median of $227/sqft. Powered by the Realgorithm™. Browse Effie homes for sale to compare.
- What are the special assessments at 31149 County Road 40 — 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 $2,359/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 31149 County Road 40 have a basement?
- Yes, 31149 County Road 40 has a basement with 900 sq ft of below-grade space.
- What type of heating and cooling does 31149 County Road 40 have?
- 31149 County Road 40 has Fireplace(s), In-Floor Heating and Wall Unit(s) cooling.
- Where is 31149 County Road 40 located?
- 31149 County Road 40 is in Effie, MN 56639, in Itasca County.
- Is 31149 County Road 40 still available?
- Yes — 31149 County Road 40 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 31149 County Road 40 built?
- 31149 County Road 40 was built in 2004. It features concrete, log construction and a block foundation.
- Does 31149 County Road 40 have main-floor laundry?
- No — the laundry at 31149 County Road 40 is in the lower level.
- How walkable is 31149 County Road 40?
- 31149 County Road 40 has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 7/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Effie area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 10:29 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.