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2 Beds | 1 Bath | 957 Sq Ft | Single Family Home | MLS# 7071775
Is 1224 Lake Street a Good Deal?
BuyPulse Grade
At Market
At $157/sqft — This home is priced 8% above the typical Fergus Falls single-family home of $146/sqft.
Powered by the Realgorithm™ — 58 active Fergus Falls listings · NorthstarMLS
$1,000/month Estimated
- Principal & interest
- $758
- Property taxes
- $135
- Home insurance (est.)
- $87
- Special assessments
- $20
- HOA dues
- None
20% down ($29,980) · 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 Corliss 2nd Add, Fergus Falls, MN.
About This Home
Charming 2 bed, 1 bath rambler offering true one level living! Features include beautiful hardwood floors, main level laundry, and a 1-stall attached garage for added convenience. The windows have been updated, and the home includes a high efficiency furnace with central air for year-round comfort. Enjoy the nice backyard with space to relax, garden, or entertain. A great option for easy living in a comfortable and well-maintained home.
3D Home Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $112K and $187K in Fergus Falls:
- The field: 8 similar Fergus Falls homes for sale — a short list right now.
- Tempo: homes like this went pending in a median 3 days — 5 of the last 9 inside 4 days.
Powered by the Realgorithm™ — real Fergus Falls closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1955
- Above Grade
- 957 sq ft
- Garage
- 1-car (Attached Garage, Asphalt)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Cooktop, Dryer, Electric Water Heater, Refrigerator, Wall Oven, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $1,615.44
- Special Assessments
- $239
- County
- Otter Tail
- Days on Market
- 104
1224 Lake Street is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1224 Lake Street
Shannon Barnum
Associate Broker · Modern Market REALTORS®
Your Fergus Falls real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Keller Williams Realty Professionals · 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# 7071775 · Data refreshed August 13, 2026
Similar Homes for Sale Near 1224 Lake Street, Fergus Falls, MN
Frequently Asked Questions About 1224 Lake Street
- Is $149,900 a good price for a home in Fergus Falls?
- At $157/sqft, this home is priced near the typical Fergus Falls single-family home of $146/sqft (8% higher), according to our BuyPulse comparison of comparable active listings. Browse Fergus Falls homes for sale to compare.
- What are the special assessments at 1224 Lake Street — and what do they mean?
- This property has $239/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 $1,615.44/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 1224 Lake Street have a basement?
- Yes, 1224 Lake Street has a basement.
- What type of heating and cooling does 1224 Lake Street have?
- 1224 Lake Street has Forced Air heating and Central Air cooling.
- Where is 1224 Lake Street located?
- 1224 Lake Street is in the Corliss neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
- Is 1224 Lake Street still available?
- Yes — 1224 Lake Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1224 Lake Street built?
- 1224 Lake Street was built in 1955. It features frame construction and a block foundation.
- Does 1224 Lake Street have main-floor laundry?
- Yes — the laundry at 1224 Lake Street is on the main level.
- How walkable is 1224 Lake Street?
- 1224 Lake Street has a Walk Score of 31/100 (Car-Dependent) and a Bike Score of 33/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1224 Lake Street are for sale in Fergus Falls?
- 8 similar homes (single-family homes between $112K and $187K in Fergus Falls) are for sale right now — a short list right now.
- How fast do homes like 1224 Lake Street sell in Fergus Falls?
- Homes like this one (single-family homes between $112K and $187K in Fergus Falls) went pending in a median 3 days over the last 90 days — 5 of the last 9 went under contract within 4 days.
- 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 Fergus Falls area.