1955 single family home for sale at 1224 Lake Street in Fergus Falls, MN — 2 bed, 1 bath (photo 1 of 29)

1224 Lake Street, Fergus Falls, MN 56537

2 Beds | 1 Bath | 957 Sq Ft | Single Family Home | MLS# 7071775

$149,900

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.

Fergus Falls, MN Active

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

Take a 3D home tour of this home

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®

Schedule a Home Tour View Full Listing & Photos

MLS# 7071775 · Data refreshed August 13, 2026

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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.