127 E Summit Avenue, Fergus Falls, MN 56537
4 Beds | 2 Baths | 1,632 Sq Ft | Single Family Home | MLS# 7118533
Is 127 E Summit Avenue a Good Deal?
BuyPulse Verdict
Excellent Value
At $104/sqft — This home is priced 29% below the typical Fergus Falls single-family home of $146/sqft.
Your Negotiating Position
62 — Balanced market
Day 51 — similar homes typically go under contract by day ~7. This one is past that window.
60% of recent sales closed at or over asking — Fergus Falls sellers rarely discount.
14 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 56 active Fergus Falls listings · NorthstarMLS
$1,128/month Estimated
- Principal & interest
- $859
- Property taxes
- $170
- Home insurance (est.)
- $99
- HOA dues
- None
20% down ($33,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in North Division/Fergus Falls, Fergus Falls, MN.
About This Home
Whether you're a first time home buyer or an experienced investor looking for your next opportunity, this move in ready Fergus Falls home deserves a closer look. Situated on a corner lot near Lake Alice, the property features four bedrooms conveniently located on one level, two bathrooms, an attached garage and a deck for outdoor enjoyment. The unfinished basement offers excellent storage. With a convenient location and room to make it your own, this is an opportunity you won't want to miss. Act fast!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $127K and $212K in Fergus Falls:
- The field: 14 similar Fergus Falls homes for sale — you have options.
- Tempo: homes like this went pending in a median 7 days — 4 of the last 8 inside 4 days.
- Negotiation: 60% of the last 20 sales here closed at or over list — Fergus Falls doesn't discount.
Powered by the Realgorithm™ — 20 real Fergus Falls closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1880
- Above Grade
- 1,632 sq ft
- Lot Size
- 0.18 acres
- Lot Features
- Corner Lot
- Garage
- 1-car (Attached Garage, Concrete)
- Heating
- Hot Water
- Cooling
- None
- Basement
- Yes
- Appliances
- Electric Water Heater, Range, Refrigerator
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $2,040
- County
- Otter Tail
- Days on Market
- 51
127 E Summit Avenue is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 127 E Summit Avenue
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# 7118533 · Data refreshed July 31, 2026
Similar Homes for Sale Near 127 E Summit Avenue, Fergus Falls, MN
Frequently Asked Questions About 127 E Summit Avenue
- Is $169,900 a good price for a home in Fergus Falls?
- According to BuyPulse, 127 E Summit Avenue rates Excellent Value — at $104/sqft it's priced 29% below the typical Fergus Falls single-family home of $146/sqft. Its negotiating-position score is 62/100 (Balanced market), weighed on days on market, comparable inventory, and how Fergus Falls homes are closing versus list. Powered by the Realgorithm™. Browse Fergus Falls homes for sale to compare.
- Does 127 E Summit Avenue have a basement?
- Yes, 127 E Summit Avenue has a basement.
- What type of heating and cooling does 127 E Summit Avenue have?
- 127 E Summit Avenue has Hot Water heating and None cooling.
- Where is 127 E Summit Avenue located?
- 127 E Summit Avenue is in the North Division/fergus Falls neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
- Is 127 E Summit Avenue still available?
- Yes — 127 E Summit Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 127 E Summit Avenue built?
- 127 E Summit Avenue was built in 1880. It features frame construction and a other foundation.
- How walkable is 127 E Summit Avenue?
- 127 E Summit Avenue has a Walk Score of 67/100 (Somewhat Walkable) and a Bike Score of 48/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 127 E Summit Avenue are for sale in Fergus Falls?
- 14 similar homes (single-family homes between $127K and $212K in Fergus Falls) are for sale right now — you have options.
- How fast do homes like 127 E Summit Avenue sell in Fergus Falls?
- Homes like this one (single-family homes between $127K and $212K in Fergus Falls) went pending in a median 7 days over the last 90 days — 4 of the last 8 went under contract within 4 days.
- Do homes in Fergus Falls sell for asking price?
- 60% of the last 20 comparable Fergus Falls sales closed at or over list price — Fergus Falls doesn't discount. 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 Fergus Falls area.