16990 River Oaks Boulevard, Fergus Falls, MN 56537
3 Beds | 2 Baths | 2,254 Sq Ft | Single Family Home | MLS# 7072649
Price Drop on M Markdowns — was $325,000 (↓ $15,000)
Is 16990 River Oaks Boulevard a Good Deal?
BuyPulse Verdict
Fair Market Value
At $138/sqft — This home is priced right at the typical Fergus Falls single-family home of $138/sqft.
Your Negotiating Position
86 — Strong buyer leverage
Day 149 — similar homes typically go under contract by day ~30. This one is past that window.
44% of recent sales closed at or over asking — about half hold full price.
19 similar homes for sale — alternatives if they won't move.
This seller already cut $15,000 — motivation showing.
Powered by the Realgorithm™ — 57 active Fergus Falls listings · NorthstarMLS
$1,858/month Estimated
- Principal & interest
- $1,568
- Property taxes
- $109
- Home insurance (est.)
- $181
- HOA dues
- None
20% down ($62,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
50 earns the badge · a typical active home here scores ~12
This home has sat well past the local pace — time is working in a buyer's favor.
- 149 days on market — more than double the usual 57 days
- Price cut 4.6% (−$15,000)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 12% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 79 vs 998 NorthstarMLS sales, updated monthly.
How the 0–100 Offer-Ready Score works →
Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.
Located in River Oaks, Fergus Falls, MN.
About This Home
Experience the perfect blend of privacy, space, and scenic beauty at this stunning River Oaks property situated on .86 acres in one of Fergus Falls’ most desirable settings. This 3-bedroom, 2-bath home offers an incredible layout with room to add an additional bedroom, making it ideal for growing needs or flexible living space. The finished walk-out lower level provides a seamless connection to the outdoors and is perfect for entertaining or relaxing while enjoying the peaceful surroundings. Car enthusiasts, hobbyists, or those needing extra storage will appreciate the heated 3-stall attached garage plus an additional tuck-under one-stall garage at the rear of the home. Major updates include a brand new septic system installed just 3 years ago for added peace of mind. From the beautiful setting to the spacious design and hard-to-find garage space, this property offers the lifestyle buyers have been waiting for.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $233K and $388K in Fergus Falls:
- The field: 19 similar Fergus Falls homes for sale — you have options.
- Tempo: homes like this went pending in a median 30 days — 3 of the last 14 inside 4 days.
- Negotiation: 44% of the last 25 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 25 real Fergus Falls closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1978
- Garage
- 4-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $1,302 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,200
- Below Grade Sq Ft
- 1,054
- Lot Size
- 0.86 acres
- Basement
- Yes
- County
- Otter Tail
- List Date
- 2026-05-17
- Days on Market
- 149 days
- Parcel ID
- 06000990291000
Financial
- Total Tax incl. Assessments
- $1,302
Home Systems & Utilities
- Heating
- Baseboard, Forced Air
- Cooling
- Ductless Mini-Split
- Water
- Well
- Sewer
- Septic System Compliant - Yes
Interior Features
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,200 sqft
- Total Building Area
- 2,400 sqft
Exterior Features
- Exterior Features
- Vinyl
- Other Structures
- Storage Shed
- Accessibility Features
- Other
Parking & Garage
- Parking Features
- Attached Garage, Tuckunder Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- RE/MAX Advantage Plus
Price History
Reduced $15,000 (4.6%)
- Price reduced to $325,000 — Aug 7, 2026
- Price reduced to $310,000 — Oct 10, 2026
16990 River Oaks Boulevard is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 16990 River Oaks Boulevard
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 RE/MAX Advantage Plus · 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# 7072649 · Data refreshed October 10, 2026
Similar Homes for Sale Near 16990 River Oaks Boulevard, Fergus Falls, MN
- 24514 N Wall Lake Drive — $285,900 · 2 bed · 1 bath
- 819 S Martin Street — $285,000 · 3 bed · 2 bath
- 24932 Wall Lake Point Circle — $269,900 · 3 bed · 2 bath
- 1850 Deer Valley Road — $259,900 · 3 bed · 3 bath
- 315 N Concord Street — $259,900 · 4 bed · 2 bath
- 412 E Everett Avenue — $249,900 · 4 bed · 2 bath
Frequently Asked Questions About 16990 River Oaks Boulevard
- Is $310,000 a good price for a home in Fergus Falls?
- According to BuyPulse, 16990 River Oaks Boulevard rates Fair Market Value — at $138/sqft it's priced right at the typical Fergus Falls single-family home of $138/sqft. Its negotiating-position score is 86/100 (Strong buyer leverage), 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 16990 River Oaks Boulevard have a basement?
- Yes, 16990 River Oaks Boulevard has a finished basement with 1,054 sq ft of below-grade space.
- What type of heating and cooling does 16990 River Oaks Boulevard have?
- 16990 River Oaks Boulevard has Baseboard, Forced Air heating and Ductless Mini-Split cooling.
- Where is 16990 River Oaks Boulevard located?
- 16990 River Oaks Boulevard is in the River Oaks neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
- Is 16990 River Oaks Boulevard still available?
- Yes — 16990 River Oaks Boulevard is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 16990 River Oaks Boulevard built?
- 16990 River Oaks Boulevard was built in 1978. It features a block foundation.
- How walkable is 16990 River Oaks Boulevard?
- 16990 River Oaks Boulevard has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 20/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 16990 River Oaks Boulevard are for sale in Fergus Falls?
- 19 similar homes (single-family homes between $233K and $388K in Fergus Falls) are for sale right now — you have options.
- How fast do homes like 16990 River Oaks Boulevard sell in Fergus Falls?
- Homes like this one (single-family homes between $233K and $388K in Fergus Falls) went pending in a median 30 days over the last 90 days — 3 of the last 14 went under contract within 4 days.
- Do homes in Fergus Falls sell for asking price?
- 44% of the last 25 comparable Fergus Falls sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 7:33 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.