1920 single family home for sale at 509 E Vernon Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 1 of 30)

509 E Vernon Avenue, Fergus Falls, MN 56537

3 Beds | 2 Baths | 1,125 Sq Ft | Single Family Home | MLS# 7130371

$174,900

Is 509 E Vernon Avenue a Good Deal?

BuyPulse Verdict

Premium Pricing

At $155/sqft — This home is priced 12% above the typical Fergus Falls single-family home of $139/sqft.

Your Negotiating Position

66 — Strong buyer leverage

Day 52 — Fergus Falls homes overall typically go under contract by day ~21. This one is past that window.

72% of recent sales closed at or over asking — Fergus Falls sellers rarely discount.

16 similar homes for sale — alternatives if they won't move.

Powered by the Realgorithm™ — 58 active Fergus Falls listings · NorthstarMLS

$1,121/month Estimated

Principal & interest
$884
Property taxes
$128
Home insurance (est.)
$102
Special assessments
$7
HOA dues
None

20% down ($34,980) · 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 Cutlers 3rd Add, Fergus Falls, MN.

About This Home

This charming 1920-built, one-and-a-half-story home has been thoughtfully refreshed while still keeping much of its original character. As you step inside, you’re greeted by beautifully refinished original maple floors. The main level features a bright living room, spacious dining area, and a galley-style kitchen with plenty of cabinet and countertop space, a cozy breakfast nook, and a newer dishwasher. You’ll also find a main-floor bedroom and three-quarter bath with a walk-in shower. Upstairs are two additional bedrooms and an updated full bathroom featuring the original clawfoot tub. The lower level offers a well-lit unfinished basement with laundry, mechanicals, and plenty of additional storage. Out back, you’ll find an oversized 15-by-27 single-stall garage, newly built in 2020, with extra room for storage and convenient alley access. Other highlights include a refreshed exterior, updated landscaping, a newer roof, central air, and a great location just blocks from parks, schools, healthcare, downtown, and other local amenities. Agent/owner.

3D Home Tour

Take a 3D home tour of this home

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $131K and $219K in Fergus Falls:

  • The field: 16 similar Fergus Falls homes for sale — you have options.
  • Negotiation: 72% of the last 18 sales here closed at or over list — Fergus Falls doesn't discount.

Powered by the Realgorithm™ — 18 real Fergus Falls closings, zero guesses · NorthstarMLS

Key Features

Built
1920
Garage
1-Car Attached
Style
One and One Half
HOA
None
Annual Taxes
$1,535 (2026)
Specials/yr
$85

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,125
Lot Size
0.11 acres
Basement
Yes
Roof
Asphalt
Construction
Frame
County
Otter Tail
List Date
2026-08-21
Days on Market
52 days
Parcel ID
71001990312000

Financial

Total Tax incl. Assessments
$1,620
Specials Pending
No

Home Systems & Utilities

Heating
Forced Air
Cooling
Central Air
Electric
100 Amp Service
Water
City Water/Connected
Sewer
City Sewer/Connected
Appliances
Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Range, Refrigerator, Washer

Interior Features

Laundry
In Basement, Electric Dryer Hookup, Washer Hookup

Construction & Exterior

Construction & Structure

Foundation Type
Poured Concrete
Foundation Area
702 sqft
Total Building Area
1,827 sqft

Exterior Features

Exterior Features
Engineered Wood, Steel Siding
Fenced Area
Yes
Accessibility Features
None

Parking & Garage

Parking Features
Attached Garage, Gravel

Lot & Land

Road Surface
City Street, Sidewalks
Zoning Description
Residential-Single Family

Agent & Office

List Office
Andrew Yaggie Real Estate

Price History

Listed at $174,900 on Aug 21, 2026 — No price changes

509 E Vernon Avenue is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 509 E Vernon Avenue

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 Andrew Yaggie Real Estate · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7130371 · Data refreshed September 10, 2026

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Frequently Asked Questions About 509 E Vernon Avenue

Is $174,900 a good price for a home in Fergus Falls?
According to BuyPulse, 509 E Vernon Avenue rates Premium Pricing — at $155/sqft it's priced 12% above the typical Fergus Falls single-family home of $139/sqft. Its negotiating-position score is 66/100 (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.
What are the special assessments at 509 E Vernon Avenue — and what do they mean?
This property has $85/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 $1,535/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 509 E Vernon Avenue have a basement?
Yes, 509 E Vernon Avenue has a basement.
What type of heating and cooling does 509 E Vernon Avenue have?
509 E Vernon Avenue has Forced Air heating and Central Air cooling.
Where is 509 E Vernon Avenue located?
509 E Vernon Avenue is in the Cutlers neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
Is 509 E Vernon Avenue still available?
Yes — 509 E Vernon Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 509 E Vernon Avenue built?
509 E Vernon Avenue was built in 1920. It features frame construction, an asphalt roof, and a poured concrete foundation.
Does 509 E Vernon Avenue have main-floor laundry?
No — the laundry at 509 E Vernon Avenue is in the lower level.
How walkable is 509 E Vernon Avenue?
509 E Vernon Avenue has a Walk Score of 42/100 (Car-Dependent) and a Bike Score of 38/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 509 E Vernon Avenue are for sale in Fergus Falls?
16 similar homes (single-family homes between $131K and $219K in Fergus Falls) are for sale right now — you have options.
Do homes in Fergus Falls sell for asking price?
72% of the last 18 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.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/12/2026, 9:58 PM 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.