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Just Listed — listed August 21, 2026 · M Premiere
3 Beds | 2 Baths | 1,125 Sq Ft | Single Family Home | MLS# 7130371
Is 509 E Vernon Avenue a Good Deal?
BuyPulse Grade
At Market
At $155/sqft — This home is priced 6% above the typical Fergus Falls single-family home of $146/sqft.
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.
Deciding Week · Day 5 of 7
57% of the last 14 homes like this one went under contract within the first week.
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
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
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $131K and $219K in Fergus Falls:
- The field: 12 similar Fergus Falls homes for sale — you have options.
- Tempo: homes like this went pending in a median 6 days — 7 of the last 14 inside 4 days.
- 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
- Property Type
- Single Family
- Year Built
- 1920
- Above Grade
- 1,125 sq ft
- Lot Size
- 0.11 acres
- Garage
- 1-car (Attached Garage, Gravel)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Range, Refrigerator, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $1,535
- Special Assessments
- $85
- County
- Otter Tail
- Days on Market
- 3
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®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7130371 · Data refreshed August 24, 2026
Similar Homes for Sale Near 509 E Vernon Avenue, Fergus Falls, MN
Frequently Asked Questions About 509 E Vernon Avenue
- Is $174,900 a good price for a home in Fergus Falls?
- At $155/sqft, this home is priced near the typical Fergus Falls single-family home of $146/sqft (6% higher), according to our BuyPulse comparison of comparable active listings. 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.
- 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?
- 12 similar homes (single-family homes between $131K and $219K in Fergus Falls) are for sale right now — you have options.
- How fast do homes like 509 E Vernon Avenue sell in Fergus Falls?
- Homes like this one (single-family homes between $131K and $219K in Fergus Falls) went pending in a median 6 days over the last 90 days — 7 of the last 14 went under contract within 4 days.
- 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.