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3 Beds | 2 Baths | 1,125 Sq Ft | Single Family Home | MLS# 7130371
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.
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: 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
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 September 10, 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?
- 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.
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.