1989 single family home for sale at 51132 340th St in New York Mills, MN — 4 bed, 2 bath (photo 1 of 58)

51132 340th St, New York Mills, MN 56567

4 Beds | 2 Baths | 3,136 Sq Ft | Single Family Home | MLS# 7033664

$299,000

Is 51132 340th St a Good Deal?

BuyPulse Verdict

Excellent Value

At $95/sqft — This home is priced 53% below the typical New York Mills single-family home of $203/sqft.

Powered by the Realgorithm™ — 10 active New York Mills listings · NorthstarMLS

$1,964/month Estimated

Principal & interest
$1,512
Property taxes
$170
Home insurance (est.)
$174
Special assessments
$108
HOA dues
None

20% down ($59,800) · 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.

New York Mills, MN Pending

About This Home

RENOVATED COUNTRY HOME WITH WOODS & PASTURE! Discover the perfect blend of Privacy & Modern Comfort with this beautifully Renovated Country Home set on 5.46 Acres just 9 minutes from New York Mills. With 3.75 Acres of Mature Woods & Established Trails winding throughout, the property offers a peaceful, secluded setting ideal for exploring, relaxing, and enjoying the outdoors. The open Pasture area provides excellent potential for a Hobby Farm, complete with a Lean-To Shed already in place. Step inside to find a fully updated home offering 4 Beds, 2 Full Baths, and 3,136 SqFt across two levels. The Beautifully Remodeled Kitchen features All-New Appliances, Cabinetry, a Center Island, and a Walk-In Pantry, creating a functional and inviting space for everyday living & entertaining. The Main Level Owner’s Suite includes a Walk-In Closet, Private Balcony, and an adjacent Bonus Room that would make an excellent home office or flex space. Downstairs, the Full Finished Basement offers a spacious Family Room, 2 Bedrooms, Laundry Room, and a Storage Room with direct access to the attached 14x24 Tuck-Under Garage. Additional Renovation Highlights include All-New Flooring throughout, fully Remodeled Bedrooms & Bathrooms, and a Brand-New Septic installed in 2024. With Modern Updates, Functional Land, and Peaceful Rural Surroundings, this property offers an Ideal Setting to enjoy Country Living with Room to Grow!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $224K and $374K in New York Mills:

  • The field: 3 similar New York Mills homes for sale — a short list right now.

Powered by the Realgorithm™ — real New York Mills closings, zero guesses · NorthstarMLS

Key Features

Built
1989
Garage
1-Car Attached
Style
One
HOA
None
Annual Taxes
$2,043.06 (2025)
Specials/yr
$1,301

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,736
Below Grade Sq Ft
1,400
Lot Size
5.46 acres
Basement
Yes
Roof
Asphalt
Construction
Block, Concrete, Frame
County
Otter Tail
List Date
2026-03-09
Days on Market
218 days
Parcel ID
35000010001001

Financial

Total Tax incl. Assessments
$3,344
Specials Pending
No

Home Systems & Utilities

Heating
Forced Air, Fireplace(s), Heat Pump
Cooling
Central Air
Water
4-Inch Submersible, Drilled, Private, Well
Sewer
Mound Septic, Private Sewer, Septic System Compliant - Yes
Appliances
Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Fuel Tank - Rented, Range, Refrigerator, Washer

Interior Features

Laundry
Lower Level, Laundry Room
Fireplace
1 fireplace

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
1,736 sqft
Total Building Area
3,136 sqft

Exterior Features

Exterior Features
Vinyl
Other Structures
Lean-To
Accessibility Features
Other

Parking & Garage

Parking Features
Attached Garage, Tuckunder Garage

Lot & Land

Lot Features
Suitable for Horses, Tillable, Tree Coverage - Medium
Topography
Gently Rolling,Pasture,Wooded
Road Surface
Township
Wooded Area
3.75 acres
Zoning Description
Residential-Single Family

Agent & Office

List Office
Jack Chivers Realty

Price History

Reduced $90,000 (23.1%)

  • Price reduced to $389,000 — Apr 22, 2026
  • Price reduced to $383,500 — Jul 24, 2026
  • Price reduced to $367,000 — Aug 13, 2026
  • Price reduced to $299,000 — Sep 4, 2026

51132 340th St is listed in New York Mills, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 51132 340th St

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your New York Mills real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Jack Chivers Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7033664 · Data refreshed September 24, 2026

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Frequently Asked Questions About 51132 340th St

Is $299,000 a good price for a home in New York Mills?
According to BuyPulse, 51132 340th St rates Excellent Value — at $95/sqft it's priced 53% below the typical New York Mills single-family home of $203/sqft. Powered by the Realgorithm™. Browse New York Mills homes for sale to compare.
What are the special assessments at 51132 340th St — and what do they mean?
This property has $1,301/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 $2,043.06/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 51132 340th St have a basement?
Yes, 51132 340th St has a finished basement with 1,400 sq ft of below-grade space.
What type of heating and cooling does 51132 340th St have?
51132 340th St has Forced Air, Fireplace(s), Heat Pump heating and Central Air cooling.
Where is 51132 340th St located?
51132 340th St is in New York Mills, MN 56567, in Otter Tail County.
Is 51132 340th St still available?
51132 340th St is currently pending. The seller may still accept backup offers — contact us to learn more.
When was 51132 340th St built?
51132 340th St was built in 1989. It features block, concrete, frame construction, an asphalt roof, and a block foundation.
Does 51132 340th St have main-floor laundry?
No — the laundry at 51132 340th St is in the lower level.
How many homes like 51132 340th St are for sale in New York Mills?
3 similar homes (single-family homes between $224K and $374K in New York Mills) are for sale right now — a short list right now.
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

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MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

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