1005 8th Avenue NE, Perham, MN 56573
3 Beds | 2 Baths | 1,534 Sq Ft | Single Family Home | MLS# 7057313
$2,783/month Estimated
- Principal & interest
- $1,916
- Property taxes
- $224
- Home insurance (est.)
- $221
- Special assessments
- $422 + pending
- HOA dues
- None
20% down ($75,800) · 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 Construction
Located in Prairies Edge Second Add, Perham, MN.
About This Home
New Construction in Perham that's move in ready! Contract For Deed Available for this Quality built home in well developed neighborhood. 3 Bedroom, 2 bath home on slab with open floor plan, kitchen island, patio doors leading to the backyard. Nice, bright interior finishes. Attached 2 car garage. Upgrades included: insulated and sheetrocked garage, Yard is seeded and has lawn irrigation($12,000 Value). 2" slab insulation ($8,000 value). This development connects via walking/biking path to the City of Perham's walking/biking trails, pickle balls courts, softball fields, dog park, and 27 hole golf course. TIF financing available to those who qualify to reduce special assessments.
BuyPulse · Live market read
Is 1005 8th Avenue NE a Good Deal?
At $247/sqft, this home is priced $7/sqft above the typical Perham new-construction single-family home of $240/sqft.
New construction in Perham runs about 39% above comparable resale homes (~$173/sqft).
The median list price in Perham is $369,700.
Verdict: Fair Market Value
Homes like this one — new-construction single-family homes between $284K and $474K in Perham:
- The field: 5 similar Perham homes for sale — a short list right now.
- Price cuts: none of the 5 similar homes have trimmed asking yet. This one hasn't budged — builder pricing usually doesn't. Negotiate upgrades and closing costs instead.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Perham closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2024
- Garage
- 2-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $2,689.72 (2026)
- Specials/yr
- $5,058 + pending
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,534
- Lot Size
- 0.243 acres
- Basement
- No
- Roof
- Asphalt
- Construction
- Frame
- County
- Otter Tail
- List Date
- 2026-04-15
- Days on Market
- 185 days
- Parcel ID
- 77000991623000
Financial
- Total Tax incl. Assessments
- $7,748
- Specials Pending
- Yes
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Air-To-Air Exchanger, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Interior Features
- Laundry
- Laundry Room
Construction & Exterior
Construction & Structure
- New Construction
- Yes
- Foundation Type
- Slab
- Foundation Area
- 1,534 sqft
- Total Building Area
- 1,534 sqft
Exterior Features
- Exterior Features
- Stone, Vinyl
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Coldwell Banker Preferred Partners
Price History
Listed at $379,000 on Apr 15, 2026 — No price changes
1005 8th Avenue NE is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1005 8th Avenue NE
Associate Broker · Modern Market REALTORS®
Your Perham real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Coldwell Banker Preferred Partners · 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# 7057313 · Data refreshed August 1, 2026
Similar Homes for Sale Near 1005 8th Avenue NE, Perham, MN
Frequently Asked Questions About 1005 8th Avenue NE
- Is $379,000 a good price for a home in Perham?
- According to BuyPulse, 1005 8th Avenue NE rates Fair Market Value — at $247/sqft it's priced right at the typical Perham new-construction single-family home of $240/sqft. New construction in Perham runs about 39% above comparable resale homes (~$173/sqft). Powered by the Realgorithm™. Browse Perham homes for sale to compare.
- What are the special assessments at 1005 8th Avenue NE — and what do they mean?
- This property has $5,058/yr in annual special assessments with additional 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 $2,689.72/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.
- What type of heating and cooling does 1005 8th Avenue NE have?
- 1005 8th Avenue NE has Forced Air heating and Central Air cooling.
- Where is 1005 8th Avenue NE located?
- 1005 8th Avenue NE is in the Prairies Edge neighborhood of Perham, MN 56573, in Otter Tail County.
- Is 1005 8th Avenue NE still available?
- Yes — 1005 8th Avenue NE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1005 8th Avenue NE built?
- 1005 8th Avenue NE was built in 2024. It features frame construction, an asphalt roof, and a slab foundation.
- How walkable is 1005 8th Avenue NE?
- 1005 8th Avenue NE has a Walk Score of 11/100 (Car-Dependent) and a Bike Score of 40/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1005 8th Avenue NE are for sale in Perham?
- 5 similar homes (new-construction single-family homes between $284K and $474K in Perham) 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
From inspection to closing to moving day, here are well-known local companies serving the Perham area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/17/2026, 6:09 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.
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