39511 460th Avenue, Perham, MN 56573
3 Beds | 1 Bath | 1,344 Sq Ft | Single Family Home | MLS# 7069348
Price Reduced — was $299,900 (↓ $10,000) · M Markdowns
$1,775/month Estimated
- Principal & interest
- $1,466
- Property taxes
- $133
- Home insurance (est.)
- $169
- Special assessments
- $7
- HOA dues
- None
20% down ($57,980) · 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.
About This Home
If you've been watching this property, now is the time to take another look! We've just reduced the price on this beautiful riverfront property to $289,900! This unique property makes you slow down and imagine what life could look like here. Wake up to the sounds of nature, enjoy evenings along the river, and take in the changing scenery from your own private retreat. Whether you're looking for a full-time residence, a peaceful getaway, a place to reconnect with the outdoors, or a future building site, this rare Otter Tail River property offers a unique opportunity to own acreage and beautiful waterfront. Important updates add peace of mind including a newer septic system and updated 200-amp electrical services. A 4 stall garage gives you plenty of room for vehicles, boats, recreational toys and storage. Now offered at $289,900—come experience the beauty, tranquility, and endless possibilities this exceptional riverfront property has to offer!
BuyPulse · Live market read
Is 39511 460th Avenue a Good Deal?
At $216/sqft, this home is priced $43/sqft above the typical Perham single-family home of $173/sqft.
The median list price in Perham is $369,700.
Verdict: Premium Pricing
Homes like this one — single-family homes between $217K and $362K in Perham:
- The field: 11 similar Perham homes for sale — you have options.
- Price cuts: 7 of 11 similar homes have trimmed asking — median trim $10,000. This one already cut $10,000.
- 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
- 1970
- Garage
- 4-Car Detached
- Style
- One
- HOA
- None
- Annual Taxes
- $1,601 (2025)
- Specials/yr
- $85
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,344
- Lot Size
- 1.86 acres
- Basement
- No
- Roof
- Age Over 8 Years, Asphalt
- County
- Otter Tail
- List Date
- 2026-05-08
- Days on Market
- 162 days
- Parcel ID
- 47000060039009
Financial
- Total Tax incl. Assessments
- $1,686
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Electric
- 200+ Amp Service
- Water
- Well
- Sewer
- Mound Septic
- Appliances
- Dryer, Microwave, Range, Refrigerator, Washer
Interior Features
- Laundry
- Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,344 sqft
- Total Building Area
- 1,344 sqft
Exterior Features
- Exterior Features
- Vinyl
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Trilogy Real Estate
Price History
Reduced $24,100 (7.7%)
- Price reduced to $314,000 — Jun 25, 2026
- Price reduced to $299,900 — Jul 24, 2026
- Price reduced to $289,900 — Aug 11, 2026
39511 460th Avenue is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 39511 460th Avenue
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 Trilogy 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# 7069348 · Data refreshed October 15, 2026
Similar Homes for Sale Near 39511 460th Avenue, Perham, MN
Frequently Asked Questions About 39511 460th Avenue
- Is $289,900 a good price for a home in Perham?
- According to BuyPulse, 39511 460th Avenue rates Premium Pricing — at $216/sqft it's priced 25% above the typical Perham single-family home of $173/sqft. Powered by the Realgorithm™. Browse Perham homes for sale to compare.
- What are the special assessments at 39511 460th 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 $1,601/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 39511 460th Avenue have?
- 39511 460th Avenue has Forced Air heating and Window Unit(s) cooling.
- Where is 39511 460th Avenue located?
- 39511 460th Avenue is in Perham, MN 56573, in Otter Tail County.
- Is 39511 460th Avenue still available?
- Yes — 39511 460th Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 39511 460th Avenue built?
- 39511 460th Avenue was built in 1970. It features a block foundation.
- Does 39511 460th Avenue have main-floor laundry?
- Yes — the laundry at 39511 460th Avenue is on the main level.
- How walkable is 39511 460th Avenue?
- 39511 460th Avenue has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 27/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 39511 460th Avenue are for sale in Perham?
- 11 similar homes (single-family homes between $217K and $362K in Perham) are for sale right now — you have options.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- 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.
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.