41803 397th St, Perham, MN 56573
Single Family Home for Sale in Perham, MN 4 Beds | 3 Baths | 3,368 Sq Ft
$3,381/month Estimated
- Principal & interest
- $2,862
- Property taxes
- $206
- Home insurance (est.)
- $306
- Special assessments
- $7
- HOA dues
- None
20% down ($105,000) · 30-yr fixed, 7.24%
Try our home affordability calculator
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
About This Home
CUSTOM-BUILT HOME ON 10.72 ACRES! Experience exceptional Privacy, Craftsmanship, and Country Living with this stunning 2017 Custom-Built Home set on 10.72 acres south of Perham. Tucked away on a spacious Double Lot, this property offers Peaceful Seclusion with convenient access to Perham just 9 minutes away. Inside, Thoughtful Craftsmanship and Quality Finishes are found throughout, with 4 Beds, 3 Full Baths, and 3,348 SqFt across two finished levels. The living room features Vaulted Ceilings, abundant Natural Light, and Panoramic Country Views, creating a bright and inviting space to gather. The kitchen is equally impressive, offering an Oversized Island, Custom Cabinetry, pantry, and Stainless-Steel Appliances. Completing the main level, you’ll find a Home Office, guest bedroom, Full Bath, and an Owner’s Suite with a Walk-In Closet & Full Ensuite Bath. Downstairs, the Fully Finished Basement adds excellent versatility with a spacious Family Room, two additional bedrooms, Full Bath, and a Storage/Utility Room featuring Top-Of-The-Line Utility Systems. Not to be overlooked, the attached Heated and Insulated Garage offers an impressive 1,216 SqFt for vehicles, equipment, storage, and projects. With Quality Craftsmanship, Functional Acreage, and a Peaceful Rural Setting, this property offers Ideal Country Living just minutes from Perham!
BuyPulse · Live market read
How 41803 397th St Compares to the Perham Market
At $156/sqft, this home is priced $23/sqft below the typical Perham single-family home of $179/sqft.
The median list price in Perham is $369,500.
Verdict: Strong Value
Homes like this one — single-family homes between $394K and $656K 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 $15,000. This one hasn't budged.
- 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
- 2017
- Garage
- 3-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $2,477 (2026)
- Specials/yr
- $85
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,688
- Below Grade Sq Ft
- 1,680
- Lot Size
- 10.72 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Concrete, Frame, ICFs (Insulated Concrete Forms)
- County
- Otter Tail
- List Date
- 2026-08-02
- Days on Market
- 102 days
- Parcel ID
- 53000050029002
Financial
- Total Tax incl. Assessments
- $2,562
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Boiler, Forced Air, In-Floor Heating
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Water
- 4-Inch Submersible, Drilled, Private, Well
- Sewer
- Mound Septic, Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Appliances
- Air-To-Air Exchanger, Dishwasher, Dryer, Electric Water Heater, Freezer, Fuel Tank - Owned, Humidifier, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Washer
Interior Features
- Laundry
- Laundry Room, Main Level, Sink
Construction & Exterior
Construction & Structure
- Foundation Type
- ICFs (Insulated Concrete Forms), Poured Concrete
- Foundation Area
- 1,668 sqft
- Total Building Area
- 3,348 sqft
Exterior Features
- Exterior Features
- Vinyl
- Accessibility Features
- Other
Parking & Garage
- Parking Features
- Attached Garage, Gravel, Floor Drain, Finished Garage, Insulated Garage, Storage
Lot & Land
- Lot Features
- Suitable for Horses, Tree Coverage - Medium
- Topography
- Level,Pasture
- Road Surface
- Township
- Wooded Area
- 0.6 acres
- Zoning Description
- Lot,Residential-Single Family
Agent & Office
- List Office
- Jack Chivers Realty
Price History
Listed at $525,000 on Aug 2, 2026 — No price changes
41803 397th St is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 41803 397th St
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 Jack Chivers Realty · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7116925 · Updated October 27, 2026
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Frequently Asked Questions About 41803 397th St
- Is $525,000 a good price for a home in Perham?
- According to BuyPulse, 41803 397th St rates Strong Value — at $156/sqft it's priced 13% below the typical Perham single-family home of $179/sqft. Powered by the Realgorithm™. Browse Perham homes for sale to compare.
- What are the special assessments at 41803 397th St — 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 $2,477/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 41803 397th St have a basement?
- Yes, 41803 397th St has a finished basement with 1,680 sq ft of below-grade space.
- What type of heating and cooling does 41803 397th St have?
- 41803 397th St has Boiler, Forced Air, In-Floor Heating and Central Air cooling.
- Where is 41803 397th St located?
- 41803 397th St is in Perham, MN 56573, in Otter Tail County.
- Is 41803 397th St still available?
- Yes — 41803 397th St is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 41803 397th St built?
- 41803 397th St was built in 2017. It features concrete, frame, icfs (insulated concrete forms) construction, an asphalt roof, and a icfs (insulated concrete forms), poured concrete foundation.
- Does 41803 397th St have main-floor laundry?
- Yes — the laundry at 41803 397th St is on the main level.
- How many homes like 41803 397th St are for sale in Perham?
- 11 similar homes (single-family homes between $394K and $656K in Perham) are for sale right now — you have options.
- 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 11/12/2026, 1:53 PM CST. 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.