41803 397th St, Perham, MN 56573
Just Listed — listed August 2, 2026 · M Premiere
4 Beds | 3 Baths | 3,368 Sq Ft | Single Family Home | MLS# 7116925
BuyPulse Grade
Well Below Market
At $156/sqft — This home is priced 30% below the typical Perham single-family home of $222/sqft.
Powered by the Realgorithm™ — 43 active Perham listings · NorthstarMLS
$3,174/month Estimated
- Principal & interest
- $2,655
- Property taxes
- $206
- Home insurance (est.)
- $306
- Special assessments
- $7
- HOA dues
- None
20% down ($105,000) · 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.
Deciding Week · Day 4 of 7
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
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
Homes like this one — single-family homes between $394K and $656K in Perham:
- The field: 9 similar Perham homes for sale — a short list right now.
Powered by the Realgorithm™ — real Perham closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 2017
- Above Grade
- 1,688 sq ft
- Below Grade
- 1,680 sq ft
- Lot Size
- 10.72 acres
- Lot Features
- Suitable for Horses, Tree Coverage - Medium
- Garage
- 3-car (Attached Garage, Gravel, Floor Drain, Finished Garage, Insulated Garage, Storage)
- Heating
- Boiler, Forced Air, In-Floor Heating
- Cooling
- Central Air
- Basement
- Finished
- 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
- Sewer
- Mound Septic, Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Water
- 4-Inch Submersible, Drilled, Private, Well
- Annual Taxes
- $2,477
- Special Assessments
- $85
- County
- Otter Tail
- Days on Market
- 3
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
Shannon Barnum
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®
Buying a home in Perham? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7116925 · Data refreshed August 4, 2026
More Homes for Sale in Perham, MN
Frequently Asked Questions About 41803 397th St
- Is $525,000 a good price for a home in Perham?
- At $156/sqft, this home is priced significantly below the typical Perham single-family home of $222/sqft (30% lower), according to our BuyPulse comparison of comparable active listings. 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.
- 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?
- 9 similar homes (single-family homes between $394K and $656K in Perham) are for sale right now — a short list right now.
- What does "M Premiere" mean?
- M Premiere is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
- 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.