447 2nd Ave NE, Perham, MN 56573
3 Beds | 1 Bath | 1,161 Sq Ft | Single Family Home | MLS# 7053411
Is 447 2nd Ave NE a Good Deal?
BuyPulse Verdict
Fair Market Value
At $189/sqft — This home is priced right at the typical Perham single-family home of $185/sqft.
Your Negotiating Position
46 — Balanced market
Day 12 — Perham homes overall typically go under contract by day ~23, so this one is early in its window.
10 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 43 active Perham listings · NorthstarMLS
$1,372/month Estimated
- Principal & interest
- $1,107
- Property taxes
- $130
- Home insurance (est.)
- $128
- Special assessments
- $7
- HOA dues
- None
20% down ($43,800) · 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.
Located in Newcombs 2nd Add, Perham, MN.
About This Home
AFFORDABLE PERHAM STARTER HOME! Located on the northeast side of Perham, just blocks from Main Street, this charming home offers Comfort, Value, and Convenience in a great location. The Oversized Backyard provides plenty of room for a Swing Set, Garden, Outdoor Entertaining, or simply relaxing beneath the shade of Mature Trees. Inside, the home offers 1,782 SqFt across three levels, featuring a functional floorplan and abundant Natural Light throughout. The main level includes a comfortable Living Room, Kitchen, and updated Full Bath, while the upper level offers two spacious bedrooms with ample storage and elevated neighborhood views. Downstairs, the partially finished basement adds valuable flexibility with a Third Bedroom, Laundry/Utility Room, and additional storage. A major highlight is the bright 3-Season Porch/Sunroom overlooking the backyard, creating the perfect setting for morning coffee, casual entertaining, or quiet evenings at home. The Sunroom also serves as a convenient breezeway to the 14x20 Garage, offering excellent space for projects, tools, or extra storage. Whether you’re searching for an Entry-Level Home or a Solid Addition to your Investment Portfolio, this property offers Affordability and Potential in an Excellent Location!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $164K and $274K in Perham:
- The field: 10 similar Perham homes for sale — you have options.
Powered by the Realgorithm™ — real Perham closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1947
- Above Grade
- 1,041 sq ft
- Below Grade
- 120 sq ft
- Lot Size
- 0.16 acres
- Lot Features
- Tree Coverage - Light
- Garage
- 1-car (Attached Garage, Concrete)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Dryer, Electric Water Heater, Freezer, Range, Refrigerator, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $1,557
- Special Assessments
- $85
- County
- Otter Tail
- Days on Market
- 12
447 2nd Ave NE is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 447 2nd Ave 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 Jack Chivers Realty · 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# 7053411 · Data refreshed September 9, 2026
Similar Homes for Sale Near 447 2nd Ave NE, Perham, MN
Frequently Asked Questions About 447 2nd Ave NE
- Is $219,000 a good price for a home in Perham?
- According to BuyPulse, 447 2nd Ave NE rates Fair Market Value — at $189/sqft it's priced right at the typical Perham single-family home of $185/sqft. Its negotiating-position score is 46/100 (Balanced market), weighed on days on market, comparable inventory, and how Perham homes are closing versus list. Powered by the Realgorithm™. Browse Perham homes for sale to compare.
- What are the special assessments at 447 2nd Ave NE — 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 $1,557/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 447 2nd Ave NE have a basement?
- Yes, 447 2nd Ave NE has a basement with 120 sq ft of below-grade space.
- What type of heating and cooling does 447 2nd Ave NE have?
- 447 2nd Ave NE has Forced Air heating and Central Air cooling.
- Where is 447 2nd Ave NE located?
- 447 2nd Ave NE is in the Newcombs neighborhood of Perham, MN 56573, in Otter Tail County.
- Is 447 2nd Ave NE still available?
- Yes — 447 2nd Ave NE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 447 2nd Ave NE built?
- 447 2nd Ave NE was built in 1947. It features block, concrete, frame construction, an asphalt roof, and a block foundation.
- Does 447 2nd Ave NE have main-floor laundry?
- No — the laundry at 447 2nd Ave NE is in the lower level.
- How many homes like 447 2nd Ave NE are for sale in Perham?
- 10 similar homes (single-family homes between $164K and $274K 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.