447 2nd Ave NE, Perham, MN 56573
Single Family Home for Sale in Perham, MN 3 Beds | 1 Bath | 1,161 Sq Ft
$1,459/month Estimated
- Principal & interest
- $1,194
- Property taxes
- $130
- Home insurance (est.)
- $128
- Special assessments
- $7
- HOA dues
- None
20% down ($43,800) · 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.
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
How 447 2nd Ave NE Compares to the Perham Market
At $189/sqft, this home is priced $10/sqft above the typical Perham single-family home of $179/sqft.
The median list price in Perham is $369,500.
Verdict: Fair Market Value
Homes like this one — single-family homes between $164K and $274K in Perham:
- The field: 7 similar Perham homes for sale — a short list right now.
- Price cuts: 5 of 7 similar homes have trimmed asking — median trim $10,000. 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
- 1947
- Garage
- 1-Car Attached
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $1,557 (2026)
- Specials/yr
- $85
Neighborhood & Schools
- Neighborhood
- Newcombs
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,041
- Below Grade Sq Ft
- 120
- Lot Size
- 0.164 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Block, Concrete, Frame
- County
- Otter Tail
- List Date
- 2026-09-08
- Days on Market
- 65 days
- Parcel ID
- 77000990375000
Financial
- Total Tax incl. Assessments
- $1,642
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dryer, Electric Water Heater, Freezer, Range, Refrigerator, Washer
Interior Features
- Laundry
- Lower Level, Laundry Room, Sink
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 741 sqft
- Total Building Area
- 1,782 sqft
Exterior Features
- Exterior Features
- Wood
- Fenced Area
- Yes
- Other Structures
- Garage(s)
- Accessibility Features
- Other
Parking & Garage
- Parking Features
- Attached Garage, Concrete
Lot & Land
- Lot Features
- Tree Coverage - Light
- Road Surface
- City Street, Paved Streets, Sidewalks
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Jack Chivers Realty
Price History
Listed at $219,000 on Sep 8, 2026 — No price changes
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 · Updated September 29, 2026
Similar Homes for Sale Near 447 2nd Ave NE, Perham, MN
- 452 4th St NW — $249,000 · 3 bed · 2 bath
- 525 3rd St SE — $215,000 · 2 bed · 2 bath
- 331 4th Avenue SW — $205,000 · 2 bed · 2 bath
- 434 5th Street SW — $209,900 · 5 bed · 3 bath
- 411 6th Avenue SW — $240,000 · 3 bed · 3 bath
- 612 5th Avenue SW — $279,900 · 4 bed · 2 bath
- 45161 County Highway 8 — $274,900 · 2 bed · 3 bath
- 42269 State Hwy 78 — $264,900 · 3 bed · 2 bath
- 41474 460th Street — $199,000 · 2 bed · 2 bath
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 6% above 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 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.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
- 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?
- 7 similar homes (single-family homes between $164K and $274K 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 11/12/2026, 2:22 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.
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