51872 Co Hwy 53, Perham, MN 56573
4 Beds | 2 Baths | 1,456 Sq Ft | Single Family Home | MLS# 7106746
Price Reduced — was $424,500 (↓ $17,500) · M Markdowns
$2,609/month Estimated
- Principal & interest
- $2,058
- Property taxes
- $300
- Home insurance (est.)
- $237
- Special assessments
- $14
- HOA dues
- None
20% down ($81,400) · 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
RURAL LIVING ON 7 ACRES! Enjoy the perfect blend of Privacy, Space, and Convenience with this 4 Bed, 2 Bath Home set on a beautifully wooded 7-Acre Property just 15 minutes from Perham. With Paved Roads all the way, getting to town is as easy as it gets — while still enjoying true Rural Living. Designed for comfortable One-Level Living, the Main Floor includes a spacious Primary Bedroom with a Full Ensuite Bath and Double Sink, plus Two Additional Bedrooms and a Second Full Bath. The Lower Level offers even more potential with a Full Basement and a Recently Finished 4th Bedroom. An attached 26x28 Garage provides great storage and everyday convenience. A Private, Wooded setting paired with Quick access to Perham makes this the ideal blend of Comfort and Convenience.
BuyPulse · Live market read
Is 51872 Co Hwy 53 a Good Deal?
At $280/sqft, this home is priced $107/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 $305K and $509K in Perham:
- The field: 13 similar Perham homes for sale — you have options.
- Price cuts: 8 of 13 similar homes have trimmed asking — median trim $6,250. This one already cut $17,500.
- 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
- 1992
- Garage
- 2-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $3,598 (2025)
- Specials/yr
- $170
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,456
- Lot Size
- 7 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Block, Concrete, Frame
- County
- Otter Tail
- List Date
- 2026-07-13
- Days on Market
- 96 days
- Parcel ID
- 12000020014000LotA2
Financial
- Total Tax incl. Assessments
- $3,768
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air, Radiant
- Cooling
- Central Air
- Water
- 4-Inch Submersible, Drilled, Private, Well
- Sewer
- Private Sewer, Tank with Drainage Field
- Appliances
- Dryer, Range, Refrigerator, Washer
Interior Features
- Laundry
- In Hall, Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,456 sqft
- Total Building Area
- 2,912 sqft
Exterior Features
- Exterior Features
- Vinyl
- Accessibility Features
- Other
Parking & Garage
- Parking Features
- Attached Garage, Gravel
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Topography
- Pasture,Wooded
- Road Surface
- County Road
- Wooded Area
- 4 acres
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Jack Chivers Realty
Price History
Reduced $17,500 (4.1%)
- Price reduced to $424,500 — Aug 16, 2026
- Price reduced to $407,000 — Sep 25, 2026
51872 Co Hwy 53 is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 51872 Co Hwy 53
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# 7106746 · Data refreshed September 25, 2026
Similar Homes for Sale Near 51872 Co Hwy 53, Perham, MN
Frequently Asked Questions About 51872 Co Hwy 53
- Is $407,000 a good price for a home in Perham?
- According to BuyPulse, 51872 Co Hwy 53 rates Premium Pricing — at $280/sqft it's priced 62% 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 51872 Co Hwy 53 — and what do they mean?
- This property has $170/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 $3,598/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 51872 Co Hwy 53 have a basement?
- Yes, 51872 Co Hwy 53 has a basement.
- What type of heating and cooling does 51872 Co Hwy 53 have?
- 51872 Co Hwy 53 has Forced Air, Radiant heating and Central Air cooling.
- Where is 51872 Co Hwy 53 located?
- 51872 Co Hwy 53 is in Perham, MN 56573, in Otter Tail County.
- Is 51872 Co Hwy 53 still available?
- Yes — 51872 Co Hwy 53 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 51872 Co Hwy 53 built?
- 51872 Co Hwy 53 was built in 1992. It features block, concrete, frame construction, an asphalt roof, and a block foundation.
- Does 51872 Co Hwy 53 have main-floor laundry?
- Yes — the laundry at 51872 Co Hwy 53 is on the main level.
- How walkable is 51872 Co Hwy 53?
- 51872 Co Hwy 53 has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 26/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 51872 Co Hwy 53 are for sale in Perham?
- 13 similar homes (single-family homes between $305K and $509K 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.