51872 Co Hwy 53, Perham, MN 56573
4 Beds | 2 Baths | 1,456 Sq Ft | Single Family Home | MLS# 7106746
Price Reduced — was $429,900 (↓ $5,400) · M Markdowns
Is 51872 Co Hwy 53 a Good Deal?
BuyPulse Verdict
Premium Pricing
At $292/sqft — This home is priced 58% above the typical Perham single-family home of $185/sqft.
Your Negotiating Position
88 — Strong buyer leverage
Day 50 — Perham homes overall typically go under contract by day ~28. This one is past that window.
12 similar homes for sale — alternatives if they won't move.
This seller already cut $5,400 — motivation showing.
Powered by the Realgorithm™ — 37 active Perham listings · NorthstarMLS
$2,709/month Estimated
- Principal & interest
- $2,147
- Property taxes
- $300
- Home insurance (est.)
- $248
- Special assessments
- $14
- HOA dues
- None
20% down ($84,900) · 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
Homes like this one — single-family homes between $318K and $531K in Perham:
- The field: 12 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
- 1992
- Above Grade
- 1,456 sq ft
- Lot Size
- 7.00 acres
- Lot Features
- Tree Coverage - Medium
- Garage
- 2-car (Attached Garage, Gravel)
- Heating
- Forced Air, Radiant
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Dryer, Range, Refrigerator, Washer
- Sewer
- Private Sewer, Tank with Drainage Field
- Water
- 4-Inch Submersible, Drilled, Private, Well
- Annual Taxes
- $3,598
- Special Assessments
- $170
- County
- Otter Tail
- Days on Market
- 50
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 August 16, 2026
Similar Homes for Sale Near 51872 Co Hwy 53, Perham, MN
Frequently Asked Questions About 51872 Co Hwy 53
- Is $424,500 a good price for a home in Perham?
- According to BuyPulse, 51872 Co Hwy 53 rates Premium Pricing — at $292/sqft it's priced 58% above the typical Perham single-family home of $185/sqft. Its negotiating-position score is 88/100 (Strong buyer leverage), 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 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.
- 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 many homes like 51872 Co Hwy 53 are for sale in Perham?
- 12 similar homes (single-family homes between $318K and $531K 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.