45227 316TH Avenue, Vergas, MN 56587
0 Beds | 1 Bath | 2,250 Sq Ft | Single Family Home | MLS# 7425691
Price Reduced — was $449,000 (↓ $50,000) · M Markdowns
Is 45227 316TH Avenue a Good Deal?
BuyPulse Grade
Well Below Market
At $177/sqft — This home is priced 32% below the typical Vergas single-family home of $260/sqft.
Powered by the Realgorithm™ — 20 active Vergas listings · NorthstarMLS
$2,416/month Estimated
- Principal & interest
- $2,018
- Property taxes
- $165
- Home insurance (est.)
- $233
- HOA dues
- None
20% down ($79,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
50 earns the badge · a typical active home here scores ~0
This home has sat well past the local pace — time is working in a buyer's favor.
- 1095 days on market — more than triple the usual 94 days
- Price cut 11.1% (−$50,000)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 11% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 19 vs 429 NorthstarMLS sales, updated monthly.
How the 0–100 Offer-Ready Score works →
Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.
Located in Loon Lookout, Vergas, MN.
About This Home
Gorgeous Loon Lake! Welcome to a huge 30 x30 shop/ garage! Situated on 1.39 acres with 150 ft. of shoreline on beautiful Loon Lake just outside of Vergas, MN. Could be living area while a cabin was built closer to the lake. The garage shop has a 1000. gal septic tank, deep well, concrete floor heat, drain. Shop area has slider windows , attic storage space, fully foamed making it energy efficient. Seller will consider Contract for Deed, terms negotiable
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $299K and $499K in Vergas:
- The field: 6 similar Vergas homes for sale — a short list right now.
Powered by the Realgorithm™ — real Vergas closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1997
- Above Grade
- 2,250 sq ft
- Lot Size
- 1.52 acres
- Lot Features
- Accessible Shoreline
- Garage
- 3-car (Attached Garage, Floor Drain, Finished Garage, Heated Garage)
- Heating
- Dual Fuel/Off Peak
- Cooling
- None
- Sewer
- Private Sewer
- Water
- Private, Well
- Annual Taxes
- $1,980
- County
- Otter Tail
- Days on Market
- 1095
45227 316TH Avenue is listed in Vergas, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 45227 316TH Avenue
Shannon Barnum
Associate Broker · Modern Market REALTORS®
Your Vergas real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by RE/MAX Legacy 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# 7425691 · Data refreshed July 21, 2026
Similar Homes for Sale Near 45227 316TH Avenue, Vergas, MN
Frequently Asked Questions About 45227 316TH Avenue
- Is $399,000 a good price for a home in Vergas?
- At $177/sqft, this home is priced significantly below the typical Vergas single-family home of $260/sqft (32% lower), according to our BuyPulse comparison of comparable active listings. Browse Vergas homes for sale to compare.
- What type of heating and cooling does 45227 316TH Avenue have?
- 45227 316TH Avenue has Dual Fuel/Off Peak heating and None cooling.
- Where is 45227 316TH Avenue located?
- 45227 316TH Avenue is in the Loon Lookout neighborhood of Vergas, MN 56587, in Otter Tail County.
- Is 45227 316TH Avenue still available?
- Yes — 45227 316TH Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 45227 316TH Avenue built?
- 45227 316TH Avenue was built in 1997. It features an asphalt roof and a slab foundation.
- Does 45227 316TH Avenue have main-floor laundry?
- Yes — the laundry at 45227 316TH Avenue is on the main level.
- How many homes like 45227 316TH Avenue are for sale in Vergas?
- 6 similar homes (single-family homes between $299K and $499K in Vergas) are for sale right now — a short list right now.
- 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 Vergas area.