Lori Gustafson

41474 460th Street

Perham, MN
$ 199,000 Beds 2 Baths 2 Sq 1,532
Monthly Estimate* How much can I afford?

New Home on Schuster Lake with views that steal the show. Every evening feels like a painting as the sun drops over the water, creating a backdrop that never gets old. This solid block home offers a strong foundation and the perfect canvas for your vision, like a work of art waiting for the final brushstrokes to bring it to life. The setting is already masterpiece-level. Now it is your turn to add the detail and make it your dream lake home. Conveniently located just a short drive to Perham, Vergas, and Detroit Lakes. Come experience the potential for yourself. This home will need a new roof.

Single Family

  • Price
  • $ 199,000
  • City
  • Perham
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • OTTER TAIL
  • Half Bathrooms
  • 0
  • Area
  • W Life Estate
  • Lot Size
  • 5.67 Acres
  • Zip
  • 56573
  • Sqr Footage
  • 1,532
  • Year Built
  • 1960
  • Taxes
  • $ 1143
  • Style
  • Single Family
  • MLS#
  • 7067028
Listed By: eXp Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1532
Sewer Private Sewer
Heating Forced Air
Cooling None
Garage Spaces 2
Year Built 1960
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Otter Tail
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name W Life Estate
Full Baths 1
Directions From Perham,west on Hwy 10 to 460th St.
City Perham
High School District Perham-Dent
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1143.12
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Perham

Interior Features

Basement Block
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1032
3/4 Baths 1
Total Bedrooms 2
Below Grade Finished Area 500
Total Baths 2
Foundation Dimensions 60 x 30
Fuel Propane
Garage Dimensions 24 24
Garage Square Feet 576

Exterior Features

Parking Features Attached Garage,Gravel
Water Source Well
Lot Size Area 5.67
Building Area Total 2832
Lot Dimensions 390 x 359.40
Waterfront Y/N No
Foundation Area 1800

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/4/2026 Listed $250,000
6/20/2026 10% - $225,000
8/27/2026 12% - $199,000

Property vs Zip Code Average in 56573

Price
AVG $1.14M
$200K
Taxes
AVG $4,690
$1,143
Year Built
AVG 1986
1960
Visits
AVG 73
148
Data Provided by Inside Real Estate®

Areas That We Cover

41474 460th Street Perham, MN is a Single Family Home for sale at $199000 with 1532 sqft and a lot size of 5.67 Acres Acre(s). 41474 460th Street Perham has 2 bedrooms, 2 baths and was built in 1960. The property's zip code is 56573 which is in Perham, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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