407 N Broadway, Fergus Falls, MN, 56537
About This Home
Great value starter home for a growing family. Or use the upper level as a separate apartment for income potential. Large heated and insulated garage with cedar tongue and groove walls. Patio area in back yard. Privacy fenced side yard. Master bed has small adjoining private office. Walking distance to schools and shopping. Current set up has 1 bedroom, kitchen, living room and bathroom on upper level & 3 bedroom (with basement room), kitchen, dining, living room, bathroom on lower levels. The basement goes the full length of the house so there is plenty of potential for game room, man-cave/she-shed, business or studio. Back basement area has electric heat and private entrance. Could easily be converted back to single family unit with larger living room and 5 bedrooms.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1915
Materials
- Roof: Asphalt
Type & Style
- Home type: SingleFamily
Interior
Basement
- Basement: Partially finished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Tile,Concrete,Hardwood
Heating & Cooling
- Heating features: Baseboard,Forced air,Electric,Gas
- Cooling features: Central
Interior Area
- Total interior livable area: 2,012 sqft
Property
Details
- Parcel number: 71003991102000
Features
- Exterior features: Metal
- Has view: Yes
- View description: City
Lot
- Lot size: 8,712 sqft
Parking
- Total spaces: 2
- Parking features: Garage - Detached,On-street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Tornado
- Winter Weather
- Inland Flooding
- Hail
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Otter Tail County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $859 | $10,308 |
| Home Insurance * | $101 | $1,212 |
| Property Taxes | $103 | $1,236 |
| Electricity | $170 | $2,050 |
| Total | $1,233 | $14,796 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-10 | Price change | $169,900 |
| 2026-06-28 | Listed for sale | $179,900 |
| 2009-04-13 | Sold | $79,500 |
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