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612 5th Ave SW, Perham, MN, 56573

4beds
2baths
2,392sqft
$299,900
$125price/sqft
$2,106/moest. monthly cost
$84,240/yrincome needed

About This Home

One Owner home available for the 1st time Located across from the highly desired Krauss Park. This home has been meticulously cared for over the years. 3 Bedrooms and Full bath on the Main level with Additional bedroom and 3/4 bath in the Finished Lower Level. Large Corner Lot, Mature yard with extensive landscaping already done, Updated Kitchen with Granite Counters. This home is Move in Ready, just waiting for its new owners.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

6/10
7/10
Perham Senior High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1969

Materials

  • Roof: Age Over 8 Years,Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Daylight,Egress Window(s),Finished,Full

Bathroom

  • Level: Main

Bathroom

  • Level: Basement

Bedroom

  • Level: Main

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedroom4

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Basement

Features

  • Finished area below ground: 1,076
  • Finished area above ground: 1,196

Heating & Cooling

  • Heating features: Boiler
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 2,392
  • Total interior livable area: 2,392 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 77000990799000
  • Zoning description: Residential-Single Family
  • Foundation area: 1196

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio

Lot

  • Lot size: 0.32 Acres
  • Features: Corner Lot
  • Lot size dimensions: 100 x 140

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Winter Weather
Inland Flooding
Strong Wind
Hail
Lightning
Wildfire

FEMA Declared Disasters in Otter Tail County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$165$1,980
Property Taxes $224$2,688
Electricity $201$2,420
Total$2,106$25,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,205/yr
40% on housing$63,180/yr
45% on housing$56,160/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$125This listing

vs Other Active Listings

Avg $/sqft

ZIP 56573$232
Otter Tail County$190

vs Homes Sold Last Month

Median $/sqft

ZIP 56573$208
Otter Tail County$152

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)

Price History

DateEventPrice
2026-04-17Price change$314,900
2026-03-20Listed for sale$329,900

For Sale by Agent

AgentEmily L Poulson
BrokerageKeller Williams Realty Profess

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