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45377 Red Pine Loop, Perham, MN, 56573

$725,000

Home List Price

$8,609*

Closing Credit

4 Bedrooms
1 Full Bath
3,196 SqFt
$227/SqFt
House

Location

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45377 Red Pine Loop, Perham$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt
Garage2 spaces
Year Built1905
HeatingSteam, Radiant
CoolingDuctless
BasementYes
WaterfrontLake Front
FireplaceWood Burning
MLS #6610008
StatusActive

About 45377 Red Pine Loop

Little Pine Lake near Perham, MN in Otter Tail County: Classic and beautiful! This 4 bedroom, 2-story home is located on a large 1.12 acre lot with 175' of lakeshore. The elevation offers unbeatable, tranquil views and yet there's a natural slope to the lake that provides easy access to hard bottom, sand frontage. The home has been completely updated but was left with all the character and charm of a classic 2 story home. Wood columns separate the formal dining room, living room, and sitting room with wood fireplace. Spacious kitchen with a large island where everyone can gather. Amenities include hardwood floors, radiant heat, ductless air-conditioning, 2-car garage, tar drive, covered porch, underground sprinklers, redwood siding, poured concrete basement, and nicely landscaped yard. Just minutes from the bustling town of Perham. Excellent rental potential also. This lake property is a rare find and is a must-see!

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Living Area: 3,196 SqFt

Listing Office:

  • Office Name: Coldwell Banker Preferred Partners

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Asphalt

Lot Features

Lot Information:

  • Lot: Accessible Shoreline

Utilities

Utilities Information:

  • Heating: Steam, Radiant
  • Cooling: Ductless

Other

Directions Information:

  • Directions: From Perham: N on Hwy #8 to Red Pine Loop to house #45377.

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $227/SqFt

Tax Information:

  • Annual Amount: $4,486
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Perham, MN.

Map thumbnail provided by MapBox

Perham, MN

City

Med. Sold Price

$366.2K

Med. Price/SqFt

$161

Avg. Days On Market

186

# of Sold Homes

3

45377 Red Pine Loop vs Perham

56 DAYS ON ROCKET

-130 Days

$725,000

+$358.7K More

$227/SqFt

+$66 More

KEY TAKEAWAY

This property is $358.7K more than the Median Sold Price and $66/SqFt more than other homes in Perham, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6610008

Listing Office:

  • Office Name: Coldwell Banker Preferred Partners

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Last updated on: 11/23/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,486$460,700
2019$4,520$426,500
2018$4,266$426,500
2017$4,016$389,900

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1100658
3
/10

  • Heart of the Lake Elementary School

  • 810 2nd Ave SW

  • 2.87 miles

  • Public District Grades PK-4

school-card-donut-1100659
6
/10

  • Frazee Elementary School

  • Hickory Ave

  • 10.57 miles

  • Public District Grades PK-6

school-card-donut-1100660
8
/10

  • New York Mills Elementary School

  • 209 Hayes Ave

  • 10.58 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,895. Most Perham, MN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 45377 Red Pine Loop

What is the listing price of this property?

The listing price of 45377 Red Pine Loop property is $725,000.

What type of property is this?

The property 45377 Red Pine Loop is a house located in Perham, Minnesota, 56573.

Is this property for sale now?

Active Listing: 45377 Red Pine Loop is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,486 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 45377 Red Pine Loop has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 45377 Red Pine Loop is 3,196 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 45377 Red Pine Loop is 1905.

Rocket Homes›Minnesota›Otter Tail County›Perham›56573›45377 Red Pine Loop

This home is located at 45377 Red Pine Loop in Perham, MN and zip code 56573. This 3,196 square foot home was built in 1905. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 29, 2024 and is currently priced at $725,000.

While more than 1 listings in Perham, MN in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. In October 2024, listings were on the market for 186 days. During the same period, the median list price in this real estate market was $366,225.

From Rocket Homes Real Estate and based on county public records data.

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