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$449,000 -$40,000 (-8.18%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 1 Partial Bath
  • 2,250 Sq. Ft.
  • 3 Car Garage
  • Updated 6 days ago
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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

Full Property Details for 45227 316th Ave

General

  • Price: $449,000
  • Taxes: $1,980 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7425691
  • Updated: 5/21/2026
  • Added to Site: 1, 009 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • 3/4 Bathrooms: 1

Other Rooms

  • Laundry: Main Level, Main Level

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Attached Garage, Floor Drain, Finished Garage, Heated Garage

Location

  • County: Otter Tail
  • Township: Vergas
  • Subdivision: Loon Lookout
  • Driving Directions: Go through Vergas on Hwy 4, East on Hwy 36 to Mallard Drive. Turn on 316 Ave. to property.

School Information

  • School District: 548 - Pelican Rapids
  • High School District: Pelican Rapids
  • High School: Pelican Rapids

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Dual Fuel/Off Peak
  • Heating Fuel: Propane

Utilities

  • Sewer: Private Sewer
  • Water: Private, Well

Structural Information

  • Basement Desc.: Slab
  • Foundation Size: 2250
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 2,250
  • Above Ground: 2,250 Sq. Ft.
  • Finished Down/Base.: 2,250 Sq. Ft.
  • Year Built: 1997

Lot Features

  • Lot Size (Acres): 1.52
  • Lot Dimensions: 150 x 350
  • Zoning: Residential-Single Family
  • Lot Description: Accessible Shoreline

Water Features

  • Water Front Desc.: Lakefront
  • Water Front Feet: 150
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $1,980
  • Tax Year: 2025
  • Terms: Contract for Deed, Cash

Disclosures and Reports

  • Legal Description: Lot 2 Block 1 00891- Loon Lookout
  • Property ID: 16000990931000

Listed by RE/MAX Legacy Realty

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— 45227 316th Ave —

  • RE/MAX Legacy Realty

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NMLS#: 1598647

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Schools serving 45227 316th Ave

School District:Perham-Dent Public School District
NameGradesDistance
Prairie Wind Middle School
480 Coney Street West, Perham, MN 56573
5-812 mi
Heart Of The Lake Elementary School
810 2nd Avenue Southwest, Perham, MN 56573
PK-412.1 mi
Perham Senior High School
800 Coney Street West, Perham, MN 56573
9-1211.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 45227 316th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/21/2026
Price Reduced
$449,000
-8.18%
MLS
10/19/2025
Price Reduced
$489,000
-2%
MLS
5/13/2025
Price Reduced
$499,000
-9.26%
MLS
7/12/2024
Price Reduced
$549,900
-8.2%
MLS
8/23/2023
Listed
$599,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 45227 316th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,980
-2%
$359,700
41%
2023
$2,028
—
$254,900
8%
2023
$2,028
3%
$235,900
30%
2022
$1,964
4%
$181,500
9%
2020
$1,884
—
$166,400
—
2019
$1,890
9%
$166,800
15%
2018
$1,734
4%
$145,200
6%
2017
$1,674
—
$137,200
3%
2016
$1,668
24%
$133,400
12%
2015
$1,340
6%
$118,800
—
2014
$1,264
—
$119,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RE/MAX Legacy Realty

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45227 316th Avenue, Vergas, MN 56587 (MLS# 7425691) is a Single Family property with 0 bedrooms, 0 full bathrooms and 1 partial bathroom. 45227 316th Avenue is currently listed for $449,000 and was received on August 23, 2023. Want to learn more about 45227 316th Avenue? Do you have questions about finding other Single Family real estate for sale in Vergas? You can browse all Vergas real estate or contact a Coldwell Banker agent to request more information.

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