38490 428th St, Perham, MN 56573
OFF MARKET

38490 428th St
Perham, MN 56573

  • 4 Beds
  • 3 Baths
  • 3,072 sqft (on 40 acres)

$470,800

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,789/mo*

$470,800

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,789/mo*
4 Beds
3 Baths
3,072 sqft
(on 40 acres)

Home Value

Trulia Estimate
$471K
Since last month
Decreased$3K (-0.7%)
Since last year
Increased$18K (+4%)
Since last sale
Increased$92K (+24.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +66% in the last 10 years
MonthEstimated value
2026
August 2026$467K
July 2026$470K
June 2026$466K
May 2026$463K
April 2026$458K
March 2026$446K
February 2026$443K
January 2026$436K
2025
2024
2023
2022
2021
2020
2019
2018

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.08
Single-Family Home
$1,100,000
01/12/26
4
2.5
3,293
1.14
Single-Family Home
$865,000
12/24/25
3
2.5
2,846
1.25
Single-Family Home
$730,000
09/08/25
4
2
2,616
1.12
Single-Family Home
$1,132,000
05/11/26
5
5
4,509
1.92
Single-Family Home
$520,000
10/06/25
3
2
2,983
1.47
Single-Family Home
$765,000
07/20/26
3
2
2,304
1.81
Single-Family Home
$535,000
05/18/26
3
2
1,773
2.19
Single-Family Home
$390,000
07/01/26
3
2
1,664
2.49
Single-Family Home
$339,000
04/29/26
5
4
3,624

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Local Information

  • Map ViewExplore the area around 38490 428th St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1916
Lot Size
40 acres
Living Area
3,072 sqft
Price/Sqft
$153
Parking
Garage

About this House

It is getting harder and harder to find a property like this. This home sits on 40 wonderful acres just minutes outside of the thriving Perham downtown. Currently boasts 4 bedrooms and 2 bathrooms in the main house. There is also a sauna in the upstairs. If you have dreamt of having some animals, we have a pasture. If you dreamt of a garden, we have a green house. If you dreamt of a shop, we have a shop. If you always want to find a place where perhaps your guests could stay but have their own privacy, we have a guest cabin on site. Worried about the septic? A brand new one was just installed. For those wondering about a master suite or bedroom on the main level, let me show you a great option for you as well. Be ready because this one is going to go quickly.
38490 428th St, Perham, MN 56573 is a 4 bedroom, 3 bathroom, 3,072 sqft single-family home built in 1916. It last sold for $375,000 on Jun 24, 2022. It is currently off market. The Trulia Estimate is $470,800, with a rent estimate of $2,763/month.

Home Details for 38490 428th St

Interior Features

Interior Details
Basement

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1916
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 40.00 acres

Price and Tax history

DateEventPrice
Jun 24, 2022
Source: NorthstarMLS as distributed by MLS GRID #6110459
Sold
$375,000
Jun 24, 2022
Source: NorthstarMLS as distributed by MLS GRID #6110459
Pending
$405,000
Jun 15, 2022
Source: NorthstarMLS as distributed by MLS GRID #6110459
Listed For Sale
$405,000
Jun 12, 2022
Source: MWMMLS #20-34037
ListingRemoved
Apr 26, 2022
Source: MWMMLS #20-34037
Contingent
$405,000

Market trends in Perham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
48
1
MoM

Around this home

What Locals Say about Perham

At least 19 Trulia users voted on each feature.
  • 100 % Say yards are well-kept

  • 92 % Say there's holiday spirit

  • 92 % Say kids play outside

  • 87 % Say parking is easy

  • 83 % Say car is needed

  • 81 % Say people would walk alone at night

  • 76 % Say streets are well-lit

  • 71 % Say it's walkable to restaurants

  • 70 % Say it's dog friendly

  • 70 % Say there are sidewalks

  • 68 % Say it's quiet

  • 63 % Say it's walkable to grocery stores

  • 54 % Say neighbors are friendly

  • 47 % Say they plan to stay for at least 5 years

  • 45 % Say there are community events

  • 43 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Wereade
    "Summer turtle races. Lots of community things done every season. Perham crazy days in the summer, county fair, lots of parks"
  • Sarah
    "The town has family based events through the year. Employment is obtainable almost right away. Lots of parks and walking trails. I wish there were more day cares and affordable department stores available within the community. "
  • Purple87
    "Perham is a great community to raise a family. People are close and the school is outstanding. Summer is busy with all kind of local options and lake life is awesome."

LGBTQ Local Legal Protections

Frequently asked questions about 38490 428th St

  • What is 38490 428th St estimated to be worth?
    Trulia's estimated value for 38490 428th St in Perham, MN is $470,800.
  • What is the price history for 38490 428th St?
    38490 428th St in Perham, MN last sold for $375,000 in June 2022.
  • Is Perham a buyer's or seller's market?
    Perham is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Perham?
    Residents describe Perham, MN as well-kept, easy to park in, and walkable to restaurants. See recently sold homes in Perham, MN.
  • How big is the lot at 38490 428th St?
    The lot at 38490 428th St in Perham, MN is about 40 acres.
  • Does 38490 428th St have a garage?
    Yes, 38490 428th St in Perham, MN has a garage.

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