$293,100
768 sqft (on 0.65 acres)
39388 397th St, Perham, MN 56573
Currently Off Market - Sold Jun 17, 2016 for $90,000
Home Value
Trulia Estimate
$293KSince last month
Decreased$5K (-1.5%)Since last year
Increased$23K (+8.7%)Since last sale
Increased$198K (+220.1%)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 +32% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $288K |
| July 2026 | $293K |
| June 2026 | $292K |
| May 2026 | $288K |
| April 2026 | $281K |
| March 2026 | $278K |
| February 2026 | $254K |
| January 2026 | $272K |
2025 | |
2024 | |
2023 | |
2020 | |
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 |
|---|---|---|---|---|---|---|---|
2.11 | Lot/Land | $32,500 | 04/03/26 | - | - | ||
2.52 | Lot/Land | $31,000 | 05/22/26 | - | - | ||
2.53 | Lot/Land | $49,000 | 05/28/26 | - | - | ||
3.69 | Lot/Land | $107,000 | 09/23/25 | - | - | ||
4.46 | Lot/Land | $27,500 | 09/02/25 | - | - | ||
4.26 | Lot/Land | $75,000 | 10/02/25 | - | - | ||
4.65 | Lot/Land | $195,000 | 05/01/26 | - | - | ||
4.76 | Lot/Land | $180,000 | 03/02/26 | - | - | ||
4.51 | Lot/Land | $45,000 | 09/30/25 | - | - | ||
4.65 | Lot/Land | $260,000 | 06/16/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.32 | $696,500 | 3 | 2 | 1,932 | Off Market | |
0.33 | - | - | - | - | Off Market | |
0.49 | $788,000 | 3 | 2 | 1,408 | Off Market | |
0.49 | $742,200 | 3 | 2 | 1,408 | Off Market | |
0.54 | $533,800 | 3 | 1 | - | Off Market | |
0.62 | - | - | - | - | Off Market | |
0.62 | - | - | - | - | Off Market | |
0.79 | $749,900 | 3 | 1.5 | 1,822 | For Sale | |
0.99 | $393,200 | 3 | 3 | 2,856 | Off Market | |
1.06 | - | - | - | - | Off Market |
Local Information
- Map ViewExplore the area around 39388 397th St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Lot/Land
Year Built
2016
Lot Size
0.65 acres
Living Area
768 sqft
Price/Sqft
$382
Parking
Garage
About this House
Highly sought after Marion Lake offers a very affordable lot. The perfect spot to build your new dream home, this large wooded lot has a spectacular view. Ideal spot to take advantage of southern exposure facing the lake when you build. Steps down to the dock are already in place. Marion Lake offers some of Otter Tail County's best fishing and boating with great water clarity.
39388 397th St, Perham, MN 56573 is a 768 sqft lot/land built in 2016. It last sold for $90,000 on Jun 17, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $293,100, with a rent estimate of $1,101/month.
Home Details for 39388 397th St
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Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: AsphaltExterior: OtherFoundation Type: Other |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 2016 |
Property Type / Style Property Type: Lot Land |
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Lot Area: 0.65 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 17, 2016 Source: NorthstarMLS as distributed by MLS GRID #6049689 | Sold | $90,000 |
May 17, 2016 Source: Agent Provided | Pending | $97,000 |
Mar 10, 2016 Source: Agent Provided | Listed For Sale | $97,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,409 | $397,100 |
Home facts updated by county records
Market trends in Perham
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
48
1MoM
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 39388 397th St
- What is 39388 397th St estimated to be worth?Trulia's estimated value for 39388 397th St in Perham, MN is $293,100.
- What is the price history for 39388 397th St?39388 397th St in Perham, MN last sold for $90,000 in June 2016.
- 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.
Apartments for Rent
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Off Market Homes Near 39388 397th St
SOLDAUG 19, 2026Keller Williams Realty Profess
SOLDJUL 24, 2026The Real Estate Company of Detroit Lakes
SOLDMAR 30, 2026New Horizons Realty Of Perham
SOLDDEC 8, 2025Coldwell Banker Preferred Partners
OFF MARKETKeller Williams Realty Professionals
OFF MARKETColdwell Banker Preferred Partners
See more homes for sale inPerham
Homes for sale near 39388 397th St
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