$351,700
2 Beds
1 Bath
1,000 sqft
40407 502nd Ln, Palisade, MN 56469
Est. Refi. Payment $2,167/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 9, 2013 for $175,000
Home Value
Trulia Estimate
$352KSince last month
Decreased$400 (-0.1%)Since last year
Increased$17K (+5.2%)Since last sale
Increased$177K (+101%)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 +94% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $352K |
| August 2026 | $352K |
| July 2026 | $359K |
| June 2026 | $365K |
| May 2026 | $360K |
| April 2026 | $345K |
| March 2026 | $348K |
| February 2026 | $328K |
| January 2026 | $323K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.80 | Single-Family Home | $180,000 | 05/21/26 | 2 | 1 | 1,000 | |
0.85 | Single-Family Home | $315,000 | 04/30/26 | 3 | 2 | 2,208 | |
2.72 | Single-Family Home | $335,000 | 09/03/26 | 3 | 1 | 1,001 | |
2.34 | Single-Family Home | $455,000 | 05/21/26 | 4 | 2 | 1,633 | |
2.51 | Single-Family Home | $335,000 | 05/12/26 | 3 | 2 | 1,714 | |
3.30 | Single-Family Home | $650,000 | 08/13/26 | 2 | 2 | 996 | |
4.43 | Single-Family Home | $192,000 | 09/11/26 | 2 | 1 | 1,128 | |
7.07 | Single-Family Home | $190,000 | 10/17/25 | 3 | 1 | 1,290 | |
7.74 | Single-Family Home | $400,000 | 05/26/26 | 2 | 2 | 1,738 |
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 |
|---|---|---|---|---|---|---|
0.16 | $160,700 | 1 | - | 840 | Off Market | |
0.44 | $491,600 | 3 | 2 | 2,300 | Off Market | |
0.55 | - | - | - | - | Off Market | |
0.59 | - | - | - | - | Off Market | |
0.66 | $132,300 | - | - | - | Off Market | |
0.72 | $513,500 | 3 | 2 | 2,496 | Off Market | |
0.74 | $142,400 | 2 | 1 | 1,280 | Off Market | |
0.73 | $108,700 | - | - | - | Off Market | |
0.80 | $180,000 | 2 | 1 | 1,000 | Recently Sold | |
0.85 | $315,000 | 3 | 2 | 2,208 | Recently Sold | |
1.14 | $532,200 | 3 | 2.5 | 1,980 | Off Market | |
1.18 | $315,000 | 2 | 0.5 | 712 | For Sale |
Local Information
- Map ViewExplore the area around 40407 502nd Ln.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Single-Family Home
Built in 1967
1,000 sqft
$352/sqft
Garage
About this House
2BR notty pine cabin interior, large deck, lots of windows for great lake views. New windows and siding. Just south of hundreds of acres of state land for hunting. Enjoy great sandy shore line. bunkhouse which will sleep 8. Main cabin furnished.
40407 502nd Ln, Palisade, MN 56469 is a 2 bedroom, 1 bathroom, 1,000 sqft single-family home built in 1967. It last sold for $175,000 on Aug 9, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $351,700, with a rent estimate of $1,516/month.
Home Details for 40407 502nd Ln
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Interior Details BasementTypes of Rooms: Dining Room, Family RoomCeiling Fan |
Heating & Cooling Heating: StoveAir ConditioningCooling System: WallHeating Fuel: Stove |
Levels, Entrance, & Accessibility Stories: 1 |
Appliances & Utilities MicrowaveRefrigerator |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltDeckExterior: Vinyl, MetalFoundation Type: Crawl Raised |
Parking & Garage GarageParking Space: 1Parking: Garage Detached |
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Year Built Year Built: 1967 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Units in Building: 1440 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 9, 2013 Source: Lake Superior Area Realtors as distributed by MLS GRID #2019836 | Sold | $175,000 |
Dec 19, 2012 Source: Agent Provided | ListingRemoved | $220,000 |
Aug 22, 2012 Source: Agent Provided | Listed For Sale | $220,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,146 | $255,229 |
Home facts updated by county records
Market trends in Palisade
Last updated August 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
9
3MoM
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
What Locals Say about Palisade
At least 1 Trulia users voted on each feature.
100 % Say it's walkable to grocery stores
100 % Say it's quiet
50 % Say kids play outside
50 % Say they plan to stay for at least 5 years
50 % Say there's wildlife
50 % Say people would walk alone at night
33 % Say neighbors are friendly
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Frequently asked questions about 40407 502nd Ln
- What is 40407 502nd Ln estimated to be worth?Trulia's estimated value for 40407 502nd Ln in Palisade, MN is $351,700.
- What is the price history for 40407 502nd Ln?40407 502nd Ln in Palisade, MN last sold for $175,000 in August 2013.
- Is Palisade a buyer's or seller's market?Palisade is currently a seller's market, based on recent for-sale activity.
- What are the closest schools to 40407 502nd Ln?The closest schools to 40407 502nd Ln in Palisade, MN are Aitkin Secondary School (Middle/High, rated 7/10), Rippleside Elementary School (Pre-K, rated 8/10).
- Does 40407 502nd Ln have air conditioning?Yes, 40407 502nd Ln in Palisade, MN has air conditioning.
- How big is the lot at 40407 502nd Ln?The lot at 40407 502nd Ln in Palisade, MN is about 1 acre.
Apartments for Rent
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Off Market Homes Near 40407 502nd Ln
SOLDMAY 21, 2026Woods & Shores Real Estate, Inc.
SOLDAPR 30, 2026Kaija Kokesh Realty
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