40656 Tern Dr, Pelican Rapids, MN 56572
OFF MARKET

40656 Tern Dr
Pelican Rapids, MN 56572

  • 3 Beds
  • 2 Baths
  • 2,216 sqft (on 2.50 acres)

$507,800

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,002/mo*

$507,800

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,002/mo*
3 Beds
2 Baths
2,216 sqft
(on 2.50 acres)

Home Value

Trulia Estimate
$508K
Since last month
Increased$4K (+0.7%)
Since last year
Increased$23K (+4.7%)
Since last sale
Increased$202K (+65.2%)
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 +58% in the last 10 years
MonthEstimated value
2026
August 2026$512K
July 2026$509K
June 2026$519K
May 2026$507K
April 2026$501K
March 2026$485K
February 2026$460K
January 2026$452K
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
0.17
Single-Family Home
$515,000
07/15/26
2
2
4,400
0.35
Single-Family Home
$530,000
09/09/25
3
1
900
0.52
Single-Family Home
$335,000
07/09/26
2
1
1,020
1.20
Single-Family Home
$600,000
06/05/26
4
2.5
2,008
0.92
Single-Family Home
$1,050,000
12/03/25
5
2.5
3,732
1.18
Single-Family Home
$560,000
01/15/26
3
2
1,296
1.49
Single-Family Home
$605,000
08/03/26
3
2
2,744
1.54
Single-Family Home
$650,000
07/02/26
2
1
1,017
2.28
Single-Family Home
$785,000
06/26/26
3
2
2,705
3.20
Single-Family Home
$415,000
10/03/25
2
1.5
2,140

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
$515,000
2
2
4,400
Recently Sold
0.20
$366,300
2
1
738
Off Market
0.21
$678,900
3
2
2,304
Off Market
0.28
$718,500
3
2
2,096
Off Market
0.31
$459,300
2
1
751
Off Market
0.35
$538,800
3
1
900
Off Market
0.36
$974,600
5
3
2,148
Off Market
0.49
$674,900
4
2.5
3,360
For Sale
0.52
$335,000
2
1
1,020
Recently Sold
0.60
$674,000
3
3
2,033
For Sale
0.61
-
-
-
-
Off Market
0.63
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 40656 Tern Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1975
Lot Size
2.5 acres
Living Area
2,216 sqft
Price/Sqft
$229
Parking
Garage

About this House

This single-family home is located at 40656 Tern Dr, Pelican Rapids, MN. 40656 Tern Dr is in Pelican Rapids, MN and in ZIP code 56572. This property has 3 bedrooms, 2 bathrooms and approximately 2,216 sqft of floor space. This property has a lot size of 2.50 acres and was built in 1975.
40656 Tern Dr, Pelican Rapids, MN 56572 is a 3 bedroom, 2 bathroom, 2,216 sqft single-family home built in 1975. It last sold for $310,000 on Oct 25, 2019. It is currently off market. The Trulia Estimate is $507,800, with a rent estimate of $2,172/month.

Home Details for 40656 Tern Dr

Interior Features

Interior Details
BasementNumber of Rooms: 3Types of Rooms: Dining Room, Family Room, Laundry Room, Mud Room, Office, Pantry, Recreation Room
Heating & Cooling
Heating: Forced Air, Propane ButaneAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Tile, Other, Carpet, Laminate

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl, WoodFoundation Type: Concrete BlockGardenLawn
Parking & Garage
GarageParking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: Single Family HomeArchitecture: Modern

Lot Information

Lot Area: 2.50 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
Oct 25, 2019
Source: NorthstarMLS as distributed by MLS GRID #6060838
Sold
$310,000
Jun 6, 2019
Source: Agent Provided
ListingRemoved
$329,000
Jun 6, 2019
Source: Agent Provided
Pending
$329,000
Nov 26, 2018
Source: Agent Provided
PriceChange
$329,000
Price decreased by 3%
Sep 26, 2018
Source: Agent Provided
PriceChange
$340,000
Price decreased by 3%

Market trends in Pelican Rapids

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
63

What Locals Say about Pelican Rapids

At least 2 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say yards are well-kept

  • 100 % Say there's wildlife

  • 100 % Say parking is easy

  • 86 % Say it's dog friendly

  • 83 % Say there's holiday spirit

  • 80 % Say it's quiet

  • 75 % Say kids play outside

  • 67 % Say neighbors are friendly

  • 67 % Say people would walk alone at night

  • 60 % Say it's walkable to grocery stores

  • 50 % Say streets are well-lit

  • 40 % Say they plan to stay for at least 5 years

  • 33 % Say it's walkable to restaurants

  • 25 % Say there are sidewalks

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 40656 Tern Dr

  • What is 40656 Tern Dr estimated to be worth?
    Trulia's estimated value for 40656 Tern Dr in Pelican Rapids, MN is $507,800.
  • What is the price history for 40656 Tern Dr?
    40656 Tern Dr in Pelican Rapids, MN last sold for $310,000 in October 2019.
  • Is Pelican Rapids a buyer's or seller's market?
    Pelican Rapids is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 40656 Tern Dr?
    The closest schools to 40656 Tern Dr in Pelican Rapids, MN are Pelican Rapids Secondary (Middle/High, rated 6/10), Viking Elementary School (Pre-K, rated 6/10).
  • Does 40656 Tern Dr have air conditioning?
    Yes, 40656 Tern Dr in Pelican Rapids, MN has air conditioning.
  • Does 40656 Tern Dr have laundry facilities?
    Yes, 40656 Tern Dr in Pelican Rapids, MN has in-unit laundry.

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