40656 Tern Dr
Pelican Rapids, MN 56572
- 3 Beds
- 2 Baths
- 2,216 sqft (on 2.50 acres)
3 Beds
2 Baths
2,216 sqft
(on 2.50 acres)
Home Value
Trulia Estimate
$508KSince 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
| Month | Estimated 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
-- mins to
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
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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 |
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Exterior Home Features Roof: AsphaltDeckExterior: Vinyl, WoodFoundation Type: Concrete BlockGardenLawn |
Parking & Garage GarageParking: Garage Attached, Garage Detached |
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Year Built Year Built: 1975 |
Property Type / Style Property Type: Single Family HomeArchitecture: Modern |
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Lot Area: 2.50 acres |
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RV Parking Rv Parking |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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% |
Jan 18, 2018 Source: Agent Provided | Listed For Sale | $349,000 |
Nov 24, 2017 Source: Agent Provided | ListingRemoved | $379,000 |
May 25, 2017 Source: Agent Provided | Listed For Sale | $379,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,537 | $620,300 |
Home facts updated by county records
Market trends in Pelican Rapids
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
63
Around this home
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
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.