$587,900
- Studio
- 1 Bath
- 1,265 sqft (on 1.19 acres)
40657 Tern Dr, Pelican Rapids, MN 56572
Est. Refi. Payment $3,461/mo*
Refinance Your HomeHome Value
Trulia Estimate
$588KSince last month
Increased$12K (+2%)Since last year
Increased$22K (+3.9%)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 +71% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $586K |
| July 2026 | $574K |
| June 2026 | $572K |
| May 2026 | $549K |
| April 2026 | $558K |
| March 2026 | $545K |
| February 2026 | $534K |
| January 2026 | $528K |
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 |
|---|---|---|---|---|---|---|---|
0.37 | Single-Family Home | $530,000 | 09/09/25 | 3 | 1 | 900 | |
0.48 | Single-Family Home | $335,000 | 07/09/26 | 2 | 1 | 1,020 | |
0.20 | Single-Family Home | $515,000 | 07/15/26 | 2 | 2 | 4,400 | |
0.94 | Single-Family Home | $1,050,000 | 12/03/25 | 5 | 2.5 | 3,732 | |
1.15 | Single-Family Home | $560,000 | 01/15/26 | 3 | 2 | 1,296 | |
1.23 | Single-Family Home | $600,000 | 06/05/26 | 4 | 2.5 | 2,008 | |
1.57 | Single-Family Home | $650,000 | 07/02/26 | 2 | 1 | 1,017 | |
1.47 | Single-Family Home | $605,000 | 08/03/26 | 3 | 2 | 2,744 | |
2.31 | 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 |
|---|---|---|---|---|---|---|
0.20 | $363,600 | 2 | 1 | 738 | Off Market | |
0.19 | $515,000 | 2 | 2 | 4,400 | Recently Sold | |
0.24 | $675,200 | 3 | 2 | 2,304 | Off Market | |
0.31 | $712,700 | 3 | 2 | 2,096 | Off Market | |
0.34 | $456,300 | 2 | 1 | 751 | Off Market | |
0.37 | $535,800 | 3 | 1 | 900 | Off Market | |
0.38 | $968,400 | 5 | 3 | 2,148 | Off Market | |
0.48 | $335,000 | 2 | 1 | 1,020 | Recently Sold | |
0.57 | $674,000 | 3 | 3 | 2,033 | For Sale | |
0.65 | $694,700 | 3 | 2 | 1,408 | Off Market | |
0.64 | - | - | - | - | Off Market | |
0.66 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1998
Lot Size
1.19 acres
Living Area
1,265 sqft
Price/Sqft
$465
Parking
Garage
About this House
This single-family home is located at 40657 Tern Dr, Pelican Rapids, MN. 40657 Tern Dr is in Pelican Rapids, MN and in ZIP code 56572. This property has 1 bathroom and approximately 1,265 sqft of floor space. This property has a lot size of 1.19 acres and was built in 1998.
40657 Tern Dr, Pelican Rapids, MN 56572 is a studio, 1 bathroom, 1,265 sqft single-family home built in 1998. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $587,900, with a rent estimate of $1,716/month.
Home Details for 40657 Tern Dr
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Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: OtherFoundation Type: Concrete |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1998 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 1.19 acres |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,343 | $538,200 |
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
—
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 40657 Tern Dr
- What is 40657 Tern Dr estimated to be worth?Trulia's estimated value for 40657 Tern Dr in Pelican Rapids, MN is $587,900.
- 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 40657 Tern Dr?The closest schools to 40657 Tern Dr in Pelican Rapids, MN are Pelican Rapids Secondary (Middle/High, rated 6/10), Viking Elementary School (Pre-K, rated 6/10).
- How big is the lot at 40657 Tern Dr?The lot at 40657 Tern Dr in Pelican Rapids, MN is about 1.2 acres.
- Does 40657 Tern Dr have a garage?Yes, 40657 Tern Dr in Pelican Rapids, MN has a garage.