45238 Nitche Lake Rd, Perham, MN 56573
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Property image
OFF MARKET

45238 Nitche Lake Rd
Perham, MN 56573

  • 3 Beds
  • 2 Baths
  • 1,692 sqft (on 0.69 acres)

$293,100

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,767/mo*
Refinance Your Home

$293,100

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,767/mo*
Refinance Your Home
3 Beds
2 Baths
1,692 sqft
(on 0.69 acres)

Home Value

Trulia Estimate
$293K
Since last month
Increased$3K (+1%)
Since last year
Increased$13K (+4.7%)
Since last sale
Increased$208K (+244.1%)
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 +95% in the last 10 years
MonthEstimated value
2026
August 2026$293K
July 2026$290K
June 2026$292K
May 2026$285K
April 2026$283K
March 2026$272K
February 2026$271K
January 2026$267K
2025
2024
2023
2022
2021
2020
2019
2018

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
45617 County Highway 53, Perham, MN
0.97
Single-Family Home
$271,635
09/22/25
2
2
1,376
44493 Nitche Lake Rd, Perham, MN
1.12
Single-Family Home
$230,000
08/29/25
2
0.5
648
44172 Mosquito Heights Rd, Perham, MN
2.06
Single-Family Home
$545,000
10/03/25
3
2
2,656
44094 Mosquito Heights Rd, Perham, MN
2.05
Single-Family Home
$600,000
05/15/26
3
2.5
2,800
46622 Timberlane Dr, Perham, MN
2.37
Single-Family Home
$580,000
07/01/26
3
1
1,288
46200 County Highway 8, Perham, MN
2.59
Single-Family Home
$750,000
07/17/26
2
2.5
1,568
45907 County Highway 8, Perham, MN
2.80
Single-Family Home
$387,000
04/24/26
4
2
2,720
42845 Sunshine Villa Dr, New York Mills, MN
2.78
Single-Family Home
$401,050
09/30/25
2
2
1,680
47260 Wintergreen Rd, Perham, MN
2.73
Single-Family Home
$275,000
03/11/26
2
1
1,380
49945 428th St, New York Mills, MN
2.78
Single-Family Home
$1,100,000
10/03/25
3
2.5
2,762

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
46 Nitche Lake Rd, Perham, MN 56573
0.02
-
-
-
-
Off Market
45054 Nitche Lake Rd, Perham, MN 56573
0.20
$151,100
-
-
-
Off Market
45565 Whispering Sands Ln, Perham, MN 56573
0.45
$650,000
3
2
768
For Sale
45735 Whispering Sands Trl, Perham, MN 56573
0.62
$450,000
3
2
1,232
Recently Sold
44753 Nitche Lake Rd, Perham, MN 56573
0.62
$908,200
2
2.5
2,236
Off Market
291XX 455th St, Perham, MN 56573
0.77
-
-
-
-
Off Market
49211 455th St, Perham, MN 56573
0.77
-
-
-
-
Off Market
48463 Squaw Point Loop, Perham, MN 56573
0.76
$1,519,000
3
2
1,832
Off Market
292XX 455th St, Perham, MN 56573
0.87
-
-
-
-
Off Market
48410 Squaw Point Trl, Perham, MN 56573
0.87
$559,000
4
2
2,200
For Sale
483XX Squaw Point Trl, Perham, MN 56573
0.89
$219,000
-
-
-
For Sale
44598 Nitche Lake Rd, Perham, MN 56573
0.91
$644,000
4
3
3,440
Off Market

Local Information

  • Map ViewExplore the area around 45238 Nitche Lake Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1983
Lot Size
0.69 acres
Living Area
1,692 sqft
Price/Sqft
$173
Parking
Garage

About this House

Big Pine Lake Home with Guest Cabin and Great Yard. Home Features 3 Bedrooms, 2 Bath with Garden tub, Porch, and Big Rooms, Also a 2 Bed 1 Bath Guest cabin. Both home and guest cabin are being sold as is. Perfect Summer Retreat for two families!!! Homes are across the road from the lake but do include lakeshore. PRICE REFLECTS DRASTIC REDUCTION!
45238 Nitche Lake Rd, Perham, MN 56573 is a 3 bedroom, 2 bathroom, 1,692 sqft single-family home built in 1983. It last sold for $85,000 on Aug 19, 2011. It is currently off market. The Trulia Estimate is $293,100, with a rent estimate of $2,010/month.

Home Details for 45238 Nitche Lake Rd

Exterior Features

Exterior Home Features
Roof: MetalExterior: Other, WoodFoundation Type: Piers
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Single Family Home

Interior Features

Heating & Cooling
Air Conditioning

Lot Information

Lot Area: 0.69 acres

Price and Tax history

DateEventPrice
Aug 19, 2011
Source: Lake Superior Area Realtors as distributed by MLS GRID #1122768
Sold
$85,000
May 17, 2011
Source: Agent Provided
PriceChange
$117,000
Price decreased by 16%
Mar 4, 2011
Source: Agent Provided
Listed For Sale
$139,900

Market trends in Perham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
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.
  • Wereade
    "Summer turtle races. Lots of community things done every season. Perham crazy days in the summer, county fair, lots of parks"
    0
    Flag
  • Sarah
    "The town has family based events through the year. Employment is obtainable almost right away. Lots of parks and walking trails. I wish there were more day cares and affordable department stores available within the community. "
    1
    Flag
  • Purple87
    "Perham is a great community to raise a family. People are close and the school is outstanding. Summer is busy with all kind of local options and lake life is awesome."
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 45238 Nitche Lake Rd

  • What is 45238 Nitche Lake Rd estimated to be worth?
    Trulia's estimated value for 45238 Nitche Lake Rd in Perham, MN is $293,100.
  • What is the price history for 45238 Nitche Lake Rd?
    45238 Nitche Lake Rd in Perham, MN last sold for $85,000 in August 2011.
  • 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.
  • How big is the lot at 45238 Nitche Lake Rd?
    The lot at 45238 Nitche Lake Rd in Perham, MN is about 0.69 acres (30,000 sq ft).
  • Does 45238 Nitche Lake Rd have a garage?
    Yes, 45238 Nitche Lake Rd in Perham, MN has a garage.

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