47142 505th Ave, Perham, MN 56573
OFF MARKET

$538,200

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,248 sqft (on 120 acres)

47142 505th Ave, Perham, MN 56573

Est. Refi. Payment $3,266/mo*
Refinance Your Home

Home Value

Trulia Estimate
$538K
Since last month
Decreased$6K (-1.1%)
Since last year
Increased$55K (+11.3%)
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 +14% in the last 10 years
MonthEstimated value
2026
November 2026$538K
September 2026$544K
August 2026$522K
May 2026$465K
April 2026$487K
March 2026$506K
February 2026$484K
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
2.87
Single-Family Home
$375,000
02/27/26
4
2
3,000
3.94
Single-Family Home
$275,000
03/11/26
2
1
1,380
3.51
Single-Family Home
$415,000
05/29/26
3
2
3,108
4.07
Single-Family Home
$580,000
07/01/26
3
1
1,288
4.13
Single-Family Home
$248,000
09/01/26
3
1
1,588
4.23
Single-Family Home
$200,000
09/12/26
3
1
1,750
4.51
Single-Family Home
$221,500
06/18/26
2
1
640
4.53
Single-Family Home
$207,000
09/25/26
2
1
560
4.55
Single-Family Home
$750,000
07/17/26
2
2.5
1,568
4.71
Single-Family Home
$399,900
08/07/26
5
2
3,192

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
0.37
-
3
1
1,472
Off Market
0.39
-
-
-
-
Off Market
0.44
-
Studio
1
1,496
Off Market
0.46
$650,500
1
5
2,160
Off Market
0.53
$204,300
2
1
364
Off Market
0.59
$305,400
Studio
1
1,568
Off Market
0.64
$394,400
Studio
1
1,176
Off Market
0.67
$316,100
3
1.5
2,208
Off Market
0.72
$167,400
Studio
1
1,008
Off Market
0.74
$564,300
3
1
1,440
Off Market
0.83
$501,500
2
-
1,456
Off Market
0.86
$234,400
2
1
1,380
Off Market
0.89
$293,600
Studio
1
1,300
Off Market
0.93
$391,700
3
3
3,182
Off Market
0.98
$585,400
6
3
1,578
Off Market
1.02
$465,300
Studio
1
1,300
Off Market
1.04
$361,600
Studio
1
2,112
Off Market
1.09
$218,200
Studio
1
576
Off Market
1.11
$278,700
2
1
936
Off Market
1.11
$255,700
Studio
1
1,200
Off Market

Local Information

  • Map ViewExplore the area around 47142 505th Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1961
120 acre lot
1,248 sqft
$431/sqft
Garage

About this House

This single-family home is located at 47142 505th Ave, Perham, MN. 47142 505th Ave is in Perham, MN and in ZIP code 56573. This property has 2 bedrooms, 1 bathroom and approximately 1,248 sqft of floor space. This property has a lot size of 120.00 acres and was built in 1961.
47142 505th Ave, Perham, MN 56573 is a 2 bedroom, 1 bathroom, 1,248 sqft single-family home built in 1961. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $538,200, with a rent estimate of $1,435/month.

Home Details for 47142 505th Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air Conditioning

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Other
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 120.00 acres

Price and Tax history

YearProperty taxTax assessment
2025
$2,107
$742,800
Home facts updated by county records

Market trends in Perham

Last updated October 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
50
3
MoM
Sourced by Trulia Market Trends

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"
  • 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. "
  • 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."

LGBTQ Local Legal Protections

Frequently asked questions about 47142 505th Ave

  • What is 47142 505th Ave estimated to be worth?
    Trulia's estimated value for 47142 505th Ave in Perham, MN is $538,200.
  • Is Perham a buyer's or seller's market?
    Perham is currently a balanced 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.
  • What are the closest schools to 47142 505th Ave?
    The closest schools to 47142 505th Ave in Perham, MN are Heart Of The Lake Elementary School (Pre-K, rated 7/10), Perham Senior High School (rated 7/10), Prairie Wind Middle School (Elementary, rated 6/10).
  • How big is the lot at 47142 505th Ave?
    The lot at 47142 505th Ave in Perham, MN is about 120 acres.
  • Does 47142 505th Ave have a garage?
    Yes, 47142 505th Ave in Perham, MN has a garage.

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