48435 505th Ave, Perham, MN 56573
OFF MARKET

$581,200

Trulia Estimate
  • 6 Beds
  • 3 Baths
  • 1,578 sqft (on 40 acres)

48435 505th Ave, Perham, MN 56573

Refinance Your Home
Currently Off Market - Sold Apr 29, 2025 for $570,000

Home Value

Trulia Estimate
$581K
Since last month
Decreased$3K (-0.5%)
Since last year
Increased$800 (+0.1%)
Since last sale
Increased$13K (+2.2%)
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 +146% in the last 10 years
MonthEstimated value
2026
August 2026$583K
July 2026$586K
June 2026$584K
May 2026$584K
April 2026$584K
March 2026$589K
February 2026$586K
January 2026$590K
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
51800 500th St, Menahga, MN
2.20
Single-Family Home
$375,000
02/27/26
4
2
3,000
50742 County Highway 53, Perham, MN
2.53
Single-Family Home
$415,000
05/29/26
3
2
3,108
45617 County Highway 53, Perham, MN
2.96
Single-Family Home
$271,635
09/22/25
2
2
1,376
47260 Wintergreen Rd, Perham, MN
3.83
Single-Family Home
$275,000
03/11/26
2
1
1,380
46622 Timberlane Dr, Perham, MN
4.08
Single-Family Home
$580,000
07/01/26
3
1
1,288
46200 County Highway 8, Perham, MN
4.59
Single-Family Home
$750,000
07/17/26
2
2.5
1,568
54267 440th St, New York Mills, MN
5.54
Single-Family Home
$399,900
08/07/26
5
2
3,192
45907 County Highway 8, Perham, MN
5.07
Single-Family Home
$387,000
04/24/26
4
2
2,720
49945 428th St, New York Mills, MN
5.53
Single-Family Home
$1,100,000
10/03/25
3
2.5
2,762
44094 Mosquito Heights Rd, Perham, MN
5.64
Single-Family Home
$600,000
05/15/26
3
2.5
2,800

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
48606 505th Ave, Perham, MN 56573
0.39
$168,100
3
2
1,216
Off Market
48500 CR 53, Perham, MN 56573
0.88
-
-
-
-
Off Market
XXX Co Hwy 8 & 53, Perham, MN 56573
1.37
-
-
-
-
Off Market
00000 515th ave., Perham, MN 56573
1.50
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 48435 505th Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1925
Lot Size
40 acres
Living Area
1,578 sqft
Price/Sqft
$368
Parking
1 Car Garage
HOA
None

About this House

Amazing Hobby Farm with a Renovated Farmhouse, Expansive Outbuildings, and 40 Acres just 15 Minutes from Perham! This property is a Turnkey setup for Farming, Livestock, or Peaceful Country Living.

Step inside to find a Spacious Kitchen with Oak Cabinetry, a Primary Bedroom with an Ensuite Bath, and an Inviting Layout. Upstairs, Two Additional Bedrooms, currently being used as an Office & Den, are paired with a 2nd Bathroom. The Finished Basement adds even more Space, featuring a Family Room, Three Additional Bedrooms, and a 3rd Bath, making this home both Versatile & Comfortable.

The Farm’s Infrastructure is designed for both Functionality and Efficiency. The 50x56 Shop is fully equipped with Power, Insulation, and a Wood Furnace, making it ideal for Year-Round Use. The 36x108 Calf Barn provides ample space for Horses or Cattle, complete with a Dedicated Tack Room.

For Livestock Operations, the property features Three Cattle Sheds measuring 54x100, 54x81, and 30x40, providing a combined 10,974 SqFt of Sheltered Space. Additional Infrastructure includes a Versatile Gambrel-Style Barn, Pole Buildings, Hay Sheds, Grain Bins, and Silos, ensuring you have everything needed for a Fully Equipped Hobby Farm.

The 40 Acres offer a Perfect Mix of Tillable Land, Pasture, and Wooded Areas, creating an Ideal Setting and Abundant Wildlife. Whether you’re looking for a Working Farm or a Spacious Country Retreat, this Exceptional Hobby Farm is Ready for You!
48435 505th Ave, Perham, MN 56573 is a 6 bedroom, 3 bathroom, 1,578 sqft single-family home built in 1925. It last sold for $570,000 on Apr 29, 2025 (4% above the $550,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $581,200, with a rent estimate of $2,828/month.
Last check for updates: about 21 hours ago
Listed by Jason Witzke, (218) 234-1904
Jack Chivers Realty
Trevin Konley, (218) 298-2582
Bought with: Jason Witzke, (218) 234-1904, Jack Chivers Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#6659595

Home Details for 48435 505th Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full,Concrete,Partially FinishedNumber of Rooms: 2Types of Rooms: Bathroom, Dining Room
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1578 Square FeetFoundation Area: 1128
Appliances & Utilities
Appliances: Dryer, Freezer, Gas Water Heater, Microwave, Range, RefrigeratorDryerLaundry: In Hall,Main LevelMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 200+ Amp ServiceGas: Electric, Propane, Wood
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfAccessibility: Other
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: PorchFencing: Split Rail, Wire, WoodWooded Area Size: 435600Other Structures: Garage(s), Barn(s), Chicken Coop/Barn, Grain Storage, Lean-To, Milk House, Pole Building, Workshop, Silo, Stable(s), Storage Shed
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Dimensions (16 x 26)No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Attached,Detached Garage,Gravel,Heated Garage,Storage
Frontage
Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Private Sewer, Tank with Drainage Field
Farm & Range
Horse Amenities: Tack Room
Surface & Elevation
Topography: Gently Rolling, Pasture, Wooded
Finished Area
Finished Area (above surface): 1578 Square Feet

Days on Market

Cumulative Days on Market: 56

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Concrete, FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 12000230149000

Price & Status

Price
List Price: $550,000
Status Change & Dates
Off Market Date: Thu Apr 24 2025

Location

Direction & Address
City: Perham
School Information
High School District: Perham-Dent

Building

Building Area
Building Area: 1578 Square Feet

HOA

No HOA

Lot Information

Lot Area: 40 Acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6659595Pasture Area: 304920Above Grade Unfinished Area: 1578

Price and Tax history

DateEventPrice
Apr 29, 2025
Source: NorthstarMLS as distributed by MLS GRID #6659595
Sold
$570,000
Apr 24, 2025
Source: NorthstarMLS as distributed by MLS GRID #6659595
Pending
$550,000
Feb 27, 2025
Source: NorthstarMLS as distributed by MLS GRID #6659595
Listed For Sale
$550,000
Mar 24, 2021
Source: N/A
ListingRemoved
Oct 20, 2016
Source: N/A
ListingRemoved
$320,000

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

Based on information submitted to the MLS GRID as of 2026-08-28 14:58:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 48435 505th Ave

  • What is 48435 505th Ave estimated to be worth?
    Trulia's estimated value for 48435 505th Ave in Perham, MN is $581,200.
  • What is the price history for 48435 505th Ave?
    48435 505th Ave in Perham, MN last sold for $570,000 in April 2025.
  • 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.
  • Does 48435 505th Ave have air conditioning?
    Yes, 48435 505th Ave in Perham, MN has air conditioning.
  • Does 48435 505th Ave have laundry facilities?
    Yes, 48435 505th Ave in Perham, MN has laundry facilities.

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