502 2nd St SW, Perham, MN 56573
OFF MARKET

$191,100

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,368 sqft

502 2nd St SW, Perham, MN 56573

Est. Refi. Payment $1,234/mo*
Refinance Your Home
Currently Off Market - Sold Oct 31, 2023 for $170,000

Home Value

Trulia Estimate
$191K
Since last month
Increased$2K (+1.1%)
Since last year
Increased$5K (+2.4%)
Since last sale
Increased$21K (+12.5%)
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 +166% in the last 10 years
MonthEstimated value
2026
September 2026$191K
August 2026$189K
July 2026$191K
June 2026$193K
May 2026$193K
April 2026$190K
March 2026$188K
February 2026$185K
January 2026$183K
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
535 1st Ave N, Perham, MN
0.48
Single-Family Home
$175,000
07/24/26
3
1
1,501
223 1st Ave S, Perham, MN
0.32
Single-Family Home
$102,000
01/23/26
3
1
1,656
311 3rd Ave NW, Perham, MN
0.26
Single-Family Home
$210,000
06/29/26
3
1
2,280
433 2nd St SW, Perham, MN
0.06
Single-Family Home
$190,000
04/30/26
3
1.5
3,378
532 2nd Ave SW, Perham, MN
0.34
Single-Family Home
$242,000
08/21/26
4
2
1,466
323 3rd Ave NW, Perham, MN
0.28
Single-Family Home
$229,000
06/01/26
3
2
2,300
332 4th St NW, Perham, MN
0.32
Single-Family Home
$220,000
05/01/26
2
2
2,128
223 3rd St SE, Perham, MN
0.42
Single-Family Home
$157,500
09/04/26
1
1
712
715 Cherry Ln, Perham, MN
0.49
Single-Family Home
$326,900
08/07/26
2
2
1,329
452 4th St NW, Perham, MN
0.30
Single-Family Home
$119,000
05/27/26
3
2
2,336

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
457 2nd St SW, Perham, MN 56573
0.05
$184,500
3
2
1,804
For Sale
433 2nd St SW, Perham, MN 56573
0.06
$190,000
3
1.5
3,378
Recently Sold
401 W Main St, Perham, MN 56573
0.08
$225,100
3
1
1,240
Off Market
155 4th Ave SW, Perham, MN 56573
0.09
$334,900
1
1
2,412
For Sale
422 3rd St SW, Perham, MN 56573
0.09
$227,700
3
2.5
1,806
Off Market
357 2nd St SW, Perham, MN 56573
0.11
$359,700
7
4
4,593
Off Market
325 2nd St SW, Perham, MN 56573
0.13
$280,200
3
2
3,020
Off Market
318 W Main St, Perham, MN 56573
0.13
$120,000
-
-
-
Recently Sold
603 W Main St, Perham, MN 56573
0.08
$216,700
3
2.5
2,126
Off Market
331 4th Ave SW, Perham, MN 56573
0.16
$225,000
2
1.5
1,184
For Sale
358 5th Ave SW, Perham, MN 56573
0.15
$161,300
3
2
1,120
Off Market

Local Information

  • Map ViewExplore the area around 502 2nd St SW.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1931
1,368 sqft
$140/sqft
Garage

About this House

First home, rental, or investment property? All fantastic possibilities with this rock-solid home. This home is the quintessential ''great bones'' home. Beautiful original woodwork and trims. Great location near downtown Perham. The house has long rental history. Situated on a nice corner lot, this is one of the most all-around affordable homes on the market. New water heater, new furnace, and new central air
502 2nd St SW, Perham, MN 56573 is a 3 bedroom, 1 bathroom, 1,368 sqft single-family home built in 1931. It last sold for $170,000 on Oct 31, 2023 (8% below the $185,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $191,100, with a rent estimate of $1,655/month.
Last check for updates: about 11 hours ago
Listed by Jason Witzke, (218) 234-1904
Jack Chivers Realty
Bought with: Jason Witzke, (218) 234-1904, Jack Chivers Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#6378259

Home Details for 502 2nd St SW

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full,Partially Finished,Sump PumpNumber of Rooms: 7Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bathroom, Dining Room, Kitchen, Laundry
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1368 Square FeetFoundation Area: 1008
Appliances & Utilities
Appliances: Dryer, Electric Water Heater, Range, Refrigerator, WasherDryerLaundry: In BasementRefrigeratorWasher
Heating & Cooling
Heating: Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfAccessibility: Other
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Patio, PorchOther Structures: Garage(s)
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Dimensions (18 x 22)No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached Garage,Concrete
Frontage
Road Frontage: City Street, Sidewalks, Street LightsResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1368 Square Feet

Days on Market

Cumulative Days on Market: 84

Property Information

Year Built
Year Built: 1931
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Concrete, FrameNot a New ConstructionNot Attached PropertyHas Additional Parcels
Property Information
Parcel Number: 77000990667000Additional Parcels Description: 77000990619000

Price & Status

Price
List Price: $185,000
Status Change & Dates
Off Market Date: Thu Oct 26 2023

Location

Direction & Address
City: PerhamCommunity: Wallace & Jungs Add
School Information
High School District: Perham-Dent

Building

Building Area
Building Area: 1368 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6969.6 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6378259Above Grade Unfinished Area: 1368

Price and Tax history

DateEventPrice
Oct 31, 2023
Source: NorthstarMLS as distributed by MLS GRID #6378259
Sold
$170,000
Oct 26, 2023
Source: NorthstarMLS as distributed by MLS GRID #6378259
Pending
$185,000
Sep 6, 2023
Source: NorthstarMLS as distributed by MLS GRID #6378259
PendingToActive
$185,000
Jul 7, 2023
Source: NorthstarMLS as distributed by MLS GRID #6378259
Pending
$185,000
Jun 3, 2023
Source: NorthstarMLS as distributed by MLS GRID #6378259
Listed For Sale
$185,000

Market trends in Perham

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
47
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 2026-09-20 18:18:29 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 502 2nd St SW

  • What is 502 2nd St SW estimated to be worth?
    Trulia's estimated value for 502 2nd St SW in Perham, MN is $191,100.
  • What is the price history for 502 2nd St SW?
    502 2nd St SW in Perham, MN last sold for $170,000 in October 2023.
  • 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 502 2nd St SW have laundry facilities?
    Yes, 502 2nd St SW in Perham, MN has in-unit laundry.
  • How big is the lot at 502 2nd St SW?
    The lot at 502 2nd St SW in Perham, MN is about 0.16 acres (6,970 sq ft).

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