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

502 2nd St SW
Perham, MN 56573

  • 3 Beds
  • 1 Bath
  • 1,368 sqft

$192,900

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $1,160/mo*

$192,900

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $1,160/mo*
3 Beds
1 Bath
1,368 sqft

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

Description

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). It is currently off market. The Trulia Estimate is $192,900, with a rent estimate of $1,656/month.

Home Highlights

Parking
Garage
Outdoor
Porch, Patio
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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
Last check for updates: about 15 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

Price History for 502 2nd St SW

DatePriceEventSource
10/31/2023$170,000Sold
NorthstarMLS as distributed by MLS GRID #6378259
10/26/2023$185,000PendingNorthstarMLS as distributed by MLS GRID #6378259
09/06/2023$185,000PendingToActiveNorthstarMLS as distributed by MLS GRID #6378259
07/07/2023$185,000PendingNorthstarMLS as distributed by MLS GRID #6378259
06/03/2023$185,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6378259
08/31/2022$150,000Sold
NorthstarMLS as distributed by MLS GRID #6190088
07/25/2022$160,000PendingNorthstarMLS as distributed by MLS GRID #6190088
06/15/2022$160,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6190088
06/14/2022ListingRemovedMWMMLS #20-35843
05/07/2022$165,000Listed For SaleMWMMLS #20-35843
02/13/2014$107,000ListingRemovedAgent Provided
02/11/2014$107,000Listed For SaleAgent Provided
07/28/2012$42,600Sold
Lake Superior Area Realtors as distributed by MLS GRID #1817960
05/09/2012$40,000Listed For SaleAgent Provided

Market trends in Perham

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
47
14
MoM
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Property Tax and Assessment

Year2025
Tax$1,347
Assessment$169,200
Home facts updated by county records

Comparable Sales for 502 2nd St SW

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.32
Single-Family Home
$102,000
01/23/26
3
1
1,656
0.26
Single-Family Home
$210,000
06/29/26
3
1
2,280
0.06
Single-Family Home
$190,000
04/30/26
3
1.5
3,378
0.35
Single-Family Home
$141,000
08/22/25
3
2
767
0.28
Single-Family Home
$229,000
06/01/26
3
2
2,300
0.32
Single-Family Home
$220,000
05/01/26
2
2
2,128
0.37
Single-Family Home
$230,000
07/21/25
3
2
2,411
0.30
Single-Family Home
$119,000
05/27/26
2
2
2,336
0.55
Single-Family Home
$199,000
08/01/25
4
2
1,300
0.63
Single-Family Home
$250,000
07/17/25
3
2
1,756

Nearby homes

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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

Apartments for Rent

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Homes for sale near 502 2nd St SW

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Off Market Homes Near 502 2nd St SW

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Based on information submitted to the MLS GRID as of 2026-07-06 13:33:23 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
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