505 5th Ave NE, Perham, MN 56573
OFF MARKET

$316,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,440 sqft

505 5th Ave NE, Perham, MN 56573

Currently Off Market - Sold Oct 25, 2022 for $279,000

Home Value

Trulia Estimate
$316K
Since last month
Decreased$3K (-1%)
Since last year
Decreased$9K (-2.7%)
Since last sale
Increased$36K (+12.8%)
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 +84% in the last 10 years
MonthEstimated value
2026
August 2026$315K
July 2026$318K
June 2026$321K
May 2026$328K
April 2026$327K
March 2026$313K
February 2026$319K
January 2026$317K
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
0.15
Single-Family Home
$295,000
11/18/25
2
2
1,640
0.37
Single-Family Home
$244,000
01/08/26
3
2
2,010
0.44
Single-Family Home
$275,000
07/29/26
4
2
1,848
0.46
Single-Family Home
$437,500
06/29/26
3
2
1,817
0.46
Single-Family Home
$229,000
06/01/26
3
2
2,300
0.46
Single-Family Home
$337,500
12/02/25
3
2
1,864
0.43
Single-Family Home
$244,000
04/21/26
4
2
2,452
0.29
Single-Family Home
$175,000
07/24/26
3
1
1,501
0.46
Single-Family Home
$220,000
05/01/26
2
2
2,128
0.46
Single-Family Home
$210,000
06/29/26
3
1
2,280

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
0.03
$310,000
3
2
1,745
Off Market
0.04
-
-
-
-
Off Market
0.07
$209,600
4
1.5
1,862
Off Market
0.05
$248,000
2
1
1,098
Off Market
0.04
$243,600
4
2
1,872
Off Market
0.12
$239,900
2
1
912
For Sale
0.07
$192,900
3
1
1,248
Off Market
0.15
$295,000
2
2
1,640
Recently Sold
0.14
$289,000
2
2
1,321
For Sale
0.16
$356,100
3
3
2,376
Off Market
0.20
$294,000
4
2
1,608
Off Market
0.21
$392,600
5
3
2,717
Off Market

Local Information

  • Map ViewExplore the area around 505 5th Ave NE.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2003
Living Area
1,440 sqft
Price/Sqft
$220
Parking
Garage

About this House

This single-family home is located at 505 5th Ave NE, Perham, MN. 505 5th Ave NE is in Perham, MN and in ZIP code 56573. This property has 3 bedrooms, 2 bathrooms and approximately 1,440 sqft of floor space. This property has a lot size of 0.33 acres and was built in 2003.
505 5th Ave NE, Perham, MN 56573 is a 3 bedroom, 2 bathroom, 1,440 sqft single-family home built in 2003. It last sold for $279,000 on Oct 25, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $316,100, with a rent estimate of $1,731/month.

Home Details for 505 5th Ave NE

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Wood
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Oct 25, 2022
Source: NorthstarMLS as distributed by MLS GRID #6225976
Sold
$279,000
Sep 11, 2022
Source: NorthstarMLS as distributed by MLS GRID #6225976
Pending
$289,000
Jul 29, 2022
Source: NorthstarMLS as distributed by MLS GRID #6225976
PriceChange
$289,000
Price decreased by 4%
Jun 24, 2022
Source: NorthstarMLS as distributed by MLS GRID #6225976
Listed For Sale
$299,500

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
1
MoM

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 505 5th Ave NE

  • What is 505 5th Ave NE estimated to be worth?
    Trulia's estimated value for 505 5th Ave NE in Perham, MN is $316,100.
  • What is the price history for 505 5th Ave NE?
    505 5th Ave NE in Perham, MN last sold for $279,000 in October 2022.
  • 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 505 5th Ave NE?
    The lot at 505 5th Ave NE in Perham, MN is about 0.33 acres (14,331 sq ft).
  • Does 505 5th Ave NE have a garage?
    Yes, 505 5th Ave NE in Perham, MN has a garage.

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Off Market Homes Near 505 5th Ave NE

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