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558 2nd Ave

Perham, MN 56573

3 bd 2 ba 1,719 sqft Built 1900 Lot 7,492 sqft single_family
Most recent sale
$194,900
Apr 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2024 Sold $194,900 NorthstarMLS
Feb 13, 2024 Price changed $194,900 NorthstarMLS
Dec 29, 2023 Listed $199,900 NorthstarMLS
May 5, 2017 Sold $122,500 LakeRegionMN
Mar 6, 2017 Listed $124,900 LakeRegionMN
Sep 20, 2005 Sold $103,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $230,400 $2,304
2021 $61,700 $2,352
2020 $58,000 $1,882
2019 $55,500 $800
2018 $44,600 $672
2017 $44,000 $668
2016 $41,500 $652
2015 $40,300 $580
2014 $38,900 $534
2007 $62,700 $6,000 $68,700 $590

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,719 sqft
Lot size
7,492 sqft
ZIP code
56573
City
Perham
Street
2nd Ave
Coordinates
46.59123, -95.57904

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,169
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 558 2nd Ave last sell?
558 2nd Ave most recently sold on Apr 22, 2024 for $194,900.
What is the current tax assessment for 558 2nd Ave?
The most recent total assessment for 558 2nd Ave (year 2022) is $230,400 with $2,304 in property tax.
How does 558 2nd Ave's assessment compare to its last sale price?
The current assessment is 18.2% above the last sale price of $194,900.
When was 558 2nd Ave built?
558 2nd Ave was built in 1900.
How does 558 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 558 2nd Ave?
558 2nd Ave is a 3 bed, 2 bath, 1,719 sqft, 7,492 sqft lot single_family.
Is 558 2nd Ave a flip candidate?
No — 558 2nd Ave does not appear in our flips dataset.
Is 558 2nd Ave a tax-appeal candidate?
Yes — 558 2nd Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.5%
2026 Q2
$258.3K
2026 Q3
$254.4K
ZIP 56573 — Median Price History + Forecast

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