502 2nd St
Perham, MN 56573
3 bd 1 ba 1,368 sqft Built 1931 Lot 6,970 sqft single_family
Most recent sale
$150,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 31, 2023 | Sold | $170,000 | NorthstarMLS |
| Aug 31, 2022 | Sold | $150,000 | MLS #6190088 |
| Jun 15, 2022 | Price changed | $160,000 | MLS #6190088 |
| Jun 10, 2022 | Listed | $165,000 | MLS #6190088 |
| May 7, 2022 | Listed | $165,000 | MLS #6190088 |
| Jul 28, 2012 | Sold | $42,600 | MLS #20-8516 |
| Jul 26, 2012 | Listing removed | $40,000 | Mankato |
| May 3, 2012 | Listed | $40,000 | MLS #20-8516 |
| May 6, 1996 | Sold | $52,040 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | — | — | $130,800 | $1,308 |
| 2022 | — | — | $116,400 | $1,164 |
| 2021 | $73,000 | $6,400 | $79,400 | $1,060 |
| 2020 | $73,000 | $6,400 | $79,400 | $1,046 |
| 2019 | $70,600 | $6,400 | $77,000 | $1,010 |
| 2018 | $68,400 | $6,400 | $74,800 | $1,320 |
| 2017 | $58,700 | $6,400 | $65,100 | $1,298 |
| 2016 | $55,100 | $6,400 | $61,500 | $1,314 |
| 2015 | $52,400 | $6,400 | $58,800 | $715 |
| 2014 | $51,100 | $6,400 | $57,500 | $677 |
| 2013 | $49,200 | $6,400 | $55,600 | $960 |
| 2007 | $51,900 | $5,100 | $57,000 | $489 |
Property facts
Year built
1931
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,368 sqft
Lot size
6,970 sqft
ZIP code
56573
City
Perham
Street
2nd St
Coordinates
46.59642, -95.57843
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 502 2nd St last sell?
502 2nd St most recently sold on Aug 31, 2022 for $150,000.
What is the current tax assessment for 502 2nd St?
The most recent total assessment for 502 2nd St (year 2023) is $130,800 with $1,308 in property tax.
How does 502 2nd St's assessment compare to its last sale price?
The current assessment is 12.8% below the last sale price of $150,000.
When was 502 2nd St built?
502 2nd St was built in 1931.
How does 502 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 502 2nd St?
502 2nd St is a 3 bed, 1 bath, 1,368 sqft, 6,970 sqft lot single_family.
Is 502 2nd St a flip candidate?
No — 502 2nd St does not appear in our flips dataset.
Is 502 2nd St a tax-appeal candidate?
No — 502 2nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.5%
2026 Q2
$258.3K
2026 Q3
$254.4K
ZIP 56573 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St