505 5th Ave
Perham, MN 56573
4 bd 2 ba 2,680 sqft Built 2003 Lot 14,331 sqft single_family
Most recent sale
$279,000
Oct 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 25, 2022 | Sold | $279,000 | MLS #6225976 |
| Jul 29, 2022 | Price changed | $289,000 | MLS #6225976 |
| Jun 24, 2022 | Listed | $299,500 | MLS #6225976 |
| Jun 25, 2004 | Sold | $120,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $180,000 | $2,252 |
| 2019 | — | — | $170,100 | $2,136 |
| 2018 | — | — | $162,600 | $1,914 |
| 2017 | — | — | $140,700 | $1,894 |
| 2016 | — | — | $138,300 | $1,852 |
| 2015 | — | — | $128,700 | $1,618 |
| 2014 | — | — | $124,000 | $1,492 |
| 2013 | — | — | $117,500 | $1,502 |
| 2007 | $130,300 | $11,200 | $141,500 | $1,538 |
Property facts
Year built
2003
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,680 sqft
Lot size
14,331 sqft
ZIP code
56573
City
Perham
Street
5th Ave
Coordinates
46.59557, -95.56401
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,674
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505 5th Ave last sell?
505 5th Ave most recently sold on Oct 25, 2022 for $279,000.
What is the current tax assessment for 505 5th Ave?
The most recent total assessment for 505 5th Ave (year 2020) is $180,000 with $2,252 in property tax.
How does 505 5th Ave's assessment compare to its last sale price?
The current assessment is 35.5% below the last sale price of $279,000.
When was 505 5th Ave built?
505 5th Ave was built in 2003.
How does 505 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 505 5th Ave?
505 5th Ave is a 4 bed, 2 bath, 2,680 sqft, 14,331 sqft lot single_family.
Is 505 5th Ave a flip candidate?
No — 505 5th Ave does not appear in our flips dataset.
Is 505 5th Ave a tax-appeal candidate?
No — 505 5th Ave 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 5th Ave