Closed

$170,000

502 2nd St SW, Perham, MN 56573

3beds

1,368sqft

Single Family Residence

Built in 1931

6,969 Square Feet Lot

$191,500 Zestimate^®

$124/sqft

$1,567 Estimated rent

Home value

$191,500

$182,000 - $201,000

$1,567/mo

Zestimate^® history

Owner options

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$1,567/mo

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$1,567/mo

Rent Zestimate^®

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$829/mo

Est. payment

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$829/mo

Est. payment

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What's special

New central airRock-solid homeNew furnaceNice corner lot

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

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Bedroom

Level: Main

Bedroom 2

Level: Main

Bedroom 3

Level: Upper

Bathroom

Level: Main

Dining room

Level: Main

Kitchen

Level: Main

Laundry

Level: Basement

Heating

Forced Air

Cooling

None

Appliances

Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
Laundry: In Basement

Features

Basement: Full,Partially Finished,Sump Pump

Interior area

Total structure area: 1,368
Total interior livable area: 1,368 sqft
Finished area above ground: 1,368
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached Garage, Concrete
Garage spaces: 1
Details: Garage Dimensions (18 x 22)

Accessibility

Accessibility features: Other

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Patio, Porch

Lot

Size: 6,969 Square Feet
Dimensions: 140 * 50
Features: Corner Lot

Details

Additional structures: Garage(s)
Foundation area: 1008
Additional parcels included: 77000990619000
Parcel number: 77000990667000
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Concrete, Frame
Roof: Asphalt

Condition

New construction: No
Year built: 1931

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Wallace & Jungs Add

HOA

Has HOA: No

Location

Region: Perham

Financial & listing details

Price per square foot: $124/sqft
Tax assessed value: $169,200
Annual tax amount: $1,236
Date on market: 6/3/2023
Cumulative days on market: 84 days

Price history

Date	Event	Price
10/31/2023	Sold	$170,000-8.1%$124/sqft
Source: NorthstarMLS as distributed by MLS GRID #6378259 Report a problem
10/26/2023	Pending sale	$185,000$135/sqft
Source: NorthstarMLS as distributed by MLS GRID #6378259 Report a problem
9/6/2023	Listed for sale	$185,000$135/sqft
Source: NorthstarMLS as distributed by MLS GRID #6378259 Report a problem
7/7/2023	Pending sale	$185,000$135/sqft
Source: NorthstarMLS as distributed by MLS GRID #6378259 Report a problem
6/3/2023	Listed for sale	$185,000+23.3%$135/sqft
Source: NorthstarMLS as distributed by MLS GRID #6378259 Report a problem
8/31/2022	Sold	$150,000-6.3%$110/sqft
Source: NorthstarMLS as distributed by MLS GRID #6190088 Report a problem
7/25/2022	Pending sale	$160,000$117/sqft
Source: NorthstarMLS as distributed by MLS GRID #6190088 Report a problem
6/15/2022	Listed for sale	$160,000-3%$117/sqft
Source: NorthstarMLS as distributed by MLS GRID #6190088 Report a problem
6/14/2022	Listing removed	--
Source: MWMMLS #20-35843 Report a problem
5/7/2022	Listed for sale	$165,000+54.2%$121/sqft
Source: MWMMLS #20-35843 Report a problem
2/13/2014	Listing removed	$107,000$78/sqft
Source: Stueve Realty, Inc. #20-12192 Report a problem
2/11/2014	Listed for sale	$107,000+151.2%$78/sqft
Source: Stueve Realty, Inc. #20-12192 Report a problem
7/28/2012	Sold	$42,600+6.5%$31/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #1817960 Report a problem
5/9/2012	Listed for sale	$40,000$29/sqft
Source: foreclosure.com Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,347 +37.4%	$169,200 +3.6%
2024	$980 -20.2%	$163,300 +46.1%
2023	$1,228 +5.5%	$111,800 +28.1%
2022	$1,164 +17.6%	$87,300
2021	$990 +1.4%	--
2020	$976 +15.2%	$79,400 +6.1%
2018	$848 -16.1%	$74,800 +14.9%
2017	$1,010 -23.1%	$65,100 +10.7%
2016	$1,314	$58,800
2015	$1,314 +6.3%	--
2014	$1,236	$55,600
2013	--	--
2012	--	--
2011	$419 +3.4%	--
2010	$405	--