Google street view image for 40490 Minnesota St, Perham, MN 56573

Off market feb 2026 for $370K

$465,391

Est. refi paymentEst. refi $2,680/mo

—

•

2 ba

•

2,716

sq ft

40490 Minnesota St, Perham, MN 56573

About this home

40490 Minnesota St is a 2,716 square foot house on a 4.75 acre lot with 2 bathrooms. - it last sold on February 05, 2026 for $370,000. Based on Redfin's Perham data, we estimate the home's value is $465,391.

Single-familyProperty Type

2001Year Built

4.75 acresLot Size

$171Est. Price/Sq.Ft.

2 car garageParking

Source:Public Records

Redfin Estimate

$465,391

$95K since sold in February 2026$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.5% lower than the average sale price ($564K) of 6 comparable homes.

SOLD MAR 30, 2026
$349,000
A
5 beds3 baths— sq ft
42626 County Highway 125, Perham, MN 56573
SOLD JUN 11, 2026
$435,000
B
4 beds3 baths— sq ft
41970 400th St, Perham, MN 56573
SOLD JAN 12, 2026
$1,100,000
C
4 beds3 baths— sq ft
43555 E Paul Lake Dr, Perham, MN 56573
SOLD JUL 24, 2026
$735,000
D
4 beds3 baths— sq ft
38079 Dead Lake Rd, Richville, MN 56576
SOLD JUL 31, 2026
$390,000
E
4 beds3 baths— sq ft
1005 5th Ave NW, Perham, MN 56573
SOLD JUL 29, 2026
$375,000
F
3 beds3 baths— sq ft
43894 Easy St, Perham, MN 56573

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Refinance

Est. cash available

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Rent

$3,158/mo

Redfin rental estimate

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Market trends in 56573, MN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.4%

0.8% MoM

Median sale price

$360K

$25K MoM

Avg. days on market

38d

10 days MoM

Recently sold homes

1 MoM

New listings for sale

$365,000
4 beds2 baths2,059 sq ft
41485 429th St, Perham, MN 56573
$469,000
3 beds3 baths3,640 sq ft
350 6th St NE, Perham, MN 56573
$1,300,000
4 beds3 baths3,840 sq ft
39644 Marion Lodge Trl, Perham, MN 56573
See all

Provided by Redfin

Sale history for 40490 Minnesota St

Tax history for 40490 Minnesota St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Basement Information
Basement Sq. Ft: 1,164
Basement Finish: Finished
Basement Type: Finished

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Heating Type: Forced Air

Exterior

Exterior Information
Foundation Type: Concrete
Exterior Wall: Vinyl
Roof Shape Type: Gable/Hip
Building Type: Single Family

Property Information
Living Sq. Ft: 2,716
Building Sq. Ft: 3,616
Legal Description: SECT-30 TWP-136 RANGE-039 4.75 AC PT NW 1/4 BEG NE COR NW 1/4 S 685' N 41(DEGREES)W 910.14' E 604.94' TO BEG

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 900
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 206,910
Municipality Name: PERHAM TWP
Acres: 4.75
County Use Description: SINGLE FAM

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 2,716
Stories: —
Lot Size: 4.75 acres
Style: Single Family Residential
Year Built: 2001
Year Renovated: 2001
County: Otter Tail County
APN: 51000300219001

Home facts updated by county records on Sep 3, 2026

Around this home

Schools

Prairie Wind Middle School

Public 5-8 • Assigned • 3.3mi

6/10

Perham Senior High School

Public 9-12 • Assigned • 3.1mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 96° expected this year, 12 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Perham, MN • 56573

Average low and high temperatures (°F)

-1

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.9 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$443,000 – $536,000

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Nearby similar homes

$284,900

1 bed1 bath896 sq ft

38151 County Highway 35, Dent, MN 56528

$525,000

4 beds3 baths3,368 sq ft

41803 397th St, Perham, MN 56573

3D WALKTHROUGH

$389,900

3 beds2 baths2,664 sq ft

44547 451st St, Perham, MN 56573

FOR SALE BY OWNER

$484,900

1 bed2 baths448 sq ft

816 E Scharf Ave, Vergas, MN 56587

$227,500

3 beds1 bath1,536 sq ft

613 Cherry Ave, Frazee, MN 56544

$322,500

3 beds2 baths2,016 sq ft

512 Pinetree Dr, Perham, MN 56573

New listings for sale in 56573

$365,000

4 beds2 baths2,059 sq ft

41485 429th St, Perham, MN 56573

$469,000

3 beds3 baths3,640 sq ft

350 6th St NE, Perham, MN 56573

$1,300,000

4 beds3 baths3,840 sq ft

39644 Marion Lodge Trl, Perham, MN 56573

Home values near 40490 Minnesota St

Data from public records.

Address	Redfin Estimate
40658 Minnesota Street, Perham, MN - Beds \| 2 Baths \| 1184 Sq. Ft.	$224,241
41053 427th Street, Perham, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$306,380

Address	Redfin Estimate
40984 Minnesota Street, Perham, MN - Beds \| 1 Baths \| 336 Sq. Ft.	$155,969
42233 County Highway 125, Perham, MN 6 Beds \| 2 Baths \| - Sq. Ft.	$199,399

Address	Redfin Estimate
40116 Minnesota Street, Perham, MN 1 Beds \| 1 Baths \| 1040 Sq. Ft.	$289,827
41869 400th Avenue, Perham, MN - Beds \| 1 Baths \| 1020 Sq. Ft.	$551,855

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GreatSchools Ratings provided by GreatSchools.org.

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