Google satellite image for 51277 480th St, Perham, MN 56573

Off market dec 2005 for $53K

$178,020

Est. refi paymentEst. refi $368/mo

•

1 ba

•

784

sq ft

51277 480th St, Perham, MN 56573

About this home

51277 480th St is a 784 square foot house on a 2.5 acre lot with 3 bedrooms and 1 bathroom. - it last sold on December 16, 2005 for $53,000. Based on Redfin's Perham data, we estimate the home's value is $178,020.

Single-familyProperty Type

1917Year Built

2.5 acresLot Size

$227Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$178,020

$125K since sold in December 2005$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.5% lower than the average sale price ($239K) of 6 comparable homes.

SOLD JUL 1, 2026
$580,000
A
3 beds1 bath— sq ft
46622 Timberlane Dr, Perham, MN 56573
SOLD SEP 1, 2026
$248,000
B
3 beds1 bath— sq ft
48088 County Highway 13, Perham, MN 56573
SOLD AUG 19, 2026
$139,900
C
3 beds1 bath— sq ft
106 N Broadway, New York Mills, MN 56567
SOLD SEP 12, 2026
$200,000
D
3 beds1 bath— sq ft
54957 473rd St, New York Mills, MN 56567
SOLD JUL 24, 2026
$175,000
E
3 beds1 bath— sq ft
535 1st Ave N, Perham, MN 56573
SOLD JUL 15, 2026
$90,000
F
3 beds1 bath— sq ft
404 E Gilman St, New York Mills, MN 56567

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Refinance

Est. cash available

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Rent

$1,631/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

96.2%

0.2% MoM

Median sale price

$333K

$27K MoM

Avg. days on market

46d

8 days MoM

Recently sold homes

7 MoM

New listings for sale

$675,000
3 beds3 baths2,976 sq ft
40257 Aerovilla Rd, Perham, MN 56573
$349,000
4 beds3 baths2,792 sq ft
520 12th St NW, Perham, MN 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
See all

Provided by Redfin

Sale history for 51277 480th St

Tax history for 51277 480th 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: 624

Bathroom Information
# of Full Baths: 1

Heating & Cooling
Heating Type: Forced Air

Exterior

Exterior Information
Exterior Wall: Asbestos
Roof Shape Type: Gable/Hip
Building Type: Single Family

Property Information
Living Sq. Ft: 784
Ground Floor Sq. Ft: 160
Building Sq. Ft: 1,408
Legal Description: SECT-24 TWP-137 RANGE-038 2.50 AC PT S1/2 NE1/4 SE1/4 & PT S1/2 NW1/4 SE1/4 COM SE COR SEC 24 S 89 DEG W 1193' N 2 DEG E 1233' NLY ALG CURVE 238' N 8 DEG W 74.9' TO BG S 89 DEG W 165.8' N 435.6' N 89 DEG E 250' S 435.6' S 89 DEG W 84'TO BG

Lot Information
# of Buildings: 1
Land Sq. Ft: 108,900
Municipality Name: CORLISS TWP
Acres: 2.5
County Use Description: SINGLE FAM

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 784
Stories: —
Lot Size: 2.5 acres
Style: Single Family Residential
Year Built: 1917
Year Renovated: 1928
County: Otter Tail County
APN: 12000240159002

Home facts updated by county records on Sep 3, 2026

Around this home

Schools

Heart Of The Lake Elementary School

Public PreK-4 • Assigned • 9.3mi

7/10

Prairie Wind Middle School

Public 5-8 • Assigned • 9.4mi

6/10

Perham Senior High School

Public 9-12 • Assigned • 9.5mi

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

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 95° expected this year, 13 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

$170,000 – $205,000

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Nearby similar homes

$1,920,000

4 beds1 bath1,790 sq ft

48709 County Highway 8, Perham, MN 56573

$435,000

3 beds2 baths1,556 sq ft

11208 State Highway 87, Menahga, MN 56464

3D WALKTHROUGH

$450,000

4 beds2 baths1,350 sq ft

57582 398th St, New York Mills, MN 56567

$550,000

3 beds3 baths3,212 sq ft

49684 440th St, Perham, MN 56573

$525,000

4 beds3 baths3,368 sq ft

41803 397th St, Perham, MN 56573

NEW CONSTRUCTION

$329,900

2 beds2 baths1,340 sq ft

707 Cherry Ln, Perham, MN 56573

New listings for sale in 56573

$675,000

3 beds3 baths2,976 sq ft

40257 Aerovilla Rd, Perham, MN 56573

$349,000

4 beds3 baths2,792 sq ft

520 12th St NW, Perham, MN 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

Home values near 51277 480th St

Data from public records.

Address	Redfin Estimate
51970 480th St, Perham, MN 2 Beds \| 2 Baths \| 1700 Sq. Ft.	$615,679
51635 County Highway 8, Perham, MN - Beds \| 2 Baths \| 1540 Sq. Ft.	$633,598

Address	Redfin Estimate
50389 480th St, Perham, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$619,853
47682 515th Ave, Perham, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$344,557

Address	Redfin Estimate
49238 505th Ave, Perham, MN - Beds \| 3 Baths \| 1958 Sq. Ft.	$378,691
51918 Lake Edna Rd, Perham, MN - Beds \| 1 Baths \| 768 Sq. Ft.	$635,497

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GreatSchools Ratings provided by GreatSchools.org.

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