Google street view image for 515 5th St SW, Perham, MN 56573

Off market nov 1998 for $90K

$286,292

Est. refi paymentEst. refi $618/mo

•

2 ba

•

2,184

sq ft

515 5th St SW, Perham, MN 56573

About this home

515 5th St SW is a 2,184 square foot house on a 0.32 acre lot with 3 bedrooms and 2 bathrooms. - it last sold on November 06, 1998 for $90,000. Based on Redfin's Perham data, we estimate the home's value is $286,292.

Single-familyProperty Type

1957Year Built

0.32 acresLot Size

$131Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$286,292

$196K since sold in November 1998$9,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.2% lower than the average sale price ($312K) of 6 comparable homes.

SOLD OCT 9, 2026
$184,500
A
3 beds2 baths— sq ft
457 2nd St SW, Perham, MN 56573
SOLD JUN 1, 2026
$229,000
B
3 beds2 baths— sq ft
323 3rd Ave NW, Perham, MN 56573
SOLD SEP 29, 2026
$250,000
C
4 beds2 baths— sq ft
720 6th Dr NW, Perham, MN 56573
SOLD JUL 20, 2026
$765,000
D
3 beds2 baths— sq ft
43592 W Paul Lake Dr, Perham, MN 56573
SOLD JUN 29, 2026
$210,000
E
3 beds1 bath— sq ft
311 3rd Ave NW, Perham, MN 56573
SOLD JUL 10, 2026
$232,500
F
4 beds2 baths— sq ft
820 2nd St SW, Perham, MN 56573

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Earn from this home

Refinance

Est. cash available

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Rent

$2,930/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
See all

Provided by Redfin

Sale history for 515 5th St SW

Tax history for 515 5th St SW

*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: 721
Basement Finish: Finished
Basement Type: Finished

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Heating Type: Hot Water

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

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

Property Information
Subdivision Name: KRAUSS ADD
Living Sq. Ft: 2,184
Building Sq. Ft: 2,760
Legal Description: SECT-15 TWP-136 RANGE-039 KRAUSS ADDN LOTS 1 & 2 BLK 3

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 960
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 13,998
Legal Lot Number: 1
Legal Block Number: 3
Municipality Name: PERHAM CITY
Acres: 0.3213
County Use Description: SINGLE FAM

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 2,184
Stories: —
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1957
Year Renovated: 1964
County: Otter Tail County
APN: 77000990787000

Home facts updated by county records on Sep 3, 2026

Around this home

Schools

Heart Of The Lake Elementary School

Public PreK-4 • Assigned • 0.4mi

7/10

Prairie Wind Middle School

Public 5-8 • Assigned • 0.5mi

6/10

Perham Senior High School

Public 9-12 • Assigned • 0.5mi

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

0.15% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 97° 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

$272,000 – $330,000

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Nearby similar homes

$1,450,000

4 beds1 bath1,790 sq ft

48709 County Highway 8, Perham, MN 56573

FOR SALE BY OWNER

$519,000

Studio1 bath— sq ft

36510 375th Ave, Richville, MN 56576

$450,000

Land— sq ft

40328 Long Lake Rd, Richville, MN 56576

$384,900

3 beds2 baths2,664 sq ft

44547 451st St, Perham, MN 56573

$220,000

4 beds2 baths1,020 sq ft

35686 Rush Lake Loop #13, Ottertail, MN 56571

$359,500

3 beds2 baths1,870 sq ft

44198 Mosquito Trl, 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

Home values near 515 5th St SW

Data from public records.

Address	Redfin Estimate
455 5th St SW, Perham, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$313,345
424 5th St SW, Perham, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$270,762

Address	Redfin Estimate
434 5th St SW, Perham, MN 5 Beds \| 3 Baths \| 2624 Sq. Ft.	—
547 5th St SW, Perham, MN 5 Beds \| 3 Baths \| - Sq. Ft.	$311,072

Address	Redfin Estimate
411 5th St SW, Perham, MN 3 Beds \| 2 Baths \| 2194 Sq. Ft.	$272,789
559 5th St SW, Perham, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$284,573

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GreatSchools Ratings provided by GreatSchools.org.

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