This quaint hobby farm on nearly 10 wooded acres is a horse owner's dream or a hunter's delight. In addition to the array of beautiful songbirds the owners see deer, turkeys, and the occasional bear. The home has undergone numerous recent updates in the main level kitchen and living area: including all new appliances, kitchen cabinets/countertops, flooring, light fixtures, toilets, exterior deck, well pressure tank, and water softener. The basement, with its additional private entrance, could be rented out as a separate apartment equipped with a kitchen and full bath with laundry hookups. Outdoors, the parcel is almost entirely fenced in. Outbuildings include a loafing shed, chicken coop, and permanent deer stand. The 24x52 garage is 2 stalls plus shop, plus another 32x16 back shop, all heated. This dream hobby farm is very close to lakes and less than 20 minutes from the high schools in Perham and New York Mills, and both buses go by. Come, take a look!
Closed
$293,550
48218 505th Ave, Perham, MN 56573
3beds
3,182sqft
Single Family Residence
Built in 1985
9.73 Acres Lot
$398,100 Zestimate®
$92/sqft
$2,997 Estimated rent
Home value
$398,100
$362,000 - $438,000
$2,997/mo
Zestimate® history
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List your homeWhat's special
Dream hobby farmVery close to lakesPermanent deer standNew appliancesKitchen cabinetsLight fixturesExterior deck
Zillow last checked:
Listing updated:
Listed by:
Wendie VanKirk 320-760-9190,
Edina Realty, Inc.
Bought with:
Matthew Brekke
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6374130
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12x18
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bathroom
- Level: Main
- Area: 55 Square Feet
- Dimensions: 11x5
Bathroom
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x8
Bathroom
- Level: Basement
- Area: 143 Square Feet
- Dimensions: 11x13
Family room
- Level: Basement
- Area: 247 Square Feet
- Dimensions: 19x13
Other
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Kitchen
- Level: Main
- Area: 364 Square Feet
- Dimensions: 28x13
Kitchen 2nd
- Level: Basement
- Area: 224 Square Feet
- Dimensions: 14x16
Laundry
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15x14
Living room
- Level: Main
- Area: 468 Square Feet
- Dimensions: 36x13
Office
- Level: Basement
- Area: 104 Square Feet
- Dimensions: 8x13
Storage
- Level: Basement
- Area: 90 Square Feet
- Dimensions: 10x9
Utility room
- Level: Basement
- Area: 806 Square Feet
- Dimensions: 31x26
Heating
- Forced Air, Wood Stove
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: In Basement, Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Basement: Egress Window(s),Partially Finished
- Number of fireplaces: 1
- Fireplace features: Electric, Living Room
Interior area
- Total structure area: 3,182
- Total interior livable area: 3,182 sqft
- Finished area above ground: 2,308
- Finished area below ground: 874
Property
Parking
- Total spaces: 2
- Parking features: Attached, Gravel, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (24x52), Garage Door Height (7), Garage Door Width (9)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Rear Porch
- Fencing: Wire
Lot
- Size: 9.73 Acres
- Dimensions: 400 x 1168
- Features: Suitable for Horses, Tree Coverage - Heavy
- Topography: Level,Pasture,Wooded
Details
- Additional structures: Chicken Coop/Barn, Loafing Shed
- Foundation area: 1680
- Parcel number: 00012000240156002
- Zoning description: Residential-Single Family
- Other equipment: Fuel Tank - Rented
- Wooded area: 348480
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Wood
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Propane, Wood
- Sewer: Mound Septic, Private Sewer, Tank with Drainage Field
- Water: 4-Inch Submersible, Drilled, Private, Well
Community & neighborhood
Location
- Region: Perham
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2023 | Sold | $293,550+0.4%$92/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6374130 Report a problem | ||
| 6/20/2023 | Pending sale | $292,500$92/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6374130 Report a problem | ||
| 5/31/2023 | Price change | $292,500-2.5%$92/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6374130 Report a problem | ||
| 5/20/2023 | Listed for sale | $300,000+43.5%$94/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6374130 Report a problem | ||
| 1/6/2021 | Sold | $209,000$66/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6063576 Report a problem | ||
| 9/2/2020 | Listing removed | $209,000$66/sqft |
Source: Real Estate Results #20-29500 Report a problem | ||
| 8/3/2020 | Price change | $209,000-5%$66/sqft |
Source: Real Estate Results #20-29500 Report a problem | ||
| 7/20/2020 | Price change | $220,000-3.9%$69/sqft |
Source: Real Estate Results #20-29500 Report a problem | ||
| 7/7/2020 | Price change | $229,000-4.2%$72/sqft |
Source: Real Estate Results #20-29500 Report a problem | ||
| 6/10/2020 | Price change | $239,000-4%$75/sqft |
Source: Real Estate Results #20-29500 Report a problem | ||
| 5/20/2020 | Price change | $249,000-3.9%$78/sqft |
Source: Real Estate Results #20-29500 Report a problem | ||
| 4/23/2020 | Price change | $259,000-1.9%$81/sqft |
Source: Real Estate Results #20-29500 Report a problem | ||
| 3/11/2020 | Listed for sale | $264,000$83/sqft |
Source: Real Estate Results #20-29500 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,371 +12.7% | $397,000 +3.7% |
| 2024 | $2,104 +1.3% | $382,700 +25.1% |
| 2023 | $2,078 +5.5% | $305,800 +28.3% |
| 2022 | $1,970 +15.3% | $238,300 |
| 2021 | $1,708 +3.5% | -- |
| 2020 | $1,650 +3.6% | $211,000 +7.1% |
| 2018 | $1,593 -4.6% | $197,100 +5.2% |
| 2017 | $1,670 +6.2% | $187,400 +7.6% |
| 2016 | $1,572 | $174,200 |
| 2015 | $1,572 +14.2% | -- |
| 2014 | $1,376 | $170,000 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | $778 -1.8% | -- |
| 2010 | $792 | -- |
Find assessor info on the county website
Neighborhood: 56573
Nearby schools
GreatSchools rating
- 7/10Heart Of The Lake Elementary SchoolGrades: PK-4Distance: 8.7 mi
- 6/10Prairie Wind Middle SchoolGrades: 5-8Distance: 8.8 mi
- 7/10Perham Senior High SchoolGrades: 9-12Distance: 8.9 mi
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- Minnesota
- Otter Tail County
- Perham
- 56573
- 48218 505th Ave
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