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Apartments (Generic)Residential
Last sold for $875,000 on Jan 3, 2023

500 3RD ST SE

PERHAM, MN 56573
0
Baths
6,008 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.34 ac
Lot SizeThe size of the land the home sits on, from county records.
1974
Year BuiltThe year the home was originally built, according to county records.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$875,000 · Jan 3, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,902 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$328,700 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$21,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$306,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$305,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$328,700

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.28
10
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
6
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
49
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
46
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
31
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.7 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Apartments (Generic)
CountyOTTER TAIL
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1982
Lot (acres)The size of the land the home sits on, from county records.0.34
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Heart of the Lake Elementary SchoolB
Elementary · Grades PK–4 · 0.6 mi
M
Prairie Wind Middle SchoolB-
Middle · Grades 5–8 · 0.7 mi
H
Perham Senior High SchoolB
High · Grades 9–12 · 0.7 mi

District: Perham-Dent Public School District

Neighborhood · ZIP 56573These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.104
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.84
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.21

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.80%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.6,882
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.44 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,014
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$83,433
Average tempThe average temperature here across a full year.41°F
Annual precipHow much rain and melted snow falls here in a typical year.25 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

500 3rd St Se measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Otter Tail County
  • Has a smaller lot than 73% of homes in Otter Tail County
  • Older than 65% of homes in Perham 56573

How it measures up in Perham 56573

The dot is this home. The mark in the middle is the typical home in Perham 56573.

Living area6,008 ft²
SmallerTypical 1,126 ft²Bigger

Bigger than almost all homes nearby

Lot size0.34 ac
SmallerTypical 0.62 acBigger

Bigger than 29% of homes nearby

Year built1974
OlderTypical 1989Newer

Newer than 35% of homes nearby

How 500 3rd St Se ranks against every home in each area.
MeasureThis homePerham 56573Otter Tail County
Living areabigger than6,008 ft²almost all homesalmost all homes
Lot sizebigger than0.34 ac29% of homes27% of homes
Year builtnewer than197435% of homes44% of homes

About 500 3rd St Se

When did 500 3rd St Se, Perham, MN last sell?

500 3rd St Se, Perham, MN last sold on Jan 3, 2023 for $875,000, according to the county's recorded deed.

How big is 500 3rd St Se, Perham, MN?

500 3rd St Se, Perham, MN has 6,008 square feet of living space and a 0.34-acre lot.

When was 500 3rd St Se, Perham, MN built?

500 3rd St Se, Perham, MN was built in 1974, making it 52 years old.

What schools serve 500 3rd St Se, Perham, MN?

500 3rd St Se, Perham, MN is assigned to Heart of the Lake Elementary School (elementary), rated B; Prairie Wind Middle School (middle), rated B-; Perham Senior High School (high), rated B. All sit in Perham-Dent Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 500 3rd St Se, Perham, MN compare to other homes in Perham 56573?

Among the 4,491 homes in Perham 56573, it is bigger than almost all of them (6,008 ft² against a typical 1,126 ft²), its lot is bigger than 29% of them (0.34 ac against a typical 0.62 ac) and it is newer than 35% of them (1974 against a typical 1989). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 500 3rd St Se, Perham, MN?

The 2026 property tax bill for 500 3rd St Se, Perham, MN was $4,902. The county assessed it at $328,700.

More homes on 3rd St Se

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