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Single Family ResidenceResidential
$284,904$1,131 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 73How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

501 2ND ST SW

FRAZEE, MN 56544
1
Baths
252 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.
78.1 ac
Lot SizeThe size of the land the home sits on, from county records.
1930
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$285K
$207K low$363K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$972 (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.$293,500 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$282,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$10,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$283,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$293,500

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.36
30
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
33
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
46
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
44
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.5 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.A-Frame
CountyOTTER TAIL
Lot (acres)The size of the land the home sits on, from county records.78.10
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Space
CoolingThe type of cooling or air conditioning in the home.None
FireplaceWhether the home has a fireplace, and what kind.Yes
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.

M
Frazee Secondary SchoolC-
Middle · Grades 7–12 · 1.6 mi
E
Frazee Elementary SchoolB+
Elementary · Grades PK–6 · 1.8 mi

District: Frazee-Vergas Public School District

Neighborhood · ZIP 56544These 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.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.15

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.75%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.5,654
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.28 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,543
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$91,214
Average tempThe average temperature here across a full year.40°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

501 2nd St Sw 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 highest price per square foot in Frazee 56544
  • Among the smallest homes in Frazee 56544
  • Has a bigger lot than 95% of homes in Otter Tail County
  • Older than 87% of homes in Frazee 56544

What homes are worth in Frazee 56544

Each bar is how many homes fall in that price range. The marker is this home.

This home
$78K$856K

This home is worth more than 41% of homes in Frazee 56544.

How it measures up in Frazee 56544

The dot is this home. The mark in the middle is the typical home in Frazee 56544.

Estimated value$284,904
CheaperTypical $324,353Pricier

Pricier than 41% of homes nearby

Price per ft²$1131
CheaperTypical $254Pricier

Pricier than almost all homes nearby

Living area252 ft²
SmallerTypical 1,284 ft²Bigger

Smaller than almost all homes nearby

Lot size78.1 ac
SmallerTypical 2.5 acBigger

Bigger than 92% of homes nearby

Year built1930
OlderTypical 1981Newer

Newer than 13% of homes nearby

How 501 2nd St Sw ranks against every home in each area.
MeasureThis homeFrazee 56544Otter Tail County
Estimated valuepricier than$284,90441% of homes43% of homes
Price per ft²pricier than$1131almost all homes98% of homes
Living areabigger than252 ft²almost no homesalmost no homes
Lot sizebigger than78.1 ac92% of homes95% of homes
Year builtnewer than193013% of homes15% of homes

About 501 2nd St Sw

How much is 501 2nd St Sw, Frazee, MN worth?

The TopHap Estimate for 501 2nd St Sw, Frazee, MN is $284,904 as of Sep 24, 2026. The likely range is $206,784 to $363,024. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 501 2nd St Sw, Frazee, MN last sell?

501 2nd St Sw, Frazee, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 501 2nd St Sw, Frazee, MN?

501 2nd St Sw, Frazee, MN has 1 bathrooms, 252 square feet of living space and a 78.10-acre lot.

When was 501 2nd St Sw, Frazee, MN built?

501 2nd St Sw, Frazee, MN was built in 1930, making it 96 years old. It is a a-frame home. The building has 1 story.

What schools serve 501 2nd St Sw, Frazee, MN?

501 2nd St Sw, Frazee, MN is assigned to Frazee Secondary School (middle), rated C-; Frazee Elementary School (elementary), rated B+. All sit in Frazee-Vergas Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 501 2nd St Sw, Frazee, MN compare to other homes in Frazee 56544?

Among the 3,371 homes in Frazee 56544, it is worth more than 41% of them ($284,904 against a typical $324,353), its price per square foot is higher than almost all of them ($1131 against a typical $254), it is bigger than almost none of them (252 ft² against a typical 1,284 ft²), its lot is bigger than 92% of them (78.1 ac against a typical 2.5 ac) and it is newer than 13% of them (1930 against a typical 1981). Measured against all of Otter Tail County, it is worth more than 43% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 501 2nd St Sw, Frazee, MN?

The 2026 property tax bill for 501 2nd St Sw, Frazee, MN was $972. The county assessed it at $293,500.

Closest homes

More homes in Frazee 56544

Assigned schools

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