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Single Family ResidenceResidential
$145,000$112 / 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 78How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $145,000 on Jul 7, 2026

508 2ND ST SE

PELICAN RAPIDS, MN 56572
1 / 1
Baths
1,294 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.
0.27 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$145K
$113K low$177K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$145,000 · Jul 7, 2026
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$145,000
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$116,000

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,168 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$180,700 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$11,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$169,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$173,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$180,700

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.40
47
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
32
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
47
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
43
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.12 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.0.27
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.Asphalt
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 120 ft²Porch · 92 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Viking Elementary SchoolB-
Elementary · Grades PK–6 · 0.1 mi
M
Pelican Rapids Secondary SchoolB-
Middle · Grades 7–12 · 0.2 mi

District: Pelican Rapids Public School District

Neighborhood · ZIP 56572These 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.130
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.17

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.59%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
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.5,862
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.29 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,588
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$88,128
Average tempThe average temperature here across a full year.41°F
Annual precipHow much rain and melted snow falls here in a typical year.24 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

508 2nd 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.

  • Worth less than 89% of homes in Pelican Rapids 56572
  • Costs less per square foot than 98% of homes in Pelican Rapids 56572
  • Bigger than 73% of homes in Otter Tail County
  • Has a smaller lot than 79% of homes in Otter Tail County
  • Older than 70% of homes in Pelican Rapids 56572

What homes are worth in Pelican Rapids 56572

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

This home
$75K$1.2M

This home is worth more than 11% of homes in Pelican Rapids 56572.

How it measures up in Pelican Rapids 56572

The dot is this home. The mark in the middle is the typical home in Pelican Rapids 56572.

Estimated value$145,000
CheaperTypical $376,306Pricier

Pricier than 11% of homes nearby

Price per ft²$112
CheaperTypical $411Pricier

Pricier than 2% of homes nearby

Living area1,294 ft²
SmallerTypical 1,008 ft²Bigger

Bigger than 71% of homes nearby

Lot size0.27 ac
SmallerTypical 0.59 acBigger

Bigger than 26% of homes nearby

Year built1960
OlderTypical 1980Newer

Newer than 30% of homes nearby

How 508 2nd St Se ranks against every home in each area.
MeasureThis homePelican Rapids 56572Otter Tail County
Estimated valuepricier than$145,00011% of homes11% of homes
Price per ft²pricier than$1122% of homes2% of homes
Living areabigger than1,294 ft²71% of homes73% of homes
Lot sizebigger than0.27 ac26% of homes21% of homes
Year builtnewer than196030% of homes32% of homes

About 508 2nd St Se

How much is 508 2nd St Se, Pelican Rapids, MN worth?

The TopHap Estimate for 508 2nd St Se, Pelican Rapids, MN is $145,000 as of Jul 14, 2026. The likely range is $112,589 to $177,411. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 508 2nd St Se, Pelican Rapids, MN last sell?

508 2nd St Se, Pelican Rapids, MN last sold on Jul 7, 2026 for $145,000, according to the county's recorded deed.

How big is 508 2nd St Se, Pelican Rapids, MN?

508 2nd St Se, Pelican Rapids, MN has 1 bathrooms, 1,294 square feet of living space and a 0.27-acre lot.

When was 508 2nd St Se, Pelican Rapids, MN built?

508 2nd St Se, Pelican Rapids, MN was built in 1960, making it 66 years old. It is a a-frame home. The building has 1 story.

What schools serve 508 2nd St Se, Pelican Rapids, MN?

508 2nd St Se, Pelican Rapids, MN is assigned to Viking Elementary School (elementary), rated B-; Pelican Rapids Secondary School (middle), rated B-. All sit in Pelican Rapids Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 2nd St Se, Pelican Rapids, MN compare to other homes in Pelican Rapids 56572?

Among the 5,533 homes in Pelican Rapids 56572, it is worth more than 11% of them ($145,000 against a typical $376,306), its price per square foot is higher than 2% of them ($112 against a typical $411), it is bigger than 71% of them (1,294 ft² against a typical 1,008 ft²), its lot is bigger than 26% of them (0.27 ac against a typical 0.59 ac) and it is newer than 30% of them (1960 against a typical 1980). Measured against all of Otter Tail County, it is worth more than 11% 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 508 2nd St Se, Pelican Rapids, MN?

The 2025 property tax bill for 508 2nd St Se, Pelican Rapids, MN was $2,168. The county assessed it at $180,700.

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