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Single Family ResidenceResidential
$28,267$44 / 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 71How 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 $27,000 on May 21, 2025

508 2ND ST W

THIEF RIVER FALLS, MN 56701
0
Baths
642 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.
3,497 ft²
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.

Valuation

$28K
$20K low$36K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$27,000 · May 21, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$474 (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.$27,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$6,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$21,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$27,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$27,600

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.30
44
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
7
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
42
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
41
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
19
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.10 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
CountyPENNINGTON
Lot (acres)The size of the land the home sits on, from county records.0.08
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

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.

H
Lincoln Senior High SchoolC
High · Grades 9–12 · 0.2 mi
M
Franklin Middle SchoolC+
Middle · Grades 6–8 · 1.3 mi
E
Challenger Elementary SchoolC+
Elementary · Grades PK–5 · 1.8 mi

District: Thief River Falls School District

Neighborhood · ZIP 56701These 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.125
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.6

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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.11,683
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.31 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,770
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$87,915
Average tempThe average temperature here across a full year.39°F
Annual precipHow much rain and melted snow falls here in a typical year.22 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

508 2nd St W 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 least valuable homes in Thief River Falls 56701
  • Costs less per square foot than 97% of homes in Thief River Falls 56701
  • Smaller than 98% of homes in Thief River Falls 56701
  • Among the smallest lots in Thief River Falls 56701
  • Older than 79% of homes in Thief River Falls 56701

What homes are worth in Thief River Falls 56701

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

This home
$35K$414K

This home is worth less than almost all homes in Thief River Falls 56701.

How it measures up in Thief River Falls 56701

The dot is this home. The mark in the middle is the typical home in Thief River Falls 56701.

Estimated value$28,267
CheaperTypical $171,948Pricier

Cheaper than almost all homes nearby

Price per ft²$44
CheaperTypical $129Pricier

Pricier than 3% of homes nearby

Living area642 ft²
SmallerTypical 1,326 ft²Bigger

Bigger than 2% of homes nearby

Lot size3,497 ft²
SmallerTypical 0.34 acBigger

Smaller than almost all homes nearby

Year built1920
OlderTypical 1969Newer

Newer than 21% of homes nearby

How 508 2nd St W ranks against every home in each area.
MeasureThis homeThief River Falls 56701
Estimated valuepricier than$28,267almost no homes
Price per ft²pricier than$443% of homes
Living areabigger than642 ft²2% of homes
Lot sizebigger than3,497 ft²almost no homes
Year builtnewer than192021% of homes

About 508 2nd St W

How much is 508 2nd St W, Thief River Falls, MN worth?

The TopHap Estimate for 508 2nd St W, Thief River Falls, MN is $28,267 as of Jul 14, 2026. The likely range is $20,150 to $36,384. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 508 2nd St W, Thief River Falls, MN last sell?

508 2nd St W, Thief River Falls, MN last sold on May 21, 2025 for $27,000, according to the county's recorded deed.

How big is 508 2nd St W, Thief River Falls, MN?

508 2nd St W, Thief River Falls, MN has 642 square feet of living space and a 0.08-acre lot.

When was 508 2nd St W, Thief River Falls, MN built?

508 2nd St W, Thief River Falls, MN was built in 1920, making it 106 years old.

What schools serve 508 2nd St W, Thief River Falls, MN?

508 2nd St W, Thief River Falls, MN is assigned to Lincoln Senior High School (high), rated C; Franklin Middle School (middle), rated C+; Challenger Elementary School (elementary), rated C+. All sit in Thief River Falls School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 2nd St W, Thief River Falls, MN compare to other homes in Thief River Falls 56701?

Among the 4,896 homes in Thief River Falls 56701, it is worth more than almost none of them ($28,267 against a typical $171,948), its price per square foot is higher than 3% of them ($44 against a typical $129), it is bigger than 2% of them (642 ft² against a typical 1,326 ft²), its lot is bigger than almost none of them (3,497 ft² against a typical 0.34 ac) and it is newer than 21% of them (1920 against a typical 1969). 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 W, Thief River Falls, MN?

The 2026 property tax bill for 508 2nd St W, Thief River Falls, MN was $474. The county assessed it at $27,600.

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Assigned schools

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