NOT LISTED FOR SALE

1008 Park Ave N Park Rapids, MN 56470

Estimated Value: $344,000 - $485,000

1 Bed
1.5 Baths
1,264 Sq Ft
$319/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $120,000 $95 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $2,502/month

293 Days on Market

Highlights

  • 90 Feet of Waterfront
  • 1-Story Property
  • Baseboard Heating
  • 2 Car Attached Garage
  • Combination Kitchen and Dining Room
  • Wood Siding

About This Home

As of December 2012

LH4194 Excellent convenient location on the Fish Hook River just 2 minutes to downtown park Rapids. This 2 bedroom home features 90 feet of shoreline with easy access by boat to Fish Hook Lake! Close to the Y-Steak house and many other area businesses.

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 01/13/2012

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 01/13/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 1969

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 156x213x90
  • 90 Feet of Waterfront
  • Property fronts a highway

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 322302000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,883

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.5
  • Construction: Previously Owned
  • Foundation Size: 1264
  • Parcel Number: 322302000
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 1
  • Bathroom Description: 1/2 Basement
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 12x18, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 4: Kitchen, 12x17, On Level: Main
  • Room 5: Bedroom, 12x15, On Level: Main
  • Room 9: Laundry Room, 7x10, On Level: Main
  • Basement Material: Concrete Block, Wood
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1264
  • Total Fin Square Footage: 1264

Exterior Features

  • Frontage Road: Highway
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Water Frontage: 90

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Baseboard

Lot Info

  • Estimated Lot Dimensions: 156X213X90

Building Info

  • Year Built: 1969

Tax Info

  • Year: 2012
  • Tax Value: 1883

MLS Schools

  • School District: Park Rapids #309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2012
Closed on
Dec 14, 2012
Sold by
Estate Of Caroline Jane Taig
Bought by
Gray Brian H and Gray Kathryn M
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$175,000
Sold Price
$120,000
Premium/Discount to List
-$55,000
-31.43%
Current Estimated Value
$394,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,634
Avg. Annual Appreciation
9.78%
Original Mortgage
$96,000
Interest Rate
3.36%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gray Brian H $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gray Brian H $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $120,000 -31.4% $95 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $175,000 -- $138 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,112 $406,400 $110,000 $296,400
2023 $4,736 $369,400 $99,700 $269,700
2022 $3,664 $381,900 $102,000 $279,900
2021 $3,678 $258,100 $89,700 $168,400
2020 $3,664 $246,800 $85,045 $161,755
2019 $3,644 $237,100 $81,106 $155,994
2018 $3,594 $234,700 $78,171 $156,529
2016 $3,064 $244,500 $96,476 $148,024
2015 $2,004 $138,500 $89,800 $48,700
2014 $2,176 $149,300 $96,500 $52,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4150042

REALTOR® Association of Southern Minnesota

APN: 32.23.02000