NOT LISTED FOR SALE

112 Riverside Ave Park Rapids, MN 56470

Estimated Value: $269,000 - $370,607

2 Beds
2 Baths
1,126 Sq Ft
$275/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $271,500 $241 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,979/month

170 Days on Market

Highlights

  • 85 Feet of Waterfront
  • Radiant Floor
  • 2 Car Attached Garage
  • Beach Access
  • No HOA
  • Living Room

About This Home

As of March 2024

Great city home with all living on one floor. Modern finishes and covered patio facing Fishhook River. Includes nearly new aluminum dock!

Last Agent to Sell the Property

Thom Peterson

Coldwell Banker Crown Realtors Listed on: 07/25/2023

Coldwell Banker Crown Realtors

Last Buyer's Agent

Thom Peterson

Coldwell Banker Crown Realtors Listed on: 07/25/2023

Coldwell Banker Crown Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1994

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 85x125
  • 85 Feet of Waterfront
  • River Front
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,126 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Radiant Floor
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access

Utilities

  • Mini Split Air Conditioners
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverside Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 324404100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,644

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 1126
  • Water Body Name: Fishhook River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 1126
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • View: River
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Patio
  • Lake Bottom: Sand,Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 85

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Dock,Hardwood Floors,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Park Rapids
  • SchoolDistrictPhone: 218-237-6500

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 85x125
  • Lot Size Sq Ft: 10890
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 324404100
  • Tax Annual Amount: 3644
  • TaxWithAssessments: 3844.0000

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Mar 28, 2024
Sold by
Lee Sandra E
Bought by
Frost Marie M
Seller's Agent
Thom Peterson
Buyer's Agent
Thom Peterson
List Price
$297,500
Sold Price
$271,500
Premium/Discount to List
-$26,000
-8.74%
Views
428
Current Estimated Value
$309,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,402
Avg. Annual Appreciation
8.09%
Original Mortgage
$261,793
Outstanding Balance
$255,207
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$54,695

Purchase Details

Listed on
Jul 25, 2023
Closed on
Mar 13, 2024
Sold by
Lee Sandra E
Bought by
Frost Marie M
Seller's Agent
Thom Peterson
Buyer's Agent
Thom Peterson
List Price
$297,500
Sold Price
$271,500
Premium/Discount to List
-$26,000
-8.74%
Views
428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,793
Outstanding Balance
$255,207
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$54,695

Purchase Details

Closed on
Aug 12, 2021
Sold by
Koskela Patricia A and Galloway Sheryl L
Bought by
Lee Jon N and Lee Sandra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2021
Sold by
Koskela Steven R Est
Bought by
Koskela Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2017
Sold by
Koskela Brian S and Koskela Cheryl M
Bought by
Koskela Brian S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Frost Marie M $271,500 Leer Title
Frost Marie M $271,500 Leer Title
Lee Jon N $843 None Available
Koskela Patricia A -- None Available
Koskela Brian S -- None Available
Lee Sandra Sandra $255,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frost Marie M $261,793
Closed Frost Marie M $261,793
Previous Owner Lee Jon N $254,600
Closed Lee Sandra Sandra $255,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $271,500 -8.7% $241 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
10/25/2023 10/25/23 For Sale $297,500 +9.6% $264 / Sq Ft
09/25/2023 09/25/23 Off Market $271,500 -- --
07/26/2023 07/26/23 For Sale $297,500 -- $264 / Sq Ft
Source: NorthstarMLS

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 $4,252 $342,100 $85,400 $256,700
2023 $3,554 $281,300 $77,000 $204,300
2022 $2,632 $303,800 $78,200 $225,600
2021 $4,086 $191,500 $69,100 $122,400
2020 $4,120 $192,700 $69,100 $123,600
2019 $4,090 $186,300 $66,300 $120,000
2018 $4,106 $183,500 $63,300 $120,200
2016 $3,902 $172,000 $69,338 $102,662
2015 $2,122 $146,800 $59,398 $87,402
2014 $2,054 $141,300 $63,231 $78,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6407650

NorthstarMLS

APN: 32.44.04100