318 E River Dr Park Rapids, MN 56470
Estimated Value: $446,000 - $516,000
4
Beds
3
Baths
1,852
Sq Ft
$262/Sq Ft
Est. Value
About This Home
This home is located at 318 E River Dr, Park Rapids, MN 56470 and is currently estimated at $484,762, approximately $261 per square foot. 318 E River Dr is a home located in Hubbard County with nearby schools including Century Elementary School, Century School, and Park Rapids Area High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 27, 2022
Sold by
Swanson Robb L and Swanson Sara A
Bought by
Luetmer Nicholas Wolfgang and Luetmer Marie Ruth
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$162,429
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$322,333
Purchase Details
Closed on
Dec 12, 2011
Sold by
Smith Rory M and Smith Atty D
Bought by
Swanson Robb L and Swanson Sara A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,788
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 2006
Sold by
Strathman Thomas A and Strathman Ruth
Bought by
Smith Rory M and Smith Atty D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,700
Interest Rate
6.3%
Mortgage Type
Stand Alone Second
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luetmer Nicholas Wolfgang | $450,000 | -- | |
| Swanson Robb L | $289,500 | None Available | |
| Smith Rory M | $303,500 | Segue Title & Real Estate Se |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Luetmer Nicholas Wolfgang | $360,000 | |
| Previous Owner | Swanson Robb L | $267,788 | |
| Previous Owner | Smith Rory M | $60,700 | |
| Previous Owner | Smith Rory M | $242,800 |
Source: Public Records
Tax History Compared to Growth
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 | $5,550 | $439,100 | $93,400 | $345,700 |
| 2023 | $5,186 | $402,900 | $84,300 | $318,600 |
| 2022 | $4,300 | $430,600 | $85,800 | $344,800 |
| 2021 | $4,316 | $299,200 | $79,400 | $219,800 |
| 2020 | $4,340 | $292,000 | $76,745 | $215,255 |
| 2019 | $4,314 | $283,200 | $73,401 | $209,799 |
| 2018 | $4,290 | $282,700 | $70,506 | $212,194 |
| 2016 | $4,104 | $284,300 | $86,446 | $197,854 |
| 2015 | $3,508 | $244,600 | $74,818 | $169,782 |
| 2014 | $3,418 | $237,300 | $79,979 | $157,321 |
Source: Public Records
Map
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