503 Fair Ave Park Rapids, MN 56470
Estimated payment $2,098/month
1
Bed
1
Bath
687
Sq Ft
$505
Price per Sq Ft
Highlights
- 810,216 Sq Ft lot
- No HOA
- Forced Air Heating and Cooling System
- Deck
- 1-Story Property
- Dining Room
About This Home
A beautifully remodeled one-bedroom home set on 18 acres of picturesque, park-like land. This property offers the perfect balance of convenience and privacy—close to town for easy access to amenities, yet tucked away enough to enjoy peace and seclusion. The home itself is updated and move-in ready, making it ideal for someone seeking a private retreat. With 18 acres, there’s also incredible potential for future development, whether you’re envisioning larger housing projects or simply enjoying the space for yourself. A unique opportunity with endless possibilities!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,389
Year Built
- Built in 1936
Lot Details
- 18.6 Acre Lot
- Chain Link Fence
Parking
- 2 Car Garage
Home Design
- Pitched Roof
Interior Spaces
- 687 Sq Ft Home
- 1-Story Property
- Dining Room
- Range
- Basement
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Propane
- Private Water Source
- Well
- Drilled Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 322602500
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2022 | $544 | $43,900 | $41,500 | $2,400 |
| 2021 | $626 | $40,900 | $38,300 | $2,600 |
| 2020 | $646 | $44,000 | $41,700 | $2,300 |
| 2019 | $636 | $43,800 | $41,700 | $2,100 |
| 2018 | $604 | $41,400 | $38,400 | $3,000 |
| 2016 | $594 | $40,900 | $38,400 | $2,500 |
| 2015 | $568 | $39,700 | $37,400 | $2,300 |
| 2014 | $594 | $41,500 | $39,500 | $2,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2025 07/20/25 | Pending | -- | -- | -- |
| 07/20/2025 07/20/25 | For Sale | $347,000 | -- | $505 / Sq Ft |
Source: NorthstarMLS
Similar Homes in Park Rapids, MN
Source: NorthstarMLS
MLS Number: 6753879
APN: 32.26.00400
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