NOT LISTED FOR SALE

503 Tenth St E Park Rapids, MN 56470

Estimated Value: $168,000 - $200,000

2 Beds
1 Bath
1,284 Sq Ft
$143/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $175,000 $136 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,142/month

75 Days on Market

Highlights

  • 1,500 Feet of Waterfront
  • River View
  • Main Floor Primary Bedroom
  • Beach Access
  • Deck
  • Bonus Room

About This Home

As of December 2023

Park Rapids city home with 3.31 acres and around 1,500' of frontage on the Fishhook River. This 2 bed, 1 bath home with a detached 26' x 28' two stall garage, and a 12' x 16' shed, has an amazing view of the river to the South and East from the top of the hill. Home also overlooks the picnic/camping area. The trail to the picnic/camping area is gradual. This property is located within minutes of downtown Park Rapids, Heartland Park and the Heartland Trail.

Last Listed By

Robert Mack

Coldwell Banker Crown Realtors Listed on: 09/21/2023

Coldwell Banker Crown Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,336

Year Built

  • Built in 1930

Lot Details

  • 3.31 Acre Lot
  • Lot Dimensions are 665x543x702x330
  • 1,500 Feet of Waterfront
  • River Front
  • Irregular Lot
  • Additional Parcels

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 1,284 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Bonus Room
  • River Views
  • Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Private Water Source
  • Sand Point Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 322506300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,336

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Private, Sand Point
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1284
  • Water Body Name: Fishhook River
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24x36
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete
  • Appliances: Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1284
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Bedroom 1, Bedroom 2, Bonus Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • View: East, River, South
  • Other Structures: Additional Garage, Storage Shed
  • PatioPorchType: Deck
  • Lake Acres: 0
  • Lake Bottom: Rocky
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 26-40
  • Waterfront Frontage: 1500

Garage/Parking

  • Parking Features: Detached, Asphalt, Electric, Garage Door Opener
  • Garage Square Feet: 728

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Deck,Kitchen Window,Main Floor Primary Bedroom,Panoramic View,Satelite Dish,Washer/Dryer Hookup

Schools

  • Junior High Dist: Park Rapids
  • SchoolDistrictNumber: 309
  • SchoolDistrictPhone: 218-237-6500

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 665x543x702x330
  • Lot Size Sq Ft: 144183.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Irregular Lot, Tree Coverage - Medium
  • Additional Parcels Description: 322506200
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 322506300
  • Tax Annual Amount: 1336
  • TaxWithAssessments: 1536.0000

Multi Family

  • WaterfrontFeatures: River Front, River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Dec 20, 2023
Sold by
Anderson David and Nordman Lois
Bought by
Peterson Nels
Seller's Agent
Robert Mack
Coldwell Banker Crown Realtors
Buyer's Agent
Robert Mack
Coldwell Banker Crown Realtors
List Price
$249,900
Sold Price
$175,000
Premium/Discount to List
-$74,900
-29.97%
Total Days on Market
75
Views
123
Current Estimated Value
$183,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,178
Avg. Annual Appreciation
17.55%

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $175,000 -30.0% $136 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $249,900 -- $195 / 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
2023 $1,518 $129,200 $27,000 $102,200
2022 $1,358 $125,200 $24,500 $100,700
2021 $1,398 $108,800 $24,500 $84,300
2020 $1,454 $85,400 $18,681 $66,719
2019 $1,502 $86,300 $19,909 $66,391
2018 $1,436 $85,800 $25,019 $60,781
2016 $1,516 $80,800 $28,242 $52,558
2015 $1,476 $101,300 $37,967 $63,333
2014 $1,388 $94,600 $37,300 $57,300
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6437895

NorthstarMLS

APN: 32.25.06300