NOT LISTED FOR SALE

505 4th St W Park Rapids, MN 56470

Estimated Value: $96,000 - $150,000

2 Beds
1 Bath
768 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $56,900 $74 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $720/month

74 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • Baseboard Heating
  • Bathroom on Main Level
  • Combination Dining and Living Room

About This Home

As of July 2013

CH801 Neat & tidy 2 bedroom city home with a totally updated interior. Conveniently located close to the fairgrounds & downtown Park Rapids. Includes a single attached garage & a nice large yard with alley access & room for an extra garage or shed.

Last Agent to Sell the Property

Justin Clack

Coldwell Banker Clack Dennis Listed on: 05/03/2013

Last Buyer's Agent

Trenton Simon

Wolff & Simon Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $640

Year Built

  • Built in 1935

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 52x147

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 325505900

Home Details

Home Type

Single Family

Est. Annual Taxes

$640

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.18
  • Assessment Balance: 142
  • Construction: Previously Owned
  • Foundation Size: 768
  • Parcel Number: 325505900
  • Projected Closed Date: 07/30/2013
  • Stories: 1 Story
  • Taxes With Assessments: 782
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Range/Stove
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 20x12, On Level: Main
  • Room 4: Kitchen, 12x12, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Main
  • Room 6: Bedroom, 13x11, On Level: Main
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 768
  • Total Fin Square Footage: 768

Exterior Features

  • Frontage Road: City
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Schools

  • School District: Park Rapids #309

Lot Info

  • Estimated Lot Dimensions: 52x147

Building Info

  • Year Built: 1935

Tax Info

  • Year: 2013
  • Tax Value: 640

MLS Schools

  • School District: Park Rapids #309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Terhaar Zachary R
Bought by
Erickson Colton T and Erickson Zennah M
Current Estimated Value
$113,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,707
Outstanding Balance
$65,104
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$45,280

Purchase Details

Listed on
May 3, 2013
Closed on
Jul 30, 2013
Sold by
Kd Rentals Llc
Bought by
Terhaar Zachary R
Seller's Agent
Justin Clack
Coldwell Banker Clack Dennis
Buyer's Agent
Trenton Simon
Wolff & Simon Real Estate
List Price
$56,900
Sold Price
$56,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Oct 15, 2012
Sold by
Beelner Kathleen R
Bought by
Kd Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
3.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2011
Sold by
Beelner Kathleen R
Bought by
Holler Terri Marie and Holler Rodney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
4.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 25, 2011
Sold by
Paulson Homes Llc
Bought by
Beelner Kathleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
4.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 13, 2007
Sold by
Beelner Kathleen R
Bought by
Paulson Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Erickson Colton T $80,000 None Available
Terhaar Zachary R -- Attorney
Kd Rentals Llc $32,000 None Available
Holler Terri Marie $49,900 None Available
Beelner Kathleen R -- None Available
Paulson Homes Llc $57,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Colton T $70,707
Previous Owner Kd Rentals Llc $25,600
Previous Owner Holler Terri Marie $49,400
Previous Owner Paulson Homes Llc $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $56,900 0.0% $74 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $56,900 -- $74 / 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 $1,108 $72,000 $15,200 $56,800
2023 $1,096 $71,600 $13,800 $57,800
2022 $624 $73,600 $13,800 $59,800
2021 $824 $51,600 $13,800 $37,800
2020 $790 $47,200 $15,300 $31,900
2019 $746 $43,400 $15,300 $28,100
2018 $746 $40,700 $13,300 $27,400
2016 $840 $41,000 $13,300 $27,700
2015 $366 $24,200 $8,626 $15,574
2014 $374 $24,600 $10,140 $14,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4472804

REALTOR® Association of Southern Minnesota

APN: 32.55.05900