NOT LISTED FOR SALE

505 505 7th-Street-w Park Rapids, MN 56470

Estimated Value: $186,000 - $209,000

2 Beds
1.5 Baths
858 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 04, 2012

Last sale price $65,000 $76 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $1,222/month

681 Days on Market

Highlights

  • Deck
  • 2 Car Garage
  • Patio
  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of October 2012

CH742 Great city home with, one level living, 2 bdrms, 1 1/2 bath, 2 garages, a workshop, & a full unfinished basement. This home is a great starter home & has loads of potential for expansion. It is also an ideal candidate for people looking to downsize.

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 11/09/2010

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 11/09/2010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,348

Year Built

  • 1963

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 858 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 325651700

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,348

Year Built

1963

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors
  • Amenities Exterior: Deck, Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 0.26
  • Construction: Previously Owned
  • Foundation Size: 858
  • Parcel Number: 325651700
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 19.7x12.2, On Level: Main
  • Room 4: Kitchen, 15.5x11.6, On Level: Main
  • Room 5: Bedroom, 13.7x13.3, On Level: Main
  • Room 6: Bedroom, 11.7x11.3, On Level: Main
  • Room 9: Laundry Room, 9.5x10.7, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block, Wood
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 858
  • Total Fin Square Footage: 858

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Electric, Oil

Lot Info

  • Estimated Lot Dimensions: 75x140x75x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2018
Sold by
Gartner Nicholas J
Bought by
Parks Carrie M
Current Estimated Value
$195,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Outstanding Balance
$69,528
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,174

Purchase Details

Closed on
Oct 6, 2016
Sold by
Whitchurch Marilyn Marilyn
Bought by
Gartner Nicholas Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.42%

Purchase Details

Listed on
Nov 9, 2010
Closed on
Oct 4, 2012
Sold by
Whitchurch Marilyn H and Kopperud Joan Louise
Bought by
Gartner Nicholas J
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$104,900
Sold Price
$65,000
Premium/Discount to List
-$39,900
-38.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$59,500
Interest Rate
3.66%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parks Carrie M $85,000 --
Gartner Nicholas Nicholas $65,000 --
Gartner Nicholas J $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks Carrie M $80,750
Previous Owner Gartner Nicholas Nicholas $65,000
Previous Owner Gartner Nicholas J $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2012 10/04/12 Sold $65,000 -38.0% $76 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
11/09/2010 11/09/10 For Sale $104,900 -- $122 / 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 $2,348 $199,700 $16,600 $183,100
2023 $1,802 $150,800 $16,600 $134,200
2022 $1,474 $150,800 $16,600 $134,200
2021 $1,464 $116,700 $14,800 $101,900
2020 $1,298 $90,000 $12,648 $77,352
2019 $1,144 $75,500 $11,975 $63,525
2018 $2,358 $90,300 $14,300 $76,000
2016 $2,458 $85,700 $14,300 $71,400
2015 $946 $63,700 $10,594 $53,106
2014 $942 $63,100 $12,332 $50,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4149773

REALTOR® Association of Southern Minnesota

APN: 32.56.51700