NOT LISTED FOR SALE

505 7th St W Park Rapids, MN 56470

Estimated Value: $170,000 - $198,942

2 Beds
3 Baths
1,115 Sq Ft
$166/Sq Ft Est. Value

About This Home

This home is located at 505 7th St W, Park Rapids, MN 56470 and is currently estimated at $185,486, approximately $166 per square foot. 505 7th St W 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
May 4, 2018
Sold by
Gartner Nicholas J
Bought by
Parks Carrie M
Current Estimated Value
$185,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,410
Outstanding Balance
$15,157
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$156,487

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

Closed on
Oct 4, 2012
Sold by
Whitchurch Marilyn H and Kopperud Joan Louise
Bought by
Gartner Nicholas J

Home Financials for this Owner

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 $20,410
Open Parks Carrie M $80,750
Previous Owner Gartner Nicholas Nicholas $65,000
Previous Owner Gartner Nicholas J $59,500
Source: Public Records

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

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