NOT LISTED FOR SALE

506 Bridge St Park Rapids, MN 56470

Estimated Value: $117,000 - $138,676

2 Beds
1 Bath
1,040 Sq Ft
$127/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $111,000 $107 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $807/month

79 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • The kitchen features windows
  • 1-Story Property
  • Dining Room

About This Home

As of April 2024

Good affordable housing with a great location. Check out this 2 bed, 1 bath double wide manufactured home with many updates in the last 6 years. Home is located close to Heartland Park and Fishhook River and within walking distance to downtown. In last 6 years: hot water heater 2017, furnace 2019, central air 2023 and all appliances between 2017 and 2021. Property includes an 8x12 storage shed and large wrap deck. Home just received new blinds and professional cleaning and is ready for occupancy. Buy it to live in or great potential for rental. Property is having tie downs installed and will be eligible for low down payment secondary market financing. Seller and listing agent are related.

Last Agent to Sell the Property

Stephen Kopkie

Wolff & Simon Real Estate Listed on: 01/23/2024

Last Buyer's Agent

John Seekon

JMDS Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,378

Year Built

  • Built in 1997

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x130

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Auditors 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 325241310

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,378

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1040
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 26x40
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 1040
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Window,Main Floor Primary Bedroom,Porch,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x130
  • Lot Size Sq Ft: 13068
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • 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: 325241310
  • Tax Annual Amount: 1378
  • TaxWithAssessments: 1378.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Apr 19, 2024
Sold by
Shepherd Homes Llc
Bought by
Eshelman Karen
Seller's Agent
Stephen Kopkie
Wolff & Simon Real Estate
Buyer's Agent
John Seekon
JMDS Properties LLC
List Price
$115,900
Sold Price
$111,000
Premium/Discount to List
-$4,900
-4.23%
Views
199
Current Estimated Value
$132,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,419
Avg. Annual Appreciation
12.75%
Original Mortgage
$111,000
Outstanding Balance
$109,341
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$23,078

Purchase Details

Closed on
Jun 19, 2014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.17%
Source: Public Records

Range of Values:

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Average Value
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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
Eshelman Karen $111,000 --
-- $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eshelman Karen $111,000
Previous Owner -- $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $111,000 -4.2% $107 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $115,900 +4.4% $111 / Sq Ft
03/18/2024 03/18/24 Off Market $111,000 -- --
02/27/2024 02/27/24 Price Changed $115,900 -1.7% $111 / Sq Ft
01/29/2024 01/29/24 Price Changed $117,900 +9.3% $113 / Sq Ft
01/23/2024 01/23/24 For Sale $107,900 -- $104 / 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
2024 $1,238 $82,600 $17,300 $65,300
2023 $1,268 $85,500 $16,300 $69,200
2022 $976 $95,200 $16,300 $78,900
2021 $906 $57,200 $14,200 $43,000
2020 $956 $53,000 $15,800 $37,200
2019 $892 $54,700 $15,800 $38,900
2018 $908 $51,800 $15,200 $36,600
2016 $868 $52,100 $15,200 $36,900
2015 $686 $48,100 $15,200 $32,900
2014 $662 $46,200 $17,700 $28,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6480473

NorthstarMLS

APN: 32.52.41310