NOT LISTED FOR SALE

507 Eastern Ave S Park Rapids, MN 56470

Estimated Value: $15,000 - $252,000

0.48 Acre
$177,044 Price per Acre
20,909 Sq Ft Lot

Last Sold October 25, 2024

Last sale price $16,000

Est. 300% increase in value since last sale

Current estimated payment $364/month

51 Days on Market

About This Lot

As of October 2024

Nestled in a serene and quiet part of Park Rapids, MN, this beautiful 0.48-acre city lot offers the perfect blend of privacy and convenience. With a previous driveway already in place, accessing you future home site is a breeze. The lot boasts abundant tree cover, providing a natural privacy screen and a peaceful, woodland atmosphere. Whether you're looking to build your dream home or invest in a piece of property with great potential, this lot is an ideal choice. Enjoy the tranquility of nature while still being close to all of the amenities that Park Rapids has to offer. Don't miss out on this rare opportunity to own a slice of Minnesota's natural beauty.

Last Agent to Sell the Property

Ian Johnson

Keller Williams Realty Professionals Listed on: 08/21/2024

Keller Williams Realty Professionals

Last Buyer's Agent

Ian Johnson

Keller Williams Realty Professionals Listed on: 08/21/2024

Keller Williams Realty Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $342

Lot Details

  • Lot Dimensions are 158x130
  • Zoning described as Lot

Community Details

  • No Home Owners Association
  • Steinmetz & Narys Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 325001000

Property Details

Property Type

Land

Est. Annual Taxes

$342

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Paved Streets,Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract

Utilities

  • Utilities: None Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: 158x130
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Lot
  • AssessmentPending: No

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 325001000
  • Tax Annual Amount: 342
  • TaxWithAssessments: 651.0600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 25, 2024
Sold by
Timothy M Donnay And Julene D Donnay Tru and Donnay Timothy M
Bought by
Mcguire Timothy
Seller's Agent
Ian Johnson
Keller Williams Realty Professionals
Buyer's Agent
Ian Johnson
Keller Williams Realty Professionals
List Price
$18,000
Sold Price
$16,000
Premium/Discount to List
-$2,000
-11.11%
Views
11
Current Estimated Value
$63,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,960
Avg. Annual Appreciation
344.12%

Purchase Details

Closed on
Jan 12, 2024
Sold by
Donnay Timothy M and Donnay Julene D
Bought by
Timothy M Donnay And Julene D Donnay Trust and Donnay
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
Mcguire Timothy $16,000 None Listed On Document
Mcguire Timothy $16,000 --
Timothy M Donnay And Julene D Donnay Trust $500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $16,000 -11.1% --
10/11/2024 10/11/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $18,000 -- --
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 $339 $15,400 $15,400 $0
2023 $342 $13,900 $13,900 $0
2022 $386 $13,900 $13,900 $0
2021 $366 $13,900 $13,900 $0
2020 $438 $12,500 $12,500 $0
2019 $420 $15,600 $15,600 $0
2018 $408 $13,400 $13,400 $0
2016 $414 $13,400 $13,400 $0
2015 $235 $13,400 $13,400 $0
2014 $331 $18,800 $18,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6576913

NorthstarMLS

APN: 32.50.01000