507 Fair Ave Park Rapids, MN 56470
Estimated Value: $156,240 - $208,000
2
Beds
1
Bath
936
Sq Ft
$193/Sq Ft
Est. Value
About This Home
This home is located at 507 Fair Ave, Park Rapids, MN 56470 and is currently estimated at $181,060, approximately $193 per square foot. 507 Fair Ave 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
Sep 26, 2025
Sold by
Sanford and Wyatt
Bought by
Nack Leah Ann
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Outstanding Balance
$130,686
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$50,374
Purchase Details
Closed on
Jul 17, 2023
Sold by
Meader Joshua
Bought by
Ally Sanford and Wyatt Sanford
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2020
Sold by
Mid Sota Enterprises Llc
Bought by
Meader Joshua M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 27, 2015
Sold by
Armstrong Ilse Ilse
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.84%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nack Leah Ann | $195,000 | Home Town Title | |
| Ally Sanford | $180,000 | -- | |
| Meader Joshua M | $120,500 | None Available | |
| -- | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nack Leah Ann | $136,500 | |
| Previous Owner | Ally Sanford | $180,000 | |
| Previous Owner | Meader Joshua M | $110,500 | |
| Previous Owner | -- | $170,000 |
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 | $3,474 | $129,700 | $20,800 | $108,900 |
| 2023 | $3,284 | $103,600 | $18,800 | $84,800 |
| 2022 | $894 | $105,900 | $18,800 | $87,100 |
| 2021 | $802 | $79,300 | $18,800 | $60,500 |
| 2020 | $1,074 | $43,300 | $12,552 | $30,748 |
| 2019 | $1,126 | $62,700 | $20,900 | $41,800 |
| 2018 | $760 | $41,700 | $18,200 | $23,500 |
| 2016 | $816 | $44,700 | $18,200 | $26,500 |
| 2015 | $594 | $41,600 | $19,300 | $22,300 |
| 2014 | $620 | $43,300 | $22,500 | $20,800 |
Source: Public Records
Map
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