NOT LISTED FOR SALE

508 5th St W Park Rapids, MN 56470

Estimated Value: $127,000 - $177,316

2 Beds
2 Baths
1,250 Sq Ft
$122/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $150,000 $120 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,001/month

150 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Living Room
  • No HOA
  • The kitchen features windows
  • Forced Air Heating and Cooling System

About This Home

As of November 2024

Park Rapids City Home - Ready to move into home that was completely renovated in 2020, starting at the studs. The home has spray foam insulation, new plumbing, new electrical, all fixtures, appliances, windows and roofing. Main level has kitchen, dining, living and full bath along with spacious entry. Second level has two bedrooms, 3/4 bath and convenient laundry location. There is a finished family room in and storage/utility room. Great location near hospital, park area and newly paved street and alley access. $154,900.

Last Agent to Sell the Property

Betty Eischens

Affinity Real Estate Inc. Listed on: 05/17/2024

Last Buyer's Agent

Kelli Johnson

Coldwell Banker Crown Realtors

Coldwell Banker Crown Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Few Trees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Additional Features

  • Air Exchanger
  • Deck

Community Details

  • No Home Owners Association
  • Lindquists Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 325640300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,516

Year Built

Built in 1950

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: 1950
  • Above Grade Finished Sq Ft: 1140
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partially Finished
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Range, Stainless Steel Appliances, Washer
  • Living Area: 1250
  • Fireplace: No
  • Below Grade Finished Sq Ft: 110
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Kitchen, Living Room, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Paneled Doors

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 x 140
  • Lot Size Sq Ft: 6969.6
  • Land Lease: No
  • Lot Features: Some Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 325640300
  • Tax Annual Amount: 1516
  • TaxWithAssessments: 3182.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Dec 18, 2024
Sold by
Property Park Rapids Llc
Bought by
Vo Tuyen T
Seller's Agent
Betty Eischens
Affinity Real Estate Inc.
Buyer's Agent
Kelli Johnson
Coldwell Banker Crown Realtors
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Views
127
Current Estimated Value
$152,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,829
Avg. Annual Appreciation
1.75%
Original Mortgage
$150,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2024
Closed on
Nov 7, 2024
Sold by
Property Park Rapids Llc
Bought by
Vo Tuyen
Seller's Agent
Betty Eischens
Affinity Real Estate Inc.
Buyer's Agent
Kelli Johnson
Coldwell Banker Crown Realtors
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2020
Sold by
Barr Kenneth D and Barr Suzann M
Bought by
Property Park Rapids Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vo Tuyen T $500 Leer Title
Vo Tuyen T $500 Leer Title
Vo Tuyen $150,000 --
Property Park Rapids Llc $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vo Tuyen $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2024 11/07/24 Sold $150,000 -3.2% $120 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $154,900 +3.3% $124 / Sq Ft
08/18/2024 08/18/24 Off Market $150,000 -- --
06/17/2024 06/17/24 Price Changed $154,900 -3.1% $124 / Sq Ft
05/17/2024 05/17/24 For Sale $159,900 -- $128 / 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 $2,398 $148,900 $14,900 $134,000
2023 $3,182 $122,500 $14,900 $107,600
2022 $1,416 $130,400 $14,900 $115,500
2021 $836 $88,000 $13,500 $74,500
2020 $808 $47,100 $11,995 $35,105
2019 $760 $43,800 $11,989 $31,811
2018 $720 $38,100 $10,486 $27,614
2016 $734 $36,600 $10,491 $26,109
2015 $558 $38,200 $11,348 $26,852
2014 $576 $39,300 $13,287 $26,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6538636

NorthstarMLS

APN: 32.56.40300