NOT LISTED FOR SALE

509 Fair Ave Park Rapids, MN 56470

Estimated Value: $145,996 - $214,000

1 Bed
1 Bath
1,396 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $64,500 $46 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $1,132/month

38 Days on Market

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • Home Office
  • Laundry Room
  • Forced Air Heating System

About This Home

As of March 2023

Park Rapids City Home, fixer upper, being sold as-is. 1+ bedrooms, 1 bath, 1 stall garage, 1,000+ sq. ft. on main level with 300 sq. ft. unfinished basement. Great location, newer roof, potential for additional bedroom. Great equity builder, flip or rental property.

Last Agent to Sell the Property

James Preiner

Brokerage Email: clackdennisbroker@gmail.com Listed on: 11/03/2022

Last Buyer's Agent

Brian Halik

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1949

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 70x264

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Well

Community Details

  • No Home Owners Association
  • Graebers Add/Pk Rapids Subdivision

Listing and Financial Details

  • Assessor Parcel Number 322603100

Home Details

Home Type

Single Family

Est. Annual Taxes

$804

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1949
  • Above Grade Finished Sq Ft: 1096
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: clackdennisbroker@gmail.com
  • Attribution Contact: clackdennisbroker@gmail.com
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Living Area: 1396
  • Fireplace: No
  • Below Grade Finished Sq Ft: 300
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Living Room, Kitchen, Dining Room, Laundry, Office
  • SqFtTotal: 1396.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: Tank with Drainage Field
  • Fuel: Electric,Oil

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 70x264
  • Lot Size Sq Ft: 18730.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 322603100
  • Tax Annual Amount: 804
  • TaxWithAssessments: 804.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Mar 31, 2023
Sold by
Demaris John Eldon
Bought by
Cox Rachel E
Seller's Agent
James Preiner
Buyer's Agent
Brian Halik
List Price
$64,500
Sold Price
$64,500
Views
1
Current Estimated Value
$185,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,749
Avg. Annual Appreciation
48.02%
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
Cox Rachel E $64,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $64,500 0.0% $46 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
11/07/2022 11/07/22 Off Market $64,500 -- --
11/01/2022 11/01/22 For Sale $64,500 -- $46 / 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 $1,919 $97,400 $19,600 $77,800
2023 $3,116 $108,700 $17,700 $91,000
2022 $804 $96,000 $17,700 $78,300
2021 $742 $71,600 $17,700 $53,900
2020 $730 $39,200 $11,766 $27,434
2019 $726 $37,300 $11,754 $25,546
2018 $692 $35,000 $10,248 $24,752
2016 $708 $35,400 $10,260 $25,140
2015 $502 $33,200 $10,907 $22,293
2014 $508 $33,400 $12,712 $20,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6305258

NorthstarMLS

APN: 32.26.03100