NOT LISTED FOR SALE

517 Riverside Ave Park Rapids, MN 56470

Estimated Value: $70,000 - $137,000

2 Beds
1 Bath
1,080 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $68,000 $63 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $705/month

54 Days on Market

Highlights

  • Corner Lot
  • The kitchen features windows
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of September 2023

Park Rapids city home centrally located in the middle of Park Rapids and within walking to shopping, churches and schools. Located on a larger private lot with mature trees and perennials popping with many colors to enhance your enjoyment. This home needs a handyman touch to make it to what it once was. Features include 2 bedrooms, 1 bath, forced air/central air, and detached garage. The basics are there with recent updates including the furnace, roof, siding, new appliances and a newer garage door. Don't miss out on this exceptional opportunity to make this one shine!

Last Agent to Sell the Property

Candy Gulsvig

Affinity Real Estate Inc. Listed on: 06/21/2023

Last Buyer's Agent

Candy Gulsvig

Affinity Real Estate Inc. Listed on: 06/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $323

Year Built

  • Built in 1902

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x140
  • Corner Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 1,080 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Rice & Cutlers Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 324006400

Home Details

Home Type

Single Family

Est. Annual Taxes

$323

Year Built

Built in 1902

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: No Stairs External
  • Water Source: City Water/Connected
  • Year Built: 1902
  • Above Grade Finished Sq Ft: 1080
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partial
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Living Area: 1080
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 280

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Ethernet Wired,Kitchen Window,Local Area Network,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x140
  • Lot Size Sq Ft: 14810.4
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding, Metal Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 324006400
  • Tax Annual Amount: 323
  • TaxWithAssessments: 1696.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Sep 25, 2023
Sold by
Reque Kara and Heegard Michael
Bought by
Bumpus Amy
Seller's Agent
Candy Gulsvig
Affinity Real Estate Inc.
Buyer's Agent
Candy Gulsvig
Affinity Real Estate Inc.
List Price
$79,000
Sold Price
$68,000
Premium/Discount to List
-$11,000
-13.92%
Views
377
Current Estimated Value
$102,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,995
Avg. Annual Appreciation
22.94%

Purchase Details

Listed on
Aug 4, 2022
Closed on
Feb 10, 2023
Sold by
Estate Of Stephen Pritchard
Bought by
Reque Kara
Seller's Agent
Candy Gulsvig
Affinity Real Estate Inc.
Buyer's Agent
Candy Gulsvig
Affinity Real Estate Inc.
List Price
$59,900
Sold Price
$62,500
Premium/Discount to List
$2,600
4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.57%
Original Mortgage
$62,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2010
Sold by
Kappes Scott R and Kappes Joyce
Bought by
Pritchard Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2010
Sold by
Kappes Scott R and Kappes Joyce
Bought by
Pritchard Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.84%
Mortgage Type
Seller Take Back
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
Bumpus Amy $68,000 --
Reque Kara $62,500 --
Pritchard Stephen $45,000 None Available
Pritchard Stephen $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reque Kara $62,500
Previous Owner Pritchard Stephen $34,400
Previous Owner Pritchard Stephen $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $68,000 -13.9% $63 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $79,000 +26.4% $73 / Sq Ft
02/10/2023 02/10/23 Sold $62,500 +4.3% $58 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
12/27/2022 12/27/22 For Sale $59,900 0.0% $55 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $59,900 -- $55 / 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 $1,909 $79,200 $18,000 $61,200
2023 $2,392 $84,300 $16,300 $68,000
2022 $1,602 $81,500 $16,300 $65,200
2021 $1,612 $57,000 $16,400 $40,600
2020 $1,636 $31,600 $10,934 $20,666
2019 $1,664 $29,500 $10,935 $18,565
2018 $1,684 $26,000 $9,547 $16,453
2016 $2,068 $25,900 $9,533 $16,367
2015 $380 $25,200 $10,200 $15,000
2014 $379 $24,900 $11,880 $13,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6387007

NorthstarMLS

APN: 32.40.06400