$47,500
SOLD APR 21, 2025

TBD1 Frustration Ln Park Rapids, MN 56470

5 Acres
$9,500 Price per Acre
217,800 Sq Ft Lot

Recently Sold

21% Below List Price

35 Days on Market

About This Lot

As of April 2025

Stunning wooded lot in desirable Park Rapids, MN, just a stone's throw from the tranquil Portage Lake and only minutes away from the vibrant downtown area. This is the perfect location to build your dream home and enjoy the serene natural surroundings while still being close to all the amenities you need!

Last Agent to Sell the Property

Brian Halik

Wolff & Simon Real Estate Listed on: 03/11/2025

Co-Listed By

Thomas Wormley

Wolff & Simon Real Estate

Last Buyer's Agent

Brian Halik

Wolff & Simon Real Estate Listed on: 03/11/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $214

Lot Details

  • Lot Dimensions are 451x473x469x477

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 270800124

Property Details

Property Type

Land

Est. Annual Taxes

$214

Lot Details

0

Listing Details

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

Interior Features

  • Inclusions: Platted,Survey Stakes

Utilities

  • Utilities: None Connected, Cable Available, Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Gently Rolling
  • Lot Size: 451x473x469x477
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 270800124
  • Tax Annual Amount: 214
  • TaxWithAssessments: 214.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 21, 2025
Sold by
Haggar Teri
Bought by
Manz Adam B and Manz Maddison M
Seller's Agent
Brian Halik
Wolff & Simon Real Estate
Buyer's Agent
Brian Halik
Wolff & Simon Real Estate
List Price
$59,900
Sold Price
$47,500
Premium/Discount to List
-$12,400
-20.7%
Views
25
Current Estimated Value
$69,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,500
Avg. Annual Appreciation
125.17%

Purchase Details

Closed on
Jun 30, 2020
Sold by
Petrey Traci A
Bought by
Haggar Teri

Purchase Details

Closed on
Aug 9, 2019
Sold by
Lueck Larry W and Lueck Kathy E
Bought by
Petrey Traci A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,950
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2018
Sold by
Lueck Larry W and Lueck Kathy E
Bought by
Lueck Larry W and Lueck Kathy E
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $47,500 None Listed On Document
Quit Claim Deed $3,000 None Available
Warranty Deed $65,900 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $32,950 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2025 04/21/25 Sold $47,500 -20.7% --
04/15/2025 04/15/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $59,900 -- --
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 $228 $30,900 $30,900 $0
2023 $214 $27,700 $27,700 $0
2022 $224 $25,900 $25,900 $0
2021 $224 $21,600 $21,600 $0
2020 $56 $21,600 $21,600 $0
2019 -- $8,200 $8,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6683148

NorthstarMLS

APN: 27.08.00124