Closed

$174,500

504 Park Ave S, Park Rapids, MN 56470

3beds

1,797sqft

Single Family Residence

Built in 1950

6,969 Square Feet Lot

$214,700 Zestimate^®

$97/sqft

$1,801 Estimated rent

Home value

$214,700

$200,000 - $232,000

$1,801/mo

Zestimate^® history

Owner options

List your home for rent

$1,801/mo

Rent Zestimate^®

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$1,801/mo

Rent Zestimate^®

Refinance and save

$857/mo

Est. payment

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$857/mo

Est. payment

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What's special

Walk-in closet

Excellent investment opportunity with 2 structures in very good condition. 2 bedroom city home located on Park Avenue South. Includes detached guest house with completely remodeled kitchen/living/dining and 2 bedrooms with walk-in closet & three quarter bathroom. Prime opportunity to be able to have a business at home!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1

Bedroom

Level: Upper
Area: 181.15 Square Feet
Dimensions: 15'5x11'9

Bedroom 2

Level: Upper
Area: 91.71 Square Feet
Dimensions: 11'10x7'9

Dining room

Level: Main

Family room

Level: Main
Area: 150 Square Feet
Dimensions: 15'x10'

Guest room

Level: Main
Area: 864 Square Feet
Dimensions: 48'x18'

Kitchen

Level: Main
Area: 203.67 Square Feet
Dimensions: 15'8x13'

Kitchen 2nd

Level: Main
Area: 432 Square Feet
Dimensions: 18'x24'

Living room

Level: Main
Area: 330.63 Square Feet
Dimensions: 28'9x11'6

Walk in closet

Level: Upper
Area: 92 Square Feet
Dimensions: 16'x5'9

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Range, Refrigerator

Features

Basement: Crawl Space,Partial,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,797
Total interior livable area: 1,797 sqft
Finished area above ground: 1,597
Finished area below ground: 200

Property

Parking

Parking features: Gravel

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1.5

Lot

Size: 6,969 Square Feet
Dimensions: 50 x 140

Details

Foundation area: 832
Parcel number: 324001500
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame
Roof: Asphalt

Condition

New construction: No
Year built: 1950

Utilities & green energy

Electric: Circuit Breakers, Power Company: Minnesota Power
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Rice & Cutlers Second Add

HOA

Has HOA: No

Location

Region: Park Rapids

Financial & listing details

Price per square foot: $97/sqft
Tax assessed value: $170,500
Annual tax amount: $2,338
Date on market: 8/8/2023
Cumulative days on market: 78 days

Price history

Date	Event	Price
9/29/2023	Sold	$174,500-7.9%$97/sqft
Source: NorthstarMLS as distributed by MLS GRID #6373034 Report a problem
8/8/2023	Pending sale	$189,500$105/sqft
Source: NorthstarMLS as distributed by MLS GRID #6373034 Report a problem
8/4/2023	Listing removed	--
Source: NorthstarMLS as distributed by MLS GRID #6373034 Report a problem
5/19/2023	Listed for sale	$189,500+35.8%$105/sqft
Source: NorthstarMLS as distributed by MLS GRID #6373034 Report a problem
5/20/2019	Listing removed	$139,500$78/sqft
Source: Coldwell Banker Clack & Dennis Real Estate #5199471 Report a problem
3/15/2019	Listed for sale	$139,500-89.3%$78/sqft
Source: Coldwell Banker Clack & Dennis Real Estate #5199471 Report a problem
11/19/2018	Sold	$1,300,000+831.9%$723/sqft
Source: NorthstarMLS as distributed by MLS GRID #6078228 Report a problem
7/26/2018	Listed for sale	$139,500-3.5%$78/sqft
Source: Coldwell Banker Clack & Dennis Real Estate #4984760 Report a problem
1/1/2015	Listing removed	$144,500$80/sqft
Source: Coldwell Banker Clack & Dennis Real Estate #4492005 Report a problem
6/16/2014	Listed for sale	$144,500$80/sqft
Source: Coldwell Banker Clack & Dennis Real Estate #4492005 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,602 +11.3%	$170,500 +0.1%
2023	$2,338 +11.7%	$170,400 +11.3%
2022	$2,094 -6.6%	$153,100 +22.7%
2021	$2,242 -16.2%	$124,800 -3.3%
2020	$2,676	$129,000
2019	$2,676 -6.4%	$129,000 +0.7%
2018	$2,860 -22%	$128,100 -4.9%
2016	$3,668 +28.3%	$134,700 +8.7%
2015	$2,859 +3.3%	$123,900 +4.2%
2014	$2,767 -3.1%	$118,900 -11.5%
2011	$2,855 -15.7%	$134,300 -8.2%
2010	$3,386	$146,300