Sold for $195,000

$195,000

507 Fair Ave, Park Rapids, MN 56470

2beds

936sqft

SingleFamily

Built in 1948

1 Acres Lot

$197,600 Zestimate^®

$208/sqft

$996 Estimated rent

Home value

$197,600

Estimated sales range

Not available

$996/mo

Zestimate^® history

Owner options

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$996/mo

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$996/mo

Rent Zestimate^®

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$1,175/mo

Est. payment

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$1,175/mo

Est. payment

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What's special

Vinyl flooring

This is a two bedroom, one bathroom, two level home. The basement is finished and has carpeting. The upstairs has vinyl flooring. The house is updated and remodeled throughout. The garage is detached and can fit two cars. It is about 1/2 and acre lot. The school and downtown Park Rapids are about a mile away! Great location.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Forced air, Other

Cooling

Other

Appliances

Included: Dishwasher, Microwave, Range / Oven, Refrigerator

Features

Flooring: Carpet, Linoleum / Vinyl
Basement: Finished

Interior area

Total interior livable area: 936 sqft

Property

Parking

Parking features: Garage - Detached

Features

Exterior features: Other

Lot

Size: 1 Acres

Details

Parcel number: 322602200
Zoning: Residential-Single Family

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Asphalt

Condition

Year built: 1948

Utilities & green energy

Sewer: Private, Tank with Drainage Field

Community & HOA

Location

Region: Park Rapids

Financial & listing details

Price per square foot: $208/sqft
Tax assessed value: $129,700
Annual tax amount: $959

Price history

Date	Event	Price
10/3/2025	Sold	$195,000-2.5%$208/sqft
Source: Public Record Report a problem
8/10/2025	Pending sale	$200,000$214/sqft
Source: Owner Report a problem
6/18/2025	Listed for sale	$200,000+11.1%$214/sqft
Source: Owner Report a problem
7/18/2023	Sold	$180,000+49.4%$192/sqft
Source: Public Record Report a problem
1/31/2020	Sold	$120,500-6.6%$129/sqft
Source: NorthstarMLS as distributed by MLS GRID #5349606 Report a problem
1/2/2020	Pending sale	$129,000$138/sqft
Source: Wolff & Simon Real Estate #5349606 Report a problem
12/20/2019	Listed for sale	$129,000-0.7%$138/sqft
Source: Wolff & Simon Real Estate #5349606 Report a problem
1/4/2018	Listing removed	$129,900$139/sqft
Source: Wolff & Simon Real Estate #4881334 Report a problem
10/4/2017	Listed for sale	$129,900$139/sqft
Source: Wolff & Simon Real Estate #4881334 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$959 -3.2%	$94,823 +25.1%
2023	$990 +34.5%	$75,793 -3.1%
2022	$736 -8.2%	$78,191 +80.6%
2021	$802 -25.3%	$43,300 -30.9%
2020	$1,074	$62,700
2019	$1,074 -4.6%	$62,700 +4.2%
2018	$1,126 +41.5%	$60,200 +34.7%
2016	$796 +34%	$44,700 +7.5%
2015	$594 -4.2%	$41,600 -3.9%
2014	$620 -1.9%	$43,300 -12%
2011	$632 -12.7%	$49,200
2010	$724	$49,200