8 months on rocket

500 Main Ave N, Park Rapids, MN, 56470

$69,900

Home List Price

$830*

Closing Credit

3 Bedrooms
1 Full Bath
1,678 SqFt
$42/SqFt
House

Location

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500 Main Ave N, Park Rapids$69,900

Buyer Closing Credits

$830*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1898
HeatingNone
CoolingNone
BasementYes
MLS #6498050
StatusActive

About 500 Main Ave N

Situated on a double lot, this property offers a 30x40 shop building with a two-story home in need of renovation. Three bedrooms up with a full bath and lots of historic wood flooring on the main level with spacious kitchen. The heating components have been disconnected. Located near the Fishhook River and downtown Park Rapids, this property is ready for your handy work.

Property Details

Property Features

Property Information:

  • Year Built: 1898
  • Living Area: 1,678 SqFt

Listing Office:

  • Office Name: Wolff & Simon Real Estate

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: From 34/71 in Park Rapids, West on 34 to a right on Main St. N. to property at 500 Main Ave. N.

Price Information

Listing Price Info

Price Summary:

  • List Price: $69,900
  • Price Per SqFt: $42/SqFt

Tax Information:

  • Annual Amount: $1,772
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Park Rapids, MN.

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Park Rapids, MN

City

Med. Sold Price

$311K

Med. Price/SqFt

$189

Avg. Days On Market

41

# of Sold Homes

9

500 Main Ave N vs Park Rapids

258 DAYS ON ROCKET

+217 Days

$69,900

-$241.1K Less

$42/SqFt

-$147 Less

KEY TAKEAWAY

This property is $241.1K less than the Median Sold Price and $147/SqFt less than other homes in Park Rapids, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6498050

Listing Office:

  • Office Name: Wolff & Simon Real Estate

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Last updated on: 11/17/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2017Home Sold
$32,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,772$65,400
2019$1,756$60,400
2018$1,780$58,700

History based on county public records data.

Payment Calculator

$416

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-704158
6
/10

  • Park Rapids Century Elementary School

  • 501 Helten Ave

  • 0.60 miles

  • Public District Grades PK-4

school-card-donut-704159
7
/10

  • Nevis Elementary School

  • 210 Pleasant St W

  • 10.52 miles

  • Public District Grades PK-6

school-card-donut-704160
6
/10

  • Menahga Elementary School

  • 216 Aspen Ave SE

  • 12.21 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,764. The majority of Park Rapids, MN residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Main Ave N

What is the listing price of this property?

The listing price of 500 Main Ave N property is $69,900.

What type of property is this?

The property 500 Main Ave N is a house located in Park Rapids, Minnesota, 56470.

Is this property for sale now?

Active Listing: 500 Main Ave N is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,772 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 19, 2017 for $32,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Main Ave N has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 500 Main Ave N is 1,678 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Main Ave N is 1898.

Rocket Homes›Minnesota›Hubbard County›Park Rapids›56470›500 Main Ave N

This home is located at 500 Main Ave N in Park Rapids, MN and zip code 56470. This 1,678 square foot home was built in 1898. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $69,900.

In October 2024, from all listings sold in Park Rapids, MN there were more than 2 sold above asking price, over 5 sold below and more than 2 were sold right at the asked price. In October 2024 in Park Rapids, MN there were 10.8% less homes for sale than in September 2024. Listings spent 41 days on the market in October 2024, and had a median list price of $311,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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