4 months on rocket

500 Park Ave S, Park Rapids, MN, 56470

$297,900

Home List Price

$3,538*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
2,096 SqFt
$142/SqFt
House

Location

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500 Park Ave S, Park Rapids$297,900

Buyer Closing Credits

$3,538*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete, Heated Garage, Insulated Garage
Garage2 spaces
Year Built1929
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6587340
StatusActive

About 500 Park Ave S

Classic American Foursquare home in Park Rapids! Built in 1929, the features include original woodwork details, wood floors and beautiful craftsmanship throughout. Fresh updates just completed and ready to occupy. 3+ bedroom home with a large detached garage and an upper level studio. Live in one and possibly rent the other! Fantastic location right next to Hugo's grocery store and just a short walk to Main Street. Depot Park is less than a block away and the hospital and clinic are 4 to southwest. Don't miss this great income property!

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Living Area: 2,096 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Professionals

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Heated Garage, Insulated Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 34/71 intersection in Park Rapids, head south on 71 for 3 blocks. Home is on the east side of 71/Park Ave. Situated on the corner next to Hugo's parking lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $297,900
  • Price Per SqFt: $142/SqFt

Tax Information:

  • Annual Amount: $2,114
  • 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

$307K

Med. Price/SqFt

$188

Avg. Days On Market

135

# of Sold Homes

12

500 Park Ave S vs Park Rapids

124 DAYS ON ROCKET

-11 Days

$297,900

-$9.1K Less

$142/SqFt

-$47 Less

KEY TAKEAWAY

This property is $9.1K less than the Median Sold Price and $47/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: #6587340

Listing Office:

  • Office Name: Keller Williams Realty Professionals

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Last updated on: 12/18/2024, 1:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,114$109,800
2019$2,000$99,600
2018$1,760$101,800

History based on county public records data.

Payment Calculator

$1,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$960

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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-4550229
6
/10

  • Park Rapids Century Elementary School

  • 501 Helten Ave

  • 0.98 miles

  • Public District Grades PK-4

school-card-donut-4550230
7
/10

  • Nevis Elementary School

  • 210 Pleasant St W

  • 10.63 miles

  • Public District Grades PK-6

school-card-donut-4550231
6
/10

  • Menahga Elementary School

  • 216 Aspen Ave SE

  • 11.59 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 $21,702. Residents of Park Rapids, MN typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Park Ave S

What is the listing price of this property?

The listing price of 500 Park Ave S property is $297,900.

What type of property is this?

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

Is this property for sale now?

Active Listing: 500 Park Ave S 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 $2,114 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 500 Park Ave S has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 500 Park Ave S is 2,096 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Park Ave S is 1929.

Rocket Homes›Minnesota›Hubbard County›Park Rapids›56470›500 Park Ave S

This home is located at 500 Park Ave S in Park Rapids, MN and zip code 56470. This 2,096 square foot home was built in 1929. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $297,900.

In November 2024 more than 1 listings in Park Rapids, MN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below. The median list price of listings available in November 2024 was $307,000, while the average time on the real estate market was 135 days.

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

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