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509 Fair Ave, Park Rapids, MN, 56470

$211,000

Home List Price

$2,506*

Closing Credit

1 Bedroom
1 Full Bath
1,096 SqFt
$193/SqFt
House

Location

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509 Fair Ave, Park Rapids$211,000

Buyer Closing Credits

$2,506*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1949
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6626903
StatusActive

About 509 Fair Ave

Discover cozy living in this delightful 1-bedroom, 1-bathroom home in the heart of Park Rapids. This inviting residence features a convenient 1-stall garage, perfect for keeping your vehicle safe from the elements. Enjoy the simplicity and comfort of a well-designed layout that maximizes space and functionality. Updates include new hardwood flooring, custom cabinetry, lighting fixtures, decks, all new windows, all new drywall and paint, a natural gas furnace, connected to city water, and more! Reach out today to schedule a viewing and experience all that this property has to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Living Area: 1,096 SqFt

Listing Office:

  • Office Name: Wolff & Simon Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From highways 71/34 in Park Rapids. West to Fair Ave. Left (South) on Fair Ave. to property on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $211,000
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $742
  • 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

509 Fair Ave vs Park Rapids

43 DAYS ON ROCKET

-92 Days

$211,000

-$96K Less

$193/SqFt

+$4 More

KEY TAKEAWAY

This property is $96K less than the Median Sold Price and $4/SqFt more 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: #6626903

Listing Office:

  • Office Name: Wolff & Simon Real Estate

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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$742$39,200
2019$730$37,300
2018$726$36,000

History based on county public records data.

Payment Calculator

$1,121

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$699

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NMLS#3030

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-4550954
6
/10

  • Park Rapids Century Elementary School

  • 501 Helten Ave

  • 0.78 miles

  • Public District Grades PK-4

school-card-donut-4550955
7
/10

  • Nevis Elementary School

  • 210 Pleasant St W

  • 11.17 miles

  • Public District Grades PK-6

school-card-donut-4550956
6
/10

  • Menahga Elementary School

  • 216 Aspen Ave SE

  • 11.45 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. Typical income of Park Rapids, MN residents is less than $35k annually. Most 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 509 Fair Ave

What is the listing price of this property?

The listing price of 509 Fair Ave property is $211,000.

What type of property is this?

The property 509 Fair Ave is a house located in Park Rapids, Minnesota, 56470.

Is this property for sale now?

Active Listing: 509 Fair Ave 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 $742 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 509 Fair Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 509 Fair Ave is 1,096 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 Fair Ave is 1949.

Rocket Homes›Minnesota›Hubbard County›Park Rapids›56470›509 Fair Ave

This home is located at 509 Fair Ave in Park Rapids, MN and zip code 56470. This 1,096 square foot home was built in 1949. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $211,000.

Over 1 listings were sold over their listed price in November 2024 in Park Rapids, MN. In the same period over 8 listings were sold below the listed price and 3 listings were sold for the listed price. 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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