56786 194th St
Park Rapids, MN 56470
3 bd 2 ba 1,772 sqft Built 1992 Lot 528,818 sqft single_family
Most recent sale
$487,000
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2022 | Sold | $487,000 | MLS #6217322 |
| Jul 9, 2022 | Price changed | $489,900 | MLS #6217322 |
| Jun 17, 2022 | Listed | $499,900 | MLS #6217322 |
| Nov 20, 2012 | Sold | $217,500 | MLS #4183949 |
| Aug 20, 2012 | Listed | $219,900 | MLS #4183949 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $164,800 | $1,506 |
| 2019 | — | — | $162,400 | $1,656 |
| 2018 | — | — | $177,400 | $1,790 |
| 2017 | — | — | $187,100 | $1,772 |
| 2016 | — | — | $182,500 | $1,872 |
| 2015 | — | — | $196,800 | $1,896 |
| 2014 | — | — | $198,300 | $1,970 |
| 2013 | — | — | $202,900 | $2,032 |
| 2012 | — | — | $203,900 | $1,976 |
| 2011 | — | — | $206,900 | $1,570 |
| 2009 | $111,100 | $113,800 | $224,900 | $1,822 |
| 2007 | $112,822 | $101,100 | $213,922 | $1,718 |
Property facts
Year built
1992
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,772 sqft
Lot size
528,818 sqft
ZIP code
56470
City
Park Rapids
Street
194th St
Coordinates
46.85241, -95.21007
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,658
Gross rental yield
6.55%
Implied cap rate
4.26%
Trend-extrapolated value
—
Frequently asked questions
When did 56786 194th St last sell?
56786 194th St most recently sold on Aug 15, 2022 for $487,000.
What is the current tax assessment for 56786 194th St?
The most recent total assessment for 56786 194th St (year 2020) is $164,800 with $1,506 in property tax.
How does 56786 194th St's assessment compare to its last sale price?
The current assessment is 66.2% below the last sale price of $487,000.
When was 56786 194th St built?
56786 194th St was built in 1992.
How does 56786 194th St compare to others on 194th St?
We track 2 other properties on 194th St. Browse the list under "Other properties on 194th St" to compare beds, baths, and sale history.
What are the property facts for 56786 194th St?
56786 194th St is a 3 bed, 2 bath, 1,772 sqft, 528,818 sqft lot single_family.
Is 56786 194th St a flip candidate?
No — 56786 194th St does not appear in our flips dataset.
Is 56786 194th St a tax-appeal candidate?
No — 56786 194th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.6%
Implied 1-yr
-10.5%
2026 Q3
$224.3K
2026 Q4
$217.3K
ZIP 56470 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 194th St