1205 1st St
Park Rapids, MN 56470
2 bd 1 ba 1,800 sqft Built 1947 Lot 28,314 sqft single_family
Most recent sale
$135,000
Feb 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2024 | Price changed | $194,900 | NorthstarMLS |
| Oct 12, 2023 | Listed | $199,900 | NorthstarMLS |
| Feb 16, 2022 | Sold | $135,000 | MLS #6117176 |
| Feb 3, 2022 | Listed | $149,900 | MLS #6117176 |
| Oct 21, 2021 | Listed | $149,900 | MLS #6117176 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $36,700 | $55,800 | $92,500 | $1,360 |
| 2023 | $58,400 | $50,700 | $109,100 | $1,550 |
| 2022 | — | — | $65,500 | $1,120 |
| 2020 | — | — | $61,300 | $1,084 |
| 2019 | — | — | $52,900 | $982 |
| 2018 | — | — | $59,900 | $1,058 |
| 2017 | — | — | $52,000 | $932 |
| 2016 | — | — | $52,800 | $930 |
| 2015 | — | — | $71,100 | $1,190 |
| 2014 | — | — | $69,500 | $1,172 |
| 2013 | — | — | $74,500 | $1,220 |
| 2012 | — | — | $96,400 | $1,242 |
| 2011 | $34,800 | $79,900 | $114,700 | $1,144 |
| 2010 | $42,000 | $79,900 | $121,900 | $1,106 |
Property facts
Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,800 sqft
Lot size
28,314 sqft
ZIP code
56470
City
Park Rapids
Street
1st St
Coordinates
46.92211, -95.03597
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1205 1st St last sell?
1205 1st St most recently sold on Feb 16, 2022 for $135,000.
What is the current tax assessment for 1205 1st St?
The most recent total assessment for 1205 1st St (year 2025) is $92,500 with $1,360 in property tax.
How does 1205 1st St's assessment compare to its last sale price?
The current assessment is 31.5% below the last sale price of $135,000.
When was 1205 1st St built?
1205 1st St was built in 1947.
How does 1205 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 1205 1st St?
1205 1st St is a 2 bed, 1 bath, 1,800 sqft, 28,314 sqft lot single_family.
Is 1205 1st St a flip candidate?
No — 1205 1st St does not appear in our flips dataset.
Is 1205 1st St a tax-appeal candidate?
No — 1205 1st 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 1st St