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607 2nd St

Park Rapids, MN 56470

3 bd 1 ba 1,000 sqft Built 1947 Lot 14,810 sqft single_family
Most recent sale
$90,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $90,000 MLS #6258985
Sep 9, 2022 Listed $94,900 MLS #6258985
Dec 20, 2018 Sold $46,100 Public Record
Aug 31, 2014 Listing removed $59,900 NorthstarMLS
Jun 28, 2014 Relisted $59,900 MLS #4476295
Jun 27, 2014 Listing removed $59,900 GreaterLakes
May 6, 2014 Listed $59,900 MLS #4476295
Jul 9, 2013 Listing removed $64,900 GreaterLakes
May 24, 2013 Listing removed $64,900 NorthstarMLS
May 23, 2013 Relisted $64,900 MLS #4174011
Jan 19, 2013 Listing removed $64,900 NorthstarMLS
Jul 19, 2012 Listed $64,900 MLS #4174011

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $77,500 $18,000 $95,500 $1,398
2023 $73,100 $16,300 $89,400 $1,306
2022 $53,600 $16,300 $69,900 $1,158
2021 $47,700 $18,100 $65,800 $1,088
2020 $47,700 $18,100 $65,800 $1,044
2019 $42,600 $18,100 $60,700 $1,030
2018 $41,700 $16,500 $58,200 $980
2017 $41,000 $15,700 $56,700 $974
2016 $41,400 $15,700 $57,100 $934
2015 $38,500 $16,800 $55,300 $864
2014 $33,400 $16,800 $50,200 $870
2013 $30,700 $19,700 $50,400 $650
2012 $33,800 $606
2011 $34,600 $560
2010 $31,400 $21,900 $53,300 $610

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,000 sqft
Lot size
14,810 sqft
ZIP code
56470
City
Park Rapids
Street
2nd St
Coordinates
46.92124, -95.06702

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 607 2nd St last sell?
607 2nd St most recently sold on Sep 29, 2022 for $90,000.
What is the current tax assessment for 607 2nd St?
The most recent total assessment for 607 2nd St (year 2025) is $95,500 with $1,398 in property tax.
How does 607 2nd St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $90,000.
When was 607 2nd St built?
607 2nd St was built in 1947.
How does 607 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 607 2nd St?
607 2nd St is a 3 bed, 1 bath, 1,000 sqft, 14,810 sqft lot single_family.
Is 607 2nd St a flip candidate?
No — 607 2nd St does not appear in our flips dataset.
Is 607 2nd St a tax-appeal candidate?
No — 607 2nd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.6%
Implied 1-yr
-10.5%
2026 Q3
$224.3K
2026 Q4
$217.3K
ZIP 56470 — Median Price History + Forecast

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