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618 4th St

Park Rapids, MN 56470

2 bd 1 ba 720 sqft Built 1943 Lot 12,197 sqft single_family
Most recent sale
$118,300
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $118,300 Public Record
May 6, 2022 Sold $118,300 MLS #20-35523
Mar 17, 2022 Listed $115,000 MLS #6165631
Dec 31, 2020 Sold $70,000 Public Record
Nov 23, 2016 Sold $15,000 MLS #4739211
Oct 24, 2016 Relisted $22,000 MLS #4739211
Oct 18, 2016 Listing removed $22,000 GreaterLakes
Jul 14, 2016 Listing removed $22,000 DetroitLakes
Jul 13, 2016 Listed $22,000 MLS #4739211

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $92,207 $1,380
2023 $78,627 $1,194
2022 $42,300 $792
2021 $38,000 $724
2020 $34,200 $682
2019 $32,900 $678
2018 $16,100 $400
2017 $12,300 $14,900 $27,200 $542
2016 $13,000 $16,000 $29,000 $560
2015 $11,300 $16,000 $27,300 $538
2014 $10,700 $18,700 $29,400 $570
2013 $12,400 $20,000 $32,400 $598
2012 $13,000 $20,000 $33,000 $562
2011 $12,300 $20,500 $32,800 $528
2010 $14,300 $22,500 $36,800 $546

Property facts

Year built
1943
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
720 sqft
Lot size
12,197 sqft
ZIP code
56470
City
Park Rapids
Street
4th St
Coordinates
46.91862, -95.06824

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,080
Gross rental yield
10.96%
Implied cap rate
7.12%
Trend-extrapolated value

Frequently asked questions

When did 618 4th St last sell?
618 4th St most recently sold on May 10, 2022 for $118,300.
What is the current tax assessment for 618 4th St?
The most recent total assessment for 618 4th St (year 2025) is $92,207 with $1,380 in property tax.
How does 618 4th St's assessment compare to its last sale price?
The current assessment is 22.1% below the last sale price of $118,300.
When was 618 4th St built?
618 4th St was built in 1943.
How does 618 4th St compare to others on 4th St?
We track 8 other properties on 4th St. Browse the list under "Other properties on 4th St" to compare beds, baths, and sale history.
What are the property facts for 618 4th St?
618 4th St is a 2 bed, 1 bath, 720 sqft, 12,197 sqft lot single_family.
Is 618 4th St a flip candidate?
Yes — 618 4th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 618 4th St a tax-appeal candidate?
No — 618 4th 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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