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614 8th St

Park Rapids, MN 56470

2 bd 2 ba 1,308 sqft Built 2001 Lot 9,583 sqft single_family
Most recent sale
$140,000
Sep 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 14, 2024 Listed $190,000 NorthstarMLS
Sep 10, 2021 Sold $140,000 DetroitLakes
Jun 14, 2021 Price changed $144,900 GreaterLakes
Jun 2, 2021 Listed $149,900 GreaterLakes
Mar 29, 2019 Sold $115,000 GreaterLakes
Dec 20, 2018 Listed $119,500 GreaterLakes
Oct 22, 2018 Listing removed $119,500 NorthstarMLS
Oct 15, 2018 Listing removed $119,500 GreaterLakes
Aug 7, 2018 Listing removed $119,500 NorthstarMLS
Aug 6, 2018 Listing removed $119,500 GreaterLakes
Jul 12, 2018 Price changed $119,500 GreaterLakes
Jun 12, 2018 Price changed $124,900 GreaterLakes
May 3, 2018 Listed $119,500 NorthstarMLS
Nov 6, 2015 Sold $63,000 NorthwestMinnesotaAOR
Sep 22, 2015 Relisted $66,150 NorthwestMinnesotaAOR
Jul 13, 2015 Listing removed $72,000 NorthwestMinnesotaAOR
Jun 22, 2015 Price changed $73,500 NorthwestMinnesotaAOR
May 21, 2015 Listed $74,150 NorthwestMinnesotaAOR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $156,300 $15,900 $172,200 $2,330
2022 $105,700 $1,696
2021 $104,500 $1,668
2020 $94,200 $1,572
2019 $93,000 $14,600 $107,600 $1,770
2018 $91,000 $14,000 $105,000 $1,684
2017 $86,000 $14,000 $100,000 $1,596
2016 $82,400 $1,354
2015 $89,800 $15,100 $104,900 $2,264
2014 $86,400 $17,600 $104,000 $2,278
2013 $82,800 $17,600 $100,400 $2,216
2012 $73,200 $1,790
2011 $91,200 $19,100 $110,300 $1,622
2010 $96,100 $21,100 $117,200 $1,194

Property facts

Year built
2001
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,308 sqft
Lot size
9,583 sqft
ZIP code
56470
City
Park Rapids
Street
8th St
Coordinates
46.91442, -95.06811

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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 614 8th St last sell?
614 8th St most recently sold on Sep 10, 2021 for $140,000.
What is the current tax assessment for 614 8th St?
The most recent total assessment for 614 8th St (year 2023) is $172,200 with $2,330 in property tax.
How does 614 8th St's assessment compare to its last sale price?
The current assessment is 23.0% above the last sale price of $140,000.
When was 614 8th St built?
614 8th St was built in 2001.
How does 614 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 614 8th St?
614 8th St is a 2 bed, 2 bath, 1,308 sqft, 9,583 sqft lot single_family.
Is 614 8th St a flip candidate?
No — 614 8th St does not appear in our flips dataset.
Is 614 8th St a tax-appeal candidate?
No — 614 8th 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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