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616 8th St

Park Rapids, MN 56470

3 bd 2 ba 1,771 sqft Built 2000 Lot 9,583 sqft single_family
Most recent sale
$208,000
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2024 Sold $221,000 NorthstarMLS
Feb 29, 2024 Listed $230,000 NorthstarMLS
Jul 25, 2022 Sold $208,000 MLS #6193176
Jun 22, 2022 Listing removed DetroitLakes
Jun 8, 2022 Price changed $205,000 MLS #6193176
May 10, 2022 Listed $215,000 MLS #20-35863
Jul 19, 2019 Sold $158,500 MLS #5230936
May 16, 2019 Listed $154,900 MLS #5230936

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $108,300 $1,734
2020 $107,800 $1,636
2019 $98,600 $1,452
2018 $84,200 $1,380
2017 $81,800 $1,276
2016 $75,500 $1,420
2015 $87,000 $1,340
2014 $81,100 $1,982
2013 $80,800 $1,922
2012 $76,600 $1,844
2011 $77,400 $1,680
2010 $95,700 $19,100 $114,800 $1,268

Property facts

Year built
2000
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,771 sqft
Lot size
9,583 sqft
ZIP code
56470
City
Park Rapids
Street
8th St
Coordinates
46.91441, -95.06837

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
$1,248
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 616 8th St last sell?
616 8th St most recently sold on Jul 25, 2022 for $208,000.
What is the current tax assessment for 616 8th St?
The most recent total assessment for 616 8th St (year 2022) is $108,300 with $1,734 in property tax.
How does 616 8th St's assessment compare to its last sale price?
The current assessment is 47.9% below the last sale price of $208,000.
When was 616 8th St built?
616 8th St was built in 2000.
How does 616 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 616 8th St?
616 8th St is a 3 bed, 2 bath, 1,771 sqft, 9,583 sqft lot single_family.
Is 616 8th St a flip candidate?
No — 616 8th St does not appear in our flips dataset.
Is 616 8th St a tax-appeal candidate?
No — 616 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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