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506 Bridge St

Park Rapids, MN 56470

2 bd 1 ba 1,040 sqft Built 1997 Lot 13,068 sqft mobile
Most recent sale
$111,000
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $111,000 NorthstarMLS
Feb 27, 2024 Price changed $115,900 NorthstarMLS
Jan 29, 2024 Price changed $117,900 NorthstarMLS
Jan 23, 2024 Listed $107,900 NorthstarMLS
Jun 30, 2014 Sold $55,000 Public Record
May 28, 2013 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $65,300 $17,300 $82,600 $1,238
2023 $78,900 $16,300 $95,200 $1,378
2022 $43,000 $14,200 $57,200 $976
2021 $37,200 $15,800 $53,000 $906
2020 $38,900 $15,800 $54,700 $956
2019 $34,700 $14,400 $49,100 $892
2018 $36,600 $15,200 $51,800 $908
2017 $36,900 $15,200 $52,100 $902
2016 $35,400 $15,200 $50,600 $868
2015 $32,900 $15,200 $48,100 $834
2014 $28,500 $17,700 $46,200 $810
2013 $28,700 $17,700 $46,400 $794
2012 $29,000 $17,700 $46,700 $738
2011 $29,300 $21,000 $50,300 $536
2010 $34,100 $23,000 $57,100 $550

Property facts

Year built
1997
Property type
mobile
Stories
1
Beds
2
Baths
1
Living area
1,040 sqft
Lot size
13,068 sqft
ZIP code
56470
City
Park Rapids
Street
Bridge St
Coordinates
46.92406, -95.05260

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
$666
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Bridge St last sell?
506 Bridge St most recently sold on Apr 19, 2024 for $111,000.
What is the current tax assessment for 506 Bridge St?
The most recent total assessment for 506 Bridge St (year 2025) is $82,600 with $1,238 in property tax.
How does 506 Bridge St's assessment compare to its last sale price?
The current assessment is 25.6% below the last sale price of $111,000.
When was 506 Bridge St built?
506 Bridge St was built in 1997.
How does 506 Bridge St compare to others on Bridge St?
We track 7 other properties on Bridge St. Browse the list under "Other properties on Bridge St" to compare beds, baths, and sale history.
What are the property facts for 506 Bridge St?
506 Bridge St is a 2 bed, 1 bath, 1,040 sqft, 13,068 sqft lot mobile.
Is 506 Bridge St a flip candidate?
No — 506 Bridge St does not appear in our flips dataset.
Is 506 Bridge St a tax-appeal candidate?
No — 506 Bridge 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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