301 Central Ave
Park Rapids, MN 56470
1 bd 1 ba 566 sqft Built 1946 Lot 14,810 sqft single_family
Most recent sale
$80,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 10, 2025 | Sold | $111,000 | NorthstarMLS |
| Oct 25, 2024 | Listed | $110,000 | NorthstarMLS |
| May 27, 2022 | Sold | $80,000 | MLS #6191397 |
| May 9, 2022 | Listed | $84,000 | MLS #6191397 |
| Sep 16, 2015 | Sold | $31,000 | MLS #4602830 |
| Jul 1, 2015 | Sold | $31,000 | MLS #4602830 |
| May 26, 2015 | Listing removed | $34,900 | DetroitLakes |
| May 26, 2015 | Listed | $34,900 | MLS #4602830 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $47,700 | $18,000 | $65,700 | $1,030 |
| 2023 | $61,500 | $17,000 | $78,500 | $1,172 |
| 2022 | $32,600 | $14,800 | $47,400 | $836 |
| 2021 | $28,500 | $16,500 | $45,000 | $792 |
| 2020 | $28,800 | $16,500 | $45,300 | $818 |
| 2019 | $25,600 | $15,100 | $40,700 | $768 |
| 2018 | $26,500 | $15,900 | $42,400 | $770 |
| 2017 | $22,800 | $15,900 | $38,700 | $708 |
| 2016 | $22,200 | $15,900 | $38,100 | $690 |
| 2015 | $22,500 | $15,900 | $38,400 | $696 |
| 2014 | — | — | $23,000 | $498 |
| 2013 | — | — | $23,000 | $488 |
| 2012 | — | — | $23,600 | $458 |
| 2011 | $21,200 | $22,100 | $43,300 | $480 |
| 2010 | $28,200 | $24,100 | $52,300 | $514 |
Property facts
Year built
1946
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
566 sqft
Lot size
14,810 sqft
ZIP code
56470
City
Park Rapids
Street
Central Ave
Coordinates
46.92458, -95.04818
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$849
Gross rental yield
12.74%
Implied cap rate
8.28%
Trend-extrapolated value
—
Frequently asked questions
When did 301 Central Ave last sell?
301 Central Ave most recently sold on May 27, 2022 for $80,000.
What is the current tax assessment for 301 Central Ave?
The most recent total assessment for 301 Central Ave (year 2025) is $65,700 with $1,030 in property tax.
How does 301 Central Ave's assessment compare to its last sale price?
The current assessment is 17.9% below the last sale price of $80,000.
When was 301 Central Ave built?
301 Central Ave was built in 1946.
How does 301 Central Ave compare to others on Central Ave?
We track 8 other properties on Central Ave. Browse the list under "Other properties on Central Ave" to compare beds, baths, and sale history.
What are the property facts for 301 Central Ave?
301 Central Ave is a 1 bed, 1 bath, 566 sqft, 14,810 sqft lot single_family.
Is 301 Central Ave a flip candidate?
No — 301 Central Ave does not appear in our flips dataset.
Is 301 Central Ave a tax-appeal candidate?
No — 301 Central Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.6%
Implied 1-yr
-10.5%
2026 Q3
$224.3K
2026 Q4
$217.3K
ZIP 56470 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Central Ave