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705 Eastern Ave

Park Rapids, MN 56470

4 bd 3 ba 2,334 sqft Built 2017 Lot 21,780 sqft single_family
Most recent sale
$340,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $340,000 MLS #6138828
Feb 3, 2022 Listed $369,900 MLS #6138828
Jan 3, 2022 Listed $369,900 MLS #6138828
Jan 5, 2021 Sold $285,000 Public Record
Mar 3, 2020 Listing removed $289,900 GreaterLakes
Dec 1, 2015 Sold $15,000 MLS #4584078
Apr 13, 2015 Listed $21,900 MLS #4584078
Dec 2, 2014 Listing removed $23,900 NorthstarMLS
Dec 1, 2014 Listing removed $23,900 GreaterLakes
Apr 17, 2014 Listed $23,900 MLS #4468417
Oct 8, 2013 Listing removed $24,900 Arrowhead
Oct 5, 2013 Listing removed $24,900 GreaterLakes
Jun 10, 2013 Relisted $24,900 MLS #4351803
Jun 7, 2013 Listing removed $24,900 GreaterLakes
May 24, 2013 Listing removed $24,900 NorthstarMLS
Apr 4, 2013 Listed $24,900 MLS #1117719

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $347,158 $4,508
2023 $316,356 $4,122
2022 $282,100 $4,204
2021 $257,700 $3,832
2020 $237,000 $3,662
2019 $206,900 $3,280
2018 $63,300 $1,112
2017 $16,800 $16,800 $298
2016 $16,800 $16,800 $294
2015 $16,800 $16,800 $294
2014 $23,200 $23,200 $408
2013 $23,200 $23,200 $400
2012 $23,200 $23,200 $366
2011 $25,200 $25,200 $370
2010 $27,000 $27,000 $376

Property facts

Year built
2017
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,334 sqft
Lot size
21,780 sqft
ZIP code
56470
City
Park Rapids
Street
Eastern Ave
Coordinates
46.93202, -95.04277

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
$3,501
Gross rental yield
12.36%
Implied cap rate
8.03%
Trend-extrapolated value

Frequently asked questions

When did 705 Eastern Ave last sell?
705 Eastern Ave most recently sold on Jun 1, 2022 for $340,000.
What is the current tax assessment for 705 Eastern Ave?
The most recent total assessment for 705 Eastern Ave (year 2025) is $347,158 with $4,508 in property tax.
How does 705 Eastern Ave's assessment compare to its last sale price?
The current assessment is 2.1% above the last sale price of $340,000.
When was 705 Eastern Ave built?
705 Eastern Ave was built in 2017.
How does 705 Eastern Ave compare to others on Eastern Ave?
We track 8 other properties on Eastern Ave. Browse the list under "Other properties on Eastern Ave" to compare beds, baths, and sale history.
What are the property facts for 705 Eastern Ave?
705 Eastern Ave is a 4 bed, 3 bath, 2,334 sqft, 21,780 sqft lot single_family.
Is 705 Eastern Ave a flip candidate?
No — 705 Eastern Ave does not appear in our flips dataset.
Is 705 Eastern Ave a tax-appeal candidate?
No — 705 Eastern Ave 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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