305 Franklin Ave
Park Rapids, MN 56470
2 bd 1 ba 966 sqft Built 2006 Lot 7,405 sqft single_family
Most recent sale
$152,000
Feb 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 18, 2022 | Sold | $152,000 | MLS #20-34846 |
| Oct 29, 2021 | Price changed | $159,900 | MLS #6089865 |
| Oct 4, 2021 | Price changed | $168,800 | MLS #6089865 |
| Aug 25, 2021 | Listed | $179,900 | MLS #20-34846 |
| Jun 12, 2015 | Sold | $86,000 | MLS #4495613 |
| Aug 29, 2014 | Sold | $86,000 | MLS #4495613 |
| Jun 19, 2014 | Listed | $99,900 | MLS #4495613 |
| Mar 31, 2012 | Listing removed | $139,900 | NorthstarMLS |
| Mar 15, 2011 | Listed | $139,900 | MLS #4201569 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $164,500 | $15,100 | $179,600 | $2,434 |
| 2023 | $166,200 | $14,200 | $180,400 | $2,432 |
| 2019 | — | — | $67,100 | $1,198 |
| 2018 | — | — | $68,300 | $1,184 |
| 2017 | — | — | $68,900 | $1,182 |
| 2016 | — | — | $66,300 | $1,128 |
| 2015 | — | — | $60,000 | $1,040 |
| 2014 | — | — | $51,200 | $1,042 |
| 2013 | — | — | $51,700 | $912 |
| 2012 | — | — | $52,200 | $840 |
| 2011 | $59,500 | $18,000 | $77,500 | $760 |
| 2010 | $58,300 | $20,000 | $78,300 | $1,018 |
Property facts
Year built
2006
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
966 sqft
Lot size
7,405 sqft
ZIP code
56470
City
Park Rapids
Street
Franklin Ave
Coordinates
46.92532, -95.04976
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,449
Gross rental yield
11.44%
Implied cap rate
7.44%
Trend-extrapolated value
—
Frequently asked questions
When did 305 Franklin Ave last sell?
305 Franklin Ave most recently sold on Feb 18, 2022 for $152,000.
What is the current tax assessment for 305 Franklin Ave?
The most recent total assessment for 305 Franklin Ave (year 2025) is $179,600 with $2,434 in property tax.
How does 305 Franklin Ave's assessment compare to its last sale price?
The current assessment is 18.2% above the last sale price of $152,000.
When was 305 Franklin Ave built?
305 Franklin Ave was built in 2006.
How does 305 Franklin Ave compare to others on Franklin Ave?
We track 2 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 305 Franklin Ave?
305 Franklin Ave is a 2 bed, 1 bath, 966 sqft, 7,405 sqft lot single_family.
Is 305 Franklin Ave a flip candidate?
No — 305 Franklin Ave does not appear in our flips dataset.
Is 305 Franklin Ave a tax-appeal candidate?
Yes — 305 Franklin Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 Franklin Ave