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701 King St

Park Rapids, MN 56470

3 bd 2 ba 1,276 sqft Built 1947 Lot 10,454 sqft single_family
Most recent sale
$95,000
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 24, 2023 Sold $174,500 NorthstarMLS
Oct 26, 2022 Price changed $209,900 MLS #6243509
Oct 18, 2022 Price changed $221,900 MLS #6243509
Oct 4, 2022 Price changed $229,900 MLS #6243509
Sep 19, 2022 Price changed $234,900 MLS #6243509
Aug 17, 2022 Price changed $239,900 MLS #6243509
Aug 3, 2022 Listed $249,900 MLS #6243509
Mar 4, 2022 Sold $95,000 MLS #6151470
Mar 3, 2022 Listed $95,000 MLS #6151470
Mar 15, 2005 Sold $70,000 MLS #4232692
Jan 20, 2005 Listed $74,900 MLS #4232692

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $33,800 $678
2019 $33,900 $636
2018 $30,300 $718
2017 $36,700 $938
2016 $40,400 $14,200 $54,600 $912
2015 $39,500 $14,200 $53,700 $924
2014 $40,200 $14,200 $54,400 $892
2013 $35,300 $16,700 $52,000 $870
2012 $35,000 $16,700 $51,700 $826
2011 $36,800 $16,700 $53,500 $816
2010 $37,500 $19,500 $57,000 $942

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,276 sqft
Lot size
10,454 sqft
ZIP code
56470
City
Park Rapids
Street
King St
Coordinates
46.92365, -95.04922

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 701 King St last sell?
701 King St most recently sold on Mar 4, 2022 for $95,000.
What is the current tax assessment for 701 King St?
The most recent total assessment for 701 King St (year 2020) is $33,800 with $678 in property tax.
How does 701 King St's assessment compare to its last sale price?
The current assessment is 64.4% below the last sale price of $95,000.
When was 701 King St built?
701 King St was built in 1947.
How does 701 King St compare to others on King St?
We track 8 other properties on King St. Browse the list under "Other properties on King St" to compare beds, baths, and sale history.
What are the property facts for 701 King St?
701 King St is a 3 bed, 2 bath, 1,276 sqft, 10,454 sqft lot single_family.
Is 701 King St a flip candidate?
Yes — 701 King St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 701 King St a tax-appeal candidate?
No — 701 King 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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