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203 Main Ave

Park Rapids, MN 56470

4 bd 2 ba 1,700 sqft Built 1906 Lot 6,970 sqft single_family
Most recent sale
$87,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2022 Sold $87,000 Public Record
Mar 31, 2022 Sold $87,000 MLS #20-35401
Jan 31, 2022 Listed $89,900 MLS #20-35401
Jun 10, 2016 Sold $62,800 Public Record
Oct 29, 2015 Sold $40,000 MLS #4618901
Jul 1, 2015 Listed $45,900 MLS #4618901
Jun 2, 2014 Listing removed $52,000 NorthstarMLS
Jan 1, 2014 Listed $52,000 MLS #4438123
Jun 10, 2013 Listing removed $59,900 GreaterLakes
May 24, 2013 Listing removed $59,900 NorthstarMLS
May 23, 2013 Price changed $59,900 MLS #4162520
May 10, 2013 Price changed $59,900 MLS #4162520
Jun 12, 2012 Listed $65,900 MLS #4162520
Mar 31, 2012 Listing removed $79,900 NorthstarMLS
Mar 29, 2012 Listing removed $84,900 NorthstarMLS
Sep 2, 2010 Listing removed $79,900 DetroitLakes
Apr 12, 2010 Listed $79,900 MLS #71-2811
Apr 9, 2010 Listed $79,900 MLS #4293408
Oct 2, 2009 Listing removed $84,900 GreaterLakes
Dec 4, 2008 Listed $84,900 MLS #174034
Apr 23, 2008 Listed $84,900 MLS #4274034

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $62,000 $14,900 $76,900 $2,760
2023 $61,900 $13,500 $75,400 $1,134
2022 $50,300 $13,500 $63,800 $1,154
2021 $43,600 $15,000 $58,600 $1,474
2020 $43,600 $15,000 $58,600 $1,034
2019 $39,000 $15,000 $54,000 $1,426
2018 $39,000 $13,700 $52,700 $1,004
2017 $38,800 $13,100 $51,900 $1,118
2016 $47,200 $13,100 $60,300 $1,184
2015 $51,700 $14,200 $65,900 $1,060
2014 $49,700 $14,200 $63,900 $1,098
2013 $49,800 $16,600 $66,400 $1,458
2012 $48,600 $16,600 $65,200 $912
2011 $43,700 $16,600 $60,300 $874
2010 $44,000 $17,700 $61,700 $1,412

Property facts

Year built
1906
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,700 sqft
Lot size
6,970 sqft
ZIP code
56470
City
Park Rapids
Street
Main Ave
Coordinates
46.92372, -95.06049

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
$522
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 203 Main Ave last sell?
203 Main Ave most recently sold on Apr 1, 2022 for $87,000.
What is the current tax assessment for 203 Main Ave?
The most recent total assessment for 203 Main Ave (year 2025) is $76,900 with $2,760 in property tax.
How does 203 Main Ave's assessment compare to its last sale price?
The current assessment is 11.6% below the last sale price of $87,000.
When was 203 Main Ave built?
203 Main Ave was built in 1906.
How does 203 Main Ave compare to others on Main Ave?
We track 8 other properties on Main Ave. Browse the list under "Other properties on Main Ave" to compare beds, baths, and sale history.
What are the property facts for 203 Main Ave?
203 Main Ave is a 4 bed, 2 bath, 1,700 sqft, 6,970 sqft lot single_family.
Is 203 Main Ave a flip candidate?
No — 203 Main Ave does not appear in our flips dataset.
Is 203 Main Ave a tax-appeal candidate?
No — 203 Main 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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