31427 Mallard Bay
Park Rapids, MN 56470
3 bd 2 ba 2,328 sqft Built 1994 Lot 78,408 sqft single_family
Most recent sale
$350,000
Feb 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 18, 2022 | Sold | $350,000 | Public Record |
| Feb 7, 2022 | Sold | $350,000 | MLS #6084296 |
| Feb 6, 2022 | Relisted | $369,900 | MLS #6084296 |
| Jan 17, 2022 | Relisted | $369,900 | MLS #6084296 |
| Dec 7, 2021 | Listing removed | $369,900 | NorthstarMLS |
| Aug 16, 2021 | Listed | $369,900 | MLS #6084296 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $391,100 | $135,200 | $526,300 | $2,922 |
| 2024 | $282,200 | $124,900 | $407,100 | $2,446 |
| 2023 | $239,300 | $105,100 | $344,400 | $2,306 |
| 2016 | — | — | $216,300 | $1,952 |
| 2015 | — | — | $233,600 | $2,102 |
| 2014 | — | — | $251,800 | $2,156 |
| 2013 | — | — | $250,200 | $2,238 |
| 2012 | — | — | $251,500 | $2,254 |
| 2011 | — | — | $252,800 | $1,802 |
| 2009 | $151,000 | $124,400 | $275,400 | $2,326 |
| 2007 | $151,116 | $151,668 | $302,784 | $2,648 |
Property facts
Year built
1994
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,328 sqft
Lot size
78,408 sqft
ZIP code
56470
City
Park Rapids
Street
Mallard Bay
Coordinates
47.02824, -95.20488
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,492
Gross rental yield
11.97%
Implied cap rate
7.78%
Trend-extrapolated value
—
Frequently asked questions
When did 31427 Mallard Bay last sell?
31427 Mallard Bay most recently sold on Feb 18, 2022 for $350,000.
What is the current tax assessment for 31427 Mallard Bay?
The most recent total assessment for 31427 Mallard Bay (year 2025) is $526,300 with $2,922 in property tax.
How does 31427 Mallard Bay's assessment compare to its last sale price?
The current assessment is 50.4% above the last sale price of $350,000.
When was 31427 Mallard Bay built?
31427 Mallard Bay was built in 1994.
How does 31427 Mallard Bay compare to others on Mallard Bay?
We track 1 other property on Mallard Bay. Browse the list under "Other properties on Mallard Bay" to compare beds, baths, and sale history.
What are the property facts for 31427 Mallard Bay?
31427 Mallard Bay is a 3 bed, 2 bath, 2,328 sqft, 78,408 sqft lot single_family.
Is 31427 Mallard Bay a flip candidate?
No — 31427 Mallard Bay does not appear in our flips dataset.
Is 31427 Mallard Bay a tax-appeal candidate?
Yes — 31427 Mallard Bay 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 Mallard Bay