1603 Park Avenue Ave
Park Rapids, MN 56470
3 bd 2 ba 1,967 sqft Built 1940 Lot 67,518 sqft single_family
Most recent sale
$234,000
Aug 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 29, 2022 | Sold | $234,000 | MLS #6226749 |
| Jul 14, 2022 | Price changed | $239,000 | MLS #6226749 |
| Jun 27, 2022 | Listed | $259,000 | MLS #6226749 |
| Oct 11, 2021 | Listing removed | $249,000 | GreaterLakes |
| Sep 21, 2021 | Price changed | $249,000 | MLS #6093038 |
| Aug 31, 2021 | Listed | $264,900 | MLS #20-34907 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $149,700 | $2,120 |
| 2019 | — | — | $131,700 | $1,878 |
| 2018 | — | — | $112,700 | $1,778 |
| 2017 | — | — | $109,300 | $1,652 |
| 2016 | — | — | $101,600 | $1,812 |
| 2015 | — | — | $114,800 | $1,686 |
| 2014 | — | — | $105,500 | $1,730 |
| 2013 | — | — | $108,100 | $1,642 |
| 2012 | — | — | $104,000 | $1,516 |
| 2011 | — | — | $105,100 | $1,684 |
| 2010 | $98,400 | $50,900 | $149,300 | $1,542 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,967 sqft
Lot size
67,518 sqft
ZIP code
56470
City
Park Rapids
Street
Park Avenue Ave
Coordinates
46.90702, -95.05939
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,404
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1603 Park Avenue Ave last sell?
1603 Park Avenue Ave most recently sold on Aug 29, 2022 for $234,000.
What is the current tax assessment for 1603 Park Avenue Ave?
The most recent total assessment for 1603 Park Avenue Ave (year 2020) is $149,700 with $2,120 in property tax.
How does 1603 Park Avenue Ave's assessment compare to its last sale price?
The current assessment is 36.0% below the last sale price of $234,000.
When was 1603 Park Avenue Ave built?
1603 Park Avenue Ave was built in 1940.
How does 1603 Park Avenue Ave compare to others on Park Avenue Ave?
We track 8 other properties on Park Avenue Ave. Browse the list under "Other properties on Park Avenue Ave" to compare beds, baths, and sale history.
What are the property facts for 1603 Park Avenue Ave?
1603 Park Avenue Ave is a 3 bed, 2 bath, 1,967 sqft, 67,518 sqft lot single_family.
Is 1603 Park Avenue Ave a flip candidate?
No — 1603 Park Avenue Ave does not appear in our flips dataset.
Is 1603 Park Avenue Ave a tax-appeal candidate?
No — 1603 Park Avenue Ave is not currently flagged as a tax-appeal candidate.
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 Park Avenue Ave