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409 Park Avenue Ave

Park Rapids, MN 56470

2 bd 1 ba 912 sqft Built 1951 Lot 6,534 sqft single_family
Most recent sale
$116,519
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 8, 2022 Sold $116,519 Public Record
Jun 1, 2022 Sold $115,000 MLS #6145181
Feb 3, 2022 Listed $109,900 MLS #6145181
Jan 24, 2022 Listed $109,900 MLS #6145181
Dec 18, 2015 Sold $60,000 MLS #4602125
Dec 2, 2015 Relisted $69,900 MLS #4602125
Nov 18, 2015 Listing removed $69,900 GreaterLakes
Aug 20, 2015 Price changed $69,900 MLS #4602125
Jun 17, 2015 Price changed $74,900 MLS #4602125
May 22, 2015 Listed $69,900 MLS #4602125
May 9, 2007 Sold $92,500 Public Record
Apr 17, 2003 Listing removed $69,900 NorthwestMinnesotaAOR
Apr 17, 2002 Listed $69,900 MLS #02-495

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $94,169 $1,404
2023 $74,376 $1,142
2022 $65,600 $13,300 $78,900 $2,066
2021 $57,500 $14,700 $72,200 $1,448
2020 $51,200 $14,700 $65,900 $1,402
2019 $50,600 $13,400 $64,000 $1,408
2018 $49,800 $12,800 $62,600 $1,368
2017 $50,400 $12,800 $63,200 $1,378
2016 $38,000 $1,048
2015 $36,600 $1,040
2014 $38,000 $1,076
2013 $37,100 $1,062
2012 $34,200 $976
2011 $41,000 $17,300 $58,300 $984
2010 $55,200 $19,300 $74,500 $1,074

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
912 sqft
Lot size
6,534 sqft
ZIP code
56470
City
Park Rapids
Street
Park Avenue Ave
Coordinates
46.92651, -95.05895

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,368
Gross rental yield
14.09%
Implied cap rate
9.16%
Trend-extrapolated value

Frequently asked questions

When did 409 Park Avenue Ave last sell?
409 Park Avenue Ave most recently sold on Jun 8, 2022 for $116,519.
What is the current tax assessment for 409 Park Avenue Ave?
The most recent total assessment for 409 Park Avenue Ave (year 2025) is $94,169 with $1,404 in property tax.
How does 409 Park Avenue Ave's assessment compare to its last sale price?
The current assessment is 19.2% below the last sale price of $116,519.
When was 409 Park Avenue Ave built?
409 Park Avenue Ave was built in 1951.
How does 409 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 409 Park Avenue Ave?
409 Park Avenue Ave is a 2 bed, 1 bath, 912 sqft, 6,534 sqft lot single_family.
Is 409 Park Avenue Ave a flip candidate?
No — 409 Park Avenue Ave does not appear in our flips dataset.
Is 409 Park Avenue Ave a tax-appeal candidate?
No — 409 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 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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