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511 Park Avenue Ave

Park Rapids, MN 56470

3 bd 1 ba 900 sqft Built 1902 Lot 6,970 sqft single_family
Most recent sale
$39,900
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $39,900 MLS #6222048
Jun 17, 2022 Listed $39,900 MLS #6222048
Mar 8, 2017 Sold $12,000 MLS #4791800
Feb 2, 2017 Listed $15,000 MLS #4791800
Jun 13, 2016 Listing removed $39,750 NorthstarMLS
Jun 12, 2016 Listing removed $39,750 GreaterLakes
Mar 16, 2016 Relisted $39,750 MLS #4673147
Mar 15, 2016 Listing removed $39,750 GreaterLakes
Jan 21, 2016 Listed $39,750 MLS #4673147
Feb 26, 2015 Listing removed $37,500 GreaterLakes
Dec 1, 2014 Relisted $37,500 MLS #4521287
Nov 27, 2014 Listing removed $37,500 NorthstarMLS
Nov 26, 2014 Listing removed $37,500 GreaterLakes
Nov 12, 2014 Price changed $37,500 MLS #4521287
Aug 26, 2014 Listed $37,500 MLS #4521287

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $124,100 $14,900 $139,000 $1,934
2023 $39,300 $13,500 $52,800 $854
2022 $23,100 $13,500 $36,600 $682
2021 $17,600 $15,000 $32,600 $616
2020 $17,600 $15,000 $32,600 $604
2019 $15,900 $15,000 $30,900 $600
2018 $15,800 $13,700 $29,500 $558
2017 $14,700 $13,100 $27,800 $896
2016 $15,000 $13,100 $28,100 $1,132
2015 $16,600 $14,200 $30,800 $946
2014 $16,000 $14,200 $30,200 $1,176
2013 $16,100 $16,600 $32,700 $990
2012 $15,800 $16,600 $32,400 $940
2011 $14,300 $16,600 $30,900 $916
2010 $12,700 $17,700 $30,400 $980

Property facts

Year built
1902
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
900 sqft
Lot size
6,970 sqft
ZIP code
56470
City
Park Rapids
Street
Park Avenue Ave
Coordinates
46.92766, -95.05898

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$239
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 511 Park Avenue Ave last sell?
511 Park Avenue Ave most recently sold on Jul 15, 2022 for $39,900.
What is the current tax assessment for 511 Park Avenue Ave?
The most recent total assessment for 511 Park Avenue Ave (year 2025) is $139,000 with $1,934 in property tax.
How does 511 Park Avenue Ave's assessment compare to its last sale price?
The current assessment is 248.4% above the last sale price of $39,900.
When was 511 Park Avenue Ave built?
511 Park Avenue Ave was built in 1902.
How does 511 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 511 Park Avenue Ave?
511 Park Avenue Ave is a 3 bed, 1 bath, 900 sqft, 6,970 sqft lot single_family.
Is 511 Park Avenue Ave a flip candidate?
No — 511 Park Avenue Ave does not appear in our flips dataset.
Is 511 Park Avenue Ave a tax-appeal candidate?
Yes — 511 Park Avenue Ave 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 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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