716 Park Avenue Ave
Park Rapids, MN 56470
2 bd 2 ba 1,971 sqft Built 2005 Lot 13,068 sqft condos
Most recent sale
$275,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $275,000 | MLS #6216475 |
| Jun 15, 2022 | Relisted | $285,000 | MLS #6216475 |
| Jun 10, 2022 | Listed | $285,000 | MLS #6217684 |
| Jun 9, 2022 | Listed | $285,000 | MLS #6216475 |
| Sep 16, 2005 | Sold | $217,500 | MLS #135742 |
| Mar 24, 2005 | Listed | $229,000 | MLS #135742 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $149,700 | $49,800 | $199,500 | $3,050 |
| 2021 | $151,300 | $50,000 | $201,300 | $3,044 |
| 2020 | $151,300 | $50,000 | $201,300 | $3,128 |
| 2018 | $136,700 | $44,600 | $181,300 | $2,802 |
| 2017 | $136,700 | $44,600 | $181,300 | $2,900 |
| 2016 | $135,200 | $53,700 | $188,900 | $2,802 |
| 2015 | $131,300 | $53,700 | $185,000 | $2,644 |
| 2014 | $125,900 | $47,800 | $173,700 | $2,576 |
| 2013 | $117,500 | $51,000 | $168,500 | $2,474 |
| 2012 | $118,400 | $48,300 | $166,700 | $2,386 |
| 2011 | $115,800 | $55,900 | $171,700 | $2,182 |
| 2010 | $117,100 | $54,500 | $171,600 | $1,998 |
Property facts
Year built
2005
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,971 sqft
Lot size
13,068 sqft
ZIP code
56470
City
Park Rapids
Street
Park Avenue Ave
Coordinates
46.93055, -95.05806
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,957
Gross rental yield
12.90%
Implied cap rate
8.39%
Trend-extrapolated value
—
Frequently asked questions
When did 716 Park Avenue Ave last sell?
716 Park Avenue Ave most recently sold on Aug 26, 2022 for $275,000.
What is the current tax assessment for 716 Park Avenue Ave?
The most recent total assessment for 716 Park Avenue Ave (year 2022) is $199,500 with $3,050 in property tax.
How does 716 Park Avenue Ave's assessment compare to its last sale price?
The current assessment is 27.5% below the last sale price of $275,000.
When was 716 Park Avenue Ave built?
716 Park Avenue Ave was built in 2005.
How does 716 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 716 Park Avenue Ave?
716 Park Avenue Ave is a 2 bed, 2 bath, 1,971 sqft, 13,068 sqft lot condos.
Is 716 Park Avenue Ave a flip candidate?
No — 716 Park Avenue Ave does not appear in our flips dataset.
Is 716 Park Avenue Ave a tax-appeal candidate?
No — 716 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