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306 River Dr

Park Rapids, MN 56470

1 bd 1 ba 1,076 sqft Built 1927 Lot 9,583 sqft single_family
Most recent sale
$247,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $247,000 Public Record
Jul 20, 2022 Price changed $269,900 MLS #6222779
Jun 20, 2022 Listed $299,900 MLS #6222779
May 28, 2015 Sold $118,000 MLS #4515680
Oct 3, 2014 Sold $118,000 MLS #4515680
Aug 11, 2014 Price changed $119,500 MLS #4515680
Aug 8, 2014 Listed $119,500 MLS #4515680
Jan 1, 2014 Listing removed $137,000 DetroitLakes
Oct 11, 2013 Price changed $137,000 MLS #49-527
Aug 14, 2013 Price changed $142,900 MLS #49-527
Jul 29, 2013 Price changed $149,500 MLS #49-527
Jun 18, 2013 Listed $167,500 MLS #49-527
Jul 24, 2011 Sold $112,500 MLS #4201467
Mar 11, 2011 Listed $139,000 MLS #4201467
Feb 22, 2008 Sold $112,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $157,700 $65,700 $223,400 $3,064
2023 $169,200 $59,100 $228,300 $3,070
2022 $89,500 $51,500 $141,000 $2,180
2021 $90,900 $51,500 $142,400 $2,174
2020 $90,900 $51,500 $142,400 $2,294
2019 $96,100 $49,500 $145,600 $2,240
2018 $94,400 $46,500 $140,900 $2,224
2017 $97,200 $46,500 $143,700 $2,426
2016 $90,500 $67,400 $157,900 $2,350
2015 $87,700 $67,400 $155,100 $2,120
2014 $79,500 $59,600 $139,100 $1,834
2013 $112,400 $1,714
2012 $109,100 $1,744
2011 $123,000 $1,634
2010 $72,900 $72,600 $145,500 $1,552

Property facts

Year built
1927
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
1,076 sqft
Lot size
9,583 sqft
ZIP code
56470
City
Park Rapids
Street
River Dr
Coordinates
46.93720, -95.05984

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,614
Gross rental yield
7.84%
Implied cap rate
5.10%
Trend-extrapolated value

Frequently asked questions

When did 306 River Dr last sell?
306 River Dr most recently sold on Sep 16, 2022 for $247,000.
What is the current tax assessment for 306 River Dr?
The most recent total assessment for 306 River Dr (year 2025) is $223,400 with $3,064 in property tax.
How does 306 River Dr's assessment compare to its last sale price?
The current assessment is 9.6% below the last sale price of $247,000.
When was 306 River Dr built?
306 River Dr was built in 1927.
How does 306 River Dr compare to others on River Dr?
We track 8 other properties on River Dr. Browse the list under "Other properties on River Dr" to compare beds, baths, and sale history.
What are the property facts for 306 River Dr?
306 River Dr is a 1 bed, 1 bath, 1,076 sqft, 9,583 sqft lot single_family.
Is 306 River Dr a flip candidate?
No — 306 River Dr does not appear in our flips dataset.
Is 306 River Dr a tax-appeal candidate?
No — 306 River Dr 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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