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702 River Dr

Park Rapids, MN 56470

3 bd 2 ba 1,536 sqft Built 1982 Lot 23,958 sqft single_family
Most recent sale
$159,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $159,000 MLS #6176372
Apr 26, 2022 Listed $159,000 MLS #6176372
May 21, 2013 Listing removed $129,900 GreaterLakes
Dec 16, 2012 Listing removed $129,900 NorthstarMLS
May 31, 2012 Listed $129,900 MLS #4158262

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $122,100 $17,600 $139,700 $2,156
2021 $106,500 $19,700 $126,200 $1,946
2020 $105,500 $19,700 $125,200 $1,996
2019 $93,400 $17,900 $111,300 $1,826
2018 $98,600 $18,900 $117,500 $1,866
2017 $94,700 $18,900 $113,600 $1,792
2016 $92,300 $18,900 $111,200 $1,730
2015 $85,700 $18,900 $104,600 $1,640
2014 $75,400 $22,000 $97,400 $1,542
2013 $41,200 $22,000 $63,200 $1,032
2012 $26,000 $22,000 $48,000 $754
2011 $38,700 $26,900 $65,600 $658
2010 $45,300 $28,900 $74,200 $674

Property facts

Year built
1982
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,536 sqft
Lot size
23,958 sqft
ZIP code
56470
City
Park Rapids
Street
River Dr
Coordinates
46.93086, -95.04863

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
$954
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 702 River Dr last sell?
702 River Dr most recently sold on Jun 24, 2022 for $159,000.
What is the current tax assessment for 702 River Dr?
The most recent total assessment for 702 River Dr (year 2022) is $139,700 with $2,156 in property tax.
How does 702 River Dr's assessment compare to its last sale price?
The current assessment is 12.1% below the last sale price of $159,000.
When was 702 River Dr built?
702 River Dr was built in 1982.
How does 702 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 702 River Dr?
702 River Dr is a 3 bed, 2 bath, 1,536 sqft, 23,958 sqft lot single_family.
Is 702 River Dr a flip candidate?
No — 702 River Dr does not appear in our flips dataset.
Is 702 River Dr a tax-appeal candidate?
No — 702 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
-4.5%
Implied 1-yr
-17.9%
2026 Q3
$206.7K
2026 Q4
$193.7K
ZIP 56470 — Median Price History + Forecast

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