16811 State 87
Park Rapids, MN 56470
3 bd 2 ba 1,610 sqft Built 2018 Lot 131,551 sqft single_family
Most recent sale
$329,900
Dec 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 15, 2022 | Sold | $329,900 | NorthstarMLS |
| Nov 21, 2022 | Relisted | $329,900 | NorthstarMLS |
| Nov 8, 2022 | Listing removed | — | NorthstarMLS |
| Nov 2, 2022 | Price changed | $329,900 | NorthstarMLS |
| Oct 24, 2022 | Price changed | $349,900 | NorthstarMLS |
| Oct 11, 2022 | Listed | $369,900 | NorthstarMLS |
| Jun 3, 2021 | Sold | $277,500 | GreaterLakes |
| Apr 8, 2021 | Relisted | $264,500 | GreaterLakes |
| Apr 7, 2021 | Listing removed | $264,500 | GreaterLakes |
| Apr 5, 2021 | Listed | $264,500 | GreaterLakes |
| Aug 24, 2017 | Sold | $21,000 | NorthstarMLS |
| Jun 21, 2017 | Listed | $24,900 | NorthstarMLS |
| Nov 9, 2015 | Listing removed | $19,900 | NorthstarMLS |
| May 8, 2015 | Listed | $19,900 | NorthstarMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $165,300 | $1,504 |
| 2021 | — | — | $156,700 | $1,402 |
| 2020 | $160,500 | $29,500 | $190,000 | $1,666 |
| 2019 | — | $19,700 | $19,700 | $152 |
| 2018 | — | $18,100 | $18,100 | $142 |
| 2017 | — | $18,100 | $18,100 | $140 |
| 2016 | — | $23,300 | $23,300 | $180 |
| 2015 | — | $22,500 | $22,500 | $174 |
| 2014 | — | $22,800 | $22,800 | $176 |
| 2013 | — | $24,000 | $24,000 | $182 |
| 2012 | — | $26,000 | $26,000 | $186 |
| 2011 | — | $26,300 | $26,300 | $170 |
| 2010 | — | $27,900 | $27,900 | $172 |
Property facts
Year built
2018
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,610 sqft
Lot size
131,551 sqft
ZIP code
56470
City
Park Rapids
Street
State 87
Coordinates
46.85046, -95.01868
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,415
Gross rental yield
8.78%
Implied cap rate
5.71%
Trend-extrapolated value
—
Frequently asked questions
When did 16811 State 87 last sell?
16811 State 87 most recently sold on Dec 15, 2022 for $329,900.
What is the current tax assessment for 16811 State 87?
The most recent total assessment for 16811 State 87 (year 2022) is $165,300 with $1,504 in property tax.
How does 16811 State 87's assessment compare to its last sale price?
The current assessment is 49.9% below the last sale price of $329,900.
When was 16811 State 87 built?
16811 State 87 was built in 2018.
How does 16811 State 87 compare to others on State 87?
We track 8 other properties on State 87. Browse the list under "Other properties on State 87" to compare beds, baths, and sale history.
What are the property facts for 16811 State 87?
16811 State 87 is a 3 bed, 2 bath, 1,610 sqft, 131,551 sqft lot single_family.
Is 16811 State 87 a flip candidate?
No — 16811 State 87 does not appear in our flips dataset.
Is 16811 State 87 a tax-appeal candidate?
No — 16811 State 87 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 State 87