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1015 Sunset Loop

Park Rapids, MN 56470

3 bd 2 ba 1,410 sqft Built 2005 Lot 436 sqft condo
Most recent sale
$308,000
Aug 25, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2024 Sold $365,000 NorthstarMLS
Feb 23, 2024 Listed $365,000 NorthstarMLS
Aug 25, 2023 Sold $308,000 NorthstarMLS
May 8, 2023 Listed $339,900 NorthstarMLS
Jul 2, 2009 Sold $248,000 Public Record
Aug 17, 2007 Sold $251,000 GreaterLakes
Jan 19, 2007 Listed $259,000 GreaterLakes

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $204,800 $3,106
2021 $199,700 $3,012
2020 $198,400 $3,098
2019 $228,100 $3,596
2018 $222,600 $3,420
2017 $196,600 $3,016
2016 $177,300 $2,694
2015 $178,700 $2,722
2014 $191,600 $2,916
2013 $191,600 $2,864
2012 $191,300 $2,614
2011 $173,300 $51,600 $224,900 $2,656
2010 $175,200 $51,800 $227,000 $3,410

Property facts

Year built
2005
Property type
condo
Stories
1
Beds
3
Baths
2
Living area
1,410 sqft
Lot size
436 sqft
ZIP code
56470
City
Park Rapids
Street
Sunset Loop
Coordinates
46.93731, -95.05202

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
$2,115
Gross rental yield
8.24%
Implied cap rate
5.36%
Trend-extrapolated value

Frequently asked questions

When did 1015 Sunset Loop last sell?
1015 Sunset Loop most recently sold on Aug 25, 2023 for $308,000.
What is the current tax assessment for 1015 Sunset Loop?
The most recent total assessment for 1015 Sunset Loop (year 2022) is $204,800 with $3,106 in property tax.
How does 1015 Sunset Loop's assessment compare to its last sale price?
The current assessment is 33.5% below the last sale price of $308,000.
When was 1015 Sunset Loop built?
1015 Sunset Loop was built in 2005.
How does 1015 Sunset Loop compare to others on Sunset Loop?
We track 8 other properties on Sunset Loop. Browse the list under "Other properties on Sunset Loop" to compare beds, baths, and sale history.
What are the property facts for 1015 Sunset Loop?
1015 Sunset Loop is a 3 bed, 2 bath, 1,410 sqft, 436 sqft lot condo.
Is 1015 Sunset Loop a flip candidate?
No — 1015 Sunset Loop does not appear in our flips dataset.
Is 1015 Sunset Loop a tax-appeal candidate?
No — 1015 Sunset Loop 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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