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720 Trail Dr

Park Rapids, MN 56470

3 bd 3 ba 1,416 sqft Built 2005 Lot 65,340 sqft single_family
Most recent sale
$262,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $262,000 MLS #6213693
Jun 5, 2022 Listed $275,000 MLS #6213693
Jul 19, 2019 Sold $195,000 MLS #5241678
Feb 22, 2012 Sold $94,000 Public Record
Apr 19, 2011 Sold $94,000 MLS #4201977
Mar 30, 2011 Listed $99,995 MLS #4201977
Dec 16, 2010 Sold $52,200 MLS #4298371
Sep 15, 2010 Listed $54,000 MLS #4298371

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $151,100 $2,360
2019 $139,000 $2,114
2018 $118,300 $2,290
2017 $133,100 $1,754
2016 $108,800 $1,684
2015 $105,700 $1,616
2014 $100,600 $1,546
2013 $95,200 $1,534
2012 $96,200 $2,138
2011 $87,600 $24,900 $112,500 $1,534
2010 $85,500 $31,500 $117,000 $1,532

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,416 sqft
Lot size
65,340 sqft
ZIP code
56470
City
Park Rapids
Street
Trail Dr
Coordinates
46.93315, -95.05140

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,124
Gross rental yield
9.73%
Implied cap rate
6.32%
Trend-extrapolated value

Frequently asked questions

When did 720 Trail Dr last sell?
720 Trail Dr most recently sold on Jun 28, 2022 for $262,000.
What is the current tax assessment for 720 Trail Dr?
The most recent total assessment for 720 Trail Dr (year 2020) is $151,100 with $2,360 in property tax.
How does 720 Trail Dr's assessment compare to its last sale price?
The current assessment is 42.3% below the last sale price of $262,000.
When was 720 Trail Dr built?
720 Trail Dr was built in 2005.
How does 720 Trail Dr compare to others on Trail Dr?
We track 3 other properties on Trail Dr. Browse the list under "Other properties on Trail Dr" to compare beds, baths, and sale history.
What are the property facts for 720 Trail Dr?
720 Trail Dr is a 3 bed, 3 bath, 1,416 sqft, 65,340 sqft lot single_family.
Is 720 Trail Dr a flip candidate?
No — 720 Trail Dr does not appear in our flips dataset.
Is 720 Trail Dr a tax-appeal candidate?
No — 720 Trail 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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