2 months on rocket

1401 Park Ave S, Park Rapids, MN, 56470

$98,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #6490524
StatusActive

About 1401 Park Ave S

COMMERCIAL LOT OR INVESTMENT OPPORTUNITY: Great location for your new or existing business! Property boasts easy access and great exposure off Hwy 71 in Park Rapids. B-1 Highway Business District.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX LAKES REGION

School Info

Assigned Schools Information:

  • Park Rapids Senior High School, Public District Grades 9-12
  • Park Rapids Area Century Middle School, Public District Grades 5-8
  • Park Rapids Area Century Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Hwy 34 in Park Rapids head S on Hwy 71, .9 miles property is on west side in between Faithbridge Church and Northway Insurance. Look for signs.

Price Information

Listing Price Info

Price Summary:

  • List Price: $98,000

Tax Information:

  • Annual Amount: $1,232
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Park Rapids, MN.

Med. Sold Price

$296.4K

Med. Price/SqFt

$177

Avg. Days On Market

42

# of Sold Homes

10

1401 Park Ave S vs Park Rapids

75 DAYS ON ROCKET

+33 Days

$98,000

-$198.4K Less

KEY TAKEAWAY

This property is $198.4K less than the Median Sold Price in Park Rapids, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6490524

Listing Office:

  • Office Name: RE/MAX LAKES REGION

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Property Sales & Tax

Listing History

Aug 11, 2009Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,232$26,300
2019$1,382$31,600
2018$690$31,600

History based on county public records data.

Payment Calculator

$557

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$360

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4809574
7
/10
  • Park Rapids Area Century Elementary School

  • 501 Helten Ave

  • 1.22 miles

  • Public District Grades PK-4

Middle School

school-card-donut-4809575
3
/10
  • Park Rapids Area Century Middle School

  • 501 Helten Ave

  • 1.22 miles

  • Public District Grades 5-8

High School

school-card-donut-4809576
4
/10
  • Park Rapids Senior High School

  • 401 Huntsinger Ave

  • 1.16 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,764. The majority of Park Rapids, MN residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1401 Park Ave S

What is the listing price of this property?

The listing price of 1401 Park Ave S property is $98,000.

What type of property is this?

The property 1401 Park Ave S is land located in Park Rapids, Minnesota, 56470.

Is this property for sale now?

Active Listing: 1401 Park Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1401 Park Ave S are:
Park Rapids Area Century Elementary School: GreatSchools Rating 7/10
Park Rapids Area Century Middle School: GreatSchools Rating 3/10
Park Rapids Senior High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,232 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 11, 2009 for $150,000. (source: MLS/tax record).
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Rocket HomesMinnesotaHubbard CountyPark Rapids564701401 Park Ave S

This home is located at 1401 Park Ave S in Park Rapids, MN and zip code 56470. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $98,000.

While more than 3 listings in Park Rapids, MN in April 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 4 were sold below. The number of homes for sale in Park Rapids, MN increased by 14.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $296,450, while the average time on the real estate market was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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