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507 2nd Street West

507 2nd Street West, Park Rapids, MN 56470
Property in Park Rapids
Sold Aug 13, 2014
$108,000
$108,000
Mortgage
507 2nd Street West in Park Rapids, MN was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 507 2nd Street West has 976 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 166 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 10,454 square feet.

Learn more about the property and building on this page. There is a patio. The home has a hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 856 sqft. There are a total of 3 available parking spaces. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 507 2nd Street West was last sold in Aug 13, 2014 for $108,000. According to our calculations, that's $110.66 per sqft. Current property owners are expected to pay $200 in taxes per year. The property on 507 2nd Street West was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $149,800. To break that down further, the land itself was valued at $14,800. While improvements to the property were assessed at a total of $135,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1990
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 166
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 856
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 976
  • Gross Building Area: 1,312
  • Building Area: 976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 976
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAEBER'S ADD
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .24 AC PRC GRAEBER'S ADD LOT 11 & W25 OF LOT 12 BLK 1

Ownership

  • Current Owner : BURKMAN STANLEY STANLEY
  • Previous Owner : WITT VICKI VICKI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Park Rapids Public School District
  • School Tax School District: SD 309
  • Census Tract: 070600

Geography

  • Account Number: 48929
  • District: 3201
  • Parcel: 32.55.01000
  • Block: 1
  • Lot: 11,12
  • Municipality: PARK RAPIDS CITY
  • Latitude: 46.9212
  • Longitude: -95.0654

    Address

  • Full Address: 507 2nd St W
  • Address - House Number: 507
  • Street Segment Direction: W
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: MN
  • City Name: Park Rapids
  • Carrier Code: C001
  • 4-Digit Zip Code: 1317
  • Zip Code: 56470

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $200

    Appraisal Valuation

  • Standard Deviation: 0.1457
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 70
  • Final Value: 142,927
  • High Value: 163,760
  • Low Value: 122,093

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,000
  • First Open Lien Mortgage Recording Date: Aug 13, 2014
  • First Open Lien Mortgage Loan Amount: $108,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $149,800
  • Market Land Value: $14,800
  • Market Improvement Value: $135,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $149,800
  • Assessed Land Value: $14,800
  • Assessed Improvements Value: $135,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2014
  • Current Sale Recording Date: Aug 13, 2014
  • Current Sale Transaction ID: 11551412738
  • Current Sale Price: $108,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 249565

    Last Sale Mortgage

  • First Mortgage Transaction Date: Aug 13, 2014
  • First Mortgage Loan Amount: $108,000

About Park Rapids



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Frequently Asked Questions

What neighborhood is 507 2nd Street West located in?
The 507 2nd Street West is a located in the neighborhood of Park Rapids in Park Rapids, Park Rapids.
What is the average sales price for listings in 507 2nd Street West?
The average sales price for units in 507 2nd Street West is $0 currently.

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