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708 Park Avenue North

708 Park Avenue North, Park Rapids, MN 56470
Property in Park Rapids
Sold Jul 07, 2021
$1,000
$190,000 by Northwoods Bank Of Minnesota
Mortgage Due Dec 11, 2036
Sold Sep 20, 2016
$100,000
708 Park Avenue North has been categorized by the local assessors in Park Rapids, MN as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 708 Park Avenue North has 1,278 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 850 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 8,276 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a flat style roof made of gravel/rock. The exterior walls of the building are made of wood siding. While the interior walls have been made of wood. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a radiant heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 30, 2021 for $1,000. That's $0.78 per sqft. Prior to that sales transaction, the property was also sold in Sep 19, 2016 for $100,000. 708 Park Avenue North was last assessed in 2022. The total value of the property was assessed at $233,200. Specifically, the land the property is located on was valued at $70,100. While improvements on the property were assessed at a total of $163,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,132. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Wood
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,278
  • Gross Building Area: 1,614
  • Building Area: 1,278
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Radiant
  • Heated Square Feet: 1,278
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUDITOR'S PLAT #3
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .19 AC PRC AUDITOR'S PLAT THREE THAT PART OF LOT 3 IN SE COR IN BLK 2

Ownership

  • Current Owner : ALAN J & KH ZEMEK FT
  • Previous Owner : ZEMEK JOSEPH A
  • Owner Before Previous Owner: COONEY MARY M
  • Owner Before Previous Owner 2: BOSTAD GARY L
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Park Rapids Public School District
  • School Tax School District: SD 309
  • Census Tract: 070500

Geography

  • Assessors Map Reference: MB 32525
  • Account Number: 58905
  • District: 3201
  • Parcel: 32.52.52000
  • Block: 2
  • Lot: 3
  • Municipality: PARK RAPIDS CITY
  • Latitude: 46.9301
  • Longitude: -95.0568

    Address

  • Full Address: 708 Park Ave N
  • Address - House Number: 708
  • Street Segment Direction: N
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Park Rapids
  • Zip Code: 56470

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,132

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 68
  • Final Value: 293,777
  • High Value: 361,161
  • Low Value: 226,394

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: NORTHWOODS BANK OF MINNESOTA
  • First Open Lien Mortgage Recording Date: Dec 16, 2021
  • First Open Lien Mortgage Loan Amount: $190,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 11, 2036

    Market Valuation

  • Market Total Value: $233,200
  • Market Land Value: $70,100
  • Market Improvement Value: $163,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $233,200
  • Assessed Land Value: $70,100
  • Assessed Improvements Value: $163,100

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Transaction ID: 11843478879
  • Current Sale Price: $1,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A000417862
  • Previous Sale Recording Date: Sep 20, 2016
  • Previous Sale Contract Date: Sep 19, 2016
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Quit Claim Deed

About Park Rapids



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Frequently Asked Questions

What neighborhood is 708 Park Avenue North located in?
The 708 Park Avenue North is a located in the neighborhood of Park Rapids in Park Rapids, Park Rapids.
What is the average sales price for listings in 708 Park Avenue North?
The average sales price for units in 708 Park Avenue North is $0 currently.

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