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Single Family ResidenceResidential

716 Park Ave

PARK RAPIDS, MN 56470
2,178 ft²
Lot SizeThe size of the land the home sits on, from county records.
1966
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 196611 units883–1,054 ft²
$2M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$189K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$190
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-15.8%vs the Park Rapids ZIP median sale $/ft² ($226)

Sales Performance

$390K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
9.1%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+0.4%per yeartypical hold 8.1 yrsfrom 10 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20052008200920122018202020222026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20052008200920122018202020222026

21 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

1 bed
3 units
2 bed
2 units
3 bed
6 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
3 bd · 2 ba · 993 ft²
4 units
One-off layouts
7 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$168K–$189K
5 units
$198K–$198K
1 unit
$262K–$273K
2 units
$390K–$390K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.82%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.29%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.6.0 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.67%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.59%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$176,306
Median tax billThe middle annual property tax bill among the building's units.$3,554
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 6Jul 10, 2026$390,000Unit 11Mar 8, 2023$155,000Unit 8Sep 8, 2022$275,000Unit 12Aug 26, 2020$165,000Unit 5Jun 12, 2020$263,000Unit 9Sep 25, 2019$185,000Unit 15Sep 7, 2018$169,500Unit 10Jun 8, 2018$164,900Unit 12Jun 9, 2017$165,000Unit 15Aug 14, 2012$157,400

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.24 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyHUBBARD
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2005
Lot (acres)The size of the land the home sits on, from county records.0.05
RoofThe main material covering the roof, such as asphalt shingle or tile.Asbestos
HeatingThe type of heating system in the home.Convection
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.DeckSprinklers

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Park Rapids High SchoolC+
High · Grades 9–12 · 0.4 mi
E
Park Rapids Century Elementary SchoolB+
Elementary · Grades PK–4 · 0.7 mi
M
Park Rapids Century Middle SchoolD
Middle · Grades 5–8 · 0.7 mi

District: Park Rapids Public School District

Neighborhood · ZIP 56470These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.141
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.18

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.66%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.11,238
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.27 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,376
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$83,690
Average tempThe average temperature here across a full year.39°F
Annual precipHow much rain and melted snow falls here in a typical year.26 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

716 Park Ave N # 5
1 bd · 2 ba · 1,026 ft²
$273K
716 Park Ave N
1 bd · 2 ba · 1,054 ft²
$390K
716 Park Ave N
1 bd · 2 ba · 1,024 ft²
716 Park Ave N # 8
2 bd · 2 ba · 989 ft²
716 Park Ave N # 9
2 bd · 1 ba · 1,020 ft²
$175K
716 Park Ave N # 10
3 bd · 2 ba · 993 ft²
$171K
716 Park Ave N # 11
3 bd · 2 ba · 993 ft²
$186K
716 Park Ave N # 12
3 bd · 2 ba · 993 ft²
$189K
716 Park Ave N # 13
3 bd · 2 ba · 993 ft²
$198K
716 Park Ave N # 14
3 bd · 2 ba · 883 ft²
$262K
716 Park Ave N # 15
3 bd · 2 ba · 902 ft²
$168K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 716 Park Ave

How many units are in 716 Park Ave, Park Rapids, MN?

716 Park Ave, Park Rapids, MN has 11 residential units across built in 1966, according to county assessor records.

What is a unit at 716 Park Ave, Park Rapids, MN worth?

The median TopHap Estimate across the 11 units at 716 Park Ave, Park Rapids, MN is $189,061. That works out to $190 per square foot. Units run from 883 to 1,054 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 716 Park Ave, Park Rapids, MN expensive for Park Rapids?

Units at 716 Park Ave, Park Rapids, MN carry a median of $190 per square foot, 16% below the Park Rapids median of $226 per square foot.

How often do units sell at 716 Park Ave, Park Rapids, MN?

1 units at 716 Park Ave, Park Rapids, MN sold in the last 12 months, out of 21 recorded arms-length sales all time. That is a turnover rate of 9.1% of the building per year. The median sale over that period was $390K.

Have units at 716 Park Ave, Park Rapids, MN appreciated?

Across 10 repeat sales of the same unit, 716 Park Ave, Park Rapids, MN returned a median 0.4% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 8.1 years.

What floor plans does 716 Park Ave, Park Rapids, MN have?

The most common plan at 716 Park Ave, Park Rapids, MN is a 3-bedroom of 993 square feet, repeated 4 times, with a median estimate of $187,302. TopHap identifies 1 recurring plans in the building.

Closest homes

More homes in Park Rapids 56470

Assigned schools

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