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Single Family ResidenceResidential
Last sold for $53,000 on May 30, 2018

505 LAKE AVE

PARK RAPIDS, MN 56470
3
Beds
2
Baths
1,282 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.32 ac
Lot SizeThe size of the land the home sits on, from county records.
1912
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$53,000 · May 30, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,934 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$141,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$18,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$123,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$130,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$141,600

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.9 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.1965
Lot (acres)The size of the land the home sits on, from county records.0.32
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Radiant
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.Shed · 48 ft²Patio · 100 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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 · 0.1 mi
E
Park Rapids Century Elementary SchoolB
Elementary · Grades PK–4 · 0.5 mi
M
Park Rapids Century Middle SchoolC
Middle · Grades 5–8 · 0.5 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%

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

How this home compares

505 Lake Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Has a smaller lot than 88% of homes in Hubbard County
  • Older than 97% of homes in Hubbard County

How it measures up in Park Rapids 56470

The dot is this home. The mark in the middle is the typical home in Park Rapids 56470.

Living area1,282 ft²
SmallerTypical 1,256 ft²Bigger

Bigger than 52% of homes nearby

Lot size0.32 ac
SmallerTypical 1.38 acBigger

Bigger than 16% of homes nearby

Year built1912
OlderTypical 1980Newer

Newer than 4% of homes nearby

How 505 Lake Ave ranks against every home in each area.
MeasureThis homePark Rapids 56470Hubbard County
Living areabigger than1,282 ft²52% of homes54% of homes
Lot sizebigger than0.32 ac16% of homes12% of homes
Year builtnewer than19124% of homes3% of homes

About 505 Lake Ave

When did 505 Lake Ave, Park Rapids, MN last sell?

505 Lake Ave, Park Rapids, MN last sold on May 30, 2018 for $53,000, according to the county's recorded deed.

How big is 505 Lake Ave, Park Rapids, MN?

505 Lake Ave, Park Rapids, MN has 3 bedrooms, 2 bathrooms, 1,282 square feet of living space and a 0.32-acre lot.

When was 505 Lake Ave, Park Rapids, MN built?

505 Lake Ave, Park Rapids, MN was built in 1912, making it 114 years old. The building has 1 story.

What schools serve 505 Lake Ave, Park Rapids, MN?

505 Lake Ave, Park Rapids, MN is assigned to Park Rapids High School (high), rated C; Park Rapids Century Elementary School (elementary), rated B; Park Rapids Century Middle School (middle), rated C. All sit in Park Rapids Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 Lake Ave, Park Rapids, MN compare to other homes in Park Rapids 56470?

Among the 8,737 homes in Park Rapids 56470, it is bigger than 52% of them (1,282 ft² against a typical 1,256 ft²), its lot is bigger than 16% of them (0.32 ac against a typical 1.38 ac) and it is newer than 4% of them (1912 against a typical 1980). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 505 Lake Ave, Park Rapids, MN?

The 2025 property tax bill for 505 Lake Ave, Park Rapids, MN was $1,934. The county assessed it at $141,600.

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