605 1st Street East

605 1st Street East in Park Rapids, MN was first built in 1960 and is 64 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. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 605 1st Street East has 1,490 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. In total, the area measurement of the land is 14,810 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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, 605 1st Street East was last sold in May 19, 2023 for $500,000. According to our calculations, that's $335.57 per sqft. Prior to that sales transaction, the property was sold for $500,000 in May 19, 2023. Current property owners are expected to pay $4,848 in taxes per year. The property on 605 1st Street East was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $233,300. To break that down further, the land itself was valued at $62,700. While improvements to the property were assessed at a total of $170,600. 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. 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!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.