1020 1st St E, Park Rapids, MN 56470
OFF MARKET

$2,204,200

Trulia Estimate
  • Studio

1020 1st St E, Park Rapids, MN 56470

Currently Off Market - Sold May 24, 2023 for $2,832,500

Home Value

Trulia Estimate
$2.2M
Since last month
Decreased$101K (-4.4%)
Since last year
Decreased$270K (-10.9%)
Since last sale
Decreased$628K (-22.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -22% in the last 10 years
MonthEstimated value
2026
August 2026$2.2M
July 2026$2.31M
June 2026$2.2M
May 2026$1.98M
April 2026$2.12M
March 2026$2.15M
February 2026$2.2M
January 2026$1.77M
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.16
Single-Family Home
$295,000
06/12/26
4
3
2,808
0.25
Single-Family Home
$315,000
09/12/25
3
2.5
2,944
0.18
Single-Family Home
$235,000
07/17/26
3
1
1,104
0.18
Single-Family Home
$201,000
10/08/25
3
1
1,248
0.13
Single-Family Home
$255,000
06/03/26
3
2
1,454
0.32
Single-Family Home
$295,000
03/27/26
3
2
2,447
0.24
Single-Family Home
$319,900
02/13/26
3
2
1,866
0.32
Single-Family Home
$215,000
04/10/26
3
1
1,152
0.34
Single-Family Home
$180,000
06/25/26
2
1
1,363
0.37
Single-Family Home
$149,900
09/29/25
3
1
1,500

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.09
$184,100
2
1
1,017
Off Market
0.13
$349,800
3
3
1,775
For Sale
0.16
$295,000
4
3
2,808
Recently Sold
0.16
$238,000
5
3
1,782
Off Market
0.17
-
-
-
-
Off Market
0.18
-
-
-
-
Off Market
0.18
$235,000
3
1
1,104
Recently Sold
0.21
$320,800
4
2
2,458
Off Market
0.21
$296,100
2
2
2,288
Off Market
0.20
$22,900
-
-
-
For Sale
0.24
$212,400
2
2
1,232
Off Market
0.22
$24,000
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 1020 1st St E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1979
Lot Size
1.95 acres

About this House

This single-family home is located at 1020 1st St E, Park Rapids, MN. 1020 1st St E is in Park Rapids, MN and in ZIP code 56470. This property has a lot size of 1.95 acres and was built in 1979.
1020 1st St E, Park Rapids, MN 56470 is a studio single-family home built in 1979. It last sold for $2,832,500 on May 24, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,204,200, with a rent estimate of $1,712/month.

Home Details for 1020 1st St E

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1.95 acres

Price and Tax history

DateEventPrice
May 24, 2023
Source: N/A
Sold
$2,832,500
Sep 22, 2021
Source: N/A
Sold
$1,625,000

Market trends in Park Rapids

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
86
2
MoM

What Locals Say about Park Rapids

At least 16 Trulia users voted on each feature.
  • 94 % Say car is needed

  • 91 % Say it's dog friendly

  • 91 % Say yards are well-kept

  • 81 % Say there's holiday spirit

  • 79 % Say kids play outside

  • 76 % Say parking is easy

  • 69 % Say people would walk alone at night

  • 60 % Say streets are well-lit

  • 60 % Say it's quiet

  • 60 % Say they plan to stay for at least 5 years

  • 56 % Say it's walkable to grocery stores

  • 55 % Say neighbors are friendly

  • 54 % Say there's wildlife

  • 40 % Say it's walkable to restaurants

  • 38 % Say there are sidewalks

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Alyssa W.
    "There are endless areas to walk your dogs. But you need to keep an eye on them due to all the wildlife in the area"
  • Debraesharkey
    "We are rural, by the only totally spring fed lake in Hubbard County. We hear the wind in the trees, see the deer drinking out of the lake and Eagles flying above. Friendly, safe, peaceful ."
  • Debraesharkey
    "Park Rapids was voted one of 50 small towns voted most desirable in US. Good education available, safe community. Your children can play outside !!!!🤗"
  • matthew van riesen
    "Quiet, newer residential area of town. 1 mile walk to mainstreet, 4 blocks from hospital, 1 mile from area school"

LGBTQ Local Legal Protections

Frequently asked questions about 1020 1st St E

  • What is 1020 1st St E estimated to be worth?
    Trulia's estimated value for 1020 1st St E in Park Rapids, MN is $2,204,200.
  • What is the price history for 1020 1st St E?
    1020 1st St E in Park Rapids, MN last sold for $2,832,500 in May 2023.
  • Is Park Rapids a buyer's or seller's market?
    Park Rapids is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Park Rapids?
    Residents describe Park Rapids, MN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Park Rapids, MN.
  • How big is the lot at 1020 1st St E?
    The lot at 1020 1st St E in Park Rapids, MN is about 2 acres.

Apartments for Rent

Off Market Homes Near 1020 1st St E

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