$2,204,200
- Studio
1020 1st St E, Park Rapids, MN 56470
Currently Off Market - Sold May 24, 2023 for $2,832,500
Home Value
Trulia Estimate
$2.2MSince 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
| Month | Estimated 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
-- mins to
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
|
|---|
Year Built Year Built: 1979 |
Property Type / Style Property Type: Single Family Home |
|
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Lot Area: 1.95 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 24, 2023 Source: N/A | Sold | $2,832,500 |
Sep 22, 2021 Source: N/A | Sold | $1,625,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $42,430 | $1,474,500 |
Home facts updated by county records
Market trends in Park Rapids
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
86
2MoM
Around this home
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.
LGBTQ Local Legal Protections
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.