500 1st St E, Park Rapids, MN 56470
OFF MARKET

$271,100

Trulia Estimate
  • Studio
  • 6,664 sqft (on 0.40 acres)

500 1st St E, Park Rapids, MN 56470

Est. Refi. Payment $1,708/mo*
Refinance Your Home

Home Value

Trulia Estimate
$271K
Since last month
Decreased$24K (-8%)
Since last year
Decreased$53K (-16.5%)
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 -36% in the last 10 years
MonthEstimated value
2026
September 2026$271K
August 2026$295K
July 2026$279K
June 2026$289K
May 2026$270K
April 2026$275K
March 2026$261K
February 2026$279K
January 2026$303K
2025
2024
2022
2021

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
809 Pine St, Park Rapids, MN
0.34
Single-Family Home
$295,000
03/27/26
3
2
2,447
107 Grove Ave N, Park Rapids, MN
0.09
Single-Family Home
$170,000
03/31/26
3
1.5
1,728
203 Riverside Ave, Park Rapids, MN
0.14
Single-Family Home
$175,000
06/12/26
3
1.5
1,162
300 Central Ave S, Park Rapids, MN
0.24
Single-Family Home
$190,000
04/30/26
3
1.5
1,020
605 1st St E, Park Rapids, MN
0.08
Single-Family Home
$700,000
01/07/26
2
2
-
803 Pine St, Park Rapids, MN
0.29
Single-Family Home
$149,900
09/29/25
3
1
1,500
707 Bridge St, Park Rapids, MN
0.23
Single-Family Home
$160,000
05/04/26
2
1
1,340
201 Riverside Ave, Park Rapids, MN
0.13
Single-Family Home
$62,000
01/23/26
4
1
1,406
211 Main Ave N, Park Rapids, MN
0.45
Single-Family Home
$279,000
09/03/26
3
2.5
1,502
301 Eastern Ave S, Park Rapids, MN
0.44
Single-Family Home
$201,000
10/08/25
3
1
1,248

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
112 Riverside Ave, Park Rapids, MN 56470
0.10
$325,000
2
2
1,126
Off Market
107 Grove Ave N, Park Rapids, MN 56470
0.09
$170,000
3
1.5
1,728
Recently Sold
115 Riverside Ave, Park Rapids, MN 56470
0.13
$182,600
3
1
1,868
Off Market
611 2nd St E, Park Rapids, MN 56470
0.10
$192,800
4
2
1,456
Off Market
201 Riverside Ave, Park Rapids, MN 56470
0.13
$62,000
4
1
1,406
Recently Sold
616 King St, Park Rapids, MN 56470
0.11
$180,700
2
1
1,296
Off Market
203 Riverside Ave, Park Rapids, MN 56470
0.14
$175,000
3
1.5
1,162
Recently Sold
601 King St, Park Rapids, MN 56470
0.12
$176,700
2
1
1,199
Off Market
506 Bridge St, Park Rapids, MN 56470
0.15
$125,500
2
1
1,040
Off Market
207 N Mill Rd, Park Rapids, MN 56470
0.17
$366,500
3
1.5
1,839
Off Market
503 E Bridge St, Park Rapids, MN 56470
0.19
$187,200
3
1
1,012
Off Market
705 King St, Park Rapids, MN 56470
0.18
$211,800
2
1.5
2,600
Off Market

Local Information

  • Map ViewExplore the area around 500 1st St E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1950
0.4 acre lot
6,664 sqft
$41/sqft

About this House

This single-family home is located at 500 1st St E, Park Rapids, MN. 500 1st St E is in Park Rapids, MN and in ZIP code 56470. This property has approximately 6,664 sqft of floor space. This property has a lot size of 0.40 acres and was built in 1950.
500 1st St E, Park Rapids, MN 56470 is a studio, 6,664 sqft single-family home built in 1950. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $271,100, with a rent estimate of $1,101/month.

Home Details for 500 1st St E

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Appliances & Utilities
Refrigerator
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: WoodPatio

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.40 acres

Price and Tax history

YearProperty taxTax assessment
2025
$5,986
$241,800
Home facts updated by county records

Market trends in Park Rapids

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
81
5MoM

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.
  • Amygriffith
    "Everyone walks their dogs in our neighborhood, it seems very friendly. Also, people carry bags & clean up the dog mess instead of leaving it there. "
    0
    Flag
  • 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"
    1
    Flag
  • 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 ."
    1
    Flag
  • 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 !!!!🤗"
    1
    Flag
  • matthew van riesen
    "Quiet, newer residential area of town. 1 mile walk to mainstreet, 4 blocks from hospital, 1 mile from area school"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 500 1st St E

  • What is 500 1st St E estimated to be worth?
    Trulia's estimated value for 500 1st St E in Park Rapids, MN is $271,100.
  • Is Park Rapids a buyer's or seller's market?
    Park Rapids is currently a balanced 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.
  • What are the closest schools to 500 1st St E?
    The closest schools to 500 1st St E in Park Rapids, MN are Park Rapids Area Century Elementary School (Pre-K, rated 7/10), Park Rapids Area Century Middle School (rated 3/10), Park Rapids Senior High School (rated 5/10).
  • Does 500 1st St E have air conditioning?
    Yes, 500 1st St E in Park Rapids, MN has air conditioning.
  • How big is the lot at 500 1st St E?
    The lot at 500 1st St E in Park Rapids, MN is about 0.40 acres (17,424 sq ft).

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