501 First St. E.
Park Rapids, MN 56470
- Studio
- 5,000 sqft
Studio
5,000 sqft
Home Value
Trulia Estimate
$338KSince last month
Increased$7K (+2.1%)Since last year
Increased$24K (+7.7%)Since last sale
Increased$78K (+30.1%)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 increased by +287% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $338K |
| July 2026 | $328K |
| June 2026 | $331K |
| May 2026 | $334K |
| April 2026 | $330K |
| March 2026 | $314K |
| February 2026 | $329K |
| January 2026 | $314K |
2025 | |
2024 | |
2023 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $170,000 | 03/31/26 | 3 | 1.5 | 1,728 | |
0.35 | Single-Family Home | $295,000 | 03/27/26 | 3 | 2 | 2,447 | |
0.16 | Single-Family Home | $175,000 | 06/12/26 | 3 | 1.5 | 1,162 | |
0.18 | Single-Family Home | $185,000 | 08/21/25 | 2 | 1.5 | 980 | |
0.21 | Single-Family Home | $160,000 | 05/04/26 | 2 | 1 | 1,340 | |
0.25 | Single-Family Home | $190,000 | 04/30/26 | 3 | 1.5 | 1,245 | |
0.43 | Single-Family Home | $230,000 | 03/10/26 | 1 | - | 1,750 | |
0.53 | Single-Family Home | $230,000 | 06/26/26 | 5 | 2 | 2,400 | |
0.30 | Single-Family Home | $149,900 | 09/29/25 | 3 | 1 | 1,500 | |
0.28 | Single-Family Home | $162,500 | 08/28/25 | 3 | 1 | 1,212 |
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 |
|---|---|---|---|---|---|---|
0.12 | $320,900 | 2 | 2 | 1,126 | Off Market | |
0.06 | $170,000 | 3 | 1.5 | 1,728 | Recently Sold | |
0.15 | $181,400 | 3 | 1 | 1,868 | Off Market | |
0.11 | $192,400 | 4 | 2 | 1,456 | Off Market | |
0.15 | $62,000 | 4 | 1 | 1,406 | Recently Sold | |
0.09 | $178,800 | 2 | 1 | 1,296 | Off Market | |
0.16 | $175,000 | 3 | 1.5 | 1,162 | Recently Sold | |
0.10 | $176,800 | 2 | 1 | 1,199 | Off Market | |
0.13 | $128,500 | 2 | 1 | 1,040 | Off Market | |
0.15 | $362,500 | 3 | 1.5 | 1,839 | Off Market | |
0.17 | $194,100 | 3 | 1 | 1,012 | Off Market | |
0.16 | $211,800 | 2 | 1.5 | 2,600 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Living Area
5,000 sqft
Price/Sqft
$68
About this House
This single-family home is located at 501 First St. E., Park Rapids, MN. 501 First St. E. is in Park Rapids, MN and in ZIP code 56470. This property has approximately 5,000 sqft of floor space.
501 First St. E., Park Rapids, MN 56470 is a studio, 5,000 sqft single-family home. It last sold for $259,500 on Jun 30, 2017. It is currently off market. The Trulia Estimate is $337,700, with a rent estimate of $1,224/month.
Home Details for 501 First St. E.
|
|---|
Property Type / Style Property Type: Single Family Home |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 30, 2017 Source: N/A | Sold | $259,500 |
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.
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Apartments for Rent
Homes for sale near 501 First St. E.
Off Market Homes Near 501 First St. E.
Frequently asked questions about 501 First St. E.
- What is 501 First St. E. estimated to be worth?Trulia's estimated value for 501 First St. E. in Park Rapids, MN is $337,700.
- What is the price history for 501 First St. E.?501 First St. E. in Park Rapids, MN last sold for $259,500 in June 2017.
- 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.