501 First St. E., Park Rapids, MN 56470
OFF MARKET

501 First St. E.
Park Rapids, MN 56470

  • Studio
  • 5,000 sqft

$337,700

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,004/mo*

$337,700

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,004/mo*
Studio
5,000 sqft

Home Value

Trulia Estimate
$338K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 501 First St. E..
-- mins to
Commute Destination

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 Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Jun 30, 2017
Source: N/A
Sold
$259,500

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
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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

Homes for sale near 501 First St. E.

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Off Market Homes Near 501 First St. E.

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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.