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    1020 1st E St Park Rapids, MN 56470-1880
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    Property profile & analytics

    1020 1st E St, Park Rapids, MN 56470-1880

    View on Map
    • Hotels
    • 26,448 SF
    • 1.95 lot acres
    Off-Market
    Last Sale May 24, 2023
    Property ID
    US46-2444160
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $720,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 1020 1st E St

    Year built
    1979
    Lot size
    1.95 lot acres
    Property type
    Hotels
    APN
    32.25.00300
    APU
    322500300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 24, 2023 — Perham Hotel Group LLC Jeremlah78s Park Rapids LLC Warranty Deed $2.3M · Midwest Bank
    Jan 31, 2023 — Jeremiahs Park Rapids LLC — Deed · related $15k · Northwoods Bank Of Mn
    Sep 22, 2021 $1,625,000 Jeremiah Park Rapids LLC Arbuda Real Estate LLC Warranty Deed $1.4M · Northwoods Bank Of Mn
    Mar 10, 2017 — Arbuda Real Estate LLC Stillwater Super 8 Partnership Limited Warranty Deed —
    Feb 24, 2017 — Stillwater Super 8 Partnership Stanley Roll Trustees Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $720,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $815,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Park Rapids
    County
    Hubbard
    State
    Minnesota
    Longitude
    -95.0393
    Latitude
    46.921

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $42,430
    $200,500
    $1,311,100
    $1,511,600
    -
    $200,500
    $1,311,100
    $1,511,600

    Comparable in this City

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    • Value Estimation by Request
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    • Value Estimation
      $2,680,000
      22,464 SF

      1501 1st E St

      HOTEL
      1501 1st E St, Park Rapids, MN 56470-6462
      View Details
    • Value Estimation by Request
      1,888 SF

      31926 County Hwy 50

      HOTEL
      31926 County Hwy 50, Park Rapids, MN 56470-4063
      View Details

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    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      531
    • Avg Time on site
      472 min
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    1020 1st E St
    Park Rapids, MN 56470-1880
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