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$60,000

Listing Price

2beds

1baths

880sqft

6,970sqft lot

503 Lake Ave, Park Rapids, MN 56470

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

22.89

Price / sqft

1914

Year built

Home Details

Bring your finishing ideas to this 2 bedroom home and bring it back to its original beauty. Main floor laundry, main floor bathroom, decent size kitchen with a main floor bedroom and another bedroom up and a sitting area in the upper level as well, Home needs work. It does have a newer roof on. It has tons of potential hurry up and view this one today.

Interior Details

Square Feet
  • 880

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    No

  • Heating Type:

    None

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Tile (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6970

Water
  • No

Sewer
  • No

Parking
  • Type:

    Driveway Concrete

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Brick Veneer

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Galvanized

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$466

$8,982

$11,318

--%

$20,300

2018

$466

$8,220

$11,280

--%

$19,500

2017

$440

$7,868

$11,232

--%

$19,100

percent-home-icon

Average Home Price in 56470

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$132,691

2 Beds

1 Baths

882 Sqft

13,939 Lot (sqft)

Sold 10/02/2026

$269,323

2 Beds

2 Baths

941 Sqft

2,178 Lot (sqft)

Sold 09/16/2026

$81,053

2 Beds

1.5 Baths

888 Sqft

15,682 Lot (sqft)

Sold 10/06/2026

$130,915

2 Beds

1 Baths

912 Sqft

6,534 Lot (sqft)

Sold 10/06/2026

$60,000

2 Beds

1 Baths

880 Sqft

6,970 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
60,000
$
Down payment
12,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
360
$
HOA (Monthly)
0
$
PMI
0
$
$388
Your Payment
Total Monthly Payment:$388
Percent of Income:7%
Affordable:Yes

Details for 503 LAKE AVE

Property Debt

Foreclosure Contact Details