12048 County 32, Park Rapids, MN 56470
3 Beds | 3 Baths | 1,802 Sq Ft | Single Family Home | MLS# 7141710
M Markdowns — Price Reduced — was $225,000 (↓ $10,000)
$1,332/month Estimated
- Principal & interest
- $1,087
- Property taxes
- $100
- Home insurance (est.)
- $125
- Special assessments
- $20 + pending
- HOA dues
- None
20% down ($43,000) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
About This Home
5 Acres of wooded County living, 6.5 miles north of Park Rapids off of Highway 71. The kitchen has been updated, and many rooms have the original wood floors. This quaint home offers possibilities to the next buyer to add their finishing touches. It is offered As-Is.
BuyPulse · Live market read
How 12048 County 32 Compares to the Park Rapids Market
At $119/sqft, this home is priced $88/sqft below the typical Park Rapids single-family home of $207/sqft.
The median list price in Park Rapids is $419,000.
Verdict: Excellent Value
Your negotiating position
80 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 47 — Park Rapids homes overall typically go under contract by day ~17. This one is past that window.
11 similar homes for sale — alternatives if they won't move.
This seller already cut $10,000 — the asking price has already moved.
Homes like this one — single-family homes between $161K and $269K in Park Rapids:
- The field: 11 similar Park Rapids homes for sale — you have options.
- Price cuts: 5 of 11 similar homes have trimmed asking — median trim $10,000. This one already cut $10,000.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Park Rapids closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1928
- Style
- Two
- HOA
- None
- Annual Taxes
- $1,203 (2026)
- Specials/yr
- $245 + pending
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,802
- Lot Size
- 5 acres
- Basement
- Yes
- Roof
- Age Over 8 Years
- Construction
- Frame
- County
- Hubbard
- List Date
- 2026-09-10
- Days on Market
- 47 days
- Parcel ID
- 023300121
Financial
- Total Tax incl. Assessments
- $1,448
- Specials Pending
- Yes
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- None
- Water
- Drilled
- Sewer
- Septic System Compliant - Yes
Interior Features
- Laundry
- Lower Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Other
- Foundation Area
- 1,488 sqft
- Total Building Area
- 3,290 sqft
Exterior Features
- Exterior Features
- Vinyl, Wood
- Pool
- Yes
- Fenced Area
- Yes
- Accessibility Features
- None
Parking & Garage
- Parking Features
- None
Lot & Land
- Road Surface
- County Road
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- National Realty Guild
Price History
- Price reduced to $215,000 — Oct 5, 2026
12048 County 32 is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 12048 County 32
Associate Broker · Modern Market REALTORS®
Your Park Rapids real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by National Realty Guild · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7141710 · Updated October 19, 2026
Similar Homes for Sale Near 12048 County 32, Park Rapids, MN
Frequently Asked Questions About 12048 County 32
- Is $215,000 a good price for a home in Park Rapids?
- According to BuyPulse, 12048 County 32 rates Excellent Value — at $119/sqft it's priced 43% below the typical Park Rapids single-family home of $207/sqft. Its negotiating-position score is 80/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Park Rapids homes are closing versus list. Powered by the Realgorithm™. Browse Park Rapids homes for sale to compare.
- What are the special assessments at 12048 County 32 — and what do they mean?
- This property has $245/yr in annual special assessments with additional specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $1,203/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
- Does 12048 County 32 have a basement?
- Yes, 12048 County 32 has a basement.
- What type of heating and cooling does 12048 County 32 have?
- 12048 County 32 has Forced Air heating and None cooling.
- Where is 12048 County 32 located?
- 12048 County 32 is in Park Rapids, MN 56470, in Hubbard County.
- Is 12048 County 32 still available?
- Yes — 12048 County 32 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 12048 County 32 built?
- 12048 County 32 was built in 1928. It features frame construction and a other foundation.
- Does 12048 County 32 have main-floor laundry?
- No — the laundry at 12048 County 32 is in the lower level.
- How many homes like 12048 County 32 are for sale in Park Rapids?
- 11 similar homes (single-family homes between $161K and $269K in Park Rapids) are for sale right now — you have options.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- What does "BuyPulse" mean?
- BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Park Rapids area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/27/2026, 11:59 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.