31879 US 71, Park Rapids, MN 56470
2 Beds | 1 Bath | 2,256 Sq Ft | Single Family Home | MLS# 7059172
Is 31879 US 71 a Good Deal?
BuyPulse Verdict
Excellent Value
At $173/sqft — This home is priced 20% below the typical Park Rapids single-family home of $216/sqft.
Powered by the Realgorithm™ — 69 active Park Rapids listings · NorthstarMLS
$2,397/month Estimated
- Principal & interest
- $1,972
- Property taxes
- $178
- Home insurance (est.)
- $227
- Special assessments
- $20
- HOA dues
- None
20% down ($77,980) · 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
Little Mantrap Lake Home! An easy access, your round, low maintenance lake property. Located just miles from the South entrance of Itasca State Park. Nice open living space and kitchen. 2 bedrooms, 1 bathroom, with a large finished and heated bonus room above the garage, and finished walkout basement. Heated double garage and concrete driveway. The lot has a nice gradual grade down to the sandy shoreline with great Western exposure for amazing sunsets. Brand new roof installed with transferrable 50 year warranty. Come take a look!
Virtual Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $292K and $487K in Park Rapids:
- The field: 16 similar Park Rapids homes for sale — you have options.
- Negotiation: 42% of the last 19 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 19 real Park Rapids closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1967
- Above Grade
- 1,488 sq ft
- Below Grade
- 768 sq ft
- Lot Size
- 0.45 acres
- Lot Features
- Tree Coverage - Medium
- Garage
- 2-car (Attached Garage, Concrete)
- Heating
- Baseboard, Forced Air, In-Floor Heating
- Cooling
- None
- Basement
- Finished
- Appliances
- Range, Refrigerator, Washer, Water Softener Owned
- Sewer
- Tank with Drainage Field
- Water
- Drilled, Well
- Annual Taxes
- $2,141
- Special Assessments
- $245
- County
- Hubbard
- Days on Market
- 129
31879 US 71 is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 31879 US 71
Shannon Barnum
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 Coldwell Banker Crown Realtors · 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# 7059172 · Data refreshed August 25, 2026
Similar Homes for Sale Near 31879 US 71, Park Rapids, MN
Frequently Asked Questions About 31879 US 71
- Is $389,900 a good price for a home in Park Rapids?
- According to BuyPulse, 31879 US 71 rates Excellent Value — at $173/sqft it's priced 20% below the typical Park Rapids single-family home of $216/sqft. Powered by the Realgorithm™. Browse Park Rapids homes for sale to compare.
- What are the special assessments at 31879 US 71 — and what do they mean?
- This property has $245/yr in annual special assessments, with no 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 $2,141/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 31879 US 71 have a basement?
- Yes, 31879 US 71 has a finished basement with 768 sq ft of below-grade space.
- What type of heating and cooling does 31879 US 71 have?
- 31879 US 71 has Baseboard, Forced Air, In-Floor Heating and None cooling.
- Where is 31879 US 71 located?
- 31879 US 71 is in Park Rapids, MN 56470, in Hubbard County.
- Is 31879 US 71 still available?
- Yes — 31879 US 71 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 31879 US 71 built?
- 31879 US 71 was built in 1967. It features block, frame construction and a block foundation.
- Does 31879 US 71 have main-floor laundry?
- No — the laundry at 31879 US 71 is in the lower level.
- How many homes like 31879 US 71 are for sale in Park Rapids?
- 16 similar homes (single-family homes between $292K and $487K in Park Rapids) are for sale right now — you have options.
- Do homes in Park Rapids sell for asking price?
- 42% of the last 19 comparable Park Rapids sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- 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.