702 Washington Avenue S, Park Rapids, MN 56470
3 Beds | 2 Baths | 1,848 Sq Ft | Single Family Home | MLS# 7077114
M Markdowns — Price Reduced — was $239,900 (↓ $10,000)
Is 702 Washington Avenue S a Good Deal?
BuyPulse Verdict
Excellent Value
At $124/sqft — This home is priced 41% below the typical Park Rapids single-family home of $210/sqft.
Your Negotiating Position
84 — Strong buyer leverage
Day 146 — Park Rapids homes overall typically go under contract by day ~14. This one is past that window.
47% of recent sales closed at or over asking — about half hold full price.
14 similar homes for sale — alternatives if they won't move.
This seller already cut $10,000 — motivation showing.
Powered by the Realgorithm™ — 65 active Park Rapids listings · NorthstarMLS
$1,486/month Estimated
- Principal & interest
- $1,162
- Property taxes
- $190
- Home insurance (est.)
- $134
- HOA dues
- None
20% down ($45,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Great Northern Add, Park Rapids, MN.
About This Home
3 bedroom, 1 3/4 bath home located at 702 Washington Ave South. Many recent updates, attached garage with workshop is heated and finished. Large backyard with alley access and much more!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $172K and $287K in Park Rapids:
- The field: 14 similar Park Rapids homes for sale — you have options.
- Negotiation: 47% of the last 15 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 15 real Park Rapids closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1990
- Garage
- 1-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $2,278 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,232
- Below Grade Sq Ft
- 616
- Lot Size
- 0.3 acres
- Basement
- Yes
- Roof
- Age Over 8 Years
- Construction
- Frame
- County
- Hubbard
- List Date
- 2026-05-20
- Days on Market
- 146 days
- Parcel ID
- 327001600
Financial
- Total Tax incl. Assessments
- $2,278
Home Systems & Utilities
- Heating
- Baseboard, Gravity
- Cooling
- Ductless Mini-Split
- Electric
- 200+ Amp Service
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Interior Features
- Laundry
- In Basement, Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,232 sqft
- Total Building Area
- 7,848 sqft
Exterior Features
- Exterior Features
- Cement Board
- Pool
- Yes
- Fenced Area
- Yes
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- City Street
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Keller Williams Realty Professionals
Price History
Reduced $10,000 (4.2%)
- Price reduced to $239,900 — Jun 25, 2026
- Price reduced to $229,900 — Jul 21, 2026
702 Washington Avenue S is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 702 Washington Avenue S
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 Keller Williams Realty Professionals · 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# 7077114 · Data refreshed October 7, 2026
Similar Homes for Sale Near 702 Washington Avenue S, Park Rapids, MN
Frequently Asked Questions About 702 Washington Avenue S
- Is $229,900 a good price for a home in Park Rapids?
- According to BuyPulse, 702 Washington Avenue S rates Excellent Value — at $124/sqft it's priced 41% below the typical Park Rapids single-family home of $210/sqft. Its negotiating-position score is 84/100 (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.
- Does 702 Washington Avenue S have a basement?
- Yes, 702 Washington Avenue S has a basement with 616 sq ft of below-grade space.
- What type of heating and cooling does 702 Washington Avenue S have?
- 702 Washington Avenue S has Baseboard, Gravity heating and Ductless Mini-Split cooling.
- Where is 702 Washington Avenue S located?
- 702 Washington Avenue S is in the Great Northern neighborhood of Park Rapids, MN 56470, in Hubbard County.
- Is 702 Washington Avenue S still available?
- Yes — 702 Washington Avenue S is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 702 Washington Avenue S built?
- 702 Washington Avenue S was built in 1990. It features frame construction and a block foundation.
- Does 702 Washington Avenue S have main-floor laundry?
- Yes — the laundry at 702 Washington Avenue S is on the main level.
- How walkable is 702 Washington Avenue S?
- 702 Washington Avenue S has a Walk Score of 54/100 (Somewhat Walkable) and a Bike Score of 47/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 702 Washington Avenue S are for sale in Park Rapids?
- 14 similar homes (single-family homes between $172K and $287K in Park Rapids) are for sale right now — you have options.
- Do homes in Park Rapids sell for asking price?
- 47% of the last 15 comparable Park Rapids sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- 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 10/13/2026, 10:29 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.
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