702 Washington Avenue S, Park Rapids, MN 56470
Just Listed on M Premiere — listed October 15, 2026
3 Beds | 2 Baths | 1,292 Sq Ft | Single Family Home | MLS# 7161503
$1,485/month Estimated
- Principal & interest
- $1,162
- Property taxes
- $169
- Home insurance (est.)
- $134
- Special assessments
- $20
- HOA dues
- None
20% down ($45,980) · 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
Welcome home to this well-appointed 3-bedroom, 2-bathroom city home in Park Rapids, tucked on a quiet street just a short walk from downtown shopping, dining, and entertainment. Thoughtfully laid out for comfortable everyday living, the home offers generous living space and the convenience of a 2-stall attached heated garage — a true Northwoods bonus on cold winter mornings. The large city lot gives you plenty of room to garden, play, or simply relax outdoors. Move-in ready and ideally located, this is easy in-town living at its best.
BuyPulse · Live market read
Is 702 Washington Avenue S a Good Deal?
At $178/sqft, this home is priced $39/sqft below the typical Park Rapids single-family home of $217/sqft.
The median list price in Park Rapids is $399,450.
Verdict: Excellent Value
Your negotiating position
44 Seller-leaning market
Seller's market · Balanced · Buyer leverage
Day 2 — Park Rapids homes overall typically go under contract by day ~14, so this one is early in its window.
13 similar homes for sale — alternatives if they won't move.
Homes like this one — single-family homes between $172K and $287K in Park Rapids:
- The field: 13 similar Park Rapids homes for sale — you have options.
- Price cuts: 8 of 13 similar homes have trimmed asking — median trim $10,000. This one hasn't budged.
- 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
- 1990
- Garage
- 2-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $2,033 (2026)
- Specials/yr
- $245
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,092
- Below Grade Sq Ft
- 200
- Lot Size
- 0.3 acres
- Basement
- Yes
- Construction
- Block, Frame
- County
- Hubbard
- List Date
- 2026-10-15
- Days on Market
- 2 days
- Parcel ID
- 327001600
Financial
- Total Tax incl. Assessments
- $2,278
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Baseboard, Space Heater
- Cooling
- Ductless Mini-Split, Wall Unit(s)
- Electric
- Circuit Breakers
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,092 sqft
- Total Building Area
- 1,638 sqft
Exterior Features
- Exterior Features
- Cement Board
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Asphalt, Finished Garage, Heated Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Coldwell Banker Crown Realtors
Price History
Listed at $229,900 on Oct 15, 2026 — No price changes
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 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# 7161503 · Data refreshed October 17, 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 $178/sqft it's priced 18% below the typical Park Rapids single-family home of $217/sqft. Its negotiating-position score is 44/100 (Seller-leaning market), 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 702 Washington Avenue S — 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 $2,033/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 702 Washington Avenue S have a basement?
- Yes, 702 Washington Avenue S has a basement with 200 sq ft of below-grade space.
- What type of heating and cooling does 702 Washington Avenue S have?
- 702 Washington Avenue S has Baseboard, Space Heater heating and Ductless Mini-Split, Wall Unit(s) cooling.
- Where is 702 Washington Avenue S located?
- 702 Washington Avenue S is in 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 block, frame construction and a block foundation.
- How many homes like 702 Washington Avenue S are for sale in Park Rapids?
- 13 similar homes (single-family homes between $172K and $287K in Park Rapids) are for sale right now — you have options.
- What does "M Premiere" mean?
- M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
- 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 10/17/2026, 6:09 PM 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.