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212 Business 23

Paynesville, MN 56362

5 bd 2 ba 3,145 sqft Built 2000 Lot 10,454 sqft single_family
Most recent sale
$227,500
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $227,500 MLS #6173785
Apr 15, 2022 Listed $227,500 MLS #6173785

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $190,800 $24,800 $215,600 $3,120
2023 $236,500 $26,400 $262,900 $3,424
2022 $195,600 $24,000 $219,600 $2,986
2021 $177,300 $24,000 $201,300 $2,696
2020 $181,500 $22,800 $204,300 $2,746
2019 $600 $21,000 $21,600 $276
2018 $600 $20,200 $20,800 $276
2017 $600 $20,200 $20,800 $280
2016 $9,100 $20,200 $29,300 $392
2015 $21,700 $318
2014 $22,500 $322
2013 $24,600 $372
2012 $24,600 $344
2011 $17,000 $25,600 $42,600 $342
2010 $44,200 $320

Property facts

Year built
2000
Property type
single_family
Stories
3
Beds
5
Baths
2
Living area
3,145 sqft
Lot size
10,454 sqft
ZIP code
56362
City
Paynesville
Street
Business 23
Coordinates
45.38140, -94.71611

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,365
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 212 Business 23 last sell?
212 Business 23 most recently sold on May 27, 2022 for $227,500.
What is the current tax assessment for 212 Business 23?
The most recent total assessment for 212 Business 23 (year 2025) is $215,600 with $3,120 in property tax.
How does 212 Business 23's assessment compare to its last sale price?
The current assessment is 5.2% below the last sale price of $227,500.
When was 212 Business 23 built?
212 Business 23 was built in 2000.
How does 212 Business 23 compare to others on Business 23?
We track 8 other properties on Business 23. Browse the list under "Other properties on Business 23" to compare beds, baths, and sale history.
What are the property facts for 212 Business 23?
212 Business 23 is a 5 bed, 2 bath, 3,145 sqft, 10,454 sqft lot single_family.
Is 212 Business 23 a flip candidate?
No — 212 Business 23 does not appear in our flips dataset.
Is 212 Business 23 a tax-appeal candidate?
No — 212 Business 23 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q2
$223.8K
2026 Q3
$222.6K
ZIP 56362 — Median Price History + Forecast

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