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323 Business 23

Paynesville, MN 56362

5 bd 3 ba 3,134 sqft Built 1900 Lot 13,939 sqft single_family
Most recent sale
$250,000
Sep 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2022 Sold $250,000 MLS #6234329
Jul 14, 2022 Listed $250,000 MLS #6234329
Feb 17, 2022 Sold $234,500 MLS #6112554
Dec 12, 2021 Price changed $247,500 MLS #6112554
Oct 25, 2021 Listed $249,900 MLS #6112554

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $173,700 $25,200 $198,900 $2,820
2021 $161,000 $25,200 $186,200 $2,608
2020 $147,200 $24,000 $171,200 $2,416
2019 $150,700 $25,000 $175,700 $2,360
2018 $132,200 $24,000 $156,200 $2,204
2017 $134,000 $24,000 $158,000 $2,134
2016 $136,900 $1,828
2015 $131,100 $1,770
2014 $138,900 $1,834
2013 $147,500 $2,044
2012 $143,400 $29,000 $172,400 $1,966
2011 $148,600 $30,500 $179,100 $2,122
2010 $187,000 $2,072

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,134 sqft
Lot size
13,939 sqft
ZIP code
56362
City
Paynesville
Street
Business 23
Coordinates
45.38097, -94.71806

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 323 Business 23 last sell?
323 Business 23 most recently sold on Sep 6, 2022 for $250,000.
What is the current tax assessment for 323 Business 23?
The most recent total assessment for 323 Business 23 (year 2022) is $198,900 with $2,820 in property tax.
How does 323 Business 23's assessment compare to its last sale price?
The current assessment is 20.4% below the last sale price of $250,000.
When was 323 Business 23 built?
323 Business 23 was built in 1900.
How does 323 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 323 Business 23?
323 Business 23 is a 5 bed, 3 bath, 3,134 sqft, 13,939 sqft lot single_family.
Is 323 Business 23 a flip candidate?
No — 323 Business 23 does not appear in our flips dataset.
Is 323 Business 23 a tax-appeal candidate?
No — 323 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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