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18042 Delaware Ln

Paynesville, MN 56362

2 bd 2 ba 1,170 sqft Built 1978 Lot 22,216 sqft single_family
Most recent sale
$270,000
Nov 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 2, 2022 Sold $270,000 NorthstarMLS
Sep 26, 2022 Listed $279,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $160,300 $187,800 $348,100 $2,760
2022 $225,200 $2,398
2021 $221,400 $2,364
2020 $215,100 $2,392
2019 $205,100 $2,188
2018 $196,900 $2,164
2017 $165,000 $1,864
2016 $185,800 $2,040
2015 $164,100 $1,856
2014 $160,600 $1,800
2013 $161,600 $1,934
2012 $172,700 $1,930
2011 $94,100 $124,800 $218,900 $2,098
2010 $220,000 $1,992

Property facts

Year built
1978
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,170 sqft
Lot size
22,216 sqft
ZIP code
56362
City
Paynesville
Street
Delaware Ln
Coordinates
45.38375, -94.60082

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
$1,755
Gross rental yield
7.80%
Implied cap rate
5.07%
Trend-extrapolated value

Frequently asked questions

When did 18042 Delaware Ln last sell?
18042 Delaware Ln most recently sold on Nov 2, 2022 for $270,000.
What is the current tax assessment for 18042 Delaware Ln?
The most recent total assessment for 18042 Delaware Ln (year 2025) is $348,100 with $2,760 in property tax.
How does 18042 Delaware Ln's assessment compare to its last sale price?
The current assessment is 28.9% above the last sale price of $270,000.
When was 18042 Delaware Ln built?
18042 Delaware Ln was built in 1978.
How does 18042 Delaware Ln compare to others on Delaware Ln?
We track 4 other properties on Delaware Ln. Browse the list under "Other properties on Delaware Ln" to compare beds, baths, and sale history.
What are the property facts for 18042 Delaware Ln?
18042 Delaware Ln is a 2 bed, 2 bath, 1,170 sqft, 22,216 sqft lot single_family.
Is 18042 Delaware Ln a flip candidate?
No — 18042 Delaware Ln does not appear in our flips dataset.
Is 18042 Delaware Ln a tax-appeal candidate?
Yes — 18042 Delaware Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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