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650 Elm St

Paynesville, MN 56362

3 bd 2 ba 1,416 sqft Built 1980 Lot 13,504 sqft single_family
Most recent sale
$204,900
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $204,900 MLS #6188827
May 3, 2022 Listed $204,900 MLS #6188827
Nov 22, 2019 Sold $165,000 MLS #5317251
Oct 29, 2015 Listing removed $135,000 NorthstarMLS
Oct 28, 2015 Sold $135,000 Public Record
Jul 2, 2015 Listed $135,000 MLS #4618898
Jan 1, 2015 Sold $135,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $170,300 $28,600 $198,900 $2,502
2023 $165,600 $28,600 $194,200 $2,536
2020 $113,500 $1,574
2019 $118,400 $1,556
2018 $100,100 $1,372
2017 $93,500 $1,310
2016 $94,600 $1,282
2015 $90,300 $1,240
2014 $94,800 $1,270
2013 $100,400 $1,414
2012 $101,700 $1,342
2011 $100,600 $30,500 $131,100 $1,302
2010 $146,800 $1,390

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,416 sqft
Lot size
13,504 sqft
ZIP code
56362
City
Paynesville
Street
Elm St
Coordinates
45.37138, -94.72375

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
$2,124
Gross rental yield
12.44%
Implied cap rate
8.09%
Trend-extrapolated value

Frequently asked questions

When did 650 Elm St last sell?
650 Elm St most recently sold on Jun 10, 2022 for $204,900.
What is the current tax assessment for 650 Elm St?
The most recent total assessment for 650 Elm St (year 2024) is $198,900 with $2,502 in property tax.
How does 650 Elm St's assessment compare to its last sale price?
The current assessment is 2.9% below the last sale price of $204,900.
When was 650 Elm St built?
650 Elm St was built in 1980.
How does 650 Elm St compare to others on Elm St?
We track 6 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 650 Elm St?
650 Elm St is a 3 bed, 2 bath, 1,416 sqft, 13,504 sqft lot single_family.
Is 650 Elm St a flip candidate?
No — 650 Elm St does not appear in our flips dataset.
Is 650 Elm St a tax-appeal candidate?
No — 650 Elm St 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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