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29031 Lake Ave

Paynesville, MN 56362

3 bd 2 ba 2,170 sqft Built 1966 Lot 52,272 sqft single_family
Most recent sale
$275,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $275,000 MLS #6176072
May 5, 2022 Listed $325,000 MLS #6176072

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $213,000 $2,030
2022 $158,300 $1,630
2021 $155,700 $1,666
2020 $155,700 $1,686
2019 $152,100 $1,522
2018 $143,700 $1,488
2017 $136,700 $1,478
2016 $134,400 $1,478
2015 $137,300 $1,290
2014 $116,200 $1,210
2013 $110,600 $1,330
2012 $113,100 $1,300
2011 $118,600 $1,248
2010 $105,800 $41,000 $146,800 $1,320

Property facts

Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,170 sqft
Lot size
52,272 sqft
ZIP code
56362
City
Paynesville
Street
Lake Ave
Coordinates
45.35546, -94.71646

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,255
Gross rental yield
14.20%
Implied cap rate
9.23%
Trend-extrapolated value

Frequently asked questions

When did 29031 Lake Ave last sell?
29031 Lake Ave most recently sold on May 26, 2022 for $275,000.
What is the current tax assessment for 29031 Lake Ave?
The most recent total assessment for 29031 Lake Ave (year 2023) is $213,000 with $2,030 in property tax.
How does 29031 Lake Ave's assessment compare to its last sale price?
The current assessment is 22.5% below the last sale price of $275,000.
When was 29031 Lake Ave built?
29031 Lake Ave was built in 1966.
How does 29031 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 29031 Lake Ave?
29031 Lake Ave is a 3 bed, 2 bath, 2,170 sqft, 52,272 sqft lot single_family.
Is 29031 Lake Ave a flip candidate?
No — 29031 Lake Ave does not appear in our flips dataset.
Is 29031 Lake Ave a tax-appeal candidate?
No — 29031 Lake Ave 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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