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522 Lake Ave

Paynesville, MN 56362

3 bd 2 ba 1,395 sqft Built 1958 Lot 9,583 sqft single_family
Most recent sale
$130,000
Dec 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2021 Sold $130,000 MLS #6090863
Sep 20, 2021 Price changed $134,000 MLS #6090863
Aug 26, 2021 Listed $139,000 MLS #6090863
Jun 17, 2011 Listing removed $99,900 NorthstarMLS
Dec 6, 2004 Sold $99,500 Public Record
May 27, 2004 Listed $99,900 MLS #3746432

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $87,100 $1,250
2019 $89,200 $1,006
2018 $74,900 $884
2017 $62,900 $900
2016 $62,800 $882
2015 $63,600 $852
2014 $60,600 $894
2013 $65,200 $1,024
2012 $71,300 $970
2011 $72,400 $964
2010 $78,400 $26,200 $104,600 $970

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,395 sqft
Lot size
9,583 sqft
ZIP code
56362
City
Paynesville
Street
Lake Ave
Coordinates
45.37715, -94.71237

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 522 Lake Ave last sell?
522 Lake Ave most recently sold on Dec 1, 2021 for $130,000.
What is the current tax assessment for 522 Lake Ave?
The most recent total assessment for 522 Lake Ave (year 2020) is $87,100 with $1,250 in property tax.
How does 522 Lake Ave's assessment compare to its last sale price?
The current assessment is 33.0% below the last sale price of $130,000.
When was 522 Lake Ave built?
522 Lake Ave was built in 1958.
How does 522 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 522 Lake Ave?
522 Lake Ave is a 3 bed, 2 bath, 1,395 sqft, 9,583 sqft lot single_family.
Is 522 Lake Ave a flip candidate?
No — 522 Lake Ave does not appear in our flips dataset.
Is 522 Lake Ave a tax-appeal candidate?
No — 522 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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