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523 Mill St

Paynesville, MN 56362

2 bd 2 ba 1,462 sqft Built 1959 Lot 7,841 sqft single_family
Most recent sale
$164,900
Oct 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 20, 2022 Sold $164,900 MLS #6257473
Sep 6, 2022 Listed $164,900 MLS #6257473
Mar 30, 2019 Sold $116,000 MLS #5025071
Feb 27, 2019 Relisted $120,000 MLS #5025071
Jan 1, 2019 Sold $116,000 Public Record
Nov 29, 2018 Listed $120,000 MLS #5025071
Nov 16, 2018 Listed $120,000 MLS #5025071
Nov 27, 1990 Sold $42,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $94,500 $22,800 $117,300 $1,602
2021 $86,100 $22,800 $108,900 $1,466
2020 $86,100 $22,800 $108,900 $1,012
2019 $71,400 $1,164
2018 $68,600 $992
2017 $57,000 $1,040
2016 $58,700 $1,240
2015 $60,500 $824
2014 $58,400 $864
2013 $62,900 $968
2012 $67,100 $904
2011 $67,200 $902
2010 $77,000 $22,600 $99,600 $892

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,462 sqft
Lot size
7,841 sqft
ZIP code
56362
City
Paynesville
Street
Mill St
Coordinates
45.37861, -94.72196

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$989
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 523 Mill St last sell?
523 Mill St most recently sold on Oct 20, 2022 for $164,900.
What is the current tax assessment for 523 Mill St?
The most recent total assessment for 523 Mill St (year 2022) is $117,300 with $1,602 in property tax.
How does 523 Mill St's assessment compare to its last sale price?
The current assessment is 28.9% below the last sale price of $164,900.
When was 523 Mill St built?
523 Mill St was built in 1959.
How does 523 Mill St compare to others on Mill St?
We track 8 other properties on Mill St. Browse the list under "Other properties on Mill St" to compare beds, baths, and sale history.
What are the property facts for 523 Mill St?
523 Mill St is a 2 bed, 2 bath, 1,462 sqft, 7,841 sqft lot single_family.
Is 523 Mill St a flip candidate?
No — 523 Mill St does not appear in our flips dataset.
Is 523 Mill St a tax-appeal candidate?
No — 523 Mill 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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