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508 Pine St

Paynesville, MN 56362

2 bd 1 ba 676 sqft Built 1928 Lot 5,445 sqft single_family
Most recent sale
$66,000
Nov 18, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 3, 2025 Sold $97,300 Public Record
Dec 22, 2023 Sold $97,300 Public Record
Nov 18, 2021 Sold $66,000 MLS #6111515
Oct 12, 2021 Listed $69,500 MLS #6111515
Jun 22, 2018 Sold $59,000 MLS #4899516
Jan 8, 2018 Listed $59,000 MLS #4899516
Jan 1, 2018 Sold $59,000 Public Record
Jun 17, 2011 Listing removed $62,000 NorthstarMLS
Jul 29, 2009 Listed $62,000 MLS #3818335
Apr 16, 2007 Sold $50,000 Public Record
Nov 20, 2001 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $81,200 $22,300 $103,500 $1,346
2023 $49,300 $23,800 $73,100 $960
2020 $32,800 $484
2019 $31,100 $436
2018 $28,000 $408
2017 $28,300 $420
2016 $28,700 $412
2015 $28,000 $408
2014 $29,300 $416
2013 $31,000 $466
2012 $31,300 $434
2011 $33,800 $20,500 $54,300 $432
2010 $57,300 $412

Property facts

Year built
1928
Property type
single_family
Stories
Beds
2
Baths
1
Living area
676 sqft
Lot size
5,445 sqft
ZIP code
56362
City
Paynesville
Street
Pine St
Coordinates
45.37743, -94.72650

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
$396
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 Pine St last sell?
508 Pine St most recently sold on Nov 18, 2021 for $66,000.
What is the current tax assessment for 508 Pine St?
The most recent total assessment for 508 Pine St (year 2025) is $103,500 with $1,346 in property tax.
How does 508 Pine St's assessment compare to its last sale price?
The current assessment is 56.8% above the last sale price of $66,000.
When was 508 Pine St built?
508 Pine St was built in 1928.
How does 508 Pine St compare to others on Pine St?
We track 4 other properties on Pine St. Browse the list under "Other properties on Pine St" to compare beds, baths, and sale history.
What are the property facts for 508 Pine St?
508 Pine St is a 2 bed, 1 bath, 676 sqft, 5,445 sqft lot single_family.
Is 508 Pine St a flip candidate?
No — 508 Pine St does not appear in our flips dataset.
Is 508 Pine St a tax-appeal candidate?
No — 508 Pine 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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