216 Railroad St
Paynesville, MN 56362
3 bd 1 ba 1,042 sqft Built 1920 Lot 15,682 sqft single_family
Most recent sale
$82,000
Jul 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 7, 2022 | Sold | $82,000 | MLS #6179349 |
| Apr 18, 2022 | Listed | $119,900 | MLS #6179349 |
| Jun 17, 2011 | Listing removed | $59,000 | NorthstarMLS |
| Aug 4, 2008 | Sold | $90,000 | Public Record |
| Jun 28, 2006 | Listed | $99,000 | MLS #3227362 |
| Oct 12, 2004 | Listed | $59,000 | MLS #2337828 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $83,200 | $27,700 | $110,900 | $1,398 |
| 2017 | $39,800 | $25,600 | $65,400 | $890 |
| 2016 | $32,900 | $25,600 | $58,500 | $772 |
| 2015 | $31,800 | $25,600 | $57,400 | $766 |
| 2014 | $33,700 | $27,500 | $61,200 | $1,228 |
| 2013 | $34,300 | $30,300 | $64,600 | $1,426 |
| 2012 | $34,900 | $30,300 | $65,200 | $1,548 |
| 2011 | $36,600 | $31,900 | $68,500 | $1,246 |
| 2010 | — | — | $68,400 | $1,912 |
Property facts
Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,042 sqft
Lot size
15,682 sqft
ZIP code
56362
City
Paynesville
Street
Railroad St
Coordinates
45.38219, -94.71095
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$492
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 216 Railroad St last sell?
216 Railroad St most recently sold on Jul 7, 2022 for $82,000.
What is the current tax assessment for 216 Railroad St?
The most recent total assessment for 216 Railroad St (year 2024) is $110,900 with $1,398 in property tax.
How does 216 Railroad St's assessment compare to its last sale price?
The current assessment is 35.2% above the last sale price of $82,000.
When was 216 Railroad St built?
216 Railroad St was built in 1920.
How does 216 Railroad St compare to others on Railroad St?
We do not currently track other properties on Railroad St.
What are the property facts for 216 Railroad St?
216 Railroad St is a 3 bed, 1 bath, 1,042 sqft, 15,682 sqft lot single_family.
Is 216 Railroad St a flip candidate?
No — 216 Railroad St does not appear in our flips dataset.
Is 216 Railroad St a tax-appeal candidate?
Yes — 216 Railroad St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography