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318 River St

Paynesville, MN 56362

5 bd 2 ba 2,391 sqft Built 1951 Lot 6,098 sqft single_family
Most recent sale
$205,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $205,000 MLS #6243066
Aug 8, 2022 Listed $200,000 MLS #6243066
Oct 11, 2017 Sold $128,000 MLS #4861180
Aug 2, 2017 Listed $128,000 MLS #4861180
Jan 1, 2017 Sold $128,000 Public Record
May 20, 2005 Sold $80,000 Public Record
Aug 27, 1998 Sold $34,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $162,700 $23,800 $186,500 $2,346
2020 $89,100 $1,228
2019 $87,500 $1,038
2018 $77,500 $934
2017 $66,700 $884
2016 $61,600 $848
2015 $61,000 $814
2014 $57,700 $852
2013 $61,900 $926
2012 $64,000 $876
2011 $65,000 $868
2010 $75,900 $21,000 $96,900 $732

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
5
Baths
2
Living area
2,391 sqft
Lot size
6,098 sqft
ZIP code
56362
City
Paynesville
Street
River St
Coordinates
45.38166, -94.71894

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,230
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 318 River St last sell?
318 River St most recently sold on Sep 29, 2022 for $205,000.
What is the current tax assessment for 318 River St?
The most recent total assessment for 318 River St (year 2024) is $186,500 with $2,346 in property tax.
How does 318 River St's assessment compare to its last sale price?
The current assessment is 9.0% below the last sale price of $205,000.
When was 318 River St built?
318 River St was built in 1951.
How does 318 River St compare to others on River St?
We track 8 other properties on River St. Browse the list under "Other properties on River St" to compare beds, baths, and sale history.
What are the property facts for 318 River St?
318 River St is a 5 bed, 2 bath, 2,391 sqft, 6,098 sqft lot single_family.
Is 318 River St a flip candidate?
No — 318 River St does not appear in our flips dataset.
Is 318 River St a tax-appeal candidate?
No — 318 River 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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