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331 Lake Avenue S

Paynesville, MN 56362

5 beds
4 baths
2,568 sqft
~1/2 acre lot
$65 per sqft
1887 build
– on site

This unique property offers not 1, but 2 homes! Both homes are livable fixer-uppers that offer a great opportunity to make them yours! The main home features 1800+ finished square feet with 4 bedrooms (including a main floor primary bedroom with en-suite 3/4 private bath), 2 additional bathrooms, a huge living room, spacious kitchen and 3 more bedrooms on the upper level. The 2nd home features approx 768 finished sq ft with 1 bedroom, 1 bathroom, upper level loft space and full basement that could be finished to add additional square feet. The huge .5 acre lot and paved parking pad provide for plenty of space for play and vehicles. Schedule your showing now to discover every opportunity this property provides.

Listing courtesy of NORTHSTAR / Neil Theisen / Central MN Realty LLC

Last checked: Checking… • Last updated Oct 29, 2024 •

MLS# 6617146 —

The Building

Year Built:

1887
New Construction:

false
Age Of Property:

137
Construction Materials:

Stucco
Roof:

Age Over 8 Years, Asphalt
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1085.0000
Basement:

Full, Unfinished
Basement:

true
Foundation Area:

1085
Manufactured Home:

No
Building Area Total:

3653
Above Grade Finished Area:

2568

Interior

Dining Room Description:

Living/Dining Room
Fireplace:

false

Room Dimensions

Living Area:

2568

Location

Directions:

From Hwy 23 Paynesville-S on Lake Ave
Latitude:

45.379279
Longitude:

-94.711399

The Property

Parcel Number:

70389450010
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Irregular Lot
Lot Size Area:

0.51
Lot Size Dimensions:

95x199x160x200
Lot Size SqFt:

22172.04
Lot Size Units:

Acres
Road Frontage Type:

City Street, Curbs, Paved Streets, Sidewalks
Fencing:

Partial
Water Source:

City Water/Connected
Other Structures:

Storage Shed
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

1650
Tax With Assessments:

1650.0000

Beds

Bedrooms Total:

5

Baths

Total Baths:

4
Bath Description:

3/4 Primary,Private Primary,Main Floor Full Bath,Upper Level 1/2 Bath
Full Baths:

1
Three Quarter Baths:

2
Half Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

City Sewer/Connected

Appliances

Appliances:

Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Schools

High School District:

Paynesville

The Community

Subdivision Name:

Gilberts 4th Add
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Detached
Garage Spaces:

1
Garage Dimensions:

12x10
Garage SqFt:

100

Monthly cost estimate

Asking price

$167,500

Expense	Monthly cost
Mortgage	$896
Taxes	$137
Insurance	$46
Utilities	$274 See report
Total	$1,353/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
10/28/24 Oct 28, 2024	Price Changed	NORTHSTAR	$167,500	-2.9%
10/18/24 Oct 18, 2024	Price Changed	NORTHSTAR	$172,500	-1.4%
10/11/24 Oct 11, 2024	Listed / Active	NORTHSTAR	$175,000

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This house located in Paynesville, MN 56362 is currently for sale for $167,500. 331 Lake Avenue S is a 2,568 square foot house with 5 beds and 4 baths that has been on Estately for 41 days. This house is in the attendance area of Paynesville Area High School, Paynesville Elementary School, and Paynesville Middle School.

Listing Courtesy of: NORTHSTAR and Central MN Realty LLC.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.