Sold / Closed
$195,000

Sold price · Closed May 21, 2026

$106/sqft

Gilberts 4th Add

325 Lake Avenue, Paynesville, MN, 56362
3  Bedrooms2  Bathrooms1,877  Square Feet0.23  Acres
Days on market9
Year built1947
Garage spaces1
TypeResidential
Est. $2,970buyer credit when you buy with SODL

About this home

Charming and beautifully maintained 1.5-story home packed with space and updates! This inviting property offers 3 bedrooms and 2 bathrooms, plus a versatile upper-level bonus room—perfect for a home office, playroom, or guest space. The mostly finished basement expands your living area with a cozy family room, additional bedroom, bathroom, and plenty of storage in the utility and laundry rooms. A 2016 addition adds even more appeal with a stunning formal dining room or extra living space featuring an electric fireplace—ideal for entertaining or relaxing nights in. Enjoy stylish vinyl plank flooring throughout much of the main level and several newer windows that bring in great natural light. Outside, you’ll find a detached one-stall garage and an asphalt driveway with three extra parking spaces. All set in a great neighborhood—this one is move-in ready and a must-see!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1947
LevelsOne and One Half
Living area1,877 sqft
Above-grade finished1,467 sqft
Below-grade finished410 sqft
Lot size0.23 acres (50x200)
Days on market9
ListedApr 15, 2026
MLS #NST7055191
CountyStearns
SubdivisionGilberts 4th Add
Parcel #70389470000

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
One and One Half
Garage
1 space · 16x20 · 320 sqft
Parking features
Detached Garage, Asphalt, Shared Driveway, Garage Door Opener, Guest Parking
Patio & porch
Composite Decking
Exterior features
Vinyl
Lot size
0.23 acres

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block, Concrete
Foundation
Block · 1,126 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1947

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Gilberts 4th Add
HOA
No HOA
School district
741 - Paynesville
High school district
Paynesville

Financial & listing details

Annual tax
$1,498 (2025)
Listed
Apr 15, 2026
Days on market
9
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Egress Window(s), Partially Finished, Storage Space, Sump Pump
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryIn Basement
AppliancesDryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
DiningSeparate/Formal Dining Room
AccessibilityNone

Exterior & lot

ExteriorVinyl
RoofAge Over 8 Years, Asphalt
FoundationBlock
Foundation area1,126 sqft
Patio/porchComposite Decking
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Asphalt, Shared Driveway, Garage Door Opener, Guest Parking
Garage spaces1
Garage size320 sqft

Financial details

Annual taxes$1,498
Tax year2025
Taxes w/ assessments1498
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District741 - Paynesville
District number741
District phone3202433410
High schoolPaynesville
SODL flat fee brokerage
$2,970Estimated buyer credit
SODL platform fee $3,000Your buyer credit $2,970

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,237/mo
Principal & interest$1,046
Property taxes$125
Home insurance (est.)$66
%
$39,800
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

325 Lake Avenue, Paynesville, MN, 56362

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Listing information

MLS #NST7055191
StatusClosed
Last updatedMay 21, 2026, 5:20 PM
Originally listedApr 15, 2026, 9:53 AM
Listing officeTruly Home Real Estate

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

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.