Sold / Closed
$400,000

Sold price · Closed Oct 10, 2025

$340/sqft

7718 240th Street

7718 240th Street, Silver Lake, MN, 55381
2  Bedrooms2  Bathrooms1,176  Square Feet8.68  Acres
Days on market10
Year built1980
Garage spaces2
TypeResidential
Est. $9,000buyer credit when you buy with SODL

About this home

Enjoy the peace and privacy of country living with this beautiful 8.68 parcel featuring a well-kept walkout rambler with 2-stall garage and multiple outbuildings! The main level offers a spacious living room, kitchen/dining room, 2 bedrooms and a full bath. Tons of potential to make it your own with finishing the lower level. Surrounded by mature trees, the property also includes a barn and several outbuildings—perfect for storage, animals, or hobby space. Come take a look at all the potential this country property has to offer!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1980
LevelsOne
Living area1,176 sqft
Above-grade finished1,176 sqft
Below-grade finished0 sqft
Lot size8.68 acres (1x1x1)
Days on market10
ListedAug 25, 2025
MLS #NST6769729
CountyMcLeod
Parcel #Split

Facts & features

Interior

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

Property

Levels / stories
One
Garage
2 spaces · 26x32 · 832 sqft
Parking features
Attached Garage
Patio & porch
Deck, Front Porch
Exterior features
Steel Siding
Other structures
Barn(s), Loafing Shed, Shed(s), Other

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,176 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1980

Utilities

Water
Well
Sewer
Septic System Compliant - No
Fuel
Propane
Electric
200+ Amp Service

Community & HOA

HOA
No HOA
School district
2859 - Glencoe-Silver Lake
High school district
Glencoe-Silver Lake

Financial & listing details

Annual tax
$3,778 (2025)
Listed
Aug 25, 2025
Days on market
10
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Partially Finished, Walkout
HeatingForced Air
CoolingCentral Air
LaundryIn Basement
AppliancesDryer, Microwave, Range, Refrigerator, Washer
DiningKitchen/Dining Room
AccessibilityNone

Exterior & lot

ExteriorSteel Siding
RoofAge Over 8 Years, Asphalt
FoundationBlock
Foundation area1,176 sqft
Patio/porchDeck, Front Porch
Road frontageCounty Road
Road responsibilityPublic Maintained Road
ZoningAgriculture

Utilities

Water sourceWell
SewerSeptic System Compliant - No
FuelPropane

Parking & garage

ParkingAttached Garage
Garage spaces2
Garage size832 sqft

Financial details

Annual taxes$3,778
Tax year2025
Taxes w/ assessments3778
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District2859 - Glencoe-Silver Lake
District number2859
District phone3208642498
High schoolGlencoe-Silver Lake
SODL flat fee brokerage
$9,000Estimated buyer credit
SODL platform fee $3,000Your buyer credit $9,000

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

$2,550/mo
Principal & interest$2,102
Property taxes$315
Home insurance (est.)$133
%
$80,000
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

7718 240th Street, Silver Lake, MN, 55381

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Listing information

MLS #NST6769729
StatusClosed
Last updatedOct 10, 2025, 5:05 PM
Originally listedAug 25, 2025, 12:11 PM
Listing officeEdina Realty, Inc.
Co-listing officeEdina Realty, Inc.

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.