Back 523 W Mill St
Off Market

523 W Mill St

Paynesville MN 56362

2
2
3
1462 sq. ft.
0.18 ac.
Single-Family
Last sold for $180,000
Benjamin HolmBenjamin Holm, last sold this property on 16 January 2026 after 214 days on market.

Overview

Welcome to 523 Mill St, Paynesville MN!! This charming residence offers classic curb appeal with durable brick siding and newer windows that enhance both energy efficiency and natural light throughout the home. Inside, the layout is warm and functional, providing comfortable living spaces ideal for everyday living. The partially finished basement presents a valuable opportunity for additional living space, with excellent potential to build equity through future customization or expansion. A rare highlight of the property is the inclusion of two garages, offering ample storage, workspace, or protection for multiple vehicles. Well-suited for homeowners or investors seeking long-term value, this property blends comfort, character, and potential in a desirable package.

Features

2 bedrooms
2 bathrooms
3 carspaces
3 garage spaces
1462 sq. ft. floor area
0.18 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Paynesville over the last 12 months, the estimated median property value of 523 W Mill St is $280.94k.

Median value
$280.94k
Estimated value range
$130k - $365k
Median days on market
49
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Paynesville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 523 W Mill St

2026
Sold
$180,000
16 Jan 2026 by Benjamin Holm, of Bridge Realty, LLC
2022
Sold
$164,900
20 Oct 2022 by Jonathan Brenny, of Edina Realty, Inc.
2019
Sold
$116,000
29 Mar 2019 by Chad Schwendeman, of Exit Lakes Realty Premier

Happy sellers in Paynesville

80%
80% of sellers in Paynesville reported that their sale price either exceeded or met their price expectations.

Paynesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Paynesville over the last 12 months.

Local market activity for 2 bedroom single-family properties in Paynesville

In the last 12 months, 22 two-bedroom single-family properties similar to 523 W Mill St, have been sold.

This represents a 35% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

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