Skip main navigation
Active
  • Price cut: $10K (6/26)
    $370,000

    316 Lake Ave N, Silver Lake, MN 55381

    3beds
    3,205sqft
    : 
    $2,444/mo
    Get pre-qualified
    Single Family
    Built in 1997
    0.32 Acres Lot
    $-- Zestimate®
    $115/sqft
    $-- HOA

    What's special

    Storage shedCenter islandNew flooringSpacious backyardOpen concept main levelMaintenance free deckCustom cabinetry
    Situated on a large lot on .32 acres, this beautifully updated 3 bedroom, 4 bath four level split home offers over 3000 finished square feet; renovated by Richard Larson Builders in 2017-2018, this home features an open concept main level with a stunning updated kitchen, custom cabinetry, center island & new flooring, flowing seamlessly into the dining area and living room highlighted by a cozy gas fireplace. Mudroom and half bath are conveniently located just off the garage; the upper level features a primary bedroom with a private bath, second bedroom and tiled full bath; the third level showcases a large family room with custom stone fireplace, third bedroom and a tiled 3/4 bath, perfect for guest or additional living space; the fourth level offers a versatile bonus flex space with abundant storage; new windows in 2024; oversized 2 stall garage is 776 sq ft; enjoy the spacious backyard with maintenance free deck, paver patio with firepit and storage shed-perfect for entertaining; with its beautiful updates and spacious backyard this is truly a place to call home!
    207 days
    |
    335
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynne M Garbers 320-224-1623,

    Edina Realty, Inc.,

    Kristin Alsleben 952-594-1264

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7009480MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Upper
      • Area: 224 Square Feet
      • Dimensions: 14x16
      Bedroom 2
      • Level: Upper
      • Area: 210 Square Feet
      • Dimensions: 14x15
      Bedroom 3
      • Level: Lower
      • Area: 132 Square Feet
      • Dimensions: 11x12
      Dining room
      • Level: Main
      • Area: 240 Square Feet
      • Dimensions: 15x16
      Family room
      • Level: Lower
      • Area: 414 Square Feet
      • Dimensions: 18x23
      Kitchen
      • Level: Main
      • Area: 288 Square Feet
      • Dimensions: 16x18
      Living room
      • Level: Main
      • Area: 240 Square Feet
      • Dimensions: 15x16
      Mud room
      • Level: Main
      • Area: 35 Square Feet
      • Dimensions: 5x7
      Recreation room
      • Level: Basement
      • Area: 330 Square Feet
      • Dimensions: 15x22
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
      • Laundry: In Basement
      Features
      • Basement: Daylight
      • Number of fireplaces: 2
      • Fireplace features: Gas
      Interior area
      • Total structure area: 3,408
      • Total interior livable area: 3,205 sqft
      • Finished area above ground: 1,704
      • Finished area below ground: 1,501

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Concrete, Garage Door Opener, Heated Garage
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Four or More Level Split
      • Patio & porch: Deck, Patio
      • Fencing: None
      Lot
      • Size: 0.32 Acres
      • Dimensions: 63 x 222
      Details
      • Additional structures: Storage Shed
      • Foundation area: 1704
      • Parcel number: 190740020
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Block
      • Roof: Age Over 8 Years,Asphalt
      Condition
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: City Sewer - In Street
      • Water: City Water - In Street

      Community & HOA

      Community
      • Subdivision: Church Add
      HOA
      • Has HOA: No
      Location
      • Region: Silver Lake

      Financial & listing details

      • Price per square foot: $115/sqft
      • Tax assessed value: $430,600
      • Annual tax amount: $5,938
      • Date on market: 1/16/2026
      • Cumulative days on market: 255 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/26/2026Price change$370,000-2.6%$115/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7009480 Report a problem
        4/28/2026Pending sale$380,000$119/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7009480 Report a problem
        1/16/2026Listed for sale$380,000-2.3%$119/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7009480 Report a problem
        12/3/2025Listing removed$389,000$121/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6736364 Report a problem
        9/11/2025Price change$389,000-1.5%$121/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6736364 Report a problem
        8/1/2025Listed for sale$395,000+99%$123/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6736364 Report a problem
        5/31/2005Sold$198,500$62/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,938 +2.6%$430,600 +18.4%
        2024$5,786 -1.5%$363,800
        2023$5,874 +5.6%$363,800 +1.3%
        2022$5,560 +3.2%$359,300 +17%
        2021$5,390 +0.5%$307,000 +5%
        2020$5,362 +18.9%$292,400 +2.8%
        2019$4,508 $284,400
        2018$4,508 +8.7%--
        2017$4,146 +14.3%--
        2016$3,628 -5.8%--
        2015$3,852 --
        2014$3,852 +3.4%--
        2013$3,724 --
        2012-- --
        2010$3,420 -4.7%--
        2009$3,588 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 55381

        Getting around

        22 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes