Welcome to your dream hobby farm nestled just minutes away from the shores of Lake Koronis! This 45+/- acre property consists of approximately 10 tillable acres, pasture & woods. With 5 BR's & 3 BA's, this charming farmhouse provides ample space for family & guests alike. The property features 2 kitchens, perfect for accommodating large gatherings or separate living spaces. Your vehicles & equipment will find a comfortable home in the convenient 3 stall garage, offering ample space for parking & storage. Additionally, multiple outbuildings dot the landscape, all well maintained & ready to serve a variety of purposes, from housing livestock to storing tools & equipment. Enjoy peace of mind with the new septic system & a newer boiler, ensuring both efficiency & reliability for years to come. Nature enthusiasts & all hunters will delight in the wildlife & Emma Lake, providing endless opportunities for outdoor exploration and hunting. A true sanctuary. Additional tillable land available.
Closed
$580,000
38492 532nd Ave, Paynesville, MN 56362
5beds
2,340sqft
Single Family Residence
Built in 1925
45.53 Acres Lot
$585,500 Zestimate®
$248/sqft
$2,543 Estimated rent
Home value
$585,500
$492,000 - $685,000
$2,543/mo
Zestimate® history
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List your homeWhat's special
Charming farmhouseSeparate living spacesNewer boiler
Zillow last checked:
Listing updated:
Listed by:
Skip Halverson 320-761-1303,
RE/MAX Results
Bought with:
Debbie J Caylor
Lakes Area Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6509883
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 104.34 Square Feet
- Dimensions: 11.1x9.4
Bedroom 2
- Level: Main
- Area: 94.35 Square Feet
- Dimensions: 11.1x8.5
Bedroom 3
- Level: Main
- Area: 98.28 Square Feet
- Dimensions: 10.8x9.10
Bedroom 4
- Level: Upper
- Area: 124.23 Square Feet
- Dimensions: 12.3x10.1
Bedroom 5
- Level: Upper
- Area: 163.56 Square Feet
- Dimensions: 14.10x11.6
Bonus room
- Level: Basement
- Area: 102.96 Square Feet
- Dimensions: 10.4x9.9
Dining room
- Level: Main
- Area: 160.48 Square Feet
- Dimensions: 13.6x11.8
Dining room
- Level: Upper
- Area: 115.05 Square Feet
- Dimensions: 12.11x9.5
Kitchen
- Level: Main
- Area: 154.88 Square Feet
- Dimensions: 12.8x12.10
Kitchen
- Level: Upper
- Area: 134.43 Square Feet
- Dimensions: 12.10x11.11
Living room
- Level: Main
- Area: 145.14 Square Feet
- Dimensions: 12.3x11.8
Living room
- Level: Upper
- Area: 183.54 Square Feet
- Dimensions: 16.10x11.4
Heating
- Boiler
Cooling
- Ductless Mini-Split
Appliances
- Included: Dryer, Range, Refrigerator, Water Softener Owned
- Laundry: In Basement
Features
- Basement: Block,Full,Concrete,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 2,340
- Total interior livable area: 2,340 sqft
- Finished area above ground: 2,240
- Finished area below ground: 100
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Garage spaces: 3
- Details: Garage Dimensions (37x21)
Accessibility
- Accessibility features: Partially Wheelchair, Accessible Approach with Ramp
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: East, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake View
Lot
- Size: 45.53 Acres
- Dimensions: 45.53 ac
- Features: Irregular Lot, Tillable
- Topography: Gently Rolling,Level,Low Land,Meadow,Pasture,Wooded
Details
- Additional structures: Garage(s), Barn(s), Milk House, Storage Shed
- Foundation area: 1152
- Additional parcels included: 170147000
- Parcel number: 170141000
- Zoning description: Agriculture
- Other equipment: Fuel Tank - Rented
- Wooded area: 609840
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Propane
- Sewer: Mound Septic, Private Sewer, Septic System Compliant - Yes
- Water: Drilled, Private
Community & HOA
HOA
- Has HOA: No
Location
- Region: Paynesville
Financial & listing details
- Price per square foot: $248/sqft
- Tax assessed value: $408,500
- Annual tax amount: $2,729
- Date on market: 4/13/2024
- Cumulative days on market: 448 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2024 | Sold | $580,000-1.7%$248/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6509883 Report a problem | ||
| 5/10/2024 | Pending sale | $589,898$252/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6509883 Report a problem | ||
| 4/16/2024 | Listed for sale | $589,898-29.4%$252/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6509883 Report a problem | ||
| 3/6/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6321627 Report a problem | ||
| 8/26/2023 | Price change | $835,000-4.6%$357/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6321627 Report a problem | ||
| 8/3/2023 | Price change | $875,000-11.6%$374/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6321627 Report a problem | ||
| 6/7/2023 | Price change | $990,000-13.2%$423/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6321627 Report a problem | ||
| 1/25/2023 | Price change | $1,140,000-8.8%$487/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6321627 Report a problem | ||
| 1/8/2023 | Listed for sale | $1,250,000$534/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6321627 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,180 -39% | $408,500 -34.6% |
| 2024 | $1,934 +16.1% | $624,400 +1% |
| 2023 | $1,666 +11.1% | $618,300 +29% |
| 2022 | $1,500 -2.8% | $479,400 +12.4% |
| 2021 | $1,544 -5.3% | $426,700 +1.2% |
| 2020 | $1,630 | $421,600 +2.1% |
| 2019 | $1,630 +9.5% | $412,800 +1.4% |
| 2018 | $1,488 | $407,100 +3% |
| 2017 | $1,488 | $395,200 -0.5% |
| 2016 | $1,488 | $397,000 |
| 2015 | $1,488 | -- |
| 2014 | $1,488 | -- |
Find assessor info on the county website
Neighborhood: 56362
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Nearby schools
GreatSchools rating
- 8/10Paynesville Elementary SchoolGrades: PK-5Distance: 5.3 mi
- 7/10Paynesville Area High SchoolGrades: 6-12Distance: 5.1 mi
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- Minnesota
- Meeker County
- Paynesville
- 56362
- 38492 532nd Ave
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