316 Lake Avenue N

Silver Lake, MN
$ 365,000 Beds 3 Baths 3.5 Sq 3,205
Monthly Estimate* How much can I afford?

Welcome to this beautifully updated 3BR 4BA four-level split home offering over 3000 finished SF; renovated by Richard Larson Builders in 2017-18, this impressive home combines modern updates, quality craftsmanship and spacious living areas designed for everyday comfort & entertaining; the open concept main level features a stunning updated kitchen with custom cabinetry, a center island & new flooring; the kitchen flows seamlessly into the dining room & invitiing living room, complete with a cozy gas fireplace; a convenient mudroom and 1/2 bath are located just off the garage; upper level includes primary bedroom with private bath, second bedroom, and updated tiled full bath; continue to the 3rd level where you'll find a large family room highlighted by a beautiful custom stone fireplace along with a third bedroom and 3/4 tiled bath; fourth level provides flexible bonus space with abundant storage; oversized 2-stall garage offers an impressive 776 SF of space, providing plenty of room for vehicles & storage; outside enjoy the spacious backyard featuring a maintenance free deck, paver patio with firepit & storage shed; new windows 2024; with extensive updates & multiple living areas, this home offers the space and versatility you've been looking for! This is a must see property to appreciate the spacious backyard this property offers. Seller is paying the estimated assessment of $11,400.

Single Family

  • Price
  • $ 365,000
  • City
  • Silver Lake
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • MCLEOD
  • Half Bathrooms
  • 1
  • Area
  • Church Add
  • Lot Size
  • 0.321 Acres
  • Zip
  • 55381
  • Sqr Footage
  • 3,205
  • Year Built
  • 1997
  • Taxes
  • $ 6606
  • Style
  • Single Family
  • MLS#
  • 7142428
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3205
Sewer City Sewer - In Street
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years,Asphalt
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer,Water Softener Owned
Garage Spaces 2
Construction Materials Block
Year Built 1997
Electric Circuit Breakers
Levels Four or More Level Split
Property Subtype Single Family
Tax Year 2026
Accessibility None
County McLeod
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Church Add
Other Structures Storage Shed
Full Baths 1
Directions Hwy 7 to Silver Lake. South on Lake Ave to property.
City Silver Lake
High School District Glencoe-Silver Lake
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6606
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Patio
PostalCity Silver Lake

Interior Features

Basement Daylight/Lookout Windows
Total Fireplaces 2
Fireplace Features Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1704
Half Baths 1
3/4 Baths 2
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 1501
Total Baths 4
Bath Desc 3/4 Basement,Main Floor 1/2 Bath,Upper Level 3/4 Bath,Upper Level Full Bath
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Fuel Natural Gas
Garage Square Feet 776

Exterior Features

Fencing None
Parking Features Attached Garage,Concrete,Garage Door Opener,Heated Garage
Water Source City Water - In Street
Lot Size Area 0.321
Building Area Total 3408
Lot Dimensions 63x222
Waterfront Y/N No
Foundation Area 1704

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/14/2026 Listed $365,000

Property vs Zip Code Average in 55381

Price
AVG $390K
$370K
Taxes
AVG $3,621
$6,606
Year Built
AVG 1975
1997
Visits
AVG 112
6
Data Provided by Inside Real Estate®

316 Lake Avenue N Silver Lake, MN is a Single Family Home for sale at $365000 with 3205 sqft and a lot size of 0.321 Acres Acre(s). 316 Lake Avenue N Silver Lake has 3 bedrooms, 3 baths and was built in 1997. The property's zip code is 55381 which is in Silver Lake, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.