$875,000

39590 Hemingway Avenue, North Branch, MN 55056

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$875,000

(23,000) 07/31/2023

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

39590 Hemingway Avenue North Branch, MN 55056

For Sale MLS# 6018903

66.60 AcresLot/Land

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

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Data current as of 17/05/2024 18:22:16

Details for 39590 Hemingway Avenue

MLS# 6018903

Description for 39590 Hemingway Avenue, North Branch, MN, 55056


Major price drop on this prime parcel in a MN Opportunity Zone. Unleash your creativity with high-density multi-family zoning that accommodates a broad spectrum of uses, including multi-family apartments, twin homes, and single-family properties. Property can be divided or phased. Mix of R3, R2, R1 zoning enhances the potential for diverse development. City utilities accessible on SW corner. Documentation from previous development plans and soil tests available upon request. This plot is dry land and is a golden opportunity for those seeking a substantial investment, especially for 1031 exchange purposes. Be the architect of the next grand development in the area.

Listing Information


Property Type: Lot/Land, Acreage

Status: Active

Lot Size: 66.60 Acres

County: Chisago

Days On Market: 1051

School Information


District: 138 - North Branch

Utilities


Other Utilities: Broadband Available,Cable Available,Electricity Available,Natural Gas Available,None Connected,Phone Available,Sewer Available,Water Available

Exterior / Lot Features


Lot Dimensions: 1305x2355x1305x2355

Zoning: Residential-Multi-Family

Topography: Level

Additional Exterior/Lot Features: Tree Coverage - Light, Irregular Lot, Raw Land, Green Acres, Land Inclusions - Easements,Platted,Soil Test Available,Torrens, Road Frontage - Paved Streets

Soil Type: Loam,Sand

Driving Directions


35E North to 95. East two miles to Hemingway. North to property.

Financial Considerations


Other Annual Tax: $79

Covenants/Deed Restrictions: Easements, Land Leased

Tax/Property ID: 160004520

Tax Amount: 2250

Tax Year: 2021

HomeStead Description: Non-Homesteaded

Price Changes


$1,250,000 Original Price
$875,000 Current Price
-$375,000Total Change
Date Price Change
07/31/2023 02.37 PM $875,000-$23,000
06/07/2023 09.39 AM $898,000-$101,999
03/01/2023 12.37 PM $999,999-$250,001
07/01/2021 03.56 PM $1,250,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 39590 Hemingway Avenue

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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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