10 days on rocket

1617 16th Ave SE, Cambridge, MN, 55008

$550,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6639243
StatusActive

About 1617 16th Ave SE

This is a prime piece of land for sale in the heart of Cambridge's rapidly growing housing market. With endless potential for development, whether for multi-family homes or a profitable real estate project, this property offers a great opportunity. Located in a vibrant community, it has easy access to top amenities, schools, and transportation. Don't miss your chance to invest in one of Cambridge's most desirable areas.

Property Details

Property Features

Listing Office:

  • Office Name: Edina Realty, Inc.

Lot Features

Lot Information:

  • Lot: Corner Lot, Irregular Lot, Few Trees, Underground Utilities

Other

Directions Information:

  • Directions: East of downtown Cambridge on Hwy 95 to Opportunity Dr. South to 16th Avenue. SW corner of Opportunity Dr and 16th Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
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Housing Market Comparison

See how this home compares to others in Cambridge, MN.

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Cambridge, MN

City

Med. Sold Price

$310K

Med. Price/SqFt

$176

Avg. Days On Market

40

# of Sold Homes

13

1617 16th Ave SE vs Cambridge

10 DAYS ON ROCKET

-30 Days

$550,000

+$240K More

KEY TAKEAWAY

This property is $240K more than the Median Sold Price in Cambridge, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6639243

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 12/21/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $109,200

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-866065
7
/10

  • Cambridge Intermediate School

  • 428 2nd Ave NW

  • 1.54 miles

  • Public District Grades 3-5

school-card-donut-866066
5
/10

  • Art and Science Academy

  • 903 6th Avenue Ct NE Ste A

  • 4.08 miles

  • Public Charter Grades KG-4

school-card-donut-866067
6
/10

  • Isanti Intermediate School

  • 101 9th Ave NE

  • 4.84 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,277. The most common annual income of people living in Cambridge, MN is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1617 16th Ave SE

What is the listing price of this property?

The listing price of 1617 16th Ave SE property is $550,000.

What type of property is this?

The property 1617 16th Ave SE is land located in Cambridge, Minnesota, 55008.

Is this property for sale now?

Active Listing: 1617 16th Ave SE is For Sale (Active/New) which means the seller is accepting offers.
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Rocket Homes›Minnesota›Isanti County›Cambridge›55008›1617 16th Ave SE

This home is located at 1617 16th Ave SE in Cambridge, MN and zip code 55008. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $550,000.

Over 3 listings were sold over their listed price in November 2024 in Cambridge, MN. In the same period over 8 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Cambridge, MN between October 2024 and November 2024 decreased by 12%. In November 2024 median list price was $310,000 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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