7 months on rocket

28418 Cherrywood Rd, Paynesville, MN, 56362

$65,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6510886
StatusActive

About 28418 Cherrywood Rd

Discover the perfect blend of leisure and convenience at Koronis Ridge! Paynesville's premier development offers ten 1.4-1.5 acre residential building lots. Positioned within half a mile of Koronis Hills Golf Course and bordered by the scenic Lake Koronis bike trail, this property embodies a picturesque lifestyle. With Lake Koronis public access just a quarter mile away and the added potential for neighboring horse boarding facilities, the outdoors call with limitless adventure. Embrace the allure of country living while relishing the convenience of nearby amenities. Seize the unmatched opportunity to call Koronis Ridge your new home sweet home!

Property Details

Property Features

Listing Office:

  • Office Name: Century 21 First Realty, Inc.

Lot Features

Lot Information:

  • Lot: Many Trees

Other

Directions Information:

  • Directions: From 23W, left on Lake Ave S, cross Hwy 55, Left on Cherrywood.

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000

Tax Information:

  • Annual Amount: $596
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$264.9K

Med. Price/SqFt

$162

Avg. Days On Market

40

# of Sold Homes

9

28418 Cherrywood Rd vs Paynesville

212 DAYS ON ROCKET

+172 Days

$65,000

-$199.9K Less

KEY TAKEAWAY

This property is $199.9K less than the Median Sold Price in Paynesville, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6510886

Listing Office:

  • Office Name: Century 21 First Realty, Inc.

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Last updated on: 11/14/2024, 8:22:48 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$596$47,000
2020$616$47,000
2019$590$47,000
2017$604$47,000

History based on county public records data.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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-263059
6
/10
  • Paynesville Elementary School

  • 205 W Mill St

  • 1.63 miles

  • Public District Grades PK-5

school-card-donut-263060
7
/10
  • Eden Valley Elementary School

  • 901 Stearns Ave E

  • 8.37 miles

  • Public District Grades KG-6

school-card-donut-263061
8
/10
  • Richmond Elementary School

  • 34 2nd St NE

  • 11.33 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,047. Most Paynesville, MN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 28418 Cherrywood Rd

What is the listing price of this property?

The listing price of 28418 Cherrywood Rd property is $65,000.

What type of property is this?

The property 28418 Cherrywood Rd is land located in Paynesville, Minnesota, 56362.

Is this property for sale now?

Active Listing: 28418 Cherrywood Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $596 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaStearns CountyPaynesville5636228418 Cherrywood Rd

This home is located at 28418 Cherrywood Rd in Paynesville, MN and zip code 56362. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $65,000.

In October 2024, from all listings sold in Paynesville, MN there were more than 3 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price. In October 2024 in Paynesville, MN there were 9.4% more homes for sale than in September 2024. While the average time on the market in October 2024 was 40 days, the median list price was $264,950.

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

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