These are 3 buildable lots in this bundle in a well developed and growing neighborhood. These lots are located behind a church and near schools. These 3 lots TOTAL are selling for an incredible $59,900 well below tax assessed value.
Property Details
Property Features
Listing Office:
Office Name: ACTION REALTY
Other
Directions Information:
Directions: Richwood Road North then left on Homestead St. See Signs.
Price Information
Listing Price Info
Price Summary:
List Price: $59,900
Tax Information:
Annual Amount: $1,232
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit Lakes, MN.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 8:22:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,232
$24,400
2020
$1,272
$24,400
2019
$1,306
$24,400
2018
$1,308
$24,400
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$366
Per Month
Principal & Interest
$299
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$246
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Roosevelt Elementary School
510 11th Ave
Distance between this listing and this school0.55 miles
Public District Grades PK-5
6
/10
Rossman Elementary School
1221 Rossman Ave
Distance between this listing and this school1.47 miles
Public District Grades PK-5
5
/10
Lake Park Audubon Elementary School
601 4th St
Distance between this listing and this school7.10 miles
Public District Grades PK-6
Nearby Schools
5
/10
Detroit Lakes Middle School
510 11th Ave
Distance between this listing and this school0.55 miles
Public District Grades 5-8
5
/10
Prairie Wind Middle School
480 Coney St W
Distance between this listing and this school20.70 miles
Public District Grades 5-8
4
/10
Pine Point Elementary School
48075 Pow Wow Hwy
Distance between this listing and this school23.35 miles
Public District Grades KG-8
Nearby Schools
2
/10
Detroit Lakes Area Learning Center
900 Highway 34 E
Distance between this listing and this school0.39 miles
Public District Grades 9-12
7
/10
Detroit Lakes Senior High School
1301 Roosevelt Ave
Distance between this listing and this school1.48 miles
Public District Grades 9-12
5
/10
Frazee Secondary School
305 N Lake St
Distance between this listing and this school9.57 miles
The neighbors living near this home have an average income of $34,389. Most Detroit Lakes, MN residents have annual incomes less than $35k. Typical family type is 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 355 Homestead St
What is the listing price of this property?
The listing price of 355 Homestead St property is $59,900.
What type of property is this?
The property 355 Homestead St is land located in Detroit Lakes, Minnesota, 56501.
Is this property for sale now?
Active Listing: 355 Homestead St 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 $1,232 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 355 Homestead St in Detroit Lakes, MN and zip code 56501. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $59,900.
In October 2024, from all listings sold in Detroit Lakes, MN there were more than 2 sold above asking price, over 17 sold below and more than 8 were sold right at the asked price. The number of homes for sale in Detroit Lakes, MN increased by 0.7% between September 2024 and October 2024. Listings spent 44 days on the market in October 2024, and had a median list price of $349,250 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Figure Skating
Figure Skating
Pro Wrestling
Extreme Sports
Kmart
Family Dollar
Academy Sports & Outdoors
Bob Evans
Dominos Pizza
Little Caesars
Buick
Ford
Chevrolet
Oldies
New Country
Country