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.
Property Details
Property Features
Listing Office:
Office Name: Edina Realty, Inc.
Lot Features
Lot Information:
Lot: Irregular Lot, Few Trees
Other
Directions Information:
Directions: 35E North to 95. East two miles to Hemingway. North to property.
Price Information
Listing Price Info
Price Summary:
List Price: $725,000
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 North Branch, 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: 12/22/2024, 8:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,686
Per Month
Principal & Interest
$3,619
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
$2,240
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
5
/10
Sunrise River Elementary School
37775 Grand Ave
Distance between this listing and this school1.93 miles
Public District Grades KG-4
7
/10
Lakeside Elementary
29678 Karmel Ave
Distance between this listing and this school10.46 miles
Public District Grades 3-5
5
/10
C. E. Jacobson Elementary
95 S Harte Ave
Distance between this listing and this school11.50 miles
Public District Grades KG-6
Nearby Schools
3
/10
North Branch Area Middle School
38431 Lincoln Trl
Distance between this listing and this school1.05 miles
Public District Grades 5-8
8
/10
Phoenix Academy Charter School
8460 Lincoln Trail Suite 1
Distance between this listing and this school1.23 miles
Public Charter Grades KG-7
6
/10
Chisago Lakes Middle School
13750 Lake Blvd
Distance between this listing and this school11.15 miles
Public District Grades 6-8
Nearby Schools
2
/10
North Branch Lab School Area Learning Center
38423 Lincoln Trl
Distance between this listing and this school1.05 miles
Public District Grades 7-12
3
/10
Distance Learning Program
38423 Lincoln Trl
Distance between this listing and this school1.05 miles
Public District Grades KG-12
4
/10
North Branch Area High School
38175 Grand Ave
Distance between this listing and this school1.48 miles
The neighbors living near this home have an average income of $44,201. Most North Branch, MN residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 39590 Hemingway Ave
What is the listing price of this property?
The listing price of 39590 Hemingway Ave property is $725,000.
What type of property is this?
The property 39590 Hemingway Ave is land located in North Branch, Minnesota, 55056.
Is this property for sale now?
Active Listing: 39590 Hemingway Ave is For Sale (Active/New) which means the seller is accepting offers.
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 39590 Hemingway Ave in North Branch, MN and zip code 55056. It has been listed on Rocket Homes since July 01, 2021 and is currently priced at $725,000.
North Branch, MN housing market in November 2024 saw over 3 listings sold above listed price, more than 7 sold at listed price and over 4 sold below. Between October 2024 and November 2024, North Branch, MN real estate market has seen increase in the number of listings by 5.1%. While the average time on the market in November 2024 was 36 days, the median list price was $348,187.
From Rocket Homes Real Estate and based on county public records data.
College Football
College Football
Pro Wrestling
Extreme Sports
Express/Express For Men
Family Dollar
Best Buy
Sonic
Dominos Pizza
Texas Roadhouse
Kia
Ford
Ram
New Country
Contemporary Christian
Country