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5521 Farmington Ave SE, Delano, MN, 55328

$1,990,000

Land

Location

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Property Highlights

Home TypeOther
MLS #6585263
StatusActive

About 5521 Farmington Ave SE

This 123.97 acre property located just a couple miles north of Delano off Farmington Ave has it all. Seclusion, farmland, mature woods, wildlife and rolling topography with phenomenal country views. Located in a prime location and in the coveted Delano School District. The property has one building entitlement if your looking to build your country home or equestrian estate. If your a developer and interested in developing the property that is an option as well. See concept plan in documents. Seller is open to all offers and ideas. Properties like this don't come for sale often. Don't miss out on this opportunity!

Property Details

Property Features

Listing Office:

  • Office Name: LandProz Real Estate, LLC

Lot Features

Lot Information:

  • Lot: Irregular Lot, Farm, Some Trees

Other

Directions Information:

  • Directions: From Delano head northeast on River St N for approximately 2.4 miles. Turn left onto Farmington Ave SE for 1.2 miles. Property will be located on your left. For Sale Sign at driveway entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,990,000

Tax Information:

  • Annual Amount: $6,848
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$444.9K

Med. Price/SqFt

$188

Avg. Days On Market

34

# of Sold Homes

18

5521 Farmington Ave SE vs Delano

101 DAYS ON ROCKET

+67 Days

$1,990,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Delano, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6585263

Listing Office:

  • Office Name: LandProz Real Estate, LLC

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Last updated on: 11/23/2024, 10:22:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 07, 2015Home Sold
$720,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,848$803,300
2019$6,260$728,200
2018$6,680$727,900
2017$6,634$727,700

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,033

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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-864141
7
/10
  • Delano Elementary School

  • 678 Tiger Dr

  • 1.56 miles

  • Public District Grades KG-4

school-card-donut-864142
4
/10
  • Rockford Elementary School

  • 7650 County Road 50

  • 3.16 miles

  • Public Magnet Grades KG-4

school-card-donut-864143
3
/10
  • Montrose Elementary School of Innovation

  • 100 2nd St S

  • 6.14 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,449. Residents of Delano, MN typically earn between $35k-100k each year. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5521 Farmington Ave SE

What is the listing price of this property?

The listing price of 5521 Farmington Ave SE property is $1,990,000.

What type of property is this?

The property 5521 Farmington Ave SE is land located in Delano, Minnesota, 55328.

Is this property for sale now?

Active Listing: 5521 Farmington Ave SE 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 $6,848 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 7, 2015 for $720,000. (source: MLS/tax record).
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Rocket HomesMinnesotaWright CountyDelano553285521 Farmington Ave SE

This home is located at 5521 Farmington Ave SE in Delano, MN and zip code 55328. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $1,990,000.

In October 2024, from all listings sold in Delano, MN there were more than 4 sold above asking price, over 12 sold below and more than 2 were sold right at the asked price. Between September 2024 and October 2024, Delano, MN real estate market has seen increase in the number of listings by 17.7%. While the average time on the market in October 2024 was 34 days, the median list price was $444,900.

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

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