2 months on rocket

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

School Info

Assigned Schools Information:

  • Delano High School, Public District Grades 9-12
  • Delano Middle School, Public District Grades 5-8
  • Delano Elementary School, Public District Grades KG-4

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

83 DAYS ON ROCKET

+49 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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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.

Elementary School

school-card-donut-1952439
7
/10
  • Delano Elementary School

  • 678 Tiger Dr

  • 1.58 miles

  • Public District Grades KG-4

Middle School

school-card-donut-1952440
9
/10
  • Delano Middle School

  • 700 Elm Ave E

  • 1.81 miles

  • Public District Grades 5-8

High School

school-card-donut-1952441
9
/10
  • Delano High School

  • 700 Elm Ave E

  • 1.81 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,449. Typical income of Delano, MN residents is between $35k-100k annually. Most families are 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 are the assigned schools for this property?

The assigned schools for 5521 Farmington Ave SE are:
Delano Elementary School: GreatSchools Rating 7/10
Delano Middle School: GreatSchools Rating 9/10
Delano High School: GreatSchools Rating 9/10

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 more than 4 listings in Delano, MN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 12 were sold below. The inventory of homes for sale in Delano, MN between September 2024 and October 2024 increased 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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