Introducing three prime parcels of land totaling 130.78 acres. Nestled adjacent to a thriving housing development and near Foley Public Schools, these parcels present an exceptional opportunity for both residential and commercial ventures. The City of Foley has already granted zoning approvals for various residential options including single-family homes, twin homes, condos and high density multi-apartment buildings, as well as commercial development. Conveniently situated within Foley's city limits, the 80-acre tract enjoys frontage along State Highway 25 north and Norman Avenue, the latter being home to Foley's Public Schools. With sewer and utilities already in place along Norman Avenue, facilitated by the city's proactive planning and zoning initiatives, development prospects are primed for success. Located just 15 miles NE of Saint Cloud, Foley serves as the vibrant county seat of Benton County positioning these parcels at the nexus of growth and opportunity.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty
Lot Features
Lot Information:
Lot: Some Trees
Other
Directions Information:
Directions: Driving from Saint Cloud, Mn, take MN-23E to Foley (13.1 mi), then turn left on Norman Ave N (0.3mi) and stay on Norman Ave N (500ft) destination on left.
Price Information
Listing Price Info
Price Summary:
List Price: $3,100,000
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 Foley, 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: 12/21/2024, 11:52:49 PM 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.
$15.5K
Per Month
Principal & Interest
$15.4K
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
$9,360
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
9
/10
Foley Elementary School
743 Penn St
Distance between this listing and this school0.41 miles
Public District Grades PK-3
5
/10
Mississippi Heights Elementary School
1003 4th St S
Distance between this listing and this school12.63 miles
Public District Grades KG-5
7
/10
Pleasantview Elementary School
1009 6th Ave N
Distance between this listing and this school13.23 miles
Public District Grades KG-5
Nearby Schools
6
/10
Foley Intermediate School
840 Norman Ave N
Distance between this listing and this school0.28 miles
Public District Grades 4-8
5
/10
Sauk Rapids-Rice Middle School
901 1st St S
Distance between this listing and this school12.70 miles
Public District Grades 6-8
3
/10
South Junior High School
1120 15th Ave S
Distance between this listing and this school14.87 miles
Public District Grades 6-8
Nearby Schools
6
/10
Foley High School
621 Penn St
Distance between this listing and this school0.30 miles
Public District Grades 9-12
6
/10
Sauk Rapids-Rice High School
1835 Osauka Rd
Distance between this listing and this school11.00 miles
Public District Grades 9-12
4
/10
Milaca Area Learning Center
500 Highway 23 W
Distance between this listing and this school13.65 miles
The neighbors living near this home have an average income of $48,019. The majority of Foley, MN residents have income between $35k-100k annually. The majority of families are married, with kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 709 Norman Ave N
What is the listing price of this property?
The listing price of 709 Norman Ave N property is $3,100,000.
What type of property is this?
The property 709 Norman Ave N is land located in Foley, Minnesota, 56329.
Is this property for sale now?
Active Listing: 709 Norman Ave N 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 709 Norman Ave N in Foley, MN and zip code 56329. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $3,100,000.
In November 2024, from all listings sold in Foley, MN there were more than 2 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price. In November 2024 in Foley, MN there were 10.5% less homes for sale than in October 2024. In November 2024 median list price was $293,500 and the average listing age was 9 days.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
Monster Trucks
NASCAR
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Jimmy Johns
Hardee's
Applebees
Chevrolet
Ram
GMC
New Country
Classic Country