7 months on rocket

7766 20th Ave, Lino Lakes, MN, 55038

$3,000,000

Land

Location

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Property Highlights

Home TypeOther
MLS #6507087
StatusActive

About 7766 20th Ave

Prime transitional investment land located in the path of growth! Has a future guided use of 50 Acres of Industrial and 30 Acres of Residential. Lennar is developing the Watermark Neighborhood to the south, consisting of single-family homes and townhouses. Mega Eagle Brook Church Campus is across the street. There is over 1,300 SF of frontage on 35E, which is used by over 40,000 vehicles per day. The home on site, with 2 outbuildings, has potential for rental income. The farmland is leased. This is a great investment for land packaging. It is also an excellent 1031 option.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Results

Other

Directions Information:

  • Directions: 34 E to County Rd 14 Exit, West to Right turn on 20th Ave N to property on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,000,000

Tax Information:

  • Annual Amount: $1,671
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lino Lakes, MN.

Med. Sold Price

$450K

Med. Price/SqFt

$196

Avg. Days On Market

33

# of Sold Homes

23

7766 20th Ave vs Lino Lakes

212 DAYS ON ROCKET

+179 Days

$3,000,000

+$2.5M More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price in Lino Lakes, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6507087

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 11/17/2024, 9:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,671$758,100
2018$2,332$384,068
2017$2,115$370,107

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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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-485393
6
/10
  • Oneka Elementary School

  • 4888 Heritage Pkwy N

  • 1.54 miles

  • Public District Grades 2-5

school-card-donut-485394
6
/10
  • Centerville Elementary

  • 1721 Westview Ave

  • 1.81 miles

  • Public District Grades KG-5

school-card-donut-485395
6
/10
  • Lino Lakes Elementary

  • 725 Main St

  • 3.47 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,565. Residents of Lino Lakes, MN typically earn between $35k-100k each year. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7766 20th Ave

What is the listing price of this property?

The listing price of 7766 20th Ave property is $3,000,000.

What type of property is this?

The property 7766 20th Ave is land located in Lino Lakes, Minnesota, 55038.

Is this property for sale now?

Active Listing: 7766 20th Ave 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 $1,671 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaWashington CountyLino Lakes550387766 20th Ave

This home is located at 7766 20th Ave in Lino Lakes, MN and zip code 55038. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $3,000,000.

Lino Lakes, MN housing market in October 2024 saw over 7 listings sold above listed price, more than 7 sold at listed price and over 9 sold below. In October 2024 in Lino Lakes, MN there were 17.9% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $450,000, while the average time on the real estate market was 33 days.

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

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