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
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 Lino Lakes, 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: 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
YEAR
PROP. TAX
ASSESSMENT
2021
$1,671
$758,100
2018
$2,332
$384,068
2017
$2,115
$370,107
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15K
Per Month
Principal & Interest
$14.9K
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
$9,061
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
6
/10
Oneka Elementary School
4888 Heritage Pkwy N
Distance between this listing and this school1.54 miles
Public District Grades 2-5
6
/10
Centerville Elementary
1721 Westview Ave
Distance between this listing and this school1.81 miles
Public District Grades KG-5
6
/10
Lino Lakes Elementary
725 Main St
Distance between this listing and this school3.47 miles
Public District Grades KG-6
Nearby Schools
6
/10
Centennial Middle School
399 Elm St
Distance between this listing and this school4.53 miles
Public District Grades 6-8
6
/10
Central Middle School
4857 Bloom Ave
Distance between this listing and this school6.83 miles
Public District Grades 6-8
4
/10
North Lakes Academy Middle School
4576 232nd St N
Distance between this listing and this school7.03 miles
Public Charter Grades 6-8
Nearby Schools
7
/10
Lakes International Language Academy-Headwaters
19850 Fenway Ave N
Distance between this listing and this school3.83 miles
Public Charter Grades 6-12
1
/10
Pines School - Rjc
7555 4th Ave
Distance between this listing and this school4.44 miles
Public District Grades 6-12
1
/10
Pines School - Acs
7555 4th Ave
Distance between this listing and this school4.44 miles
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).
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 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.