7 months on rocket

LOT4 W Lake Olaf Rd, Pelican Rapids, MN, 56572

$127,500

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front
ViewOther
MLS #6513174
StatusActive

About LOT4 W Lake Olaf Rd

Capture your slice of MN lakeshore here on West Lake Olaf! Vintage Up-North feel, 2.1 acre raw wooded lot with 182 frontage feet. Ready for your building plans with electricity buried and easily accessible. Located on a private cul-de-sac. A serene and peaceful property that is ready for what's next! Only 35 minutes to F-M area.

Property Details

Property Features

Listing Office:

  • Office Name: Jack Chivers Realty

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Other

Other

Directions Information:

  • Directions: From Pelican Rapids, West on Highway 108 to Highway 30 towards Norwegian Grove. West Lake Olaf Road is on your left. Follow that road South to private cul-de-sac to left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $127,500
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Housing Market Comparison

See how this home compares to others in Pelican Rapids, MN.

Med. Sold Price

$405K

Med. Price/SqFt

$212

Avg. Days On Market

106

# of Sold Homes

8

LOT4 W Lake Olaf Rd vs Pelican Rapids

232 DAYS ON ROCKET

+126 Days

$127,500

-$277.5K Less

KEY TAKEAWAY

This property is $277.5K less than the Median Sold Price in Pelican Rapids, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6513174

Listing Office:

  • Office Name: Jack Chivers Realty

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Last updated on: 11/24/2024, 11:22:48 AM 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

$704

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$449

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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-1135913
5
/10
  • Viking Elementary School

  • 1 Viking Dr

  • 5.73 miles

  • Public District Grades PK-6

school-card-donut-1135914
4
/10
  • Rothsay Elementary School

  • 2040 County Road 52

  • 9.12 miles

  • Public District Grades PK-6

school-card-donut-1135915
6
/10
  • Barnesville Elementary School

  • 305 5th St SE

  • 11.14 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,119. The majority of Pelican Rapids, MN residents have income between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About LOT4 W Lake Olaf Rd

What is the listing price of this property?

The listing price of LOT4 W Lake Olaf Rd property is $127,500.

What type of property is this?

The property LOT4 W Lake Olaf Rd is land located in Pelican Rapids, Minnesota, 56572.

Is this property for sale now?

Active Listing: LOT4 W Lake Olaf Rd is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesMinnesotaOtter Tail CountyPelican Rapids56572LOT4 W Lake Olaf Rd

This home is located at LOT4 W Lake Olaf Rd in Pelican Rapids, MN and zip code 56572. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $127,500.

Pelican Rapids, MN housing market in October 2024 saw over 3 listings sold above listed price, more than 0 sold at listed price and over 5 sold below. Between September 2024 and October 2024, Pelican Rapids, MN real estate market has seen decrease in the number of listings by 11.1%. In October 2024, listings were on the market for 106 days. During the same period, the median list price in this real estate market was $405,000.

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

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