Whether you are looking to build a single residence on acreage or are a developer looking for your next project, this might be the property for you. Current zoning is ''A-1'' and taxes per the agricultural use assessment are very low. You can take advantage of this until you are ready to move forward with your plans. The Seller currently farms this property and would offer a crop lease of $220 per tillable acre for 2025 and beyond. If necessary, Seller will have a utility easement created prior to closing that will run the length of the northern boundary to allow access to sewer and gas through this 21-acre parcel to support his other property to the west.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty-Milwaukee Southwest
Office Phone: (262) 599-8980
Listing Agent: Outdoor Dreams Team*
Lot Features
Lot Information:
Lot Size: 21.00 Acres
Other
Directions Information:
Directions: From 94 go west about 8 miles and turn right on 248th Avenue. Go north less than 1 mile and property is on your left
Municipality:
Paddock Lake
Price Information
Listing Price Info
Price Summary:
List Price: $420,000
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 Salem, WI.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 10:20:53 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,164
Per Month
Principal & Interest
$2,097
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
$1,326
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
7
/10
W C Petty Elementary School
850 Highview Dr
Distance between this listing and this school5.41 miles
Public District Grades KG-5
6
/10
Hillcrest Elementary School
433 E Depot St
Distance between this listing and this school5.68 miles
Public District Grades KG-5
6
/10
Oakland Elementary School
818 E Grass Lake Rd
Distance between this listing and this school8.30 miles
Public District Grades KG-5
Nearby Schools
6
/10
Salem Elementary School
8828 Antioch Rd
Distance between this listing and this school0.71 miles
Public District Grades PK-8
7
/10
Bristol Elementary School
20121 83rd St
Distance between this listing and this school2.87 miles
Public District Grades PK-8
8
/10
Riverview Elementary School
300 E Prosser St
Distance between this listing and this school3.10 miles
Public District Grades PK-8
Nearby Schools
6
/10
Central High School
24617 75th St
Distance between this listing and this school0.61 miles
Public District Grades 9-12
5
/10
Wilmot High School
11112 308th Ave
Distance between this listing and this school4.83 miles
Public District Grades 9-12
8
/10
Antioch Community High School
1133 Main St
Distance between this listing and this school6.01 miles
The neighbors living near this home have an average income of $88,663. The majority of Salem, WI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LT0 248th Ave
What is the listing price of this property?
The listing price of LT0 248th Ave property is $420,000.
What type of property is this?
The property LT0 248th Ave is land located in Salem, Wisconsin, 53168.
Is this property for sale now?
Active Listing: LT0 248th Ave 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 LT0 248th Ave in Salem, WI and zip code 53168. This home sits on a 21.00 acre lot. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $420,000.
While more than 7 listings in Salem, WI in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 13 were sold below. The number of listings in Salem, WI increased by 11% between September 2024 and October 2024. In October 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $335,000.
From Rocket Homes Real Estate and based on county public records data.
Soccer
Soccer
NASCAR
College Football
Old Navy
Dick's Sporting Goods
Best Buy
Jimmy Johns
Arbys
Texas Roadhouse
GMC
Ram
Kia
New Country
Adult Hits
Contemporary Christian