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LT0 256th Ave, Salem, WI, 53168

$497,000

27.27 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #1899828
Lot Size27.27 Acres
StatusActive

About LT0 256th Ave

With infrastructure costs making most development properties on the market cost prohibitive, this property is priced with that in mind. 70 platted lots and road right of ways are in place with the Village of Paddock Lake and the current taxes are very low per the agricultural use assessment. The seller currently farms this property and would offer a crop lease of $220 per tillable acre for 2025 and until no longer necessary. Prior to closing, Seller will have a utility and R.O.W. easement created to allow access to sewer and gas through the 21 acre parcel to the east and access from 248th St.

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: 27.27 Acres

Other

Directions Information:

  • Directions: Access from the east side of State HWY 75 about 1/3 of a mile south of 60th St. and about 2/3 of a mile north of HWY 50

Municipality:

  • Paddock Lake

Price Information

Listing Price Info

Price Summary:

  • List Price: $497,000
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Housing Market Comparison

See how this home compares to others in Salem, WI.

Med. Sold Price

$335K

Med. Price/SqFt

$206

Avg. Days On Market

25

# of Sold Homes

25

LT0 256th Ave vs Salem

2 DAYS ON ROCKET

-23 Days

$497,000

+$162K More

KEY TAKEAWAY

This property is $162K more than the Median Sold Price in Salem, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_METRO
  • MLS Number: #1899828

Listing Office:

  • Office Name: Keller Williams Realty-Milwaukee Southwest
  • Office Phone: (262) 599-8980
  • Listing Agent: Outdoor Dreams Team*

© 2024 WIREX - All Rights Reserved.

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, 3:20:54 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

$2,548

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,557

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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-173652
7
/10
  • W C Petty Elementary School

  • 850 Highview Dr

  • 3.20 miles

  • Public District Grades KG-5

school-card-donut-173653
6
/10
  • Hillcrest Elementary School

  • 433 E Depot St

  • 4.08 miles

  • Public District Grades KG-5

school-card-donut-173654
6
/10
  • Oakland Elementary School

  • 818 E Grass Lake Rd

  • 6.44 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,229. Residents of Salem, WI typically earn between $35k-100k each year. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About LT0 256th Ave

What is the listing price of this property?

The listing price of LT0 256th Ave property is $497,000.

What type of property is this?

The property LT0 256th Ave is land located in Salem, Wisconsin, 53168.

Is this property for sale now?

Active Listing: LT0 256th Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property LT0 256th Ave is 27.27 acres.
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Rocket HomesWisconsinKenosha CountySalem53168LT0 256th Ave

This home is located at LT0 256th Ave in Salem, WI and zip code 53168 in the Camp Lake neighborhood. This home sits on a 27.27 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $497,000.

In October 2024, from all listings sold in Salem, WI there were more than 7 sold above asking price, over 13 sold below and more than 5 were sold right at the asked price. 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.

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