4 months on rocket

TBD 316th Ave, Vergas, MN, 56587

$749,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front
MLS #6553081
StatusActive

About TBD 316th Ave

Rare opportunity! 1000' frontage and 20+ acres on beautiful Loon Lake, Vergas!! Tucked away off the highway but still just minutes out of Vergas, is a rare gem you don't want to miss! This blank canvas is waiting for you to paint the picture, so many options!! Loon lake has over 1000 acres, big enough for all your fishing and boating! Vergas boasts multiple restaurants, gas stations, shopping, and so much more!!

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX LAKES REGION

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Other

Directions Information:

  • Directions: From Vergas State Bank Head southwest on E Main St toward S 1st Ave 46 ft Turn left at the 1st cross street onto S 1st Ave 377 ft Turn right onto W Linden St 371 ft Continue onto S Pelican Ave 0.6 mi Turn left onto E Looney Ln 2.7 mi Turn right onto Mallard Dr Destination will be on the right 1.1mi

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000
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Housing Market Comparison

See how this home compares to others in Vergas, MN.

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Vergas, MN

City

Med. Sold Price

$290K

Med. Price/SqFt

$206

Avg. Days On Market

28

# of Sold Homes

2

TBD 316th Ave vs Vergas

149 DAYS ON ROCKET

+121 Days

$749,000

+$459K More

KEY TAKEAWAY

This property is $459K more than the Median Sold Price in Vergas, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6553081

Listing Office:

  • Office Name: RE/MAX LAKES REGION

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Last updated on: 11/13/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

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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-25751
6
/10

  • Frazee Elementary School

  • Hickory Ave

  • 10.08 miles

  • Public District Grades PK-6

school-card-donut-25752
3
/10

  • Heart of the Lake Elementary School

  • 810 2nd Ave SW

  • 12.06 miles

  • Public District Grades PK-4

school-card-donut-25753
5
/10

  • Viking Elementary School

  • 1 Viking Dr

  • 12.48 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,036. The most common annual income of people living in Vergas, MN is between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBD 316th Ave

What is the listing price of this property?

The listing price of TBD 316th Ave property is $749,000.

What type of property is this?

The property TBD 316th Ave is land located in Vergas, Minnesota, 56587.

Is this property for sale now?

Active Listing: TBD 316th Ave is For Sale (Active/New) which means the seller is accepting offers.
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Rocket Homes›Minnesota›Otter Tail County›Vergas›56587›TBD 316th Ave

This home is located at TBD 316th Ave in Vergas, MN and zip code 56587. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $749,000.

Over 0 listings were sold over their listed price in October 2024 in Vergas, MN. In the same period over 0 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Vergas, MN increased by 5.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 28 days, the median list price was $290,000.

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

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