5+ acre lot on beautiful Franklin Lake, Fully wooded with perfect elevation for a walk out home and plenty of lakeside yard. Facing SW to take in the Beautiful MN Sunsets. There are very few of these opportunities left on a desirable lake less an hour from Fargo-Moorhead. Live your Dream!
Property Details
Property Features
Listing Office:
Office Name: HomeSmart Adventure Realty
Office Phone: (218) 844-4440
Listing Agent: Robb Johnson
Lot Features
Lot Information:
Lot Size: 5.20 Acres
School Info
Assigned Schools Information:
Pelican Rapids Secondary School, Public District Grades 7-12
Viking Elementary School, Public District Grades PK-6
Other
Directions Information:
Directions: Hwy 59 then south on County Rd #31 for 2 miles then west on Franklin Lake Rd to the property.
Price Information
Listing Price Info
Price Summary:
List Price: $219,000
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 Pelican Rapids, MN.
This property is $186K 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: FMR
MLS Number: #6535237
Listing Office:
Office Name: HomeSmart Adventure Realty
Office Phone: (218) 844-4440
Listing Agent: Robb Johnson
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the RMLS. Real estate listings other than this broker are marked with the Broker Reciprocity logo and the view of detailed information about them includes the name of the listing broker. Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All property listing data is Copyright 2001-2024 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS® RMLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/1/2024, 10:10:53 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.
$1,161
Per Month
Principal & Interest
$1,094
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
$723
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.
Elementary School
5
/10
Viking Elementary School
1 Viking Dr
Distance between this listing and this school8.38 miles
Public District Grades PK-6
High School
6
/10
Pelican Rapids Secondary School
310 S Broadway
Distance between this listing and this school8.32 miles
Public District Grades 7-12
Assigned Schools
5
/10
Viking Elementary School
1 Viking Dr
Distance between this listing and this school8.38 miles
Public District Grades PK-6
Nearby Schools
6
/10
Rossman Elementary School
1221 Rossman Ave
Distance between this listing and this school11.95 miles
Public District Grades PK-5
4
/10
Roosevelt Elementary School
510 11th Ave
Distance between this listing and this school13.07 miles
Public District Grades PK-4
Nearby Schools
5
/10
Detroit Lakes Middle School
510 11th Ave
Distance between this listing and this school13.07 miles
Public District Grades 5-8
5
/10
Prairie Wind Middle School
480 Coney St W
Distance between this listing and this school19.05 miles
Public District Grades 5-8
Assigned Schools
6
/10
Pelican Rapids Secondary School
310 S Broadway
Distance between this listing and this school8.32 miles
Public District Grades 7-12
Nearby Schools
6
/10
Detroit Lakes Senior High School
1301 Roosevelt Ave
Distance between this listing and this school12.17 miles
Public District Grades 9-12
2
/10
Detroit Lakes Area Learning Center
826 Summit Ave
Distance between this listing and this school12.45 miles
The neighbors living near this home have an average income of $68,284. Residents of Pelican Rapids, MN typically earn between $35k-100k each year. Typical family type is married, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD Franklin Lake Rd
What is the listing price of this property?
The listing price of TBD Franklin Lake Rd property is $219,000.
What type of property is this?
The property TBD Franklin Lake Rd is land located in Pelican Rapids, Minnesota, 56572.
Is this property for sale now?
Active Listing: TBD Franklin Lake Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for TBD Franklin Lake Rd are: Viking Elementary School: GreatSchools Rating 5/10Pelican Rapids Secondary School: GreatSchools Rating 6/10
How much acreage is this property?
The property TBD Franklin Lake Rd is 5.20 acres.
Interested in TBD Franklin Lake Rd? Let's connect.
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 TBD Franklin Lake Rd in Pelican Rapids, MN and zip code 56572. This home sits on a 5.20 acre lot. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $219,000.
While more than 3 listings in Pelican Rapids, MN in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 5 were 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%. The median list price of listings available in October 2024 was $405,000, while the average time on the real estate market was 106 days.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
NASCAR
Figure Skating
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country