NOT LISTED FOR SALE

110 State Highway 55 Kimball, MN 55353

Estimated Value: $269,871

2 Acres
$134,936 Price per Acre
87,120 Sq Ft Lot

Last Sold April 29, 2023

Last sale price $239,000

Est. 13% increase in value since last sale

Current estimated payment $1,631/month

1,349 Days on Market

Highlights

  • Corner Lot
  • Kimball High School Rated 9+
  • No HOA

About This Lot

As of April 2023

Prime commercial land opportunity. Prized location with exposure from 2 major highways. Heavy daily traffic count so your new business venture will not lack exposure. The most desired commercial lot in the area is available. Would make a great spot for a strip mall, office park or retail outlet for multiple tenants. Ideal location for bank or credit union with drive thru. Customers will love the convenience and access of the location. Ready for your business venture.

Last Agent to Sell the Property

Gary Dagner

Oak Realty LLP Listed on: 06/14/2019

Last Buyer's Agent

Gary Dagner

Oak Realty LLP Listed on: 06/14/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,210

Lot Details

  • Lot Dimensions are 265x208x422x170
  • Corner Lot
  • Finished Lot(s)

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 60343310000

Property Details

Property Type

Land

Est. Annual Taxes

$3,210

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: For Sale Sign

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Kimball
  • SchoolDistrictNumber: 739
  • SchoolDistrictPhone: 320-398-5585

Lot Info

  • Topography: Level
  • Lot Size: 265x208x422x170
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Industrial
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 60343310000
  • Tax Annual Amount: 3210
  • TaxWithAssessments: 3210.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Apr 28, 2023
Sold by
Mattson Randall and Mattson Rosalie
Bought by
Dakota Partnership Properties Llc
Seller's Agent
Gary Dagner
Oak Realty LLP
Buyer's Agent
Gary Dagner
Oak Realty LLP
List Price
$285,000
Sold Price
$239,000
Premium/Discount to List
-$46,000
-16.14%
Current Estimated Value
$269,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,871
Avg. Annual Appreciation
5.06%
Original Mortgage
$389,000
Outstanding Balance
$378,591
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$108,720

Purchase Details

Closed on
May 3, 1994
Sold by
Becbro Inc
Bought by
Arnold Timothy and Arnold Diane
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dakota Partnership Properties Llc $389,000 --
Arnold Timothy $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dakota Partnership Properties Llc $389,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2023 04/29/23 Sold $239,000 0.0% --
02/22/2023 02/22/23 Pending -- -- --
08/07/2020 08/07/20 Price Changed $239,000 -16.1% --
06/14/2019 06/14/19 For Sale $285,000 -- --
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,406 $134,700 $131,600 $3,100
2024 $2,440 $135,100 $131,600 $3,500
2023 $2,440 $130,100 $126,800 $3,300
2022 $3,210 $128,400 $125,000 $3,400
2021 $3,438 $128,400 $125,000 $3,400
2020 $3,454 $129,000 $125,000 $4,000
2019 $3,582 $128,500 $128,500 $0
2018 $3,784 $128,500 $128,500 $0
2017 $4,618 $128,500 $128,500 $0
2016 $4,520 $0 $0 $0
2015 $6,922 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5248148

NorthstarMLS

APN: 60.34331.0000