$55,000
SOLD MAY 2, 2025

38946 7th Ave North Branch, MN 55056

0.18 Acre
$305,556 Price per Acre
7,841 Sq Ft Lot

Recently Sold

15% Below List Price

500 Days on Market

About This Lot

As of May 2025

Build to suit or design your own on this prime mixed-use property in the heart of town. Zoned Central Business District, this lot offers incredible flexibility for commercial, retail, and residential development, with recent zoning updates allowing duplexes, four-plexes, and buildings up to three stories. Conveniently located within walking distance to downtown, it provides an excellent opportunity for a live-work space, multi-family housing, or business venture. Additionally, the property is situated in an Opportunity Zone, offering potential investment incentives. With endless possibilities, this is a rare chance to create something truly special.

Last Agent to Sell the Property

Robert Boyce

Realty Executives Top Results Listed on: 12/15/2023

Realty Executives Top Results

Last Buyer's Agent

Kelly Sowada

10K Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $774

Lot Details

  • Lot Dimensions are 80x100
  • Finished Lot(s)

Community Details

  • No Home Owners Association
  • North Branch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160025310

Property Details

Property Type

Land

Est. Annual Taxes

$774

Lot Details

0

Listing Details

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

Interior Features

  • Inclusions: For Sale Sign

Utilities

  • Utilities: None Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: North Branch
  • SchoolDistrictNumber: 138
  • SchoolDistrictPhone: 651-674-1000

Lot Info

  • Topography: Level
  • Lot Size: 80x100
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 160025310
  • Tax Annual Amount: 774
  • TaxWithAssessments: 774.0000

Range of Values:

Collateral Analytics

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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

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 For Sale $549,900 +899.8% $224 / Sq Ft
05/02/2025 05/02/25 Sold $55,000 -15.4% --
04/29/2025 04/29/25 Pending -- -- --
12/15/2023 12/15/23 For Sale $65,000 -- --
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kelly Sowada

    Seller's Agent in 2025

    Kelly Sowada

    10K Realty

    (612) 750-6426

    1 in this area

    59 Total Sales

    Kelly Sowada
    Section Image
  • Robert Boyce

    Seller's Agent in 2025

    Robert Boyce

    Realty Executives

    (651) 248-3498

    39 in this area

    200 Total Sales

    Robert Boyce
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Cora Olson

    10K Realty

    (763) 245-1871

    56 Total Sales

    Cora Olson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6466801

NorthstarMLS

Minnesota Chisago County North Branch 55056

38946 7th Ave, North Branch, MN

This home is located at 38946 7th Ave, North Branch, MN 55056 and is currently priced at $55,000. 38946 7th Ave is a home located in Chisago County with nearby schools including North Branch Middle School, Sunrise River Elementary School, and North Branch Senior High School.

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