$119,000
SOLD JUL 22, 2025

40581 509th Ln Palisade, MN 56469

40 Acres
$2,975 Price per Acre
1,742,400 Sq Ft Lot

Recently Sold

0 Day on Market

About This Lot

As of July 2025

Nice 40 acres that's great for hunting or use as a fantastic building site. There's a small stream running through the property. There's also a drilled well, electric meter and a travel trailer and garage that come with the property.

Last Agent to Sell the Property

Jeremy Johnson

Positive Realty Listed on: 06/09/2025

Last Buyer's Agent

William Rickmeyer

RE/MAX Results - Nisswa

RE/MAX Results - Nisswa

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $436

Lot Details

  • Lot Dimensions are 1320x1320
  • Zoning described as Agriculture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 520011000

Property Details

Property Type

Land

Est. Annual Taxes

$436

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: None

Utilities

  • Utilities: Electricity Connected, Private Well Connected, Electricity Available, Private Well Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Aitkin
  • SchoolDistrictPhone: 218-927-2115

Lot Info

  • Topography: Level
  • Lot Size: 1320x1320
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • AssessmentPending: No
  • All Program Acres: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 520011000
  • Tax Annual Amount: 436
  • TaxWithAssessments: 436.0000
  • TaxableAcres: 40.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2025
Closed on
Jul 16, 2025
Sold by
Lambert Janice
Bought by
Ehlke-Bejcek Sara
Seller's Agent
Jeremy Johnson
Positive Realty
Buyer's Agent
William Rickmeyer
RE/MAX Results - Nisswa
List Price
$119,000
Sold Price
$119,000
Views
1
Current Estimated Value
$126,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,338
Avg. Annual Appreciation
12.45%

Purchase Details

Listed on
Aug 21, 2014
Closed on
Sep 24, 2014
Sold by
Wilhelm Douglas Douglas
Bought by
Lambert Janice
Seller's Agent
Jeremy Janzen
Cummings Janzen Realty, Inc
Buyer's Agent
Jeremy Johnson
Positive Realty
List Price
$84,900
Sold Price
$72,000
Premium/Discount to List
-$12,900
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Nov 1, 2004
Bought by
Lambert Janice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Type Sale Price Title Company
Deed $119,000 --
Deed $72,000 --
Warranty Deed $77,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2025 07/22/25 Sold $119,000 0.0% --
06/09/2025 06/09/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $119,000 +65.3% --
09/25/2014 09/25/14 Sold $72,000 -15.2% -- View Prior Sale
09/09/2014 09/09/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $84,900 -- --
Source: NorthstarMLS

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 $436 $97,800 $91,400 $6,400
2024 $358 $100,500 $95,000 $5,500
2023 $340 $82,100 $76,600 $5,500
2022 $364 $69,800 $65,100 $4,700
2021 $354 $56,200 $50,200 $6,000
2020 $376 $57,400 $51,400 $6,000
2019 $384 $58,400 $52,400 $6,000
2018 $392 $57,300 $51,600 $5,700
2017 $274 $59,500 $54,100 $5,400
2016 $260 $46,200 $46,200 $0
2014 $238 $42,200 $42,200 $0
2012 $3 $53,300 $53,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6735538

NorthstarMLS

APN: 52-0-011000