NOT LISTED FOR SALE

5108 Rice Lake Rd Rice Lake, MN 55803

Estimated Value: $79,000

2.59 Acres
$30,502 Price per Acre
112,820 Sq Ft Lot

Last Sold August 29, 2019

Last sale price $75,000

Est. 5% increase in value since last sale

Current estimated payment $519/month

24 Days on Market

Highlights

  • RV Access or Parking
  • 2.59 Acre Lot
  • Storage Shed
  • Homecroft Elementary School Rated A-
  • Corner Lot

About This Lot

As of August 2019

Rare 2.59 Commercial Acres on the North East Corner of Rice Lake Rd and West Tischer Rd. There is a driveway and gate going into the property off the West Tischer Rd. Seller will remove whatever the buyer does not want from the property. Seller may accept a Contract for Deed with a large down payment.

Last Agent to Sell the Property

Ron Hanger

RE/MAX Results Listed on: 06/21/2019

Last Buyer's Agent

Mary Beth Nevers

Messina & Associates Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $504

Lot Details

  • 2.59 Acre Lot
  • Property fronts a county road
  • Corner Lot

Parking

  • RV Access or Parking

Outdoor Features

  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$504

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Rice Lake Rd North to West Tischer Rd property is on the Northeast Corner
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 28957.53
  • Property Sub-Type: Commercial
  • Tax Year: 2019
  • Twp Number: 51
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Paved, County

Garage/Parking

  • Parking Driveway: RV Parking

Utilities

  • Power Company: Minnesota Power

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2019-06-22
  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 2.59
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Corner Lot

Rental Info

  • Lease Terms: Cash, Contract for Deed

Tax Info

  • Tax Amount: 504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2015
Sold by
North Shore Bank Of Commerce
Bought by
Finn David
Current Estimated Value
$79,000

Purchase Details

Closed on
May 16, 2014
Sold by
State Of Minnesota
Bought by
Wallis E Sanford Ira

Purchase Details

Closed on
Mar 23, 2007
Sold by
North Shore Bank Of Commerce
Bought by
Finn David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 13, 2005
Sold by
Lamont Barbra S and Estate Of Ruby R Sweeney
Bought by
Finn David

Purchase Details

Closed on
Mar 1, 2004
Sold by
Lamont Barbra S and Estate Of Ruby R Sweeney
Bought by
Easy Housing Of Duluth Inc
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
Finn David $30,000 Attorney
Wallis E Sanford Ira $2,169 None Available
Finn David $30,000 Lakeview Title Inc
North Shore Bank Of Commerce -- Lakeview Title
Finn David $50,900 --
Easy Housing Of Duluth Inc $19,000 Pioneer
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saline Land Management Llc $272,000
Previous Owner Finn David $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $75,000 0.0% --
07/15/2019 07/15/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $75,000 -- --
Source: Lake Superior Area REALTORS®

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
2023 $5,586 $216,700 $47,600 $169,100
2022 $5,536 $206,400 $42,300 $164,100
2021 $496 $198,100 $20,300 $177,800
2020 $504 $21,700 $20,300 $1,400
2019 $504 $21,700 $20,300 $1,400
2018 $480 $21,700 $20,300 $1,400
2017 $622 $21,600 $20,200 $1,400
2016 $324 $21,000 $20,200 $800
2015 $330 $20,600 $19,800 $800
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ron Hanger

    RE/MAX

    (218) 349-4040

    5 in this area

    118 Total Sales

    Ron Hanger
    Section Image

  • M

    Buyer's Agent in 2019

    Mary Beth Nevers

    Messina & Associates Real Estate

    (218) 349-0702

    1 in this area

    38 Total Sales

    Mary Beth Nevers
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6084124

APN: 520001500231

Minnesota St Louis County Rice Lake 55803

5108 Rice Lake Rd, Rice Lake, MN

This home is located at 5108 Rice Lake Rd, Rice Lake, MN 55803 since 21 June 2019 and is currently priced at $79,000. 5108 Rice Lake Rd is a home located in St. Louis County with nearby schools including Homecroft Elementary School, Ordean East Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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