$1,200,000

5241 Miller Trunk Hwy Hermantown, MN 55811

Estimated payment $8,492/month

Total Views 35,380
4 Acres
$300,000 Price per Acre
174,240 Sq Ft Lot

About This Lot

Here is your opportunity to own and use this 4-acre site for your newest Commercial dream. Situated on high usable ground on a corner lot on the very busy Miller Trunk Highway/Hwy 53. There’s room for storage, there’s room for building sites and a great visual site by thousands of motor vehicles every day. It is zoned general commercial and has the utilities onsite. There are buildings on the property that could help you provide cash flow as you get your plans together.

Listing Agent

Tommy Archer

Coldwell Banker Realty Brokerage Phone: 218-393-5995 Listed on: 10/29/2024

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,381

Lot Details

  • Additional Parcels

Community Details

  • No Home Owners Association
  • Matthew Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 395013300010

Property Details

Property Type

Land

Est. Annual Taxes

$22,381

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Other
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Paved Streets
  • Attribution Contact: 218-393-5995
  • Attribution Contact: 218-393-5995
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: For Sale Sign

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hermantown
  • SchoolDistrictNumber: 700
  • SchoolDistrictPhone: 218-729-9313

Lot Info

  • Topography: Level
  • Lot Size: 375wx500d
  • Land Lease: No
  • Additional Parcels Description: 395009100125
  • Additional Parcels: Yes
  • Zoning Description: Business/Commercial
  • AssessmentPending: No
  • All Program Acres: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 395013300010
  • Tax Annual Amount: 22381
  • TaxWithAssessments: 21967.0000

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

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 $2,710 $178,600 $126,000 $52,600
2022 $2,764 $173,500 $126,000 $47,500
2021 $2,808 $173,500 $126,000 $47,500
2020 $2,776 $173,500 $126,000 $47,500
2019 $2,722 $175,200 $80,600 $94,600
2018 $2,714 $175,200 $80,600 $94,600
2017 $2,650 $175,200 $80,600 $94,600
2016 $2,470 $175,200 $80,600 $94,600
2015 $2,667 $184,500 $113,200 $71,300
2014 $2,667 $184,500 $113,200 $71,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 For Sale $1,200,000 -- --
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $335,000 The Title Team
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $800,000 Unknown
Source: Public Records

Source: NorthstarMLS

MLS Number: 6625110

NorthstarMLS

APN: 395013300010