NOT LISTED FOR SALE

5505 140th St Glencoe, MN 55336

Estimated Value: $1,251,917

40 Acres
$31,298 Price per Acre
1,742,400 Sq Ft Lot

Last Sold November 15, 2023

Last sale price $400,000

Est. 213% increase in value since last sale

Current estimated payment $7,225/month

About This Lot

As of November 2023

Proposed lot lines are estimated. Seller is open to selling as an entire parcel or adjusting the proposed split. Three 40 acre lots are available. This is the center lot with the older buildings etc. still in place.

Last Agent to Sell the Property

Bruce McAlpin

Edina Realty, Inc. Listed on: 09/14/2023

Edina Realty, Inc.

Co-Listed By

Bonnie Knutson

Edina Realty, Inc.

Last Buyer's Agent

Bruce McAlpin

Edina Realty, Inc. Listed on: 09/14/2023

Edina Realty, Inc.

Property Details

Property Type

  • Land

Lot Details

  • Unpaved Streets
  • Additional Parcels

Horse Facilities and Amenities

  • Zoned For Horses

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020320700

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL,Satellite
  • BuilderRestrict: Open
  • Improvements: Public Road,Unimproved Streets
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Easements,For Sale Sign

Exterior Features

  • Fencing: None
  • Other Structures: Barn(s), Chicken Coop/Barn, Grain Bin, Machine Shed
  • Farm Type: Crop
  • Soil Type: Loam

Utilities

  • Utilities: Natural Gas Connected, Private Septic Connected, Private Well Connected, Phone Connected, Underground Utilities Connected, Electricity Available, Natural Gas Available, Private Well Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Glencoe-Silver Lake
  • SchoolDistrictNumber: 2859
  • SchoolDistrictPhone: 320-864-2498

Lot Info

  • Topography: Gently Rolling
  • Lot Size: TBD
  • Land Lease: No
  • Lot Features: Suitable for Horses, Tree Coverage - Medium
  • Additional Parcels Description: 2023
  • Additional Parcels: Yes
  • Zoning Description: Agriculture
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Crop Type: Beans

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 020320700
  • Tax Annual Amount: 31078
  • TaxWithAssessments: 4032.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 15, 2023
Sold by
Estate Of Roger Maynard Richter
Bought by
Rehmann Ricky
Seller's Agent
Bruce McAlpin
Edina Realty, Inc.
Buyer's Agent
Bruce McAlpin
Edina Realty, Inc.
List Price
$400,000
Sold Price
$400,000
Views
4
Current Estimated Value
$1,251,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,917
Avg. Annual Appreciation
83.32%
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
Rehmann Ricky $1,150,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $400,000 0.0% --
09/14/2023 09/14/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $400,000 -- --
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
2024 $5,000 $1,207,100 $1,136,400 $70,700
2023 $4,703 $1,001,100 $930,400 $70,700
2022 $3,712 $814,800 $747,500 $67,300
2021 $3,650 $711,500 $659,800 $51,700
2020 $3,060 $711,500 $659,800 $51,700
2019 $2,756 $698,900 $649,900 $49,000
2018 $3,062 $0 $0 $0
2017 $2,956 $0 $0 $0
2016 $3,276 $0 $0 $0
2015 $2,724 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6433917

NorthstarMLS

APN: 02.032.0700