NOT LISTED FOR SALE

8578 120th St E Northfield, MN 55057

Estimated Value: $210,000 - $628,000

2 Acres
$161,687 Price per Acre
87,120 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $200,000

Est. 62% increase in value since last sale

Current estimated payment $1,767/month

11 Days on Market

About This Lot

As of August 2023

Experience serene living on this breathtaking 2.5 acre parcel located south of Northfield. Nestled on one of the highest spots in Rice County, this lightly wooded property offers a private and quiet walkout building site, ready to become the location of your dream home. Enjoy the peacefulness of a dead-end street while being a part of the highly-regarded Northfield school district. Convenience meets privacy with a private drive and shared well and electric already connected to the property.

Last Agent to Sell the Property

David Berglund

Summit Realty LLC Listed on: 07/27/2023

Last Buyer's Agent

Alex Zauner

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $128

Lot Details

  • Lot Dimensions are 300 x200
  • Zoning described as Agriculture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0817425003

Property Details

Property Type

Land

Est. Annual Taxes

$128

Lot Details

0

Listing Details

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

Interior Features

  • Inclusions: For Sale Sign

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Northfield
  • SchoolDistrictPhone: 507-663-0629

Lot Info

  • Topography: High Ground,Solar Oriented,Walkout
  • Lot Size: 300 X200
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0817425003
  • Tax Annual Amount: 128
  • TaxWithAssessments: 128.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 31, 2023
Sold by
Schrader Larry F
Bought by
Schacht Morgan Elizabeth and Case Alex Rudy
Seller's Agent
David Berglund
Summit Realty LLC
Buyer's Agent
Alex Zauner
RE/MAX Advantage Plus
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
9
Current Estimated Value
$323,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,374
Avg. Annual Appreciation
22.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Schacht Morgan Elizabeth $100,000 Trademark Title Services
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $200,000 -20.0% --
08/08/2023 08/08/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $250,000 -- --
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 $1,054 $99,000 $99,000 $0
2024 $1,054 $26,400 $26,400 $0
2023 $136 $26,400 $26,400 $0
2022 $128 $21,200 $21,200 $0
2021 $132 $17,900 $17,900 $0
2020 $138 $17,900 $17,900 $0
2019 $134 $18,700 $18,700 $0
2018 $138 $17,500 $17,500 $0
2017 $146 $17,500 $17,500 $0
2016 $152 $17,500 $17,500 $0
2015 $150 $17,500 $17,500 $0
2014 -- $17,500 $17,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6408863

NorthstarMLS

APN: 08.17.4.25.003