Build your dream home on this slice of heaven. Nice high spot to build about 40 ft. in. Spoke to Rice Lake Assessor and it meets all the requirements for a buildable lot. You'll need to bring in fill for the driveway as its low in the front. Have a look, walk around and make plans. This could be your year to build!
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Results
Lot Features
Lot Information:
Lot: Ravine, Some Trees
Lot Size: 2.50 Acres
School Info
Assigned Schools Information:
East High School, Public District Grades 9-12
Homecroft Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Martin Rd to Howard Gnesen to Fairview on the right land is on left side
Price Information
Listing Price Info
Price Summary:
List Price: $32,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Duluth, MN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$227
Per Month
Principal & Interest
$160
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$162
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Homecroft Elementary School
4784 Howard Gnesen Rd
Distance between this listing and this school1.15 miles
Public District Grades PK-5
High School
8
/10
East High School
301 N 40th Ave E
Distance between this listing and this school4.00 miles
Public District Grades 9-12
Assigned Schools
5
/10
Homecroft Elementary School
4784 Howard Gnesen Rd
Distance between this listing and this school1.15 miles
Public District Grades PK-5
Nearby Schools
7
/10
Congdon Elementary School
3116 E Superior St
Distance between this listing and this school4.10 miles
Public District Grades KG-5
4
/10
Lowell Music Magnet Elementary School
2000 Rice Lake Rd
Distance between this listing and this school4.12 miles
Public Magnet Grades KG-5
Nearby Schools
3
/10
North Star Academy
3301 Technology Dr
Distance between this listing and this school3.49 miles
Public Charter Grades KG-8
6
/10
Ordean East Middle School
2900 E 4th St
Distance between this listing and this school3.91 miles
Public District Grades 6-8
6
/10
Hermantown Middle School
4289 Ugstad Rd
Distance between this listing and this school7.63 miles
Public District Grades 4-8
Assigned Schools
8
/10
East High School
301 N 40th Ave E
Distance between this listing and this school4.00 miles
Public District Grades 9-12
Nearby Schools
2
/10
Woodland Hills Academy
110 W Redwing St
Distance between this listing and this school1.51 miles
Public District Grades 6-12
2
/10
Duluth Area Learning Center
215 N 1st Ave E
Distance between this listing and this school5.56 miles
The neighbors living near this home have an average income of $82,596. The most common annual income of people living in Duluth, MN is between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 40XX Fairview Rd
What is the listing price of this property?
The listing price of 40XX Fairview Rd property is $32,000.
What type of property is this?
The property 40XX Fairview Rd is land located in Duluth, Minnesota, 55803.
Is this property for sale now?
Sale Pending: 40XX Fairview Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 40XX Fairview Rd are: Homecroft Elementary School: GreatSchools Rating 5/10East High School: GreatSchools Rating 8/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 40XX Fairview Rd in Duluth, MN and zip code 55803 in the Arnold neighborhood. This home sits on a 2.50 acre lot. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $32,000.
In April 2024 more than 51 listings in Duluth, MN were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 26 were sold below. The number of listings in Duluth, MN increased by 21.7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $292,000, while the average time on the real estate market was 19 days.
From Rocket Homes Real Estate and based on county public records data.