1 month on rocket

Sale Pending

XXXX 340th St, Florence Twp, MN, 55041

$1

Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #6498375
StatusSale Pending
(Pending)

About XXXX 340th St

Land Auction will be on April 10, 2024 at 11:00am. This tillable cropland is located in Southeastern Minnesota near Red Wing and Lake City MN. The farm is located in Sections 31 of Florence TWP and 36 of Hay Creek TWP. This farm is an established organic farm with a proven pedigree and a 71 CPI. The property is open for farming in 2024, it is 87.82 +/- deeded acres with 87 +/- tillable acres, according to the FSA. The current operator would also continue operating the farm as an organic farm if the new buyer/investor would like to hold the property as an investment and need a quality tenant. The farm is situated in a highly desirable location with convenient access to multiple grain markets, making it ideal for crop production. The natural sloping topography ensures proper drainage, while existing conservation measures, waterways, and cover crops enhance the land's productivity and future sustainability. Don't miss this rare opportunity to own this land in Goodhue County, MN!

Property Details

Property Features

Listing Office:

  • Office Name: LandProz Real Estate, LLC

School Info

Assigned Schools Information:

  • Lincoln Secondary School, Public District Grades 7-12
  • Bluff View Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Head North on Hwy 58 towards Goodhue, take a right on to CR-16 for 5.1 Miles, take a left onto First Street leaving the town of Bellechester for 7.6 miles, turn right onto CR-45 for 0.6 miles and take a slight left turn onto Weibusch Hill Rd and the farm will be on your left hand after 1.7 miles.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1
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Housing Market Comparison

See how this home compares to others in Lake City, MN.

Med. Sold Price

$300K

Med. Price/SqFt

$146

Avg. Days On Market

52

# of Sold Homes

5

XXXX 340th St vs Lake City

48 DAYS ON ROCKET

-4 Days

$1

-$299.9K Less

KEY TAKEAWAY

This property is $299.9K less than the Median Sold Price in Lake City, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6498375

Listing Office:

  • Office Name: LandProz Real Estate, LLC

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Property Sales & Tax

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$68

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30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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

school-card-donut-2875094
4
/10
  • Bluff View Elementary School

  • 1156 W Lakewood Ave

  • 7.17 miles

  • Public District Grades PK-6

High School

school-card-donut-2875095
6
/10
  • Lincoln Secondary School

  • 300 S Garden St

  • 7.55 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,947. Most Lake City, MN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About XXXX 340th St

What is the listing price of this property?

The listing price of XXXX 340th St property is $1.

What type of property is this?

The property XXXX 340th St is land located in Florence Twp, Minnesota, 55041.

Is this property for sale now?

Sale Pending: XXXX 340th St 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 XXXX 340th St are:
Bluff View Elementary School: GreatSchools Rating 4/10
Lincoln Secondary School: GreatSchools Rating 6/10
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Rocket HomesMinnesotaWabasha CountyLake City55041XXXX 340th St

This home is located at XXXX 340th St in Florence Twp, MN and zip code 55041. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $1.

While more than 3 listings in Lake City, MN in March 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. While the average time on the market in March 2024 was 52 days, the median list price was $300,000.

From Rocket Homes Real Estate and based on county public records data.

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