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$6,997.00

0.16 acres | Residential Zoning

This property is laying right in the center of the city of Wells Minnesota and will have all utilities available and ready to be hooked into upon a home being built. There was a home at one point located at this lot but has since been removed. The lot does need to be maintained as far as abatement and snow removal even while vacant per city ordinances. There are several homes around the property and the neighborhood is well established. Let this small Southern Minnesota charm you today with this quaint city lot.

Land Specifics

Property Number 10936
Size 0.16 acres
Dimensions 50' x 140'
Road Access Paved Road
Slope Description Mostly Flat
Zoning Residential
Zoning Code R1 (Low Density Residential)
Zoning Definition

R1 (Low Density Residential):
Designated for low density single family dwellings. If under 1 acre in size city water and sewer will be provided within city limits. Minimum lot width is 75ft with 40% max lot coverage.

On Property Usage/Potential
Nearby Usage

Location

County Faribault
State Minnesota
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Additional Information

Assessor Parcel Number (APN) 30 200 4610
Estimated Annual Taxes $128.00
Legal Description

Lot 1 Block 21 in the Village (now City) of Wells, according to the recorded Plat thereof on file and of record in the office of the Faribault County Recorder.

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Finance Terms

Purchase Price $6,997.00
Interest Rate 9.7%
Loan Term 4 years 6 months
Total Monthly Payment $177.64

Due Today

Down Payment $149.00
Document Fee $149.00
Transfer Tax $23.09
Total Due Today: $321.09

Pay in Full

Purchase Price $6,997.00
Your Pay in Full Discount -$1,399.40
Your Price Today = $5,597.60
Document Fee + $149.00
Transfer Tax + $23.09
Total Due Today $5,769.69
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