511 Territorial Road

Monticello, MN 55362

$395,000
Price
309,276 / 7.1
Lot Size / Acres

Description

Prime Opportunity in Monticello: 7+ Acres of Untapped Potential. Seize the chance to own the largest undeveloped parcel in the historic heart of Monticello! This remarkable 7+ acre property, rich in history and nestled among towering trees, offers endless possibilities. Whether you envision a sprawling estate or are looking for the ideal location for higher-density housing, this land provides a canvas for your vision. The existing single-family home on the property is not accessible and is likely...Prime Opportunity in Monticello: 7+ Acres of Untapped Potential. Seize the chance to own the largest undeveloped parcel in the historic heart of Monticello! This remarkable 7+ acre property, rich in history and nestled among towering trees, offers endless possibilities. Whether you envision a sprawling estate or are looking for the ideal location for higher-density housing, this land provides a canvas for your vision. The existing single-family home on the property is not accessible and is likely a teardown, but the true value lies in the expansive, untouched landscape that awaits development. This is a rare, once-in-a-lifetime opportunity—don’t miss your chance to explore the possibilities. Please Note: Property is sold "as is." Showings are by appointment only, and walking the land requires scheduling in advance.
  1. Listed by eXp Realty

Property Details for 511 Territorial Road

Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 08/26/2024 09:07 PM

Property Details for 511 Territorial Road

StatusActive
MLS #6590785
Days on Compass33
Taxes$3,476 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size7.10 AC
CountyWright County

Building Information for 511 Territorial Road

Lot Size7.10 AC

Property Information for 511 Territorial Road

Summary
Location and General Information
  • City Name: Monticello
  • County Or Parish: Wright
  • County: Wright-MN
  • Directions: I-94 to Fenning Ave, E on 7th Street, Continue straight at the roundabout, R on Fallon Ave, R on Territorial Road
  • Latitude: 45.298182859
  • Longitude: -93.7839697487
  • Map Coordinate: 31-D2
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Monticello
  • City and Location Text: Monticello(MN)
  • Postal Code: 55362
  • State Or Province: MN
  • Public Survey Township: 121
  • Topography: Sloped
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 155500123300
  • Tax Annual Amount: $3,476.00
  • Tax Legal Description: SECT-12 TWP-121 RANGE-025 UNPLATTED LAND MONTICELLO1 WLY 5 ACRES OF SW OF SW LY S OF RR R/W& BDED ON N BY RR R/W &ON S&W BY TWNSITE RD ALSO DES AS:COM AT PT ON W LN OF SEC12-121-25 534.5FT N OF SW COR THOF TH E AT R AGL 318 FT TH N11D0'E TO CTRLN OF OLD TERRITORIAL RD TH N14D20'W ALG SD EXISTING CTRLN 40.5FT TO INT/SEC/W NLY LN OF SD RD EXTED NWLY&POB TH CONT ALG SD CTRLN TO INT/SEC/W SLY LN OF RR R/W TH S74D23'E ALG SD SLY R/W LN 979.17FT TH S2D22'E TO NLY LN OF SD RD TH N68D50'W ALG SD NLY LN TO POB ALSO TH PRT OF VAC OLD TERRITORIAL RD DES TH PRT OF SW SW DES COM SW COR TH N1D24'50"E ALG W LN 534.50FT TH S88D35'10"E 318FT TH N12D24'50"E 292.79FT TO S LN OF SD RD BEING POB TH S67D 59'57"E ALG SD S LN 989.48FT TO E LN TH N1D24'40"E ALG SD
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 3476.0000
School Information
  • High School District: 882 - Monticello
  • School District Number: 882
  • School District Phone: 763-272-2000
Property
Lot Information
  • Lot Features: Tree Coverage - Medium
  • Lot Size Area: 7.1
  • Lot Size Dimensions: 307x916x987x369
  • Lot Size Units: Acres
  • Property Type: Land
Utilities
  • Utilities: Private Septic Connected, Private Well Connected, Other Available

Property History for 511 Territorial Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 511 Territorial Road

Taxable ValueLand$329,000Additions$41,200Total$370,200
Tax Record2023$3,486 ($290 / month)
Home Facts
Beds3Total Finished SqFt3,716 SqFtAbove Grade Finished SqFt3,716 SqFtStories2Lot Size217,800 SqFtStyleSingle Family ResidenceYear Built1855Year Renovated1950CountyWRIGHTAPN155-500-123300

Schools near 511 Territorial Road

This home is within Monticello Public School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pinewood Elementary School
Public1 to 5

Monticello Middle School
Public6 to 8

Monticello Senior High School
Public9 to 12

Monticello Alternative Program
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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511 Territorial Road is a 7.1 ac of land for sale in Monticello, MN 55362. This property was listed for sale on August 26, 2024 by eXp Realty, it's currently listed at $395,000. It has been on the market for a total of 33 days and was last sold on August 31, 2020. This listing's school district is Monticello Public School District. Nearby schools include Pinewood Elementary School, Monticello Middle School and Monticello Senior High School. 511 Territorial Road is a 0-bed, 0-bath, 7.1 ac of land on a 309,276 sq. ft. / 7.1 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 08/26/2024 09:07 PM