$200,000
$225,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
XXXX 40th ST Somerset Twp, WI 54025
20 Acres Lot
Key Details
Sold Price $200,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6003833
Sold Date 10/28/21
Annual Tax Amount $125
Tax Year 2020
Contingent None
Lot Size 20.000 Acres
Acres 20.0
Lot Dimensions 1x1x1x1
Property Description
20 pristine acres located just 16 miles from the old Stillwater Bridge! Parcel includes 3 undeveloped acres plus 17 woodland acres enrolled in the Managed Forest Law (MFL) program and are subject to all rules and obligations of the program (see Supplements). Ideal build site with increasing elevation from 40th St east to the 3-acre section on the eastern lot line! If 5 acres were removed from the program for a build site, a penalty & recapture of property taxes of approx $3,500 would apply (see example Worksheet), therefore $700 per acres x 17 acres = $11,900 for full removal, & taxes would increase from $125 to $1,400. A build on the 3 acres would not affect the MFL program. The property is zoned R-2 Residential (see Supplements for ordinances). Buyer to assume any and all costs incurred to remove acreage from the MFL program. Must close 2021!
Location
State WI
County St. Croix
Zoning Residential-Single Family
Interior
Fireplace No
Exterior
Utilities Available None Connected, Electricity Available, Private Septic Available, Private Well Available, Phone Available
Schools
School District Osceola
Others
Restrictions Minimum Lot Size
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