Tract B 470th Street, Pelican Rapids, MN 56572

General Property Information

Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Road Btwn WF & Home?: No
Waterfront Frontage: 460
Waterfront Present: Yes
Yearly/Seasonal: Yearly
Zoning: Shoreline
Lot Dimensions: 429x500 irregular
Acres: 6.4
Lake/Waterfront Name: Franklin Lake (56075900)
Power Company: Lake Region Electric Co-op
Association Fee: 0

Property Features

Available Utilities: Electricity Available; None Connected Development Status: Raw Land Elevation Highpoint to Waterfront Slope: Gradual Financing Terms: Cash Improvements: None Lake Details: Hard; Sand Land Inclusions: Survey Lock Box Type: None Lot Description: Irregular Lot; Tree Coverage - Medium Property SubType: Lake Property; Recreational; Residential Lot Road Frontage: No Outlet/Dead End; Private Road; Unimproved Road Responsibility: Private Maintained Road Topography: Gently Rolling Waterfront View: Lake; East

Contract Information

Off Market Date: 2024-04-22
Contingency: None
Closed Date: 2024-05-20
Original List Price: 375000
Sales Close Price: 370000
ListPrice: 375000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: Tract B
Street Name: 470th
Street Suffix: Street
Postal City: Pelican Rapids
County: Otter Tail
State: MN
Zip Code: 56572
Complex/Dev/Subdivision: Franklin Lake

Acreage Information

Taxable Acres: 6
Wooded Acres: 6.4

Builder Information

Builder Restrictions: Open

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 10-15

Lake Details

Lake Acres: 1087
Lake Depth: 48
Hard: Yes
Sand: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 42
Section#: 27
Township#: 137

Office/Member Info

Association: GLAR

Location, Tax and Other Information

AssocFeeYN: No
Listing City: Pelican Rapids
Map Page: 999
Municipality: Pelican Rapids
School District: Pelican Rapids
School District Phone: 218-863-5910
DNR Lake ID#: 56075900
DNR Lake Classification: Recreational Development
Property ID Number: tbd
Tax Year: 2024
Tax Amount: 0
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: FRANKLIN LAKE - Tract B - Fantastic swimming and gentle elevation on this premium lake! 460+ feet of lake frontage with several nice building location choices on this 6.4+- acre wooded lot! There are areas of the lot with a nice shelf and easy access with very few steps to the shoreline. This is the one you've been dreaming of and waiting for! Don't let it pass you by!
Directions: From Pelican Rapids, N on Hwy 59 for 8 miles to E Lake Lizzie Rd, right for 1.7 mi to 470th St, left 1/2 mile to 24499 470th St. Turn left onto gravel road by gate, follow to lots to the north of the home.

Assessments

Assessment Balance: 0
Tax With Assessments: 0

Development Status

Raw Land: Yes

Elevation Highpoint to Waterfront Slope

Gradual: Yes

Financing Terms

Cash: Yes

Insurance Fee

Insurance Fee: 0

Lake/Waterfront

Lake Front: Yes

Lock Box Type

None: Yes

Lot Description

Irregular Lot: Yes
Tree Coverage - Medium: Yes

Restriction/Covenants

Other: Yes

Road Frontage

No Outlet/Dead End: Yes
Private Road: Yes
Unimproved: Yes

Road Responsibility

Private Maintained Road: Yes

Topography

Gently Rolling: Yes

Waterfront View

Lake: Yes
East: Yes

Available Utilities

Electricity Available: Yes
None Connected: Yes

Improvements

None: Yes

Land Inclusions

Survey: Yes

Property SubType

Lake Property: Yes
Recreational: Yes
Residential Lot: Yes