Opportunity and value on Main Street Elko New Market. Property is currently zoned R-5 Downtown Residential District. This district is intended for multi-family structures containing six or more dwelling units. The existing single-family home can no longer be used as such because it has lost its legal non-conforming use (grandfathered) status. Scott County would not allow the existing private access to remain for a more intensive land use (multi-family/commercial). There is an alternative access now with the City's recent purchase of property. shown in red in supplements. Access would need to be provided through the northerly extension of Webster Street. Webster Street would need to be constructed to the north of Co Rd 2, as a local city street, which would then provide access to area properties.
Closed
$175,000
251 Main St, Elko New Market, MN 55054
--beds
--baths
1.6Acres
Unimproved Land
Built in ----
1.6 Acres Lot
$203,100 Zestimate®
$--/sqft
$2,436 Estimated rent
Home value
$203,100
$162,000 - $250,000
$2,436/mo
Zestimate® history
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$883/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Mike Wilen 612-400-9000,
Coldwell Banker Realty - Lakes
Bought with:
Stefeni Tupy
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6398714
Facts & features
Interior
Features
- Has basement: No
Property
Parking
- Parking features: Garage
- Has garage: Yes
Lot
- Size: 1.60 Acres
- Dimensions: 145 x 373 x 274 x 375
- Features: Irregular Lot, Tree Coverage - Light
- Topography: Level,Sloped
Details
- Additional structures: Garage(s), Guest House
- Parcel number: 239210070
- Zoning description: Residential-Multi-Family
Utilities & green energy
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Underground Utilities
Community & neighborhood
Community
- Community features: No
Location
- Region: Elko New Market
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2023 | Sold | $175,000 |
Source:  NorthstarMLS as distributed by MLS GRID #6398714 Report a problem | ||
| 7/7/2023 | Listed for sale | $175,000-68.2% |
Source: NorthstarMLS as distributed by MLS GRID #6398714 Report a problem | ||
| 9/18/2019 | Listing removed | $550,000 |
Source: RE/MAX Results #5141240 Report a problem | ||
| 9/9/2019 | Price change | $550,000-8.3% |
Source: RE/MAX Results #5141240 Report a problem | ||
| 5/30/2019 | Price change | $600,000-14.3% |
Source: RE/MAX Results #5141240 Report a problem | ||
| 1/23/2019 | Listed for sale | $700,000+438.5% |
Source: RE/MAX Results #5141240 Report a problem | ||
| 5/27/2010 | Sold | $130,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,352 +0.4% | $144,100 +20.1% |
| 2024 | $1,346 -49% | $120,000 -50.5% |
| 2023 | $2,640 -10.5% | $242,500 +1.6% |
| 2022 | $2,950 +21.2% | $238,700 +6.2% |
| 2021 | $2,434 +5.2% | $224,800 +30.7% |
| 2020 | $2,314 | $172,000 |
| 2019 | $2,314 +4.1% | $172,000 |
| 2018 | $2,222 +15% | -- |
| 2016 | $1,932 | -- |
| 2014 | $1,932 | -- |
| 2013 | -- | $137,300 |
| 2012 | -- | $137,300 -9.6% |
| 2011 | $2,122 -33% | $151,800 -9.6% |
| 2010 | $3,166 +74.1% | $168,000 -1.4% |
| 2009 | $1,818 -0.1% | $170,400 |
| 2008 | $1,820 +22.3% | -- |
| 2007 | $1,488 +14.3% | -- |
| 2006 | $1,302 +35.9% | -- |
| 2005 | $958 +24.7% | -- |
| 2004 | $768 +4.9% | -- |
| 2003 | $732 +1.4% | -- |
| 2002 | $722 -14.7% | -- |
| 2001 | $846 | -- |
Find assessor info on the county website
Neighborhood: 55054
Nearby schools
GreatSchools rating
- 7/10Eagle ViewGrades: PK-5Distance: 0.9 mi
- 9/10New Prague Middle SchoolGrades: 6-8Distance: 11.1 mi
- 9/10New Prague Senior High SchoolGrades: 9-12Distance: 11 mi
- Minnesota
- Scott County
- Elko New Market
- 55054
- 251 Main St
Nearby cities
Nearby zip codes
Other Elko New Market Topics
