Utilities: None Connected, Electricity Available, Private Well Available, Private Septic Available, Phone Available
Address: XXXX 40th Street
County: St. Croix
City: Somerset Twp
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!
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