M/I Homes of Minneapolis/St. Paul buys 92 Address Pending in Rogers for $4.2 million

Vacant land at 92 Address Pending in Rogers sold for $4,199,000 on October 1, 2026. The Certificate of Real Estate Value filed with the Minnesota Department of Revenue reports the sale.

The record lists Rachel Development, INC. as the seller. It names M/I Homes of Minneapolis/St. Paul, LLC as the buyer.

Assessor's records list the parcel as vacant land measuring 826,769 square feet, with a market value of $457,400. No building appears in those records. The last sale before this one on record was $159,555 in 2026.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Hennepin County?

By our estimate, the seller's two largest charges, not counting prorations, were $14,276.60 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $8,323.25 for the owner's title insurance policy. Who pays what follows Hennepin County custom.

How much did the seller net?

By our estimate, the seller netted about $4,164,186. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $4,188,127 at closing. That covers the full price and closing costs.

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