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1000 Fairfield Spur

1000 Fairfield Spur, Hopkins, MN 55305
Property in Minnetonka
Sold Oct 07, 2020
$314,000
Buyer
Seller
$293,550 by Leader One Financial Corp
Mortgage Due Oct 01, 2050
Sold May 29, 2008
$277,000
Buyer
Seller
1000 Fairfield Spur has been categorized by the local assessors in Hopkins, MN as a residential type of property. The building on the property was first built in 1996 and is 28 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1000 Fairfield Spur has 1,384 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 704 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 37,152 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a tuck under garage for those who require parking. The garage measured 506 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1000 Fairfield Spur sold most recently in Sep 21, 2020 for a total of $314,000. If you work out the math, that's approximately a cost of $226.88 per sqft. Before that, the property was also sold for $277,000 in May 19, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,812 in taxes each year. 1000 Fairfield Spur was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $312,700. If we break it down further, the land itself was valued at $66,000. Improvements to the property, however, were assessed at a total of $246,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 704
  • Garage Type: Tuckunder
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 37,152
  • Total Building Area: 1,384
  • Gross Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,384
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIC NO 0790 THE GABLES OF WEST RIDGE
  • Land Acres: 0.852
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CIC NO 0790 THE GABLES OF WEST RIDGE UNIT NO 104 IRREGULAR

Ownership

  • Current Owner : REID JAMES
  • Previous Owner : BEAL CALLA J
  • Owner Before Previous Owner: BECKER ROGER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopkins Public School District
  • School Tax School District: HOPKINS
  • Census Tract: 026403

Zoning

  • Zoning: PID

Geography

  • Assessors Map Reference: MB:05991
  • District: 34
  • Parcel: 02-117-22-13-0221
  • Meridian: SEC 02 QTR 13 TWN 117 RNG 22
  • Municipality: MINNETONKA
  • Latitude: 44.9728
  • Longitude: -93.4271

    Address

  • Full Address: 1000 Fairfield Spur
  • Legal Unit: 104
  • Address - House Number: 1000
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Spur
  • State: MN
  • City Name: Hopkins
  • Carrier Code: C061
  • 4-Digit Zip Code: 1495
  • Zip Code: 55305

Valuation

    Tax

  • Total Area: 2,088
  • Tax Year: 2023
  • Tax Amount: $3,812

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 344,692
  • High Value: 402,991
  • Low Value: 286,394

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $293,550
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Oct 07, 2020
  • First Open Lien Mortgage Loan Amount: $293,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $312,700
  • Market Land Value: $66,000
  • Market Improvement Value: $246,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $312,700
  • Assessed Land Value: $66,000
  • Assessed Improvements Value: $246,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Oct 07, 2020
  • Current Sale Transaction ID: 11793488399
  • Current Sale Price: $314,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05755354
  • Previous Sale Recording Date: May 29, 2008
  • Previous Sale Contract Date: May 19, 2008
  • Previous Sale Amount: $277,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Oct 07, 2020
  • First Mortgage Loan Amount: $293,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Minnetonka - Hopkins



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Frequently Asked Questions

What neighborhood is 1000 Fairfield Spur located in?
The 1000 Fairfield Spur is a located in the neighborhood of Minnetonka in Minnetonka - Hopkins, Hopkins.
What is the average sales price for listings in 1000 Fairfield Spur?
The average sales price for units in 1000 Fairfield Spur is $0 currently.

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