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10406 Vera Cruz Drive

10406 Vera Cruz Drive, Minneapolis, MN 55443
Property in Brooklyn Park
Sold May 23, 2017
$475,000
$424,100 by Leader One Financial Corp
Mortgage Due Jun 01, 2047
Sold Jul 29, 2005
$580,955
Local assessors in Minneapolis, MN have categorized 10406 Vera Cruz Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 13,939 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10406 Vera Cruz Drive has a total of 1,951 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 856 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 10406 Vera Cruz Drive sold most recently in May 22, 2017 for a total of $475,000. If you work out the math, that's approximately a cost of $243.46 per sqft. Before that, the property was also sold for $580,955 in Jun 27, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,313 in taxes each year. 10406 Vera Cruz Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $560,700. If we break it down further, the land itself was valued at $137,500. Improvements to the property, however, were assessed at a total of $423,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 856
  • Parking Space Count: 3
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,470
  • Total Building Area: 1,951
  • Gross Building Area: 1,951
  • Building Area: 1,951
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,951
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OXBOW CREEK 5TH ADDN
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 022 001 OXBOW CREEK 5TH ADDN NE88X147X90X162

Ownership

  • Current Owner : MAY JASON D
  • Previous Owner : WHITE TIMOTHY R
  • Previous Owner 2: WHITE JILL A
  • Owner Before Previous Owner: BENCHMARK CUSTOM HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Osseo Public School District
  • School Tax School District: OSSEO
  • Census Tract: 026824

Geography

  • Assessors Map Reference: MB:07989
  • District: 48
  • Parcel: 04-119-21-31-0033
  • Block: 1
  • Lot: 22
  • Meridian: SEC 04 QTR 31 TWN 119 RNG 21
  • Municipality: BROOKLYN PARK
  • Latitude: 45.144
  • Longitude: -93.353

    Address

  • Full Address: 10406 Vera Cruz Dr N
  • Address - House Number: 10406
  • Street Segment Direction: N
  • Address - Street Name: Vera Cruz
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C065
  • 4-Digit Zip Code: 2555
  • Zip Code: 55443

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,313

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 589,805
  • High Value: 686,868
  • Low Value: 492,742

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $424,100
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: May 23, 2017
  • First Open Lien Mortgage Loan Amount: $424,100
  • 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: Jun 01, 2047

    Market Valuation

  • Market Total Value: $560,700
  • Market Land Value: $137,500
  • Market Improvement Value: $423,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $560,700
  • Assessed Land Value: $137,500
  • Assessed Improvements Value: $423,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2017
  • Current Sale Recording Date: May 23, 2017
  • Current Sale Transaction ID: 1814005937
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05444516
  • Previous Sale Recording Date: Jul 29, 2005
  • Previous Sale Contract Date: Jun 27, 2005
  • Previous Sale Amount: $580,955
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: May 23, 2017
  • First Mortgage Loan Amount: $424,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 10406 Vera Cruz Drive located in?
The 10406 Vera Cruz Drive is a located in the neighborhood of Brooklyn Park in Brooklyn Park - Maple Grove, Minneapolis.
What is the average sales price for listings in 10406 Vera Cruz Drive?
The average sales price for units in 10406 Vera Cruz Drive is $0 currently.

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