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10521 Fernwood Lane North

10521 Fernwood Lane North, Champlin, MN 55316
Property in Champlin
Sold Jun 16, 2021
$587,000
$387,000 by Guaranteed Rate Affinity Llc
Mortgage Due Jun 01, 2051
Sold Feb 24, 2000
$316,291
10521 Fernwood Lane North in Champlin, MN was first built in 1999 and is 25 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 10521 Fernwood Lane North has 2,520 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 580 ft and the linear feet between the front and back of the lot is 1,930. In total, the area measurement of the land is 18,731 square feet.

Learn more about the property and building on this page. There is a unknown and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 920 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as good. The exterior walls of the home are made of metal. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a space/suspended heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 10521 Fernwood Lane North was last sold in May 21, 2021 for $587,000. According to our calculations, that's $232.94 per sqft. Prior to that sales transaction, the property was sold for $316,291 in Feb 2, 2000. Current property owners are expected to pay $7,342 in taxes per year. The property on 10521 Fernwood Lane North was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $605,000. To break that down further, the land itself was valued at $117,000. While improvements to the property were assessed at a total of $488,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 1,008
  • Garage Type: Attached
  • Garage Square Area: 920
  • Parking Space Count: 3
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Depth Feet: 1,930
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,520
  • Gross Building Area: 3,528
  • Building Area: 2,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 2,520
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE PRESERVE AT ELM CREEK 3RD ADDN
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 001 001 THE PRESERVE AT ELM CREEK 3RD ADDN N 58X193X137X207

Ownership

  • Current Owner : TOMPT MICHAEL D
  • Current Owner 2: BECKMANN CASSANDRA M
  • Previous Owner : DAVIS MARTIN L
  • Previous Owner 2: DAVIS JESSICA L
  • Owner Before Previous Owner: HANSON BUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anoka-Hennepin Public School District
  • School Tax School District: ANOKA - HENNEPI
  • Census Tract: 026907

Geography

  • Assessors Map Reference: MB:06794
  • District: 50
  • Parcel: 36-120-22-24-0003
  • Block: 1
  • Lot: 1
  • Meridian: SEC 36 QTR 24 TWN 120 RNG 22
  • Municipality: CHAMPLIN
  • Latitude: 45.1597
  • Longitude: -93.4139

    Address

  • Full Address: 10521 Fernwood Ln N
  • Address - House Number: 10521
  • Street Segment Direction: N
  • Address - Street Name: Fernwood
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Champlin
  • Carrier Code: C011
  • 4-Digit Zip Code: 3160
  • Zip Code: 55316

Valuation

    Tax

  • Total Area: 3,780
  • Tax Year: 2023
  • Tax Amount: $7,342

    Appraisal Valuation

  • Standard Deviation: 0.1385
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 657,939
  • High Value: 749,085
  • Low Value: 566,793

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $764,899
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Loan Amount: $387,000
  • 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, 2051
  • Second Open Lien Mortgage Loan Amount: $377,899
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $605,000
  • Market Land Value: $117,000
  • Market Improvement Value: $488,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $605,000
  • Assessed Land Value: $117,000
  • Assessed Improvements Value: $488,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11841670741
  • Current Sale Price: $587,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05847234
  • Previous Sale Recording Date: Feb 24, 2000
  • Previous Sale Contract Date: Feb 02, 2000
  • Previous Sale Amount: $316,291
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $387,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Champlin



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Frequently Asked Questions

What neighborhood is 10521 Fernwood Lane North located in?
The 10521 Fernwood Lane North is a located in the neighborhood of Champlin in Champlin, Champlin.
What is the average sales price for listings in 10521 Fernwood Lane North?
The average sales price for units in 10521 Fernwood Lane North is $0 currently.

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