Check Availability

1060 Lakewood Court

1060 Lakewood Court, Young America, MN 55397
Sold Oct 29, 2020
$299,409
$279,360 by Pennymac Loan Services Llc
Mortgage Due Nov 01, 2050
Local assessors in Young America, MN have categorized 1060 Lakewood Court as a residential type of property. The property's lot size has been calculated to be 17,280 square feet.

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. 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, 1060 Lakewood Court sold most recently in Oct 15, 2020 for a total of $299,409. 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 $4,252 in taxes each year. 1060 Lakewood Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $297,800. If we break it down further, the land itself was valued at $77,400. Improvements to the property, however, were assessed at a total of $220,400. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,280
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESERVE 5TH ADDITION THE
  • Land Acres: 0.396
  • Standard Land Use Code: Single family residential (assumed)

Ownership

  • Current Owner : NELSON LINDSAY
  • Current Owner 2: NELSON BRETT
  • Previous Owner : LOOMIS HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Central Public School District
  • School Tax School District: CENTRAL SCHOOLS
  • Census Tract: 091201

Geography

  • District: 900
  • Parcel: 58-6540190
  • Block: 3
  • Lot: 5
  • Municipality: CITY OF NORWOOD YOUNG AMERICA
  • Latitude: 44.7748
  • Longitude: -93.8985

    Address

  • Full Address: 1060 Lakewood Ct
  • Address - House Number: 1060
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Ct
  • State: MN
  • City Name: Young America
  • Carrier Code: R005
  • 4-Digit Zip Code: 2202
  • Zip Code: 55397

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,252
  • Tax Rate Code Area: 108

    Appraisal Valuation

  • Standard Deviation: 0.1299
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 338,566
  • High Value: 382,555
  • Low Value: 294,577

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $326,360
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Oct 29, 2020
  • First Open Lien Mortgage Loan Amount: $279,360
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: HOMETOWN BANK
  • Second Open Lien Mortgage Recording Date: Mar 30, 2022
  • Second Open Lien Mortgage Loan Amount: $47,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 15, 2052

    Market Valuation

  • Market Total Value: $297,800
  • Market Land Value: $77,400
  • Market Improvement Value: $220,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,800
  • Assessed Land Value: $77,400
  • Assessed Improvements Value: $220,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Transaction ID: 11807643963
  • Current Sale Price: $299,409
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A708770

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Oct 29, 2020
  • First Mortgage Loan Amount: $279,360
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Norwood Young America



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1060 Lakewood Court located in?
The 1060 Lakewood Court is a located in the neighborhood of Norwood Young America in Norwood Young America, Young America.
What is the average sales price for listings in 1060 Lakewood Court?
The average sales price for units in 1060 Lakewood Court is $0 currently.

Nearby Cities
Quantcast