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1087 Birchwood Lane

1087 Birchwood Lane, Newport, MN 55055
Property in Newport
Sold Oct 05, 2021
$676,800
$539,408 by Angel Oak Mortgage Solutions L
Mortgage Due Oct 01, 2051
1087 Birchwood Lane has been categorized by the local assessors in Newport, MN as a residential type of property. The building on the property was first built in 2021 and is 3 years old. The home has a total of 6 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1087 Birchwood Lane has 3,850 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 finished improved basement that is 1,730 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 9,327 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 property was last sold in Sep 29, 2021 for $676,800. That's $175.79 per sqft. 1087 Birchwood Lane was last assessed in 2022. The total value of the property was assessed at $770,400. Specifically, the land the property is located on was valued at $199,000. While improvements on the property were assessed at a total of $571,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $11,406. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Construction Type: Frame
  • Building Style: Other
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,730
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,327
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,850
  • Building Area: 3,850
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,850
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAILEY MEADOWS 3RD ADDITION
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLOCK 3 LOT 5 SUBDIVISIONCD 3346 SUBDIVISIONNAME BAILEY MEADOWS 3RD ADDITION

Ownership

  • Current Owner : YU XIANGDONG
  • Current Owner 2: CUI JUN
  • Previous Owner : M I HOMES OF MINNEAPOLIS ST PAUL LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: South Washington County School District
  • School Tax School District: SO WASHINGTON
  • Census Tract: 071003

Geography

  • Parcel: 30-028-21-24-0130
  • Block: 3
  • Lot: 5
  • Meridian: SEC 30 TWN 28N RNG 21W
  • Municipality: CITY OF NEWPORT
  • Latitude: 44.8857
  • Longitude: -92.9749

    Address

  • Full Address: 1087 Birchwood Ln
  • Address - House Number: 1087
  • Address - Street Name: Birchwood
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Newport
  • Carrier Code: R010
  • 4-Digit Zip Code: 1860
  • Zip Code: 55055

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $11,406
  • Tax Rate Code Area: 5801 833 S

    Appraisal Valuation

  • Standard Deviation: 0.111
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 88
  • Final Value: 832,233
  • High Value: 924,685
  • Low Value: 739,781

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,091,007
  • First Open Lien Mortgage Lender: ANGEL OAK MORTGAGE SOLUTIONS L
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Loan Amount: $539,408
  • 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, 2051
  • Second Open Lien Mortgage Loan Amount: $551,599
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $770,400
  • Market Land Value: $199,000
  • Market Improvement Value: $571,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $770,400
  • Assessed Land Value: $199,000
  • Assessed Improvements Value: $571,400

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11858723622
  • Current Sale Price: $676,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4338610

    Last Sale Mortgage

  • First Mortgage Lender: ANGEL OAK MORTGAGE SOLUTIONS L
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $539,408
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Newport



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Frequently Asked Questions

What neighborhood is 1087 Birchwood Lane located in?
The 1087 Birchwood Lane is a located in the neighborhood of Newport in Newport, Newport.
What is the average sales price for listings in 1087 Birchwood Lane?
The average sales price for units in 1087 Birchwood Lane is $0 currently.

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