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1121 Welcome Circle

1121 Welcome Circle, Minneapolis, MN 55422
Property in Golden Valley
Sold Jan 14, 2020
$403,000
$322,400 by Crosscountry Mortgage Llc
Mortgage Due Jan 01, 2050
Sold Dec 28, 1998
$156,900
1121 Welcome Circle has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1964 and is 60 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1121 Welcome Circle has 1,352 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 25,265 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 attached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of stucco. 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 a space/suspended heating system. There is a single fireplace in the home. Perfect for those wintery 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, 1121 Welcome Circle was last sold in Dec 10, 2019 for $403,000. According to our calculations, that's $298.08 per sqft. Prior to that sales transaction, the property was sold for $156,900 in Nov 30, 1998. Current property owners are expected to pay $6,341 in taxes per year. The property on 1121 Welcome Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $420,000. To break that down further, the land itself was valued at $95,000. While improvements to the property were assessed at a total of $325,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1964
  • Effective Year Built: 2000
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 866
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 1,352
  • Gross Building Area: 2,218
  • Building Area: 1,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 1,352
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINDSAYS ADDN
  • Land Acres: 0.58
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 003 002 LINDSAYS ADDN IRREGULAR

Ownership

  • Current Owner : STEINKE DANIEL D
  • Current Owner 2: GARDNER SAMANTHA L
  • Previous Owner : RABE GEVEN D
  • Previous Owner 2: RABE KATHRYN E
  • Owner Before Previous Owner: FRIEDEMANN NORBERT
  • Owner Before Previous Owner 2: FRIEDEMANN JACQULINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Robbinsdale Public School District
  • School Tax School District: ROBBINSDALE
  • Census Tract: 021602

Geography

  • Assessors Map Reference: MB:85940
  • District: 28
  • Parcel: 33-118-21-21-0031
  • Block: 2
  • Lot: 3
  • Meridian: SEC 33 QTR 21 TWN 118 RNG 21
  • Municipality: GOLDEN VALLEY
  • Latitude: 44.9924
  • Longitude: -93.3536

    Address

  • Full Address: 1121 Welcome Cir
  • Address - House Number: 1121
  • Address - Street Name: Welcome
  • Address - Suffix Type: Cir
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C033
  • 4-Digit Zip Code: 4641
  • Zip Code: 55422

Valuation

    Tax

  • Total Area: 2,704
  • Tax Year: 2023
  • Tax Amount: $6,341

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 468,532
  • High Value: 541,849
  • Low Value: 395,216

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $322,400
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 14, 2020
  • First Open Lien Mortgage Loan Amount: $322,400
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $95,000
  • Market Improvement Value: $325,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $420,000
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $325,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Jan 14, 2020
  • Current Sale Transaction ID: 11716433973
  • Current Sale Price: $403,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05678159
  • Previous Sale Recording Date: Dec 28, 1998
  • Previous Sale Contract Date: Nov 30, 1998
  • Previous Sale Amount: $156,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 14, 2020
  • First Mortgage Loan Amount: $322,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Robbinsdale - Crystal - New Hope



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Frequently Asked Questions

What neighborhood is 1121 Welcome Circle located in?
The 1121 Welcome Circle is a located in the neighborhood of Golden Valley in Robbinsdale - Crystal - New Hope, Minneapolis.
What is the average sales price for listings in 1121 Welcome Circle?
The average sales price for units in 1121 Welcome Circle is $0 currently.

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