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1129 Farmers Lane

1129 Farmers Lane, Belle Plaine, MN 56011
Property in Belle Plaine
Sold Aug 05, 2020
$319,900
$255,920 by Prosperity Home Mortgage Llc
Mortgage Due Aug 01, 2050
Sold Mar 02, 2017
$18,000
1129 Farmers Lane has been categorized by the local assessors in Belle Plaine, MN as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 4 stories. In addition, 1129 Farmers Lane has 1,414 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 1,405 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 15,682 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 garage for those who require parking. The garage measured 847 sqft. According to our sources, there are a total of 3 available parking spaces. 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 unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The building on the property is connected to a sewer system. 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, 1129 Farmers Lane sold most recently in Jul 30, 2020 for a total of $319,900. If you work out the math, that's approximately a cost of $226.24 per sqft. Before that, the property was also sold for $18,000 in Feb 17, 2017. 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 $5,422 in taxes each year. 1129 Farmers Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $380,800. If we break it down further, the land itself was valued at $78,100. Improvements to the property, however, were assessed at a total of $302,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C-
  • Building Style: Split level
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 4
  • Basement Type: Finished improved basement
  • Basement Area: 1,405
  • Garage Type: Garage
  • Garage Square Area: 847
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,414
  • Gross Building Area: 3,495
  • Building Area: 1,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,414
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARMERS RIDGE 1ST ADDN
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 08 TOWNSHIP 113 RANGE 024 SUBDIVISIONNAME FARMERS RIDGE 1ST ADDN LOT 003 BLOCK 005 SUBDIVISIONCD 20070

Ownership

  • Current Owner : FULLER JACQUELINE M
  • Previous Owner : SCHMIDT NICHOLAS C
  • Previous Owner 2: SCHMIDT KELSEY S
  • Owner Before Previous Owner: NIEDERKOFLER BRUCE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Belle Plaine Public School District
  • School Tax School District: BELLE PLAINE
  • School Tax District Code 2: C-BELLE PLAINE
  • School Tax District Code 3: SCOTT COUNTY WM
  • Census Tract: 081302

Geography

  • Assessors Map Reference: PM 20070
  • District: 0100
  • Parcel: 20-070053-0
  • Block: 005
  • Lot: 003
  • Meridian: SEC 8 TWN 113N RNG 24W
  • Municipality: CITY OF BELLE PLAINE
  • Latitude: 44.6129
  • Longitude: -93.7448

    Address

  • Full Address: 1129 Farmers Ln
  • Address - House Number: 1129
  • Address - Street Name: Farmers
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Belle Plaine
  • Carrier Code: R003
  • 4-Digit Zip Code: 2278
  • Zip Code: 56011

Valuation

    Tax

  • Total Area: 2,024
  • Tax Year: 2023
  • Tax Amount: $5,422
  • Tax Rate Code Area: 1501

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 406,388
  • High Value: 464,024
  • Low Value: 348,752

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $300,920
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 05, 2020
  • First Open Lien Mortgage Loan Amount: $255,920
  • 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: Aug 01, 2050
  • Second Open Lien Mortgage Lender: FIRST NATIONAL BANK OF SCOTIA
  • Second Open Lien Mortgage Recording Date: Aug 31, 2022
  • Second Open Lien Mortgage Loan Amount: $45,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 20, 2027

    Market Valuation

  • Market Total Value: $380,800
  • Market Land Value: $78,100
  • Market Improvement Value: $302,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $380,800
  • Assessed Land Value: $78,100
  • Assessed Improvements Value: $302,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Aug 05, 2020
  • Current Sale Transaction ID: 11781305810
  • Current Sale Price: $319,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1099289
  • Previous Sale Recording Date: Mar 02, 2017
  • Previous Sale Contract Date: Feb 17, 2017
  • Previous Sale Amount: $18,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 05, 2020
  • First Mortgage Loan Amount: $255,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Belle Plaine



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Frequently Asked Questions

What neighborhood is 1129 Farmers Lane located in?
The 1129 Farmers Lane is a located in the neighborhood of Belle Plaine in Belle Plaine, Belle Plaine.
What is the average sales price for listings in 1129 Farmers Lane?
The average sales price for units in 1129 Farmers Lane is $0 currently.

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