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1143 South Shore Drive

1143 South Shore Drive, Minneapolis, MN 55441
Property in Medicine Lake
Local assessors in Minneapolis, MN have categorized 1143 South Shore Drive as a commercial type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 207,346 square feet. The linear feet between the front and back of the lot was measured at 7,050 ft and the front of the lot was measured at 2,550 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. There is also a partial bathroom.

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. 1143 South Shore Drive is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. The property was last sold in Dec 3, 2015 for $600,000. Prior to that sales transaction, the property was also sold in Mar 18, 2003 for $465,000. 1143 South Shore Drive was last assessed in 2022. The total value of the property was assessed at $696,000. Specifically, the land the property is located on was valued at $292,000. While improvements on the property were assessed at a total of $404,000. 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 $21,125. 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. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1990
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Construction Type: Wood
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 207,346
  • Lot Size Depth Feet: 7,050
  • Lot Size Frontage Feet: 2,550
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: UNPLATTED 36 118 22
  • Land Acres: 4.76
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: UNPLATTED 36 118 22 COM AT INTERSEC OF W LINE OF MEDICINE LAKE ROAD AND S LINE OF ELECTRIC SHORT LINE RY R&W TH W ALONG SAID

Ownership

  • Current Owner : 1143 SOUTH SHORE LLC
  • Previous Owner : BERGER LARRY A
  • Previous Owner 2: BERGER LINDA M
  • Owner Before Previous Owner: TUMER ELEANOR
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wayzata Public School District
  • School Tax School District: WAYZATA
  • Census Tract: 026516

Geography

  • Assessors Map Reference: MB:59936
  • District: 79
  • Parcel: 36-118-22-22-0002
  • Meridian: SEC 36 QTR 22 TWN 118 RNG 22
  • Municipality: MEDICINE LAKE
  • Latitude: 44.9926
  • Longitude: -93.4179

    Address

  • Full Address: 1143 S Shore Dr
  • Address - House Number: 1143
  • Street Direction: S
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 4936
  • Zip Code: 55441

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,125

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Dec 07, 2015
  • First Open Lien Mortgage Loan Amount: $480,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 07, 2045

    Market Valuation

  • Market Total Value: $696,000
  • Market Land Value: $292,000
  • Market Improvement Value: $404,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $696,000
  • Assessed Land Value: $292,000
  • Assessed Improvements Value: $404,000

    Sales

  • Current Sale Contract Date: Dec 03, 2015
  • Current Sale Recording Date: Dec 07, 2015
  • Current Sale Transaction ID: 1373245952
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05312572
  • Previous Sale Recording Date: Sep 18, 2003
  • Previous Sale Contract Date: Mar 18, 2003
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Dec 07, 2015
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Plymouth - Wayzata



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Frequently Asked Questions

What neighborhood is 1143 South Shore Drive located in?
The 1143 South Shore Drive is a located in the neighborhood of Medicine Lake in Plymouth - Wayzata, Minneapolis.
What is the average sales price for listings in 1143 South Shore Drive?
The average sales price for units in 1143 South Shore Drive is $0 currently.

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