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118 Farmdale Road West

118 Farmdale Road West, Hopkins, MN 55343
Property in Hopkins
Sold May 27, 2020
$380,000
$349,600 by Bell Bank
Mortgage Due May 01, 2050
Sold Feb 04, 2003
$305,000
118 Farmdale Road West has been categorized by the local assessors in Hopkins, MN as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 118 Farmdale Road West has 1,510 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 2,040 ft. The area measurement of the land has been determined as 13,939 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 tuck under garage for those who require parking. The garage measured 396 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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 hip style roof made of asphalt. The exterior walls of the building are made of stucco. While the interior walls have been made of plaster. 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 electric heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 118 Farmdale Road West sold most recently in Apr 21, 2020 for a total of $380,000. If you work out the math, that's approximately a cost of $251.66 per sqft. Before that, the property was also sold for $305,000 in Nov 4, 2002. 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 $7,221 in taxes each year. 118 Farmdale Road West was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $492,000. If we break it down further, the land itself was valued at $224,000. Improvements to the property, however, were assessed at a total of $268,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1950
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 411
  • Garage Type: Tuckunder
  • Garage Square Area: 396
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 2,040
  • Total Building Area: 1,510
  • Gross Building Area: 1,921
  • Building Area: 1,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Electric
  • Heated Square Feet: 1,510
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOBBY ACRES LOHMAN-AARHUS DIV
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 002 011 HOBBY ACRES LOHMAN-AARHUS DIV THAT PART OF LOT 2 BLK 11 HOBBY ACRES LOHMAN AARHUS DIVISION AND LOT 1 BLK 3 CAMPBELL

Ownership

  • Current Owner : THOMAS ANDREW
  • Current Owner 2: BECK EMILY
  • Previous Owner : FOSTER CHIEKO OKUTANI
  • Owner Before Previous Owner: SWILER PHILLIP
  • Owner Before Previous Owner 2: SWILER MICHELE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopkins Public School District
  • School Tax School District: HOPKINS
  • Census Tract: 023201

Geography

  • Assessors Map Reference: MB:37450
  • District: 30
  • Parcel: 24-117-22-11-0035
  • Block: 11
  • Lot: 2
  • Meridian: SEC 24 QTR 11 TWN 117 RNG 22
  • Municipality: HOPKINS
  • Latitude: 44.9316
  • Longitude: -93.4019

    Address

  • Full Address: 118 Farmdale Rd W
  • Address - House Number: 118
  • Street Segment Direction: W
  • Address - Street Name: Farmdale
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Hopkins
  • Carrier Code: C004
  • 4-Digit Zip Code: 7184
  • Zip Code: 55343

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,221

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 472,636
  • High Value: 571,036
  • Low Value: 374,236

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $349,600
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: May 27, 2020
  • First Open Lien Mortgage Loan Amount: $349,600
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $492,000
  • Market Land Value: $224,000
  • Market Improvement Value: $268,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $492,000
  • Assessed Land Value: $224,000
  • Assessed Improvements Value: $268,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 21, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Transaction ID: 11762068364
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05711401
  • Previous Sale Recording Date: Feb 04, 2003
  • Previous Sale Contract Date: Nov 04, 2002
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: May 27, 2020
  • First Mortgage Loan Amount: $349,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About Minnetonka - Hopkins



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Frequently Asked Questions

What neighborhood is 118 Farmdale Road West located in?
The 118 Farmdale Road West is a located in the neighborhood of Hopkins in Minnetonka - Hopkins, Hopkins.
What is the average sales price for listings in 118 Farmdale Road West?
The average sales price for units in 118 Farmdale Road West is $0 currently.

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