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1235 Lyman Avenue

1235 Lyman Avenue, Wayzata, MN 55391
Property in Orono
Sold Sep 17, 2018
$885,000
$682,900 by United Wholesale Mortgage
Mortgage Due Aug 01, 2049
1235 Lyman Avenue has been categorized by the local assessors in Wayzata, MN as a residential type of property. The building on the property was first built in 1984 and is 40 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1235 Lyman Avenue has 4,376 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 6,050 ft and across the front of the lot is 1,750 ft. The area measurement of the land has been determined as 89,298 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 838 sqft. According to our sources, there are a total of 3 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 excellent. 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 A by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood. 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 floor/wall heating system and being fueled with electricity. 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, 1235 Lyman Avenue was last sold in Sep 4, 2018 for $885,000. According to our calculations, that's $202.24 per sqft. Current property owners are expected to pay $12,294 in taxes per year. The property on 1235 Lyman Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $982,000. To break that down further, the land itself was valued at $320,000. While improvements to the property were assessed at a total of $662,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1984
  • Effective Year Built: 1984
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Excellent
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 1,840
  • Garage Type: Attached
  • Garage Square Area: 838
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 89,298
  • Lot Size Depth Feet: 6,050
  • Lot Size Frontage Feet: 1,750
  • Total Building Area: 4,376
  • Gross Building Area: 6,216
  • Building Area: 4,376
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 4,376
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORONO ORCHARDS
  • Land Acres: 2.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 043 ORONO ORCHARDS INCL ADJ VAC CHARLES ST N 175X605X100X563

Ownership

  • Current Owner : HOUSTON DEBORAH A
  • Current Owner 2: HOUSTON WILLIAM J
  • Previous Owner : PESEK RAE H
  • Previous Owner 2: PESEK PAUL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Orono Public School District
  • School Tax School District: ORONO
  • Census Tract: 027205

Geography

  • Assessors Map Reference: MB:42840
  • District: 38
  • Parcel: 02-117-23-21-0005
  • Lot: 43
  • Meridian: SEC 02 QTR 21 TWN 117 RNG 23
  • Municipality: ORONO
  • Latitude: 44.9774
  • Longitude: -93.5538

    Address

  • Full Address: 1235 Lyman Ave
  • Address - House Number: 1235
  • Address - Street Name: Lyman
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Wayzata
  • Carrier Code: R013
  • 4-Digit Zip Code: 8801
  • Zip Code: 55391

Valuation

    Tax

  • Total Area: 6,932
  • Tax Year: 2023
  • Tax Amount: $12,294

    Appraisal Valuation

  • Standard Deviation: 0.1147
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 88
  • Final Value: 1,092,774
  • High Value: 1,218,201
  • Low Value: 967,346

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,316,250
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 08, 2019
  • First Open Lien Mortgage Loan Amount: $682,900
  • 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, 2049
  • Second Open Lien Mortgage Lender: CITY & COUNTY CU
  • Second Open Lien Mortgage Recording Date: Nov 13, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $85,100
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 13, 2049
  • Third Open Lien Mortgage Lender: STEARNS LENDING LLC
  • Third Open Lien Mortgage Recording Date: May 20, 2021
  • Third Open Lien Mortgage Loan Amount: $548,250
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $982,000
  • Market Land Value: $320,000
  • Market Improvement Value: $662,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $982,000
  • Assessed Land Value: $320,000
  • Assessed Improvements Value: $662,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 04, 2018
  • Current Sale Recording Date: Sep 17, 2018
  • Current Sale Transaction ID: 11509064690
  • Current Sale Price: $885,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10594568

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 17, 2018
  • First Mortgage Loan Amount: $679,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

About Orono



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1235 Lyman Avenue located in?
The 1235 Lyman Avenue is a located in the neighborhood of Orono in Orono, Wayzata.
What is the average sales price for listings in 1235 Lyman Avenue?
The average sales price for units in 1235 Lyman Avenue is $0 currently.

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