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13800 Inverness Road

13800 Inverness Road, Hopkins, MN 55305
Property in Minnetonka
Sold Oct 17, 2012
$239,900
$235,554 by Waterstone Mortgage Corp
Mortgage Due Nov 01, 2042
Sold May 17, 2006
$282,000
Local assessors in Hopkins, MN have categorized 13800 Inverness Road as a residential type of property. The home was built in 1928 and is 96 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 21,780 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 850 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 13800 Inverness Road has a total of 1,694 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 308 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 frame control joints. The building has a gable style roof that was made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 13800 Inverness Road sold most recently in Oct 5, 2012 for a total of $239,900. If you work out the math, that's approximately a cost of $141.62 per sqft. Before that, the property was also sold for $282,000 in Apr 28, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,566 in taxes each year. 13800 Inverness Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $368,000. If we break it down further, the land itself was valued at $196,300. Improvements to the property, however, were assessed at a total of $171,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1928
  • Effective Year Built: 1980
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 213
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,694
  • Gross Building Area: 1,907
  • Building Area: 1,694
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,694
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MINNETONKA MILLS ACRES
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 001 002 MINNETONKA MILLS ACRES THAT PART OF LOT 1 DESC AS BEG AT A PT ON THE N LINE OF LOT 1 DIS 278.9 FT WLY OF THE NE COR

Ownership

  • Current Owner : SELANDER MICHAEL
  • Previous Owner : WALTERS PETER A
  • Previous Owner 2: WALTERS KATHERINE M
  • Owner Before Previous Owner: PATTERSON JACK D
  • Owner Before Previous Owner 2: PATTERSON JILL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopkins Public School District
  • School Tax School District: HOPKINS
  • Census Tract: 026101

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:81580
  • District: 34
  • Parcel: 15-117-22-31-0004
  • Block: 2
  • Lot: 1
  • Meridian: SEC 15 QTR 31 TWN 117 RNG 22
  • Municipality: MINNETONKA
  • Latitude: 44.94
  • Longitude: -93.4542

    Address

  • Full Address: 13800 Inverness Rd
  • Address - House Number: 13800
  • Address - Street Name: Inverness
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Hopkins
  • Carrier Code: C058
  • 4-Digit Zip Code: 4017
  • Zip Code: 55305

Valuation

    Tax

  • Total Area: 1,628
  • Tax Year: 2023
  • Tax Amount: $4,566

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 451,915
  • High Value: 526,513
  • Low Value: 377,317

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,554
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 17, 2012
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $235,554
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2042

    Market Valuation

  • Market Total Value: $368,000
  • Market Land Value: $196,300
  • Market Improvement Value: $171,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $368,000
  • Assessed Land Value: $196,300
  • Assessed Improvements Value: $171,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2012
  • Current Sale Recording Date: Oct 17, 2012
  • Current Sale Transaction ID: 1186888255
  • Current Sale Price: $239,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T5008389
  • Previous Sale Recording Date: May 17, 2006
  • Previous Sale Contract Date: Apr 28, 2006
  • Previous Sale Amount: $282,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 17, 2012
  • First Mortgage Loan Amount: $235,554
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2042

    Financing

  • First Mortgage Financing Type: Unknown

About Minnetonka - Hopkins



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Frequently Asked Questions

What neighborhood is 13800 Inverness Road located in?
The 13800 Inverness Road is a located in the neighborhood of Minnetonka in Minnetonka - Hopkins, Hopkins.
What is the average sales price for listings in 13800 Inverness Road?
The average sales price for units in 13800 Inverness Road is $0 currently.

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