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14060 Royal Court

14060 Royal Court, Minnetonka, MN 55345
Property in Minnetonka
Sold Nov 10, 2020
$360,000
$316,800 by Alerus Financial Na
Mortgage Due Oct 01, 2050
14060 Royal Court has been categorized by the local assessors in Minnetonka, MN as a residential type of property. The building on the property was first built in 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 14060 Royal Court has 1,520 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 1,110 ft and across the front of the lot is 470 ft. The area measurement of the land has been determined as 15,246 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer 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 463 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 average. 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. 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. 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, 14060 Royal Court sold most recently in Sep 28, 2020 for a total of $360,000. If you work out the math, that's approximately a cost of $236.84 per sqft. 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 $4,917 in taxes each year. 14060 Royal Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $408,300. If we break it down further, the land itself was valued at $202,400. Improvements to the property, however, were assessed at a total of $205,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1960
  • Effective Year Built: 1980
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Split foyer
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 538
  • Garage Type: Tuckunder
  • Garage Square Area: 463
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,520
  • Gross Building Area: 2,058
  • Building Area: 1,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,520
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL COURT
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 006 001 ROYAL COURT 47X111X163X40X150

Ownership

  • Current Owner : OKONEK LACEY
  • Current Owner 2: OKONEK MITCHELL
  • Previous Owner : BLODEN JEAN I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopkins Public School District
  • School Tax School District: HOPKINS
  • Census Tract: 026206

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:82830
  • District: 34
  • Parcel: 27-117-22-23-0046
  • Block: 1
  • Lot: 6
  • Meridian: SEC 27 QTR 23 TWN 117 RNG 22
  • Municipality: MINNETONKA
  • Latitude: 44.9144
  • Longitude: -93.46

    Address

  • Full Address: 14060 Royal Ct
  • Address - House Number: 14060
  • Address - Street Name: Royal
  • Address - Suffix Type: Ct
  • State: MN
  • City Name: Minnetonka
  • Carrier Code: C004
  • 4-Digit Zip Code: 3928
  • Zip Code: 55345

Valuation

    Tax

  • Total Area: 1,520
  • Tax Year: 2023
  • Tax Amount: $4,917

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 473,485
  • High Value: 551,346
  • Low Value: 395,623

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $622,726
  • First Open Lien Mortgage Lender: ALERUS FINANCIAL NA
  • First Open Lien Mortgage Recording Date: Nov 10, 2020
  • First Open Lien Mortgage Loan Amount: $316,800
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Loan Amount: $305,926
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $408,300
  • Market Land Value: $202,400
  • Market Improvement Value: $205,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $408,300
  • Assessed Land Value: $202,400
  • Assessed Improvements Value: $205,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Nov 10, 2020
  • Current Sale Transaction ID: 11804471588
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05768429

    Last Sale Mortgage

  • First Mortgage Lender: ALERUS FINANCIAL NA
  • First Mortgage Transaction Date: Nov 10, 2020
  • First Mortgage Loan Amount: $316,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Minnetonka - Hopkins



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Frequently Asked Questions

What neighborhood is 14060 Royal Court located in?
The 14060 Royal Court is a located in the neighborhood of Minnetonka in Minnetonka - Hopkins, Minnetonka.
What is the average sales price for listings in 14060 Royal Court?
The average sales price for units in 14060 Royal Court is $0 currently.

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