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14848 Kral Road

14848 Kral Road, Minnetonka, MN 55345
House in Minnetonka
Sold Mar 06, 2020
$425,000
$403,750 by Bell Bank
Mortgage Due Mar 01, 2050
Sold Nov 08, 2006
$241,900
14848 Kral Road in Minnetonka, MN was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 14848 Kral Road has 1,189 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 900 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 13,504 square feet.

Learn more about the property and building on this page. There is a patio. The home has a hip style roof made of asphalt. For those who need parking, there is a tuck under garage. The garage is 320 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing electric heaters and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 14848 Kral Road sold most recently in Feb 28, 2020 for a total of $425,000. If you work out the math, that's approximately a cost of $357.44 per sqft. Before that, the property was also sold for $241,900 in Oct 20, 2006. 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 $5,323 in taxes each year. 14848 Kral Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $437,700. 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 $235,300. 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.

Building Features

Exterior

Brick Exterior
Stone Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 782
  • Garage Type: Tuckunder
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,189
  • Gross Building Area: 1,971
  • Building Area: 1,189
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,189
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REG. LAND SURVEY NO. 0129
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REG. LAND SURVEY NO. 0129 TRACT B 90 X 150

Ownership

  • Current Owner : EGERT CHRISTOPHER A
  • Current Owner 2: EGERT KATHLEEN C
  • Previous Owner : JANSMA STEVEN CRAIG
  • Owner Before Previous Owner: WESTMARK ELIZABETH L
  • 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:82181
  • District: 34
  • Subdivision Tract Number: B
  • Parcel: 28-117-22-42-0047
  • Meridian: SEC 28 QTR 42 TWN 117 RNG 22
  • Municipality: MINNETONKA
  • Latitude: 44.9128
  • Longitude: -93.47

    Address

  • Full Address: 14848 Kral Rd
  • Address - House Number: 14848
  • Address - Street Name: Kral
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Minnetonka
  • Carrier Code: C002
  • 4-Digit Zip Code: 4633
  • Zip Code: 55345

Valuation

    Tax

  • Total Area: 2,378
  • Tax Year: 2023
  • Tax Amount: $5,323

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 501,674
  • High Value: 583,879
  • Low Value: 419,469

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $538,750
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Mar 06, 2020
  • First Open Lien Mortgage Loan Amount: $403,750
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Lender: BELL BANK
  • Second Open Lien Mortgage Recording Date: Oct 25, 2023
  • Second Open Lien Mortgage Loan Amount: $135,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 12, 2033

    Market Valuation

  • Market Total Value: $437,700
  • Market Land Value: $202,400
  • Market Improvement Value: $235,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $437,700
  • Assessed Land Value: $202,400
  • Assessed Improvements Value: $235,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Transaction ID: 11744845187
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05691199
  • Previous Sale Recording Date: Nov 08, 2006
  • Previous Sale Contract Date: Oct 20, 2006
  • Previous Sale Amount: $241,900
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Mar 06, 2020
  • First Mortgage Loan Amount: $403,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

About Minnetonka - Hopkins



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 14848 Kral Road located in?
The 14848 Kral Road is a house located in the neighborhood of Minnetonka in Minnetonka - Hopkins, Minnetonka.
What is the average sales price for listings in 14848 Kral Road?
The average sales price for units in 14848 Kral Road is $437,000 , or $221/sqft. currently.

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