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1545 Neal Avenue Court North

1545 Neal Avenue Court North, Lake Elmo, MN 55042
Property in West Lakeland
Sold Aug 09, 2021
$825,000
$536,250 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2051
Sold Aug 09, 1996
$75,000
Local assessors in Lake Elmo, MN have categorized 1545 Neal Avenue Court North as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 181,602 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 4 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1545 Neal Avenue Court North has a total of 2,160 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 2,140 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened porch so you'll have a great option in the front 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 or hip style roof that was made of asphalt. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1545 Neal Avenue Court North was last sold in Jul 22, 2021 for $825,000. According to our calculations, that's $381.94 per sqft. Prior to that sales transaction, the property was sold for $75,000 in Aug 1, 1996. Current property owners are expected to pay $6,962 in taxes per year. The property on 1545 Neal Avenue Court North was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $768,400. To break that down further, the land itself was valued at $281,100. While improvements to the property were assessed at a total of $487,300. 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. 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.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.

Building Features

Exterior

Stucco Exterior

Parking

Attached Garage
Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 2,140
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 181,602
  • Total Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,160
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST LAKELAND BLUFFS
  • Land Acres: 4.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME WEST LAKELAND BLUFFS LOT 1 BLOCK 2 SUBDIVISIONCD 97795

Ownership

  • Current Owner : RHEW PERRY
  • Current Owner 2: CHASTEEN TERRY
  • Previous Owner : MILBRATH DEAN S
  • Previous Owner 2: MILBRATH DIANE L
  • Owner Before Previous Owner: URBAN SKIES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Stillwater Area Public School District
  • School Tax School District: STILLWATER
  • Census Tract: 070705

Geography

  • District: 0017
  • Parcel: 29-029-20-32-0002
  • Block: 2
  • Lot: 1
  • Meridian: SEC 29 TWN 29N RNG 20W
  • Municipality: TOWN OF WEST LAKELAND
  • Latitude: 44.9705
  • Longitude: -92.8405

    Address

  • Full Address: 1545 Neal Avenue Ct N
  • Address - House Number: 1545
  • Street Segment Direction: N
  • Address - Street Name: Neal Avenue
  • Address - Suffix Type: Ct
  • State: MN
  • City Name: Lake Elmo
  • Carrier Code: R042
  • 4-Digit Zip Code: 8600
  • Zip Code: 55042

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,962
  • Tax Rate Code Area: 0902 834 V

    Appraisal Valuation

  • Standard Deviation: 0.157
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 780,313
  • High Value: 902,869
  • Low Value: 657,758

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,361,250
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 09, 2021
  • First Open Lien Mortgage Loan Amount: $536,250
  • 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, 2051
  • Second Open Lien Mortgage Loan Amount: $825,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $768,400
  • Market Land Value: $281,100
  • Market Improvement Value: $487,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $768,400
  • Assessed Land Value: $281,100
  • Assessed Improvements Value: $487,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Transaction ID: 11846350587
  • Current Sale Price: $825,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4328009
  • Previous Sale Recording Date: Aug 09, 1996
  • Previous Sale Contract Date: Aug 01, 1996
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 09, 2021
  • First Mortgage Loan Amount: $536,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Washington



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Frequently Asked Questions

What neighborhood is 1545 Neal Avenue Court North located in?
The 1545 Neal Avenue Court North is a located in the neighborhood of West Lakeland in Washington, Lake Elmo.
What is the average sales price for listings in 1545 Neal Avenue Court North?
The average sales price for units in 1545 Neal Avenue Court North is $0 currently.

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