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16388 Florida Way

16388 Florida Way, Rosemount, MN 55068
Property in Lakeville
Sold Dec 09, 2016
$250,000
$200,000 by Wings Financial Cu
Mortgage Due Nov 01, 2046
Sold Jul 24, 2002
$190,000
16388 Florida Way in Rosemount, MN was first built in 1970 and is 54 years old. Although, the building on the property was most recently renovated and altered in 1986. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 16388 Florida Way has 921 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. In total, the area measurement of the land is 13,068 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 968 sqft. There are a total of 4 available parking spaces. 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 wood control joints. 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, 16388 Florida Way sold most recently in Oct 21, 2016 for a total of $250,000. If you work out the math, that's approximately a cost of $271.44 per sqft. Before that, the property was also sold for $190,000 in Jun 27, 2002. 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 $3,164 in taxes each year. 16388 Florida Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $324,100. If we break it down further, the land itself was valued at $65,700. Improvements to the property, however, were assessed at a total of $258,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1970
  • Effective Year Built: 1986
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 968
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 921
  • Building Area: 921
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 921
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DONNAYS VALLEY PARK 3RD ADD
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 16 5

Ownership

  • Current Owner : SCHWARTZ LESLIE
  • Current Owner 2: SCHWARTZ MATT
  • Previous Owner : THOMPSON DEREK L
  • Owner Before Previous Owner: YU HOON
  • Owner Before Previous Owner 2: REBECCA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rosemount-Apple Valley-Eagan
  • School Tax School District: 196
  • School Tax District Code 2: VERMILLION RIVE
  • Census Tract: 060830

Geography

  • Assessors Map Reference: MB = 21172
  • District: 22
  • Parcel: 22-21172-05-160
  • Block: 5
  • Lot: 160
  • Meridian: SEC 03 TWN 114N RNG 20W
  • Municipality: LAKEVILLE CITY
  • Latitude: 44.712
  • Longitude: -93.1985

    Address

  • Full Address: 16388 Florida Way W
  • Address - House Number: 16388
  • Street Segment Direction: W
  • Address - Street Name: Florida
  • Address - Suffix Type: Way
  • State: MN
  • City Name: Rosemount
  • Carrier Code: R007
  • 4-Digit Zip Code: 1854
  • Zip Code: 55068

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,164

    Appraisal Valuation

  • Standard Deviation: 0.1331
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 84
  • Final Value: 350,438
  • High Value: 397,109
  • Low Value: 303,768

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: WINGS FINANCIAL CU
  • First Open Lien Mortgage Recording Date: Dec 09, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $324,100
  • Market Land Value: $65,700
  • Market Improvement Value: $258,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $324,100
  • Assessed Land Value: $65,700
  • Assessed Improvements Value: $258,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 21, 2016
  • Current Sale Recording Date: Dec 09, 2016
  • Current Sale Transaction ID: 1931275207
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3166250
  • Previous Sale Recording Date: Jul 24, 2002
  • Previous Sale Contract Date: Jun 27, 2002
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINGS FINANCIAL CU
  • First Mortgage Transaction Date: Dec 09, 2016
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 16388 Florida Way located in?
The 16388 Florida Way is a located in the neighborhood of Lakeville in Lakeville, Rosemount.
What is the average sales price for listings in 16388 Florida Way?
The average sales price for units in 16388 Florida Way is $0 currently.

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