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1801 Fountain Lane

1801 Fountain Lane, Waconia, MN 55387
Property in Waconia
Sold Jan 05, 2022
$355,000
Buyer
Seller
$363,165 by Axia Financial Llc
Mortgage Due Jan 01, 2052
Sold Apr 30, 2015
$244,900
$240,463 by Marketplace Home Mortgage Llc
Mortgage Due May 01, 2045
Local assessors in Waconia, MN have categorized 1801 Fountain Lane as a residential type of property. The home was built in 1998 and is 26 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 13,939 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split foyer style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 is one full bathroom. There are also 2 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 1801 Fountain Lane has a total of 1,084 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 attached garage for those who need a place to park their vehicle. The garage on the property is 580 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. The building has a gable or hip style roof that was made of composition shingle. Lots of a combination of material 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. 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, 1801 Fountain Lane was last sold in Dec 13, 2021 for $355,000. According to our calculations, that's $327.49 per sqft. Prior to that sales transaction, the property was sold for $244,900 in Apr 24, 2015. Current property owners are expected to pay $4,332 in taxes per year. The property on 1801 Fountain Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $359,000. To break that down further, the land itself was valued at $110,000. While improvements to the property were assessed at a total of $249,000. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2000
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B+
  • Building Style: Split foyer
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 729
  • Garage Type: Attached
  • Garage Square Area: 580
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,084
  • Gross Building Area: 2,708
  • Building Area: 1,084
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,084
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLEARWATER MILLS 2ND ADDITION
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WELTER JACK
  • Previous Owner : KEVIN KEEGAN
  • Owner Before Previous Owner: GILMAN RYAN
  • Owner Before Previous Owner 2: GILMAN BRIDGET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waconia Public School District
  • School Tax School District: WACONIA
  • Census Tract: 090302

Geography

  • District: 1100
  • Parcel: 75-1040240
  • Block: 3
  • Lot: 12
  • Meridian: SEC 25 TWN 116N RNG 25W
  • Municipality: CITY OF WACONIA
  • Latitude: 44.8301
  • Longitude: -93.783

    Address

  • Full Address: 1801 Fountain Ln
  • Address - House Number: 1801
  • Address - Street Name: Fountain
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Waconia
  • Carrier Code: R005
  • 4-Digit Zip Code: 9442
  • Zip Code: 55387

Valuation

    Tax

  • Total Area: 1,870
  • Tax Year: 2024
  • Tax Amount: $4,332
  • Tax Rate Code Area: 110

    Appraisal Valuation

  • Standard Deviation: 0.137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 388,345
  • High Value: 441,559
  • Low Value: 335,131

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $363,165
  • First Open Lien Mortgage Lender: AXIA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jan 05, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $363,165
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $359,000
  • Market Land Value: $110,000
  • Market Improvement Value: $249,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,000
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $249,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Transaction ID: 11879350132
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 740092
  • Previous Sale Recording Date: Apr 30, 2015
  • Previous Sale Contract Date: Apr 24, 2015
  • Previous Sale Amount: $244,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AXIA FINANCIAL LLC
  • First Mortgage Transaction Date: Jan 05, 2022
  • First Mortgage Loan Amount: $363,165
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MARKETPLACE HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Apr 30, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $240,463
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2045

About Waconia



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Frequently Asked Questions

What neighborhood is 1801 Fountain Lane located in?
The 1801 Fountain Lane is a located in the neighborhood of Waconia in Waconia, Waconia.
What is the average sales price for listings in 1801 Fountain Lane?
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