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2016 Forest Drive

2016 Forest Drive, Minneapolis, MN 55423
Sold Dec 18, 2020
$285,000
$140,000 by Bell Bank
Mortgage Due Dec 01, 2040
Local assessors in Minneapolis, MN have categorized 2016 Forest Drive as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 1955. The property's lot size has been calculated to be 13,068 square feet. The linear feet between the front and back of the lot was measured at 1,310 ft and the front of the lot was measured at 1,000 ft. 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 5 rooms in the home. Of these, 2 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 2016 Forest Drive has a total of 1,148 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 400 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 unknown 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. 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 - C+. The building has a hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. 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, 2016 Forest Drive was last sold in Nov 30, 2020 for $285,000. According to our calculations, that's $248.26 per sqft. Current property owners are expected to pay $4,681 in taxes per year. The property on 2016 Forest Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $337,000. To break that down further, the land itself was valued at $174,000. While improvements to the property were assessed at a total of $163,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1949
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 344
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,148
  • Gross Building Area: 1,492
  • Building Area: 1,148
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,148
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRWOOD PARK
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 012 008 FAIRWOOD PARK 100 X 130.7

Ownership

  • Current Owner : ROBBINS RICHARD
  • Current Owner 2: ROBBINS KELLY
  • Previous Owner : ROBBINS WILLARD S
  • Previous Owner 2: ROBBINS BLANCHE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richfield Public School District
  • School Tax School District: RICHFIELD
  • Census Tract: 024200

Geography

  • Assessors Map Reference: MB:45355
  • District: 42
  • Parcel: 28-028-24-32-0093
  • Block: 8
  • Lot: 12
  • Meridian: SEC 28 QTR 32 TWN 028 RNG 24
  • Municipality: RICHFIELD
  • Latitude: 44.8811
  • Longitude: -93.3048

    Address

  • Full Address: 2016 Forest Dr W
  • Address - House Number: 2016
  • Street Segment Direction: W
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C891
  • 4-Digit Zip Code: 2108
  • Zip Code: 55423

Valuation

    Tax

  • Total Area: 2,296
  • Tax Year: 2023
  • Tax Amount: $4,681

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 360,100
  • High Value: 416,449
  • Low Value: 303,751

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2040
  • Second Open Lien Mortgage Loan Amount: $140,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $337,000
  • Market Land Value: $174,000
  • Market Improvement Value: $163,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $337,000
  • Assessed Land Value: $174,000
  • Assessed Improvements Value: $163,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Transaction ID: 11812019445
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10888483

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Dec 18, 2020
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2040

About Northwest Richfield



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6324 Lyndale Ave S #6324 Lyndale Ave S 6334, Richfield, MN, 55423 Listing by Manager

Frequently Asked Questions

What neighborhood is 2016 Forest Drive located in?
The 2016 Forest Drive is a located in the neighborhood of Northwest Richfield in Northwest Richfield, Minneapolis.
What is the average sales price for listings in 2016 Forest Drive?
The average sales price for units in 2016 Forest Drive is $0 currently.

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