Check Availability

2301 Parklands Road

2301 Parklands Road, Minneapolis, MN 55416
Property in Lake Forest
Sold Jun 03, 2021
$750,000
$998,165 by Nexera Holding Llc
Mortgage Due Feb 01, 2054
2301 Parklands Road in Minneapolis, MN was first built in 1967 and is 57 years old. Although, the building on the property was most recently renovated and altered in 2020. 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 13 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 2301 Parklands Road has 3,066 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 33,106 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof. For those who need parking, there is a tuck under garage. The garage is 805 sqft. 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 a packaged air conditioning unit. As for heating, the home is utilizing electric heaters and being fueled with electricity. 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, 2301 Parklands Road sold most recently in Nov 18, 2020 for a total of $750,000. If you work out the math, that's approximately a cost of $244.62 per sqft. 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 $15,493 in taxes each year. 2301 Parklands Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $978,300. If we break it down further, the land itself was valued at $468,800. Improvements to the property, however, were assessed at a total of $509,500. 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: 1967
  • Effective Year Built: 2020
  • Building Count: 2
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Style: Split level
  • Roof Shape Type: Gable
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 2,146
  • Garage Type: Tuckunder
  • Garage Square Area: 805
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Total Building Area: 3,066
  • Gross Building Area: 5,212
  • Building Area: 3,066
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Electric
  • Heated Square Feet: 3,066
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKLANDS TRACT LAKE FOREST ADDN
  • Land Acres: 0.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARKLANDS TRACT LAKE FOREST ADDN TRACT N EXCEPT THE SOUTH 12 FEET THEREOF AND COMMENCING AT A POINT IN THE NORTH LINE OF LOT

Ownership

  • Current Owner : PENICHOT THIERRY
  • Previous Owner : RATNER ELLEN RACHEL
  • Previous Owner 2: RATNER ELLEN RACHEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: St. Louis Park Public School District
  • School Tax School District: ST LOUIS PARK
  • Census Tract: 022801

Geography

  • Assessors Map Reference: MB:51760
  • District: 46
  • Subdivision Tract Number: N
  • Parcel: 31-029-24-12-0067
  • Meridian: SEC 31 QTR 12 TWN 029 RNG 24
  • Municipality: ST. LOUIS PARK
  • Latitude: 44.9608
  • Longitude: -93.3361

    Address

  • Full Address: 2301 Parklands Rd
  • Address - House Number: 2301
  • Address - Street Name: Parklands
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C049
  • 4-Digit Zip Code: 3860
  • Zip Code: 55416

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,493

    Appraisal Valuation

  • Standard Deviation: 0.0878
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 2,183,126
  • High Value: 2,375,022
  • Low Value: 1,991,230

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $998,165
  • First Open Lien Mortgage Lender: NEXERA HOLDING LLC
  • First Open Lien Mortgage Recording Date: Feb 06, 2024
  • First Open Lien Mortgage Loan Amount: $998,165
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $978,300
  • Market Land Value: $468,800
  • Market Improvement Value: $509,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $978,300
  • Assessed Land Value: $468,800
  • Assessed Improvements Value: $509,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2020
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11840821658
  • Current Sale Price: $750,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: T05843232

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $487,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Lake Forest



Similar Buildings

Property at 2301 Parklands Road,

2700 Toledo Avenue South

  • 1 Unit for Sale
  • 2 Stories
2700 Toledo Avenue South, Minneapolis, MN 55416
Property at 2301 Parklands Road,

3511 St Paul Avenue

  • 1 Unit for Sale
  • 1 Story
3511 St Paul Avenue, Minneapolis, MN 55416
Property at 2301 Parklands Road,

4212 Glencrest Road

  • 1 Unit for Sale
  • 2 Stories
4212 Glencrest Road, Minneapolis, MN 55416
Property at 2301 Parklands Road,

5209 Minnetonka Boulevard

  • 1 Unit for Sale
  • 2 Stories
5209 Minnetonka Boulevard, Minneapolis, MN 55416
Property at 2301 Parklands Road,

3131 Excelsior Boulevard

  • 1 Unit for Sale
3131 Excelsior Boulevard, Minneapolis, MN 55416

Nearby Rentals

Unit for rent at 2235 Hampshire Avenue S, Saint Louis Park, MN, 55426

$2,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
2235 Hampshire Avenue S, Saint Louis Park, MN, 55426 Listing by Thomas E Fleetham

Frequently Asked Questions

What neighborhood is 2301 Parklands Road located in?
The 2301 Parklands Road is a located in the neighborhood of Lake Forest in Lake Forest, Minneapolis.
What is the average sales price for listings in 2301 Parklands Road?
The average sales price for units in 2301 Parklands Road is $0 currently.

Quantcast