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2416 Pearson Parkway

2416 Pearson Parkway, Minneapolis, MN 55444
Property in Brooklyn Park
Sold Feb 24, 2020
$250,000
$242,500 by Broker Solutions Inc
Mortgage Due Feb 01, 2050
Sold Jan 23, 2012
$146,500
$142,785 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2042
2416 Pearson Parkway has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1975 and is 49 years old. However, we must point out that the home was most recently renovated and altered in 1986. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 2416 Pearson Parkway has 1,112 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,326 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of a material which is produced from two or more constituent materials. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2416 Pearson Parkway sold most recently in Jan 27, 2020 for a total of $250,000. If you work out the math, that's approximately a cost of $224.82 per sqft. Before that, the property was also sold for $146,500 in Jan 4, 2012. 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 $4,319 in taxes each year. 2416 Pearson Parkway was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $295,300. If we break it down further, the land itself was valued at $125,000. Improvements to the property, however, were assessed at a total of $170,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1975
  • Effective Year Built: 1986
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Split foyer
  • Exterior Walls Type: Composition
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,350
  • Total Building Area: 1,112
  • Gross Building Area: 1,112
  • Building Area: 1,112
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,112
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKLAND ESTATES
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 010 005 PARKLAND ESTATES W75X135X95X135

Ownership

  • Current Owner : LEE MENG
  • Previous Owner : LOR PAO C
  • Previous Owner 2: VANG CHOUA
  • Owner Before Previous Owner: WEST MICHAEL L
  • Owner Before Previous Owner 2: WEST PATRICIA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Osseo Public School District
  • School Tax School District: OSSEO
  • Census Tract: 026814

Geography

  • Assessors Map Reference: MB:88445
  • District: 48
  • Parcel: 23-119-21-24-0040
  • Block: 5
  • Lot: 10
  • Meridian: SEC 23 QTR 24 TWN 119 RNG 21
  • Municipality: BROOKLYN PARK
  • Latitude: 45.1027
  • Longitude: -93.3114

    Address

  • Full Address: 2416 Pearson Pkwy
  • Address - House Number: 2416
  • Address - Street Name: Pearson
  • Address - Suffix Type: Pkwy
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C033
  • 4-Digit Zip Code: 1627
  • Zip Code: 55444

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,319

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 325,058
  • High Value: 380,365
  • Low Value: 269,750

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $485,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Feb 24, 2020
  • First Open Lien Mortgage Loan Amount: $242,500
  • 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, 2050
  • Second Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • Second Open Lien Mortgage Recording Date: Feb 24, 2020
  • Second Open Lien Mortgage Loan Amount: $242,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $295,300
  • Market Land Value: $125,000
  • Market Improvement Value: $170,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $295,300
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $170,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 27, 2020
  • Current Sale Recording Date: Feb 24, 2020
  • Current Sale Transaction ID: 11738598629
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05688185
  • Previous Sale Recording Date: Jan 23, 2012
  • Previous Sale Contract Date: Jan 04, 2012
  • Previous Sale Amount: $146,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Feb 24, 2020
  • First Mortgage Loan Amount: $242,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050
  • Second Mortgage Lender: BROKER SOLUTIONS INC
  • Second Mortgage Transaction Date: Feb 24, 2020
  • Second Mortgage Loan Amount: $242,500
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Stand Alone Second
  • Second Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 23, 2012
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $142,785
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2042

About Brooklyn Park - Maple Grove



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Nearby Rentals

Unit for rent at 1800 82nd Avenue N, Brooklyn Park, MN, 55444

$2,445 /mo

  • 3 Beds
  • 2 Baths
  • 1,678 ft²
1800 82nd Avenue N, Brooklyn Park, MN, 55444 Listing by Joe Lindeberg

Frequently Asked Questions

What neighborhood is 2416 Pearson Parkway located in?
The 2416 Pearson Parkway is a located in the neighborhood of Brooklyn Park in Brooklyn Park - Maple Grove, Minneapolis.
What is the average sales price for listings in 2416 Pearson Parkway?
The average sales price for units in 2416 Pearson Parkway is $0 currently.

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