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2616 87th Trail

2616 87th Trail, Minneapolis, MN 55443
Property in Brooklyn Park
Sold Sep 27, 2022
$479,800
$455,810 by Home Point Financial Corp
Mortgage Due Oct 01, 2052
Sold Sep 27, 2022
$479,800
$455,810
Mortgage
2616 87th Trail 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 1997 and is 27 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2616 87th Trail has 2,208 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 840 ft. The area measurement of the land has been determined as 10,890 square feet.

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 720 sqft. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. The exterior walls of the building are made of alum/vinyl siding. 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, 2616 87th Trail sold most recently in Sep 26, 2022 for a total of $479,800. If you work out the math, that's approximately a cost of $217.30 per sqft. Before that, the property was also sold for $479,800 in Sep 27, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $6,823 in taxes each year. 2616 87th Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $520,700. If we break it down further, the land itself was valued at $135,000. Improvements to the property, however, were assessed at a total of $385,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1997
  • Effective Year Built: 1997
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 840
  • Total Building Area: 2,208
  • Gross Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STRATFORD CROSSING 4TH
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 001 003 STRATFORD CROSSING 4TH S 84X125X84X130

Ownership

  • Current Owner : DKAE CHUMA
  • Current Owner 2: LFEBUNANDU ADAOBI ANNE
  • Previous Owner : HOWARD ROGER L
  • Previous Owner 2: HOWARD TERESA M
  • Owner Before Previous Owner: HOWARD ROGER
  • Owner Before Previous Owner 2: HOWARD TERESA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Anoka-Hennepin Public School District
  • School Tax School District: ANOKA - HENNEPI
  • Census Tract: 026822

Geography

  • Assessors Map Reference: MB:06004
  • District: 48
  • Parcel: 14-119-21-34-0102
  • Block: 3
  • Lot: 1
  • Meridian: SEC 14 QTR 34 TWN 119 RNG 21
  • Municipality: BROOKLYN PARK
  • Latitude: 45.1123
  • Longitude: -93.3156

    Address

  • Full Address: 2616 87th Trl N
  • Address - House Number: 2616
  • Street Segment Direction: N
  • Address - Street Name: 87th
  • Address - Suffix Type: Trl
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C067
  • 4-Digit Zip Code: 3742
  • Zip Code: 55443

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,823

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 488,955
  • High Value: 597,120
  • Low Value: 380,790

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $911,620
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Sep 27, 2022
  • First Open Lien Mortgage Loan Amount: $455,810
  • 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: Oct 01, 2052
  • Second Open Lien Mortgage Recording Date: Sep 27, 2022
  • Second Open Lien Mortgage Loan Amount: $455,810
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 27, 2052

    Market Valuation

  • Market Total Value: $520,700
  • Market Land Value: $135,000
  • Market Improvement Value: $385,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $520,700
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $385,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 26, 2022
  • Current Sale Recording Date: Sep 27, 2022
  • Current Sale Transaction ID: 11916264803
  • Current Sale Price: $479,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5975386
  • Previous Sale Recording Date: Sep 27, 2022
  • Previous Sale Contract Date: Sep 27, 2022
  • Previous Sale Amount: $479,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORP
  • First Mortgage Transaction Date: Sep 27, 2022
  • First Mortgage Loan Amount: $455,810
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: Sep 27, 2022
  • Previous Mortgage Loan Amount: $455,810
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Brooklyn Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2616 87th Trail located in?
The 2616 87th Trail is a located in the neighborhood of Brooklyn Park in Brooklyn Park, Minneapolis.
What is the average sales price for listings in 2616 87th Trail?
The average sales price for units in 2616 87th Trail is $0 currently.

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