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26625 Woodcrest Drive

26625 Woodcrest Drive, Elko New Market, MN 55020
Property in Elko New Market
Sold Dec 30, 2019
$256,000
$251,363 by Cmg Mortgage Inc
Mortgage Due Nov 01, 2049
Sold Mar 18, 2016
$222,500
$200,250 by Cmg Financial
Mortgage Due Apr 01, 2046
Local assessors in Elko New Market, MN have categorized 26625 Woodcrest Drive as a residential type of property. The home was built in 1978 and is 46 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 29,621 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 0 rooms in the home. Of these, 4 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. If we look only at the heated or air conditioned part of the building, then 26625 Woodcrest Drive has a total of 864 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 864 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 480 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 - D. The building has a gable style roof that was made of asphalt. Lots of unknown 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 26625 Woodcrest Drive sold most recently in Nov 7, 2019 for a total of $256,000. If you work out the math, that's approximately a cost of $296.30 per sqft. Before that, the property was also sold for $222,500 in Mar 10, 2016. 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 $3,722 in taxes each year. 26625 Woodcrest Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $303,300. If we break it down further, the land itself was valued at $140,100. Improvements to the property, however, were assessed at a total of $163,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1978
  • Effective Year Built: 1995
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: D
  • Building Style: Split foyer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Basement Type: Finished improved basement
  • Basement Area: 864
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 864
  • Gross Building Area: 3,070
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODCREST-MERGED W/NMC
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME WOODCREST-MERGED W/NMC LOT 021 BLOCK 002 SUBDIVISIONCD 23031

Ownership

  • Current Owner : SCHERER ZACHARY
  • Current Owner 2: BUCKNER MADDISON
  • Previous Owner : SCHERER STEVEN R
  • Previous Owner 2: SCHERER MARY C
  • Owner Before Previous Owner: LAU ALEXANDER GERALD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lakeville Public School District
  • School Tax School District: LAKEVILLE
  • School Tax District Code 2: C-ELKO NEW MRKT
  • School Tax District Code 3: VERMILLION WMO
  • Census Tract: 081103

Geography

  • Assessors Map Reference: PM 23031
  • District: 0600
  • Parcel: 23-031023-0
  • Block: 002
  • Lot: 021
  • Municipality: CITY OF ELKO NEW MARKET
  • Latitude: 44.5647
  • Longitude: -93.3147

    Address

  • Full Address: 26625 Woodcrest Dr
  • Address - House Number: 26625
  • Address - Street Name: Woodcrest
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Elko New Market
  • Carrier Code: R002
  • 4-Digit Zip Code: 9506
  • Zip Code: 55020

Valuation

    Tax

  • Total Area: 1,164
  • Tax Year: 2023
  • Tax Amount: $3,722
  • Tax Rate Code Area: 1802

    Appraisal Valuation

  • Standard Deviation: 0.1247
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 86
  • Final Value: 343,782
  • High Value: 386,681
  • Low Value: 300,884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,363
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 30, 2019
  • First Open Lien Mortgage Loan Amount: $251,363
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $303,300
  • Market Land Value: $140,100
  • Market Improvement Value: $163,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,300
  • Assessed Land Value: $140,100
  • Assessed Improvements Value: $163,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 07, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Transaction ID: 11712356297
  • Current Sale Price: $256,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1082337
  • Previous Sale Recording Date: Mar 18, 2016
  • Previous Sale Contract Date: Mar 10, 2016
  • Previous Sale Amount: $222,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Dec 30, 2019
  • First Mortgage Loan Amount: $251,363
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CMG FINANCIAL
  • Previous Mortgage Transaction Date: Mar 18, 2016
  • Previous Mortgage Loan Amount: $200,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Elko New Market



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Frequently Asked Questions

What neighborhood is 26625 Woodcrest Drive located in?
The 26625 Woodcrest Drive is a located in the neighborhood of Elko New Market in Elko New Market, Elko New Market.
What is the average sales price for listings in 26625 Woodcrest Drive?
The average sales price for units in 26625 Woodcrest Drive is $0 currently.

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