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305 Union Terrace Lane North

305 Union Terrace Lane North, Minneapolis, MN 55441
Property in Plymouth
Sold Apr 19, 2019
$297,150
$267,435 by American Mortgage & Equity Con
Mortgage Due May 01, 2049
Sold Mar 09, 2018
Transfer
305 Union Terrace Lane North 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 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 9 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 305 Union Terrace Lane North has 1,644 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 21,344 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 attached garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a space/suspended heating system. The property was last sold in Mar 29, 2019 for $297,150. That's $180.75 per sqft. 305 Union Terrace Lane North was last assessed in 2022. The total value of the property was assessed at $482,000. Specifically, the land the property is located on was valued at $139,000. While improvements on the property were assessed at a total of $343,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,584. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2000
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 739
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 21,344
  • Lot Size Depth Feet: 2,100
  • Total Building Area: 1,644
  • Gross Building Area: 2,383
  • Building Area: 1,644
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 1,644
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IVANHOE WOODS
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 009 004 IVANHOE WOODS THAT PART OF LOT 9 LYING NLY OF S 5 FT THEREOF E101X210X103X214

Ownership

  • Current Owner : HAUBRICH JOEL
  • Previous Owner : BANK OF NEW YORK MELLON TRUST CO NA
  • Owner Before Previous Owner: SCHOENACK DEBORAH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopkins Public School District
  • School Tax School District: HOPKINS
  • Census Tract: 026507

Geography

  • Assessors Map Reference: MB:44230
  • District: 40
  • Parcel: 36-118-22-31-0044
  • Block: 4
  • Lot: 9
  • Meridian: SEC 36 QTR 31 TWN 118 RNG 22
  • Municipality: PLYMOUTH
  • Latitude: 44.9824
  • Longitude: -93.4151

    Address

  • Full Address: 305 Union Terrace Ln N
  • Address - House Number: 305
  • Street Segment Direction: N
  • Address - Street Name: Union Terrace
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 6238
  • Zip Code: 55441

Valuation

    Tax

  • Total Area: 2,760
  • Tax Year: 2023
  • Tax Amount: $5,584

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 489,095
  • High Value: 569,246
  • Low Value: 408,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $267,435
  • First Open Lien Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • First Open Lien Mortgage Recording Date: Apr 19, 2019
  • First Open Lien Mortgage Loan Amount: $267,435
  • 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: May 01, 2049

    Market Valuation

  • Market Total Value: $482,000
  • Market Land Value: $139,000
  • Market Improvement Value: $343,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $482,000
  • Assessed Land Value: $139,000
  • Assessed Improvements Value: $343,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2019
  • Current Sale Recording Date: Apr 19, 2019
  • Current Sale Transaction ID: 11600031162
  • Current Sale Price: $297,150
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: A10652276
  • Previous Sale Recording Date: Mar 09, 2018
  • Previous Sale Contract Date: Mar 09, 2018
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • First Mortgage Transaction Date: Apr 19, 2019
  • First Mortgage Loan Amount: $267,435
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

About Plymouth - Wayzata



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Frequently Asked Questions

What neighborhood is 305 Union Terrace Lane North located in?
The 305 Union Terrace Lane North is a located in the neighborhood of Plymouth in Plymouth - Wayzata, Minneapolis.
What is the average sales price for listings in 305 Union Terrace Lane North?
The average sales price for units in 305 Union Terrace Lane North is $0 currently.

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