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316 Elmwood Road

316 Elmwood Road, Hoyt Lakes, MN 55750
House in Hoyt Lakes
Sold Jul 01, 2022
$90,000
$90,000 by Primelending
Mortgage Due Jun 01, 2052
Sold May 27, 2022
$90,000
$90,000
Mortgage
316 Elmwood Road has been categorized by the local assessors in Hoyt Lakes, MN as a residential type of property. The building on the property was first built in 1956 and is 68 years old. The home has a total of 4 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 316 Elmwood Road has 1,170 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 489 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,612 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 garage for those who require parking. The garage measured 231 sqft. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, the home is utilizing gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 27, 2022 for $90,000. That's $76.92 per sqft. Prior to that sales transaction, the property was also sold in May 27, 2022 for $90,000. 316 Elmwood Road was last assessed in 2022. The total value of the property was assessed at $64,200. Specifically, the land the property is located on was valued at $5,100. While improvements on the property were assessed at a total of $59,100. 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 $0. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1956
  • Effective Year Built: 1956
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Bungalow
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 489
  • Garage Type: Garage
  • Garage Square Area: 231
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,612
  • Total Building Area: 1,170
  • Gross Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,170
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOYT LAKES SUB 4
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 0008 BLOCK:025 SERIAL #

Ownership

  • Current Owner : SCHULTZ TERRI LYNN
  • Previous Owner : BOCKELMANN TRAVIS S
  • Previous Owner 2: BOCKELMANN TIFFANY L
  • Owner Before Previous Owner: BOCKELMAN TRAVIS
  • Owner Before Previous Owner 2: BOCKELMAN TIFFANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mesabi East School District
  • School Tax School District: 2711
  • Census Tract: 014000

Geography

  • Assessors Map Reference: MB 24
  • Account Number: 1132654
  • District: 142
  • Parcel: 142-0024-01880
  • Block: 25
  • Lot: 8
  • Municipality: CITY OF HOYT LAKES
  • Latitude: 47.5159
  • Longitude: -92.1398

    Address

  • Full Address: 316 Elmwood Rd
  • Address - House Number: 316
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Hoyt Lakes
  • Carrier Code: C001
  • 4-Digit Zip Code: 1213
  • Zip Code: 55750

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: CITY OF HO

    Appraisal Valuation

  • Standard Deviation: 0.3568
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 28
  • Final Value: 154,385
  • High Value: 209,472
  • Low Value: 99,297

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Jul 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $64,200
  • Market Land Value: $5,100
  • Market Improvement Value: $59,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,200
  • Assessed Land Value: $5,100
  • Assessed Improvements Value: $59,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: Jul 01, 2022
  • Current Sale Transaction ID: 11893852611
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1058382
  • Previous Sale Recording Date: May 27, 2022
  • Previous Sale Contract Date: May 27, 2022
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Jul 01, 2022
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Transaction Date: May 27, 2022
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Hoyt Lakes



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Frequently Asked Questions

What neighborhood is 316 Elmwood Road located in?
The 316 Elmwood Road is a house located in the neighborhood of Hoyt Lakes in Hoyt Lakes, Hoyt Lakes.
What is the average sales price for listings in 316 Elmwood Road?
The average sales price for units in 316 Elmwood Road is $0 currently.

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