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3162 Butternut Circle Northwest

3162 Butternut Circle Northwest, Prior Lake, MN 55372
Property in Prior Lake
Sold May 08, 2012
$811,336
$417,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2042
Sold Sep 28, 2011
$275,000
$473,250 by Gateway Bank Fsb
Mortgage Due Oct 01, 2012
Local assessors in Prior Lake, MN have categorized 3162 Butternut Circle Northwest as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 18,731 square feet. 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 are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3162 Butternut Circle Northwest has a total of 3,346 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 1,204 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 552 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. 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 - C. The building has a gable style roof that was made of asphalt. Lots of a material which is produced from two or more constituent materials 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, 3162 Butternut Circle Northwest sold most recently in Apr 26, 2012 for a total of $811,336. If you work out the math, that's approximately a cost of $242.48 per sqft. Before that, the property was also sold for $275,000 in Sep 28, 2011. 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 $15,294 in taxes each year. 3162 Butternut Circle Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,422,400. If we break it down further, the land itself was valued at $767,700. Improvements to the property, however, were assessed at a total of $654,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: C
  • Exterior Walls Type: Composition
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,204
  • Garage Type: Garage
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Frontage Feet: 480
  • Total Building Area: 3,346
  • Gross Building Area: 3,586
  • Building Area: 3,346
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,346
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWOOD
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME NORTHWOOD LOT 035 SUBDIVISIONCD 25141 TOGETHER WITH: ALL THAT PART OF GOVERNMENT LOT 5, SECTION 3,

Ownership

  • Current Owner : THOMPSON PATRICK J
  • Current Owner 2: THOMPSON SABRINA L
  • Previous Owner : RADEMACHER BRIAN
  • Previous Owner 2: RADEMACHER MICHELLE R
  • Owner Before Previous Owner: FOURRE FRANK P
  • Owner Before Previous Owner 2: FOURRE MARILYN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prior Lake-Savage Area Schools
  • School Tax School District: PRIOR LAKE
  • School Tax District Code 2: CTY-PRIOR LAKE
  • School Tax District Code 3: SPRNGLAKE WS
  • Census Tract: 080903

Geography

  • Assessors Map Reference: PM 25141
  • District: 0800
  • Parcel: 25-141017-0
  • Lot: 035
  • Municipality: CITY OF PRIOR LAKE
  • Latitude: 44.7092
  • Longitude: -93.456

    Address

  • Full Address: 3162 Butternut Cir Nw
  • Address - House Number: 3162
  • Street Segment Direction: NW
  • Address - Street Name: Butternut
  • Address - Suffix Type: Cir
  • State: MN
  • City Name: Prior Lake
  • Carrier Code: R004
  • 4-Digit Zip Code: 2385
  • Zip Code: 55372

Valuation

    Tax

  • Total Area: 3,062
  • Tax Year: 2023
  • Tax Amount: $15,294
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.1234
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 86
  • Final Value: 1,544,703
  • High Value: 1,735,351
  • Low Value: 1,354,056

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 08, 2012
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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, 2042

    Market Valuation

  • Market Total Value: $1,422,400
  • Market Land Value: $767,700
  • Market Improvement Value: $654,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,422,400
  • Assessed Land Value: $767,700
  • Assessed Improvements Value: $654,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2012
  • Current Sale Recording Date: May 08, 2012
  • Current Sale Transaction ID: 1187269009
  • Current Sale Price: $811,336
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 905038
  • Previous Sale Recording Date: Sep 28, 2011
  • Previous Sale Contract Date: Sep 28, 2011
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 08, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY BANK FSB
  • Previous Mortgage Transaction Date: Sep 28, 2011
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $473,250
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Oct 01, 2012

About Prior Lake



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Frequently Asked Questions

What neighborhood is 3162 Butternut Circle Northwest located in?
The 3162 Butternut Circle Northwest is a located in the neighborhood of Prior Lake in Prior Lake, Prior Lake.
What is the average sales price for listings in 3162 Butternut Circle Northwest?
The average sales price for units in 3162 Butternut Circle Northwest is $0 currently.

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