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40 Hill Street

40 Hill Street, Chanhassen, MN 55317
Property in Chanhassen
Sold Oct 08, 2020
$856,000
$510,400 by Tradition Mortgage
Mortgage Due Oct 01, 2050
Sold Dec 23, 1999
$380,000
40 Hill Street has been categorized by the local assessors in Chanhassen, MN as a residential type of property. The building on the property was first built in 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 1976. The home has a total of 4 rooms. 5 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, 40 Hill Street has 1,515 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 40,075 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 detached garage for those who require parking. The garage measured 756 sqft. According to our sources, there are a total of 3 available parking spaces. 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 or hip style roof made of composition shingle. 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 air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Sep 30, 2020 for $856,000. That's $565.02 per sqft. Prior to that sales transaction, the property was also sold in Nov 22, 1999 for $380,000. 40 Hill Street was last assessed in 2023. The total value of the property was assessed at $872,100. Specifically, the land the property is located on was valued at $526,500. While improvements on the property were assessed at a total of $345,600. 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 $9,742. 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: 1960
  • Effective Year Built: 1976
  • Total Rooms: 4
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,000
  • Garage Type: Detached
  • Garage Square Area: 756
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 1,515
  • Gross Building Area: 4,048
  • Building Area: 1,515
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,515
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSET VIEW
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JOHNSON MICHAEL R
  • Current Owner 2: JOHNSON SARAH G
  • Previous Owner : FLYNN ROBERT
  • Previous Owner 2: FLYNN VALERIE
  • Owner Before Previous Owner: MELBY JOHN E
  • Owner Before Previous Owner 2: MELBY CAROL ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minnetonka Public School District
  • School Tax School District: MINNETONKA
  • Census Tract: 090601

Geography

  • District: 6300
  • Parcel: 25-8400120
  • Block: 1
  • Lot: 14
  • Meridian: SEC 12 TWN 116N RNG 23W
  • Municipality: CITY OF CHANHASSEN
  • Latitude: 44.866
  • Longitude: -93.5219

    Address

  • Full Address: 40 Hill St
  • Address - House Number: 40
  • Address - Street Name: Hill
  • Address - Suffix Type: St
  • State: MN
  • City Name: Chanhassen
  • Carrier Code: R010
  • 4-Digit Zip Code: 9586
  • Zip Code: 55317

Valuation

    Tax

  • Total Area: 2,419
  • Tax Year: 2024
  • Tax Amount: $9,742
  • Tax Rate Code Area: 276

    Appraisal Valuation

  • Standard Deviation: 0.1195
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 87
  • Final Value: 997,266
  • High Value: 1,116,469
  • Low Value: 878,062

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $928,598
  • First Open Lien Mortgage Lender: TRADITION MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 08, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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, 2050
  • Second Open Lien Mortgage Lender: OLD NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Jul 28, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $418,198
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 24, 2053

    Market Valuation

  • Market Total Value: $872,100
  • Market Land Value: $526,500
  • Market Improvement Value: $345,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $872,100
  • Assessed Land Value: $526,500
  • Assessed Improvements Value: $345,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Transaction ID: 11805298439
  • Current Sale Price: $856,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A707165
  • Previous Sale Recording Date: Dec 23, 1999
  • Previous Sale Contract Date: Nov 22, 1999
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRADITION MORTGAGE
  • First Mortgage Transaction Date: Oct 08, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Chanhassen



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 40 Hill Street located in?
The 40 Hill Street is a located in the neighborhood of Chanhassen in Chanhassen, Chanhassen.
What is the average sales price for listings in 40 Hill Street?
The average sales price for units in 40 Hill Street is $0 currently.

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