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4050 Lake Ridge Drive

4050 Lake Ridge Drive, Big Lake, MN 55309
Property in Big Lake
Sold Sep 25, 2018
$215,000
$208,550 by Mortgage Unlimited
Mortgage Due Oct 01, 2048
Sold Dec 05, 2016
$191,727
Local assessors in Big Lake, MN have categorized 4050 Lake Ridge Drive as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 12,197 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, 5 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 4050 Lake Ridge Drive has a total of 1,096 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 858 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 576 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 open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of composition shingle. 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. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 20, 2018 for $215,000. That's $196.17 per sqft. Prior to that sales transaction, the property was also sold in Nov 21, 2016 for $191,727. 4050 Lake Ridge Drive was last assessed in 2022. The total value of the property was assessed at $284,400. Specifically, the land the property is located on was valued at $68,400. While improvements on the property were assessed at a total of $216,000. 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 $3,478. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Split foyer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Cover: Floating floor/laminate
  • Basement Type: Finished improved basement
  • Basement Area: 858
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,096
  • Gross Building Area: 1,096
  • Building Area: 1,096
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,096
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE RIDGE SECOND ADDITION
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6, BLK 1

Ownership

  • Current Owner : BAKER DAVID C
  • Current Owner 2: BAKER KATHRYN
  • Previous Owner : MICKE DANIEL J
  • Previous Owner 2: MICKE NICHOLE L
  • Owner Before Previous Owner: HEITZ GARY L
  • Owner Before Previous Owner 2: HEITZ CAROLINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Big Lake Public School District
  • School Tax School District: BIG LAKE
  • Census Tract: 030406

Geography

  • District: 65
  • Parcel: 65-475-0112
  • Block: 1
  • Lot: 6
  • Meridian: SEC 13 TWN 33N RNG 28W
  • Municipality: BIG LAKE CITY
  • Latitude: 45.3504
  • Longitude: -93.7707

    Address

  • Full Address: 4050 Lake Ridge Dr
  • Address - House Number: 4050
  • Address - Street Name: Lake Ridge
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Big Lake
  • Carrier Code: R006
  • 4-Digit Zip Code: 8973
  • Zip Code: 55309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,478
  • Tax Rate Code Area: BIG LAKE C

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 78
  • Final Value: 313,883
  • High Value: 367,837
  • Low Value: 259,929

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,550
  • First Open Lien Mortgage Lender: MORTGAGE UNLIMITED
  • First Open Lien Mortgage Recording Date: Sep 25, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $208,550
  • 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, 2048

    Market Valuation

  • Market Total Value: $284,400
  • Market Land Value: $68,400
  • Market Improvement Value: $216,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $284,400
  • Assessed Land Value: $68,400
  • Assessed Improvements Value: $216,000

    Sales

  • Current Sale Contract Date: Sep 20, 2018
  • Current Sale Recording Date: Sep 25, 2018
  • Current Sale Transaction ID: 11521623991
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 862570
  • Previous Sale Recording Date: Dec 05, 2016
  • Previous Sale Contract Date: Nov 21, 2016
  • Previous Sale Amount: $191,727
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE UNLIMITED
  • First Mortgage Transaction Date: Sep 25, 2018
  • First Mortgage Loan Amount: $208,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Big Lake



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Frequently Asked Questions

What neighborhood is 4050 Lake Ridge Drive located in?
The 4050 Lake Ridge Drive is a located in the neighborhood of Big Lake in Big Lake, Big Lake.
What is the average sales price for listings in 4050 Lake Ridge Drive?
The average sales price for units in 4050 Lake Ridge Drive is $0 currently.

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