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4240 Sidell Trail

4240 Sidell Trail, Minneapolis, MN 55416
Property in Edina
Sold Oct 16, 2020
$1,975,000
$1,382,500 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2040
Sold Jul 06, 2016
$1,831,800
$1,373,880
Mortgage
4240 Sidell Trail in Minneapolis, MN was first built in 2015 and is 9 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 13 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 4240 Sidell Trail has 3,522 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,197 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 559 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of wood. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 4240 Sidell Trail sold most recently in Oct 16, 2020 for a total of $1,975,000. If you work out the math, that's approximately a cost of $560.76 per sqft. Before that, the property was also sold for $1,831,800 in Jul 6, 2016. 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 $29,324 in taxes each year. 4240 Sidell Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,007,100. If we break it down further, the land itself was valued at $750,000. Improvements to the property, however, were assessed at a total of $1,257,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2015
  • Effective Year Built: 2015
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,308
  • Garage Type: Attached
  • Garage Square Area: 559
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,620
  • Total Building Area: 3,522
  • Gross Building Area: 4,830
  • Building Area: 3,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 3,522
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ACRES DUBOIS
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 003 001 ACRES DUBOIS E77X162X75X156

Ownership

  • Current Owner : FALVEY DEREK
  • Current Owner 2: FALVEY MEGHAN
  • Previous Owner : ANDERSON KEITH
  • Previous Owner 2: ANDERSON MEGAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Edina Public School District
  • School Tax School District: EDINA
  • Census Tract: 023100

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:09987
  • District: 24
  • Parcel: 07-028-24-42-0131
  • Block: 1
  • Lot: 3
  • Meridian: SEC 07 QTR 42 TWN 028 RNG 24
  • Municipality: EDINA
  • Latitude: 44.924
  • Longitude: -93.3389

    Address

  • Full Address: 4240 Sidell Trl
  • Address - House Number: 4240
  • Address - Street Name: Sidell
  • Address - Suffix Type: Trl
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C014
  • 4-Digit Zip Code: 4191
  • Zip Code: 55416

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $29,324

    Appraisal Valuation

  • Standard Deviation: 0.1528
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 2,124,766
  • High Value: 2,449,452
  • Low Value: 1,800,081

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,382,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 16, 2020
  • First Open Lien Mortgage Loan Amount: $1,382,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2040

    Market Valuation

  • Market Total Value: $2,007,100
  • Market Land Value: $750,000
  • Market Improvement Value: $1,257,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,007,100
  • Assessed Land Value: $750,000
  • Assessed Improvements Value: $1,257,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Transaction ID: 11796037235
  • Current Sale Price: $1,975,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10855707
  • Previous Sale Recording Date: Jul 06, 2016
  • Previous Sale Contract Date: Jul 06, 2016
  • Previous Sale Amount: $1,831,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 16, 2020
  • First Mortgage Loan Amount: $1,382,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2040

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jul 06, 2016
  • Previous Mortgage Loan Amount: $1,373,880

About Edina



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Frequently Asked Questions

What neighborhood is 4240 Sidell Trail located in?
The 4240 Sidell Trail is a located in the neighborhood of Edina in Edina, Minneapolis.
What is the average sales price for listings in 4240 Sidell Trail?
The average sales price for units in 4240 Sidell Trail is $0 currently.

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