Check Availability

4700 Gaywood Drive

4700 Gaywood Drive, Minnetonka, MN 55345
Property in Minnetonka
Sold Apr 20, 2023
$575,000
$345,000 by United Wholesale Mortgage Llc
Mortgage Due Mar 01, 2053
Sold Feb 16, 2023
$575,000
$570,000
Mortgage
4700 Gaywood Drive in Minnetonka, MN was first built in 1968 and is 56 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split foyer style. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4700 Gaywood Drive has 2,054 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. The linear feet across the front of the lot is 2,800 ft and the linear feet between the front and back of the lot is 1,820. In total, the area measurement of the land is 33,106 square feet.

Learn more about the property and building on this page. There is a patio. The home has a hip style roof made of asphalt. For those who need parking, there is a tuck under garage. The garage is 832 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 frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 4700 Gaywood Drive sold most recently in Feb 16, 2023 for a total of $575,000. If you work out the math, that's approximately a cost of $279.94 per sqft. Before that, the property was also sold for $575,000 in Feb 16, 2023. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $6,952 in taxes each year. 4700 Gaywood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $488,000. If we break it down further, the land itself was valued at $213,400. Improvements to the property, however, were assessed at a total of $274,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Driveway

Driveway

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1990
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Split foyer
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 461
  • Garage Type: Tuckunder
  • Garage Square Area: 832
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 33,106
  • Lot Size Depth Feet: 1,820
  • Lot Size Frontage Feet: 2,800
  • Total Building Area: 2,054
  • Gross Building Area: 2,515
  • Building Area: 2,054
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 2,054
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST HILLS 4TH ADDN
  • Land Acres: 0.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 008 001 FOREST HILLS 4TH ADDN E 280X182X132X136

Ownership

  • Current Owner : KENNEDY MEN BETH
  • Current Owner 2: FLUKER DONALD
  • Previous Owner : WESTWOOD DIVERSIFIED INC
  • Owner Before Previous Owner: Westwood Diversified Inc
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Hopkins Public School District
  • School Tax School District: HOPKINS
  • Census Tract: 026206

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:80393
  • District: 34
  • Parcel: 27-117-22-21-0024
  • Block: 1
  • Lot: 8
  • Meridian: SEC 27 QTR 21 TWN 117 RNG 22
  • Municipality: MINNETONKA
  • Latitude: 44.9186
  • Longitude: -93.4535

    Address

  • Full Address: 4700 Gaywood Dr
  • Address - House Number: 4700
  • Address - Street Name: Gaywood
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Minnetonka
  • Carrier Code: C004
  • 4-Digit Zip Code: 3923
  • Zip Code: 55345

Valuation

    Tax

  • Total Area: 4,148
  • Tax Year: 2023
  • Tax Amount: $6,952

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 596,036
  • High Value: 693,704
  • Low Value: 498,369

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $345,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 20, 2023
  • First Open Lien Mortgage Loan Amount: $345,000
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $488,000
  • Market Land Value: $213,400
  • Market Improvement Value: $274,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $488,000
  • Assessed Land Value: $213,400
  • Assessed Improvements Value: $274,600

    Sales

  • Current Sale Contract Date: Feb 16, 2023
  • Current Sale Recording Date: Apr 20, 2023
  • Current Sale Transaction ID: 11906503830
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6008868
  • Previous Sale Recording Date: Feb 16, 2023
  • Previous Sale Contract Date: Feb 16, 2023
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 20, 2023
  • First Mortgage Loan Amount: $345,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Transaction Date: Feb 16, 2023
  • Previous Mortgage Loan Amount: $570,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Minnetonka - Hopkins



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4700 Gaywood Drive located in?
The 4700 Gaywood Drive is a located in the neighborhood of Minnetonka in Minnetonka - Hopkins, Minnetonka.
What is the average sales price for listings in 4700 Gaywood Drive?
The average sales price for units in 4700 Gaywood Drive is $0 currently.

Quantcast