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4840 Westbrook Lane

4840 Westbrook Lane, Minneapolis, MN 55436
Property in Edina
Sold Mar 26, 2019
$564,000
$451,200 by Leader One Financial Corp
Mortgage Due Apr 01, 2049
Sold May 01, 2018
$340,000
4840 Westbrook Lane in Minneapolis, MN was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4840 Westbrook Lane has 1,316 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 8,712 square feet.

Learn more about the property and building on this page. There is a unknown and a patio. The home has a hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 460 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 masonry 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 plaster. 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, 4840 Westbrook Lane sold most recently in Mar 18, 2019 for a total of $564,000. If you work out the math, that's approximately a cost of $428.57 per sqft. Before that, the property was also sold for $340,000 in Apr 13, 2018. 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 $7,527 in taxes each year. 4840 Westbrook Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $581,200. If we break it down further, the land itself was valued at $282,000. Improvements to the property, however, were assessed at a total of $299,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1951
  • Effective Year Built: 2005
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 790
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,000
  • Total Building Area: 1,316
  • Gross Building Area: 2,106
  • Building Area: 1,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,316
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TINGDALE BROS BROOKSIDE
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 003 TINGDALE BROS BROOKSIDE THAT PART OF LOTS 11 AND 12 LYING S OF N 50 FT THEREOF 86.28 X 100.5

Ownership

  • Current Owner : ALPERN MOLLIE
  • Current Owner 2: ALPERN JONATHAN
  • Previous Owner : HOME 360 LLC
  • Owner Before Previous Owner: BOJAR MITZI S
  • Owner Before Previous Owner 2: NELVA L KAHLER REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Edina Public School District
  • School Tax School District: EDINA
  • Census Tract: 023501

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:77540
  • District: 24
  • Parcel: 28-117-21-24-0108
  • Block: 3
  • Lot: 11-12
  • Meridian: SEC 28 QTR 24 TWN 117 RNG 21
  • Municipality: EDINA
  • Latitude: 44.9135
  • Longitude: -93.3523

    Address

  • Full Address: 4840 Westbrook Ln
  • Address - House Number: 4840
  • Address - Street Name: Westbrook
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 1513
  • Zip Code: 55436

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,527

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 637,532
  • High Value: 742,791
  • Low Value: 532,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $451,200
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Mar 26, 2019
  • First Open Lien Mortgage Loan Amount: $451,200
  • 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: Apr 01, 2049

    Market Valuation

  • Market Total Value: $581,200
  • Market Land Value: $282,000
  • Market Improvement Value: $299,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $581,200
  • Assessed Land Value: $282,000
  • Assessed Improvements Value: $299,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2019
  • Current Sale Recording Date: Mar 26, 2019
  • Current Sale Transaction ID: 11591916839
  • Current Sale Price: $564,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05602420
  • Previous Sale Recording Date: May 01, 2018
  • Previous Sale Contract Date: Apr 13, 2018
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Mar 26, 2019
  • First Mortgage Loan Amount: $451,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

About Edina



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Nearby Rentals

Unit for rent at 5817 Wooddale Avenue, Edina, MN, 55424

$3,200 /mo

  • 4 Beds
  • 3 Baths
  • 1,216 ft²
5817 Wooddale Avenue, Edina, MN, 55424 Listing by Stephanie Chandler Group

Frequently Asked Questions

What neighborhood is 4840 Westbrook Lane located in?
The 4840 Westbrook Lane is a located in the neighborhood of Edina in Edina, Minneapolis.
What is the average sales price for listings in 4840 Westbrook Lane?
The average sales price for units in 4840 Westbrook Lane is $0 currently.

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