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4945 261st Lane

4945 261st Lane, Wyoming, MN 55092
Property in Wyoming
Sold Oct 31, 2008
$185,000
$182,500 by The Business Bank
Mortgage Due Nov 01, 2038
4945 261st Lane has been categorized by the local assessors in Wyoming, MN as a residential type of property. The building on the property was first built in 1984 and is 40 years old. However, we must point out that the home was most recently renovated and altered in 2003. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 4945 261st Lane has 1,206 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 25,265 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 garage for those who require parking. The garage measured 1,206 sqft. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of concrete block. 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 central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Oct 28, 2008 for $185,000. That's $153.40 per sqft. 4945 261st Lane was last assessed in 2022. The total value of the property was assessed at $300,700. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,630. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1984
  • Effective Year Built: 2003
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,206
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 1,206
  • Gross Building Area: 2,758
  • Building Area: 1,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,206
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIMBER RIDGE
  • Land Acres: 0.58
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME TIMBER RIDGE LOT 005 BLOCK 005 SUBDIVISIONCD 21170

Ownership

  • Current Owner : ARIOLA JAMES E
  • Previous Owner : NOT PROVIDED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forest Lake Public School District
  • School Tax School District: DIST 831
  • School Tax District Code 2: COMFORT/FOREST
  • Census Tract: 110404

Zoning

  • Zoning: R3

Geography

  • Account Number: 3370670
  • District: 21
  • Parcel: 21-00698-00
  • Block: 5
  • Lot: 5
  • Meridian: SEC 19 TWN 033 RNG 021
  • Municipality: WYOMING CITY
  • Latitude: 45.3264
  • Longitude: -93.0069

    Address

  • Full Address: 4945 261st Ln
  • Address - House Number: 4945
  • Address - Street Name: 261st
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Wyoming
  • Carrier Code: R004
  • 4-Digit Zip Code: 9051
  • Zip Code: 55092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,630

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 364,278
  • High Value: 430,206
  • Low Value: 298,351

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $182,500
  • First Open Lien Mortgage Lender: THE BUSINESS BANK
  • First Open Lien Mortgage Recording Date: Oct 31, 2008
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $182,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2038

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $80,000
  • Market Improvement Value: $230,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $300,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2008
  • Current Sale Recording Date: Oct 31, 2008
  • Current Sale Transaction ID: 1186693223
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 09665

    Last Sale Mortgage

  • First Mortgage Lender: THE BUSINESS BANK
  • First Mortgage Transaction Date: Oct 31, 2008
  • First Mortgage Loan Amount: $182,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2038

    Financing

  • First Mortgage Financing Type: Unknown

About Wyoming



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Frequently Asked Questions

What neighborhood is 4945 261st Lane located in?
The 4945 261st Lane is a located in the neighborhood of Wyoming in Wyoming, Wyoming.
What is the average sales price for listings in 4945 261st Lane?
The average sales price for units in 4945 261st Lane is $0 currently.

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