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500 Brockton Lane

500 Brockton Lane, Minneapolis, MN 55447
Property in Plymouth
Sold Oct 09, 2020
$600,000
$579,405 by Bell Bank
Mortgage Due Sep 01, 2050
Sold Dec 23, 1998
$257,000
500 Brockton Lane in Minneapolis, MN was first built in 1977 and is 47 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 level style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 3 partial bathrooms. 500 Brockton Lane has 2,843 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 1,200 ft and the linear feet between the front and back of the lot is 1,040. In total, the area measurement of the land is 16,553 square feet.

Learn more about the property and building on this page. There is a unknown and a patio. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 575 sqft. There are a total of 6 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 quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. 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 a space/suspended heating system. 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. The property was last sold in Aug 27, 2020 for $600,000. That's $211.04 per sqft. Prior to that sales transaction, the property was also sold in Sep 21, 1998 for $257,000. 500 Brockton Lane was last assessed in 2022. The total value of the property was assessed at $669,000. Specifically, the land the property is located on was valued at $230,000. While improvements on the property were assessed at a total of $439,000. 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 $8,478. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1977
  • Effective Year Built: 1990
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 956
  • Garage Type: Attached
  • Garage Square Area: 575
  • Parking Space Count: 6
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,843
  • Gross Building Area: 3,799
  • Building Area: 2,843
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 2,843
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FERNDALE NORTH
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 007 004 FERNDALE NORTH W 120X104X150X142

Ownership

  • Current Owner : PETERSON KEVIN G
  • Current Owner 2: PETERSON JENNIFER J
  • Previous Owner : ULRICH EDWARD E
  • Previous Owner 2: ULRICH ELIZABETH C
  • Owner Before Previous Owner: MONROE THOMAS H
  • Owner Before Previous Owner 2: MONROE JUDITH W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayzata Public School District
  • School Tax School District: WAYZATA
  • Census Tract: 026606

Geography

  • Assessors Map Reference: MB:44141
  • District: 40
  • Parcel: 31-118-22-31-0008
  • Block: 4
  • Lot: 7
  • Meridian: SEC 31 QTR 31 TWN 118 RNG 22
  • Municipality: PLYMOUTH
  • Latitude: 44.9841
  • Longitude: -93.5165

    Address

  • Full Address: 500 Brockton Ln N
  • Address - House Number: 500
  • Street Segment Direction: N
  • Address - Street Name: Brockton
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C008
  • 4-Digit Zip Code: 3357
  • Zip Code: 55447

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,478

    Appraisal Valuation

  • Standard Deviation: 0.1396
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 752,875
  • High Value: 858,040
  • Low Value: 647,710

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $579,405
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Oct 09, 2020
  • First Open Lien Mortgage Loan Amount: $579,405
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $669,000
  • Market Land Value: $230,000
  • Market Improvement Value: $439,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $669,000
  • Assessed Land Value: $230,000
  • Assessed Improvements Value: $439,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Transaction ID: 11793734720
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10851882
  • Previous Sale Recording Date: Dec 23, 1998
  • Previous Sale Contract Date: Sep 21, 1998
  • Previous Sale Amount: $257,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Oct 09, 2020
  • First Mortgage Loan Amount: $579,405
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

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Frequently Asked Questions

What neighborhood is 500 Brockton Lane located in?
The 500 Brockton Lane is a located in the neighborhood of Plymouth in Plymouth - Wayzata, Minneapolis.
What is the average sales price for listings in 500 Brockton Lane?
The average sales price for units in 500 Brockton Lane is $0 currently.

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