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504 Cottonwood Lane

504 Cottonwood Lane, New Prague, MN 56071
Property in New Prague
Sold Jan 11, 2022
$315,000
$304,486 by Crosscountry Mortgage Llc
Mortgage Due Feb 01, 2052
Sold May 24, 2018
$246,000
$245,000 by Dhi Mortgage Company Ltd
Mortgage Due Jun 01, 2048
504 Cottonwood Lane has been categorized by the local assessors in New Prague, MN as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 504 Cottonwood Lane has 1,104 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,104 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 870 ft. The area measurement of the land has been determined as 11,326 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer style.

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 792 sqft. According to our sources, there are a total of 3 available parking spaces. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 504 Cottonwood Lane was last sold in Jan 4, 2022 for $315,000. According to our calculations, that's $285.33 per sqft. Prior to that sales transaction, the property was sold for $246,000 in May 21, 2018. Current property owners are expected to pay $3,536 in taxes per year. The property on 504 Cottonwood Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $289,600. To break that down further, the land itself was valued at $65,300. While improvements to the property were assessed at a total of $224,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Split foyer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Basement Type: Finished improved basement
  • Basement Area: 1,104
  • Garage Type: Garage
  • Garage Square Area: 792
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,104
  • Gross Building Area: 2,240
  • Building Area: 1,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,104
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHVIEW 7TH ADDN
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME HIGHVIEW 7TH ADDN LOT 005 BLOCK 001 SUBDIVISIONCD 24064

Ownership

  • Current Owner : MILLER JULIANN
  • Previous Owner : STUBBS LISA R
  • Previous Owner 2: STUBBS ALEX A
  • Owner Before Previous Owner: GIESEN LUKE
  • Owner Before Previous Owner 2: GIESEN KATHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Prague Area Schools
  • School Tax School District: NEW PRAGUE
  • School Tax District Code 2: CTY-NEW PRAGUE
  • School Tax District Code 3: SCOTT COUNTY WM
  • Census Tract: 081200

Geography

  • Assessors Map Reference: PM 24064
  • District: 8000
  • Parcel: 24-064005-0
  • Block: 001
  • Lot: 005
  • Municipality: CITY OF NEW PRAGUE
  • Latitude: 44.5486
  • Longitude: -93.5585

    Address

  • Full Address: 504 Cottonwood Ln
  • Address - House Number: 504
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: New Prague
  • Carrier Code: C001
  • 4-Digit Zip Code: 2073
  • Zip Code: 56071

Valuation

    Tax

  • Total Area: 1,510
  • Tax Year: 2023
  • Tax Amount: $3,536
  • Tax Rate Code Area: 1901

    Appraisal Valuation

  • Standard Deviation: 0.1274
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 85
  • Final Value: 333,232
  • High Value: 375,702
  • Low Value: 290,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,486
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 11, 2022
  • First Open Lien Mortgage Loan Amount: $304,486
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $289,600
  • Market Land Value: $65,300
  • Market Improvement Value: $224,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,600
  • Assessed Land Value: $65,300
  • Assessed Improvements Value: $224,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 04, 2022
  • Current Sale Recording Date: Jan 11, 2022
  • Current Sale Transaction ID: 11877355263
  • Current Sale Price: $315,000
  • Current Sale Document Type: Administrator's Deed
  • Current Sale Input Document Number: A1149001
  • Previous Sale Recording Date: May 24, 2018
  • Previous Sale Contract Date: May 21, 2018
  • Previous Sale Amount: $246,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 11, 2022
  • First Mortgage Loan Amount: $304,486
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: May 24, 2018
  • Previous Mortgage Loan Amount: $245,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About New Prague



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Frequently Asked Questions

What neighborhood is 504 Cottonwood Lane located in?
The 504 Cottonwood Lane is a located in the neighborhood of New Prague in New Prague, New Prague.
What is the average sales price for listings in 504 Cottonwood Lane?
The average sales price for units in 504 Cottonwood Lane is $0 currently.

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