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5062 Bayport Road

5062 Bayport Road, Mound, MN 55364
Property in Mound
Sold Sep 08, 2021
Transfer
$297,924 by United Wholesale Mortgage
Mortgage Due Sep 01, 2051
Sold Jun 02, 2016
$323,711
$317,847 by Pacific Union Financial Llc
Mortgage Due Jun 01, 2046
5062 Bayport Road has been categorized by the local assessors in Mound, MN as a residential type of property. The building on the property was first built in 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 9 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5062 Bayport Road has 1,714 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,670 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 17,860 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 tuck under garage for those who require parking. The garage measured 650 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of metal. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a space/suspended heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery 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. Before that, the property was also sold for $323,711 in May 31, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,320 in taxes each year. 5062 Bayport Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $416,000. If we break it down further, the land itself was valued at $98,000. Improvements to the property, however, were assessed at a total of $318,000. 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: 1958
  • Effective Year Built: 1985
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 1,028
  • Garage Type: Tuckunder
  • Garage Square Area: 650
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,714
  • Gross Building Area: 2,742
  • Building Area: 1,714
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 1,714
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHN S CARLSON ADDN
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 012 002 JOHN S CARLSON ADDN 46X167X49X137X150

Ownership

  • Current Owner : PALMER ERIK
  • Current Owner 2: JENSEN KATIE
  • Previous Owner : JENSEN SUSAN
  • Owner Before Previous Owner: MASSEY JEFFREY R
  • Owner Before Previous Owner 2: MASSEY STEPHANIE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westonka Public School District
  • School Tax School District: WESTONKA
  • Census Tract: 027602

Geography

  • Assessors Map Reference: MB:61550
  • District: 85
  • Parcel: 13-117-24-43-0031
  • Block: 2
  • Lot: 12
  • Meridian: SEC 13 QTR 43 TWN 117 RNG 24
  • Municipality: MOUND
  • Latitude: 44.9347
  • Longitude: -93.6524

    Address

  • Full Address: 5062 Bayport Rd
  • Address - House Number: 5062
  • Address - Street Name: Bayport
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Mound
  • Carrier Code: R007
  • 4-Digit Zip Code: 1749
  • Zip Code: 55364

Valuation

    Tax

  • Total Area: 3,428
  • Tax Year: 2023
  • Tax Amount: $6,320

    Appraisal Valuation

  • Standard Deviation: 0.1662
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 468,093
  • High Value: 545,900
  • Low Value: 390,286

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,924
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 08, 2021
  • First Open Lien Mortgage Loan Amount: $297,924
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $416,000
  • Market Land Value: $98,000
  • Market Improvement Value: $318,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $416,000
  • Assessed Land Value: $98,000
  • Assessed Improvements Value: $318,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Transaction ID: 11856794639
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: T05874275
  • Previous Sale Recording Date: Jun 02, 2016
  • Previous Sale Contract Date: May 31, 2016
  • Previous Sale Amount: $323,711
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 08, 2021
  • First Mortgage Loan Amount: $297,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC UNION FINANCIAL LLC
  • Previous Mortgage Transaction Date: Jun 02, 2016
  • Previous Mortgage Loan Amount: $317,847
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About Mound



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Frequently Asked Questions

What neighborhood is 5062 Bayport Road located in?
The 5062 Bayport Road is a located in the neighborhood of Mound in Mound, Mound.
What is the average sales price for listings in 5062 Bayport Road?
The average sales price for units in 5062 Bayport Road is $0 currently.

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