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5325 Highpointe Terrace

5325 Highpointe Terrace, Minneapolis, MN 55437
Property in West Bloomington
Sold Oct 27, 2022
$197,500
$181,500 by Nicolet National Bank
Mortgage Due Nov 01, 2052
Sold Oct 27, 2022
$197,500
$181,500
Mortgage
5325 Highpointe Terrace has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1985 and is 39 years old. However, we must point out that the home was most recently renovated and altered in 1996. The home comes with a single bedroom. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5325 Highpointe Terrace has 514 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 3,065 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 attached garage for those who require parking. The garage measured 231 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of metal. 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 forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Oct 27, 2022 for $197,500. That's $225.97 per sqft. Prior to that sales transaction, the property was also sold in Oct 27, 2022 for $197,500. 5325 Highpointe Terrace was last assessed in 2022. The total value of the property was assessed at $174,700. Specifically, the land the property is located on was valued at $66,600. While improvements on the property were assessed at a total of $108,100. 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 $2,130. 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! 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.

Building Features

Driveway

Driveway

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1996
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 3,065
  • Total Building Area: 874
  • Gross Building Area: 874
  • Building Area: 874
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 514
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONDO NO 0518 HIGHPOINTE CONDO
  • Land Acres: 0.07
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CONDO NO 0518 HIGHPOINTE CONDO UNIT NO 4325 IRREGULAR

Ownership

  • Current Owner : THOMSON MIKAELA
  • Previous Owner : ODEGARD THOMAS B
  • Previous Owner 2: ODEGARD SUSAN L
  • Owner Before Previous Owner: ODEGARD THOMAS
  • Owner Before Previous Owner 2: ODEGARD SUSAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomington Public School District
  • School Tax School District: BLOOMINGTON
  • Census Tract: 025908

Geography

  • Assessors Map Reference: MB:02561
  • District: 20
  • Parcel: 28-116-21-24-0177
  • Meridian: SEC 28 QTR 24 TWN 116 RNG 21
  • Municipality: BLOOMINGTON
  • Latitude: 44.8275
  • Longitude: -93.3518

    Address

  • Full Address: 5325 Highpointe Ter
  • Legal Unit: 4325
  • Address - House Number: 5325
  • Address - Street Name: Highpointe
  • Address - Suffix Type: Ter
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C026
  • 4-Digit Zip Code: 1973
  • Zip Code: 55437

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,130

    Appraisal Valuation

  • Standard Deviation: 0.1825
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 186,242
  • High Value: 220,234
  • Low Value: 152,251

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $363,000
  • First Open Lien Mortgage Lender: NICOLET NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2022
  • First Open Lien Mortgage Loan Amount: $181,500
  • 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: Nov 01, 2052
  • Second Open Lien Mortgage Recording Date: Oct 27, 2022
  • Second Open Lien Mortgage Loan Amount: $181,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 27, 2052

    Market Valuation

  • Market Total Value: $174,700
  • Market Land Value: $66,600
  • Market Improvement Value: $108,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $174,700
  • Assessed Land Value: $66,600
  • Assessed Improvements Value: $108,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Transaction ID: 11916251438
  • Current Sale Price: $197,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5981730
  • Previous Sale Recording Date: Oct 27, 2022
  • Previous Sale Contract Date: Oct 27, 2022
  • Previous Sale Amount: $197,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NICOLET NATIONAL BANK
  • First Mortgage Transaction Date: Oct 27, 2022
  • First Mortgage Loan Amount: $181,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: Oct 27, 2022
  • Previous Mortgage Loan Amount: $181,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About West Bloomington



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Frequently Asked Questions

What neighborhood is 5325 Highpointe Terrace located in?
The 5325 Highpointe Terrace is a located in the neighborhood of West Bloomington in West Bloomington, Minneapolis.
What is the average sales price for listings in 5325 Highpointe Terrace?
The average sales price for units in 5325 Highpointe Terrace is $0 currently.

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