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5487 Horizon Drive Northeast

5487 Horizon Drive Northeast, Minneapolis, MN 55421
Property in Fridley
Sold Jan 04, 2021
$250,000
$245,471 by Crosscountry Mortgage Llc
Mortgage Due Jan 01, 2051
5487 Horizon Drive Northeast in Minneapolis, MN was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 1978. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5487 Horizon Drive Northeast has 1,040 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. In total, the area measurement of the land is 9,855 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. For those who need parking, there is a garage. The garage is 520 sqft. 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 wood control joints. The exterior walls of the home are made of stucco. 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 air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Nov 20, 2020 for $250,000. That's $240.38 per sqft. 5487 Horizon Drive Northeast was last assessed in 2024. The total value of the property was assessed at $258,700. Specifically, the land the property is located on was valued at $63,300. While improvements on the property were assessed at a total of $195,400. 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 $4,448. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1978
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 520
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,855
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARLSONS SUMMIT MANOR NORTH
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 21 BLK 7 CARLSONS SUMMIT MANOR NORTH ADD, SUBJ TO EASE OF REC

Ownership

  • Current Owner : GAINES ALAN
  • Previous Owner : LINDGREN SUSAN EVA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fridley Public School District
  • Census Tract: 051206

Geography

  • Assessors Map Reference: 55258
  • Parcel: 23-30-24-32-0004
  • Block: 7
  • Lot: 21
  • Meridian: SEC 23 TWN 30N RNG 24W
  • Municipality: FRIDLEY
  • Latitude: 45.0681
  • Longitude: -93.2667

    Address

  • Full Address: 5487 Horizon Dr Ne
  • Address - House Number: 5487
  • Street Segment Direction: NE
  • Address - Street Name: Horizon
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C010
  • 4-Digit Zip Code: 1158
  • Zip Code: 55421

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,448

    Appraisal Valuation

  • Standard Deviation: 0.1364
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 300,742
  • High Value: 341,779
  • Low Value: 259,705

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $490,942
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 04, 2021
  • First Open Lien Mortgage Loan Amount: $245,471
  • 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: Jan 01, 2051
  • Second Open Lien Mortgage Loan Amount: $245,471
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $258,700
  • Market Land Value: $63,300
  • Market Improvement Value: $195,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $258,700
  • Assessed Land Value: $63,300
  • Assessed Improvements Value: $195,400

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Jan 04, 2021
  • Current Sale Transaction ID: 11817539253
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A2296286.001

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 04, 2021
  • First Mortgage Loan Amount: $245,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

About Fridley



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Frequently Asked Questions

What neighborhood is 5487 Horizon Drive Northeast located in?
The 5487 Horizon Drive Northeast is a located in the neighborhood of Fridley in Fridley, Minneapolis.
What is the average sales price for listings in 5487 Horizon Drive Northeast?
The average sales price for units in 5487 Horizon Drive Northeast is $0 currently.

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