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55 Pleasant Lane East

55 Pleasant Lane East, Excelsior, MN 55331
Property in Tonka Bay
Sold Apr 20, 2021
$375,000
$300,000 by Mortgage Capital Of Mn Inc
Mortgage Due May 01, 2051
55 Pleasant Lane East in Excelsior, MN was first built in 1977 and is 47 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split foyer style. There are a total of 5 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 55 Pleasant Lane East has 1,014 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 122 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 15,246 square feet.

Learn more about the property and building on this page. There is 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 1,584 sqft. There are a total of 8 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 C. The condition of the building has been evaluated as good. The exterior walls of the home are made of a material which is produced from two or more constituent materials. 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 floor/wall heating system and being fueled with electricity. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 55 Pleasant Lane East sold most recently in Apr 16, 2021 for a total of $375,000. If you work out the math, that's approximately a cost of $369.82 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,559 in taxes each year. 55 Pleasant Lane East was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $403,000. If we break it down further, the land itself was valued at $171,000. Improvements to the property, however, were assessed at a total of $232,000. 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: 1977
  • Effective Year Built: 1977
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split foyer
  • Exterior Walls Type: Composition
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 710
  • Garage Type: Attached
  • Garage Square Area: 1,584
  • Parking Space Count: 8
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 122
  • Total Building Area: 1,014
  • Gross Building Area: 1,724
  • Building Area: 1,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,014
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TONKA BAY HIGHLANDS
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 004 002 TONKA BAY HIGHLANDS SW109X125X137X129

Ownership

  • Current Owner : ANDERSON GERI L
  • Current Owner 2: ANDERSON CHRISTOPHER M
  • Previous Owner : HOWG LYLE C
  • Previous Owner 2: HOWG DONNA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minnetonka Public School District
  • School Tax School District: MINNETONKA
  • Census Tract: 027501

Geography

  • Assessors Map Reference: MB:64585
  • District: 97
  • Parcel: 28-117-23-43-0061
  • Block: 2
  • Lot: 4
  • Meridian: SEC 28 QTR 43 TWN 117 RNG 23
  • Municipality: TONKA BAY
  • Latitude: 44.9086
  • Longitude: -93.5934

    Address

  • Full Address: 55 Pleasant Ln E
  • Address - House Number: 55
  • Street Segment Direction: E
  • Address - Street Name: Pleasant
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Excelsior
  • Carrier Code: R068
  • 4-Digit Zip Code: 8579
  • Zip Code: 55331

Valuation

    Tax

  • Total Area: 2,028
  • Tax Year: 2023
  • Tax Amount: $4,559

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 434,075
  • High Value: 506,072
  • Low Value: 362,078

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: MORTGAGE CAPITAL OF MN INC
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $403,000
  • Market Land Value: $171,000
  • Market Improvement Value: $232,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $403,000
  • Assessed Land Value: $171,000
  • Assessed Improvements Value: $232,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11834368464
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10949394

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE CAPITAL OF MN INC
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Tonka Bay



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Frequently Asked Questions

What neighborhood is 55 Pleasant Lane East located in?
The 55 Pleasant Lane East is a located in the neighborhood of Tonka Bay in Tonka Bay, Excelsior.
What is the average sales price for listings in 55 Pleasant Lane East?
The average sales price for units in 55 Pleasant Lane East is $0 currently.

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