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5564 Bimini Drive

5564 Bimini Drive, Hopkins, MN 55343
Property in Minnetonka
Sold Aug 14, 2023
$345,000
$310,500 by Loandepot.com, Llc
Mortgage Due Sep 01, 2053
Sold Jul 27, 2023
$345,000
$340,000
Mortgage
Local assessors in Hopkins, MN have categorized 5564 Bimini Drive as a residential type of property. The home was built in 1987 and is 37 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 4,792 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5564 Bimini Drive has a total of 1,164 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a tuck under garage for those who need a place to park their vehicle. The garage on the property is 464 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 27, 2023 for $345,000. That's $296.39 per sqft. Prior to that sales transaction, the property was also sold in Jul 27, 2023 for $345,000. 5564 Bimini Drive was last assessed in 2022. The total value of the property was assessed at $287,700. Specifically, the land the property is located on was valued at $54,000. While improvements on the property were assessed at a total of $233,700. 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 $3,706. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1987
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 422
  • Garage Type: Tuckunder
  • Garage Square Area: 464
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 930
  • Total Building Area: 1,164
  • Gross Building Area: 1,586
  • Building Area: 1,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,164
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEACHSIDE TWO 2ND ADDN
  • Land Acres: 0.11
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: 007 003 BEACHSIDE TWO 2ND ADDN E51X93X50X90

Ownership

  • Current Owner : OMALLEY MAGGIE
  • Previous Owner : AREY NATHAN DAVID
  • Previous Owner 2: AREY SAMANTHA MARIE
  • Owner Before Previous Owner: AREY NATHAN
  • Owner Before Previous Owner 2: AREY SAMANTHA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopkins Public School District
  • School Tax School District: HOPKINS
  • Census Tract: 026104

Zoning

  • Zoning: R3PURD

Geography

  • Assessors Map Reference: MB:01361
  • District: 34
  • Parcel: 35-117-22-11-0554
  • Block: 3
  • Lot: 7
  • Meridian: SEC 35 QTR 11 TWN 117 RNG 22
  • Municipality: MINNETONKA
  • Latitude: 44.9034
  • Longitude: -93.4247

    Address

  • Full Address: 5564 Bimini Dr
  • Address - House Number: 5564
  • Address - Street Name: Bimini
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Hopkins
  • Carrier Code: C022
  • 4-Digit Zip Code: 4141
  • Zip Code: 55343

Valuation

    Tax

  • Total Area: 1,164
  • Tax Year: 2023
  • Tax Amount: $3,706

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 326,385
  • High Value: 379,416
  • Low Value: 273,354

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,500
  • First Open Lien Mortgage Lender: LOANDEPOT.COM, LLC
  • First Open Lien Mortgage Recording Date: Oct 04, 2023
  • First Open Lien Mortgage Loan Amount: $310,500
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $287,700
  • Market Land Value: $54,000
  • Market Improvement Value: $233,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $287,700
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $233,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2023
  • Current Sale Recording Date: Aug 14, 2023
  • Current Sale Transaction ID: 11912268943
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6029714
  • Previous Sale Recording Date: Jul 27, 2023
  • Previous Sale Contract Date: Jul 27, 2023
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM, LLC
  • First Mortgage Transaction Date: Aug 14, 2023
  • First Mortgage Loan Amount: $310,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jul 27, 2023
  • Previous Mortgage Loan Amount: $340,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 5564 Bimini Drive located in?
The 5564 Bimini Drive is a located in the neighborhood of Minnetonka in Minnetonka - Hopkins, Hopkins.
What is the average sales price for listings in 5564 Bimini Drive?
The average sales price for units in 5564 Bimini Drive is $0 currently.

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