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5890 Cathcart Drive

5890 Cathcart Drive, Excelsior, MN 55331
House in Shorewood
Sold Mar 16, 2021
$445,000
$407,500 by Axia Financial Llc
Mortgage Due Apr 01, 2051
Sold Oct 05, 2020
$154,030
5890 Cathcart Drive has been categorized by the local assessors in Excelsior, MN as a residential type of property. The building on the property was first built in 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 5890 Cathcart Drive has 1,144 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 2,550 ft and across the front of the lot is 1,570 ft. The area measurement of the land has been determined as 40,075 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 attached garage for those who require parking. The garage measured 1,200 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 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. 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 gypsum boards such as those made of drywall, sheetrock, etc. 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 floor/wall heating system and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5890 Cathcart Drive was last sold in Mar 12, 2021 for $445,000. According to our calculations, that's $388.99 per sqft. Prior to that sales transaction, the property was sold for $154,030 in Aug 26, 2020. Current property owners are expected to pay $5,748 in taxes per year. The property on 5890 Cathcart Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $498,000. To break that down further, the land itself was valued at $175,000. While improvements to the property were assessed at a total of $323,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2010
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 915
  • Garage Type: Attached
  • Garage Square Area: 1,200
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Depth Feet: 2,550
  • Lot Size Frontage Feet: 1,570
  • Total Building Area: 1,144
  • Gross Building Area: 2,059
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,144
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AFTON MEADOWS
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 003 001 AFTON MEADOWS 157 X 255

Ownership

  • Current Owner : MURPHY CASSANDRA
  • Previous Owner : CTW GROUP INC
  • Owner Before Previous Owner: BEILBY TERRA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minnetonka Public School District
  • School Tax School District: MINNETONKA
  • Census Tract: 027503

Geography

  • Assessors Map Reference: MB:34342
  • District: 26
  • Parcel: 32-117-23-32-0006
  • Block: 1
  • Lot: 3
  • Meridian: SEC 32 QTR 32 TWN 117 RNG 23
  • Municipality: SHOREWOOD
  • Latitude: 44.897
  • Longitude: -93.6202

    Address

  • Full Address: 5890 Cathcart Dr
  • Address - House Number: 5890
  • Address - Street Name: Cathcart
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Excelsior
  • Carrier Code: R072
  • 4-Digit Zip Code: 8329
  • Zip Code: 55331

Valuation

    Tax

  • Total Area: 2,288
  • Tax Year: 2023
  • Tax Amount: $5,748

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 511,890
  • High Value: 596,523
  • Low Value: 427,257

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $483,500
  • First Open Lien Mortgage Lender: AXIA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Mar 16, 2021
  • First Open Lien Mortgage Loan Amount: $407,500
  • 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: Apr 01, 2051
  • Second Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Jun 05, 2023
  • Second Open Lien Mortgage Loan Amount: $76,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: May 19, 2053

    Market Valuation

  • Market Total Value: $498,000
  • Market Land Value: $175,000
  • Market Improvement Value: $323,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $498,000
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $323,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Mar 16, 2021
  • Current Sale Transaction ID: 11827317323
  • Current Sale Price: $445,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05813823
  • Previous Sale Recording Date: Oct 05, 2020
  • Previous Sale Contract Date: Aug 26, 2020
  • Previous Sale Amount: $154,030
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AXIA FINANCIAL LLC
  • First Mortgage Transaction Date: Mar 16, 2021
  • First Mortgage Loan Amount: $407,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

About Shorewood



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,600 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,373 ft²
Listing by Mariel Rovagnati

Frequently Asked Questions

What neighborhood is 5890 Cathcart Drive located in?
The 5890 Cathcart Drive is a house located in the neighborhood of Shorewood in Shorewood, Excelsior.
What is the average sales price for listings in 5890 Cathcart Drive?
The average sales price for units in 5890 Cathcart Drive is $299,000 , or $145/sqft. currently.

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