6248 Sunrise Terrace

6248 Sunrise Terrace in Minneapolis, MN was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1968. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 6248 Sunrise Terrace has 1,131 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 1,250 ft and the linear feet between the front and back of the lot is 2,340. In total, the area measurement of the land is 30,492 square feet.

Learn more about the property and building on this page. For those who need parking, there is a mixed used garage. The garage is 400 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of wood. 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. 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, 6248 Sunrise Terrace sold most recently in Jul 15, 2022 for a total of $320,000. If you work out the math, that's approximately a cost of $282.94 per sqft. Before that, the property was also sold for $320,000 in Jul 20, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,756 in taxes each year. 6248 Sunrise Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $311,600. If we break it down further, the land itself was valued at $126,000. Improvements to the property, however, were assessed at a total of $185,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.