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6556 Regency Lane

6556 Regency Lane, Eden Prairie, MN 55344
Property in Eden Prairie
Sold Dec 14, 2021
$300,000
$237,600 by Prosperity Home Mortgage Llc
Mortgage Due Dec 01, 2036
Sold Feb 13, 2019
$235,000
$211,500 by American Mortgage & Equity Con
Mortgage Due Mar 01, 2049
6556 Regency Lane has been categorized by the local assessors in Eden Prairie, MN as a residential type of property. The building on the property was first built in 1995 and is 29 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6556 Regency Lane has 1,440 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 316,358 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 tuck under garage for those who require parking. The garage measured 473 sqft. According to our sources, there are a total of 2 available parking spaces. 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 wood control joints. The building has a hip style roof made of composition shingle. 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. 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, 6556 Regency Lane sold most recently in Nov 22, 2021 for a total of $300,000. If you work out the math, that's approximately a cost of $208.33 per sqft. Before that, the property was also sold for $235,000 in Feb 8, 2019. 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 $3,201 in taxes each year. 6556 Regency Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $276,600. If we break it down further, the land itself was valued at $81,100. Improvements to the property, however, were assessed at a total of $195,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1995
  • Effective Year Built: 1995
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Tuckunder
  • Garage Square Area: 473
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 316,358
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,440
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIC NO 1605 REGENCY PARC
  • Land Acres: 7.262
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CIC NO 1605 REGENCY PARC UNIT NO 6556 IRREGULAR

Ownership

  • Current Owner : HE SIYAO
  • Current Owner 2: ZHANG YALI
  • Previous Owner : REMES JACOB
  • Owner Before Previous Owner: WILLIAMS AMY A
  • Owner Before Previous Owner 2: WILLIAMS DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopkins Public School District
  • School Tax School District: HOPKINS
  • Census Tract: 026007

Zoning

  • Zoning: RM25

Geography

  • Assessors Map Reference: MB:31605
  • District: 61
  • Parcel: 01-116-22-24-0087
  • Meridian: SEC 01 QTR 24 TWN 116 RNG 22
  • Municipality: EDEN PRAIRIE
  • Latitude: 44.886
  • Longitude: -93.4145

    Address

  • Full Address: 6556 Regency Ln
  • Legal Unit: 6556
  • Address - House Number: 6556
  • Address - Street Name: Regency
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Eden Prairie
  • Carrier Code: C004
  • 4-Digit Zip Code: 7832
  • Zip Code: 55344

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,201

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 313,502
  • High Value: 365,255
  • Low Value: 261,749

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,600
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 14, 2021
  • First Open Lien Mortgage Loan Amount: $237,600
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $276,600
  • Market Land Value: $81,100
  • Market Improvement Value: $195,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $276,600
  • Assessed Land Value: $81,100
  • Assessed Improvements Value: $195,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Transaction ID: 11875048484
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A11056171
  • Previous Sale Recording Date: Feb 13, 2019
  • Previous Sale Contract Date: Feb 08, 2019
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 14, 2021
  • First Mortgage Loan Amount: $237,600
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • Previous Mortgage Transaction Date: Feb 13, 2019
  • Previous Mortgage Loan Amount: $211,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Minnetonka - Hopkins



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Frequently Asked Questions

What neighborhood is 6556 Regency Lane located in?
The 6556 Regency Lane is a located in the neighborhood of Eden Prairie in Minnetonka - Hopkins, Eden Prairie.
What is the average sales price for listings in 6556 Regency Lane?
The average sales price for units in 6556 Regency Lane is $0 currently.

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