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6841 Point Drive

6841 Point Drive, Minneapolis, MN 55435
Property in Edina
Sold Oct 14, 2022
$580,000
$435,000 by Royal Credit Union
Mortgage Due Oct 14, 2047
Sold Jul 20, 2017
$479,400
$424,100 by Mortgages Unlimited Inc
Mortgage Due Aug 01, 2047
6841 Point Drive has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 7 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 6841 Point Drive has 1,388 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 1,350 ft and across the front of the lot is 950 ft. The area measurement of the land has been determined as 12,632 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer 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 380 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and 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 masonry control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. 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. There is a single fireplace in the home. Perfect for those wintery 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, 6841 Point Drive sold most recently in Oct 14, 2022 for a total of $580,000. If you work out the math, that's approximately a cost of $417.87 per sqft. Before that, the property was also sold for $479,400 in Jul 14, 2017. 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 $8,216 in taxes each year. 6841 Point Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $596,900. If we break it down further, the land itself was valued at $355,000. Improvements to the property, however, were assessed at a total of $241,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1956
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Split foyer
  • 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: 1,110
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,388
  • Gross Building Area: 2,498
  • Building Area: 1,388
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,388
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHDALE 3RD ADDN
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 012 002 SOUTHDALE 3RD ADDN 95 X 135

Ownership

  • Current Owner : CAROL EXCHANGE CO LLC
  • Previous Owner : FORMICA MICHAEL
  • Previous Owner 2: SHOUP CHRISTINE
  • Owner Before Previous Owner: COUNTERS CAMERON J
  • Owner Before Previous Owner 2: CHAIKEN REBECCA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Edina Public School District
  • School Tax School District: EDINA
  • Census Tract: 024006

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:77152
  • District: 24
  • Parcel: 30-028-24-43-0074
  • Block: 2
  • Lot: 12
  • Meridian: SEC 30 QTR 43 TWN 028 RNG 24
  • Municipality: EDINA
  • Latitude: 44.8778
  • Longitude: -93.3381

    Address

  • Full Address: 6841 Point Dr
  • Address - House Number: 6841
  • Address - Street Name: Point
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C011
  • 4-Digit Zip Code: 1630
  • Zip Code: 55435

Valuation

    Tax

  • Total Area: 2,776
  • Tax Year: 2023
  • Tax Amount: $8,216

    Appraisal Valuation

  • Standard Deviation: 0.0878
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 619,125
  • High Value: 673,546
  • Low Value: 564,704

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,000
  • First Open Lien Mortgage Lender: ROYAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Oct 21, 2022
  • First Open Lien Mortgage Loan Amount: $435,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 14, 2047

    Market Valuation

  • Market Total Value: $596,900
  • Market Land Value: $355,000
  • Market Improvement Value: $241,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $596,900
  • Assessed Land Value: $355,000
  • Assessed Improvements Value: $241,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Transaction ID: 11898079014
  • Current Sale Price: $580,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1479428
  • Previous Sale Recording Date: Jul 20, 2017
  • Previous Sale Contract Date: Jul 14, 2017
  • Previous Sale Amount: $479,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Oct 14, 2022
  • First Mortgage Loan Amount: $435,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGES UNLIMITED INC
  • Previous Mortgage Transaction Date: Jul 20, 2017
  • Previous Mortgage Loan Amount: $424,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Edina



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Frequently Asked Questions

What neighborhood is 6841 Point Drive located in?
The 6841 Point Drive is a located in the neighborhood of Edina in Edina, Minneapolis.
What is the average sales price for listings in 6841 Point Drive?
The average sales price for units in 6841 Point Drive is $0 currently.

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