Check Availability

6987 Lancaster Way Northeast

6987 Lancaster Way Northeast, Albertville, MN 55301
House in Albertville
Sold Oct 05, 2021
$464,900
$371,920 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2051
Sold Dec 17, 2020
$423,163
Local assessors in Albertville, MN have categorized 6987 Lancaster Way Northeast as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 10,323 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 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 6987 Lancaster Way Northeast has a total of 1,948 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. 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. 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. The home's a forced air unit is the primary heating source. The property was last sold in Sep 20, 2021 for $464,900. That's $238.66 per sqft. Prior to that sales transaction, the property was also sold in Dec 15, 2020 for $423,163. 6987 Lancaster Way Northeast was last assessed in 2023. The total value of the property was assessed at $510,700. Specifically, the land the property is located on was valued at $105,000. While improvements on the property were assessed at a total of $405,700. 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 $6,510. 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.

Building Features

Condition

New Construction

Exterior

Metal Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 4
  • Construction Type: Frame
  • Building Style: Townhouse
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,323
  • Total Building Area: 1,948
  • Building Area: 1,948
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,948
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWNE LAKES 6TH ADDN
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-36 TWP-121 RANGE-024 TOWNE LAKES 6TH ADDN LOT-005 BLOCK-002 -002

Ownership

  • Current Owner : RISER DANIEL R
  • Current Owner 2: RISER DEBRA K
  • Previous Owner : CAPSTONE HOMES INC
  • Owner Before Previous Owner: HSB VENTURES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elk River Public School District
  • School Tax School District: ELK RIVER
  • Census Tract: 100806

Geography

  • Assessors Map Reference: MB 113
  • District: 0101
  • Parcel: 101-113-002050
  • Block: 2
  • Lot: 5
  • Meridian: SEC 36 TWN 121 RNG 024
  • Municipality: CITY OF ALBERTVILLE
  • Latitude: 45.2516
  • Longitude: -93.6594

    Address

  • Full Address: 6987 Lancaster Way Ne
  • Address - House Number: 6987
  • Street Segment Direction: NE
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Way
  • State: MN
  • City Name: Albertville
  • Carrier Code: R015
  • 4-Digit Zip Code: 4753
  • Zip Code: 55301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,510
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 79
  • Final Value: 502,005
  • High Value: 584,800
  • Low Value: 419,209

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $371,920
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $371,920
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $510,700
  • Market Land Value: $105,000
  • Market Improvement Value: $405,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,700
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $405,700

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11861241678
  • Current Sale Price: $464,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1485933
  • Previous Sale Recording Date: Dec 17, 2020
  • Previous Sale Contract Date: Dec 15, 2020
  • Previous Sale Amount: $423,163
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $371,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Albertville



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 6987 Lancaster Way Northeast located in?
The 6987 Lancaster Way Northeast is a house located in the neighborhood of Albertville in Albertville, Albertville.
What is the average sales price for listings in 6987 Lancaster Way Northeast?
The average sales price for units in 6987 Lancaster Way Northeast is $0 currently.

Quantcast