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7013 Cedar Lake Road

7013 Cedar Lake Road, Minneapolis, MN 55426
Property in Eliot View
Sold Mar 10, 2021
$316,900
$253,520 by Fairway Independent Mortgage C
Mortgage Due Apr 01, 2051
Sold Dec 24, 2020
$300,000
7013 Cedar Lake Road in Minneapolis, MN was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1988. 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 are a total of 2 full bathrooms. There are 2 partial bathrooms. 7013 Cedar Lake Road has 1,036 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 850 ft and the linear feet between the front and back of the lot is 800. In total, the area measurement of the land is 10,454 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 240 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 a packaged air conditioning unit. As for heating, the home 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, 7013 Cedar Lake Road was last sold in Mar 4, 2021 for $316,900. According to our calculations, that's $305.89 per sqft. Prior to that sales transaction, the property was sold for $300,000 in Dec 23, 2020. Current property owners are expected to pay $4,930 in taxes per year. The property on 7013 Cedar Lake Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $350,400. To break that down further, the land itself was valued at $139,300. While improvements to the property were assessed at a total of $211,100. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1988
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 518
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,036
  • Gross Building Area: 1,554
  • Building Area: 1,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,036
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDARCREST 1ST
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 015 001 CEDARCREST 1ST 85X80X122X65X55

Ownership

  • Current Owner : REID CARSON
  • Previous Owner : SPH PROPERTY ONE LLC
  • Owner Before Previous Owner: HERZBERG CHRISTOPHER

Neighborhood

  • School District Name: St. Louis Park Public School District
  • School Tax School District: ST LOUIS PARK
  • Census Tract: 022101

Geography

  • Assessors Map Reference: MB:50710
  • District: 46
  • Parcel: 08-117-21-13-0008
  • Block: 1
  • Lot: 15
  • Meridian: SEC 08 QTR 13 TWN 117 RNG 21
  • Municipality: ST. LOUIS PARK
  • Latitude: 44.9601
  • Longitude: -93.3692

    Address

  • Full Address: 7013 Cedar Lake Rd S
  • Address - House Number: 7013
  • Street Segment Direction: S
  • Address - Street Name: Cedar Lake
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 2820
  • Zip Code: 55426

Valuation

    Tax

  • Total Area: 2,072
  • Tax Year: 2023
  • Tax Amount: $4,930

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 355,192
  • High Value: 428,793
  • Low Value: 281,591

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $253,520
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Mar 10, 2021
  • First Open Lien Mortgage Loan Amount: $253,520
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $350,400
  • Market Land Value: $139,300
  • Market Improvement Value: $211,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $350,400
  • Assessed Land Value: $139,300
  • Assessed Improvements Value: $211,100

    Sales

  • Current Sale Contract Date: Mar 04, 2021
  • Current Sale Recording Date: Mar 10, 2021
  • Current Sale Transaction ID: 11826655230
  • Current Sale Price: $316,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10928281
  • Previous Sale Recording Date: Dec 24, 2020
  • Previous Sale Contract Date: Dec 23, 2020
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Mar 10, 2021
  • First Mortgage Loan Amount: $253,520
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Eliot View



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Frequently Asked Questions

What neighborhood is 7013 Cedar Lake Road located in?
The 7013 Cedar Lake Road is a located in the neighborhood of Eliot View in Eliot View, Minneapolis.
What is the average sales price for listings in 7013 Cedar Lake Road?
The average sales price for units in 7013 Cedar Lake Road is $0 currently.

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