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7306 72nd Lane North

7306 72nd Lane North, Minneapolis, MN 55428
Property in Brooklyn Park
Sold Jan 31, 2024
$75,000
Sold Jan 19, 2024
$75,000
Local assessors in Minneapolis, MN have categorized 7306 72nd Lane North as a residential type of property. The home was built in 1974 and is 50 years old. It was most recently renovated and altered in 1986. The property's lot size has been calculated to be 427,818 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 7306 72nd Lane North has a total of 812 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. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 220 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7306 72nd Lane North sold most recently in Jan 19, 2024 for a total of $75,000. If you work out the math, that's approximately a cost of $92.36 per sqft. Before that, the property was also sold for $75,000 in Jan 19, 2024. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,197 in taxes each year. 7306 72nd Lane North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $85,000. If we break it down further, the land itself was valued at $20,000. Improvements to the property, however, were assessed at a total of $65,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1974
  • Effective Year Built: 1986
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Condo
  • Exterior Walls Type: Composition
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 427,818
  • Total Building Area: 812
  • Building Area: 812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 812
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONDO NO 0089 STRAWBERRY COMMONS 1
  • Land Acres: 9.821
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CONDO NO 0089 STRAWBERRY COMMONS 1 APT NO 23 OF BLDG NO 2 AND GARAGE APT NO 66 IN GARAGE BLDG NO 6 IRREGULAR

Ownership

  • Current Owner : YANG MAI CHONG
  • Current Owner 2: LEE BEE
  • Previous Owner : SC APTS LLC
  • Owner Before Previous Owner: SC Apts LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Osseo Public School District
  • School Tax School District: OSSEO
  • Census Tract: 026818

Geography

  • Assessors Map Reference: MB:87624
  • District: 48
  • Parcel: 29-119-21-31-0109
  • Meridian: SEC 29 QTR 31 TWN 119 RNG 21
  • Municipality: BROOKLYN PARK
  • Latitude: 45.0856
  • Longitude: -93.374

    Address

  • Full Address: 7306 72nd Ln N
  • Address - House Number: 7306
  • Street Segment Direction: N
  • Address - Street Name: 72nd
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C010
  • 4-Digit Zip Code: 1641
  • Zip Code: 55428

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,197

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 88,816
  • High Value: 103,522
  • Low Value: 74,109

    Market Valuation

  • Market Total Value: $85,000
  • Market Land Value: $20,000
  • Market Improvement Value: $65,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,000
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $65,000

    Sales

  • Current Sale Contract Date: Jan 19, 2024
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Transaction ID: 11920669531
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6058564
  • Previous Sale Recording Date: Jan 19, 2024
  • Previous Sale Contract Date: Jan 19, 2024
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Loan Type: Cash

About Brooklyn Park - Maple Grove



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Frequently Asked Questions

What neighborhood is 7306 72nd Lane North located in?
The 7306 72nd Lane North is a located in the neighborhood of Brooklyn Park in Brooklyn Park - Maple Grove, Minneapolis.
What is the average sales price for listings in 7306 72nd Lane North?
The average sales price for units in 7306 72nd Lane North is $0 currently.

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