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735 Ferndale Road North

735 Ferndale Road North, Wayzata, MN 55391
Property in Orono
Sold Jan 19, 2021
$650,000
$1,040,000 by City National Bank
Mortgage Due Dec 01, 2050
Sold Jan 19, 2021
$650,000
735 Ferndale Road North in Wayzata, MN was first built in 1989 and is 35 years old. Although, the building on the property was most recently renovated and altered in 2010. 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 4 partial bathrooms. 735 Ferndale Road North has 2,853 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. In total, the area measurement of the land is 84,506 square feet.

Learn more about the property and building on this page. There is a unknown and a patio. The home has a hip style roof made of wood. For those who need parking, there is a tuck under garage. The garage is 1,065 sqft. There are a total of 4 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 quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of stucco. 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 a space/suspended heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 735 Ferndale Road North sold most recently in Nov 30, 2020 for a total of $650,000. If you work out the math, that's approximately a cost of $227.83 per sqft. Before that, the property was also sold for $650,000 in Nov 30, 2020. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $20,242 in taxes each year. 735 Ferndale Road North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,569,000. If we break it down further, the land itself was valued at $480,000. Improvements to the property, however, were assessed at a total of $1,089,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1989
  • Effective Year Built: 2010
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 2,568
  • Garage Type: Tuckunder
  • Garage Square Area: 1,065
  • Parking Space Count: 4
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 84,506
  • Total Building Area: 2,853
  • Gross Building Area: 5,421
  • Building Area: 2,853
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 2,853
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JANET ACRES
  • Land Acres: 1.94
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 002 001 JANET ACRES IRREGULAR

Ownership

  • Current Owner : FOX ERIC S
  • Current Owner 2: FOX HILARY J
  • Previous Owner : SNYDER STUART
  • Previous Owner 2: FISH IRVING D
  • Owner Before Previous Owner: FISH IRVING D
  • Owner Before Previous Owner 2: IRVING D FISH REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayzata Public School District
  • School Tax School District: WAYZATA
  • Census Tract: 027205

Geography

  • Assessors Map Reference: MB:03510
  • District: 38
  • Parcel: 36-118-23-12-0008
  • Block: 1
  • Lot: 2
  • Meridian: SEC 36 QTR 12 TWN 118 RNG 23
  • Municipality: ORONO
  • Latitude: 44.9909
  • Longitude: -93.5292

    Address

  • Full Address: 735 Ferndale Rd N
  • Address - House Number: 735
  • Street Segment Direction: N
  • Address - Street Name: Ferndale
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Wayzata
  • Carrier Code: C004
  • 4-Digit Zip Code: 1010
  • Zip Code: 55391

Valuation

    Tax

  • Total Area: 5,706
  • Tax Year: 2023
  • Tax Amount: $20,242

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 1,381,899
  • High Value: 1,579,200
  • Low Value: 1,184,598

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,551,963
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jan 19, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,040,000
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Loan Amount: $511,963
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $1,569,000
  • Market Land Value: $480,000
  • Market Improvement Value: $1,089,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,569,000
  • Assessed Land Value: $480,000
  • Assessed Improvements Value: $1,089,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Transaction ID: 11816331724
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10902708
  • Previous Sale Recording Date: Jan 19, 2021
  • Previous Sale Contract Date: Nov 30, 2020
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Jan 19, 2021
  • First Mortgage Loan Amount: $1,040,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Plymouth - Wayzata



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Frequently Asked Questions

What neighborhood is 735 Ferndale Road North located in?
The 735 Ferndale Road North is a located in the neighborhood of Orono in Plymouth - Wayzata, Wayzata.
What is the average sales price for listings in 735 Ferndale Road North?
The average sales price for units in 735 Ferndale Road North is $0 currently.

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