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7378 Unity Lane North

7378 Unity Lane North, Minneapolis, MN 55443
Property in Brooklyn Park
Sold Apr 17, 2020
$240,000
$235,653 by Bell Bank
Mortgage Due May 01, 2050
Sold Sep 18, 2018
$211,500
$179,775 by Alerus Financial Na
Mortgage Due Oct 01, 2048
7378 Unity Lane North 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 2007 and is 17 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7378 Unity Lane North has 1,669 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 870 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,178 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 mixed used garage for those who require parking. The garage measured 500 sqft. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of alum/vinyl siding. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. 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, 7378 Unity Lane North sold most recently in Apr 6, 2020 for a total of $240,000. If you work out the math, that's approximately a cost of $143.80 per sqft. Before that, the property was also sold for $211,500 in Sep 13, 2018. 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 $3,376 in taxes each year. 7378 Unity Lane North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $242,800. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $202,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2007
  • Effective Year Built: 2007
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,178
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,669
  • Building Area: 1,669
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,669
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE CREEK 3RD ADDN
  • Land Acres: 0.05
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: 004 007 VILLAGE CREEK 3RD ADDN SW 25X87

Ownership

  • Current Owner : RUNNELS ELIZABETH
  • Previous Owner : KLEPPERICH AMANDA RACHEL
  • Owner Before Previous Owner: VELASCO TYLER
  • Owner Before Previous Owner 2: VELASCO ASHLEY SCHIFERLI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Osseo Public School District
  • School Tax School District: OSSEO
  • Census Tract: 026819

Geography

  • Assessors Map Reference: MB:08734
  • District: 48
  • Parcel: 28-119-21-24-0059
  • Block: 7
  • Lot: 4
  • Meridian: SEC 28 QTR 24 TWN 119 RNG 21
  • Municipality: BROOKLYN PARK
  • Latitude: 45.0891
  • Longitude: -93.3526

    Address

  • Full Address: 7378 Unity Ln N
  • Address - House Number: 7378
  • Street Segment Direction: N
  • Address - Street Name: Unity
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C054
  • 4-Digit Zip Code: 5203
  • Zip Code: 55443

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,376

    Appraisal Valuation

  • Standard Deviation: 0.2402
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 302,769
  • High Value: 375,502
  • Low Value: 230,035

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,653
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Apr 17, 2020
  • First Open Lien Mortgage Loan Amount: $235,653
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $242,800
  • Market Land Value: $40,000
  • Market Improvement Value: $202,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $242,800
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $202,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 06, 2020
  • Current Sale Recording Date: Apr 17, 2020
  • Current Sale Transaction ID: 11755389989
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10776768
  • Previous Sale Recording Date: Sep 18, 2018
  • Previous Sale Contract Date: Sep 13, 2018
  • Previous Sale Amount: $211,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Apr 17, 2020
  • First Mortgage Loan Amount: $235,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ALERUS FINANCIAL NA
  • Previous Mortgage Transaction Date: Sep 18, 2018
  • Previous Mortgage Loan Amount: $179,775
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About Brooklyn Park - Maple Grove



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Frequently Asked Questions

What neighborhood is 7378 Unity Lane North located in?
The 7378 Unity 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 7378 Unity Lane North?
The average sales price for units in 7378 Unity Lane North is $0 currently.

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