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7401 West Shore Drive

7401 West Shore Drive, Minneapolis, MN 55435
Property in Edina
Sold Feb 26, 2021
$649,000
$584,100 by Bremer Bank Na
Mortgage Due Mar 01, 2051
Local assessors in Minneapolis, MN have categorized 7401 West Shore Drive as a residential type of property. The home was built in 1964 and is 60 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 16,117 square feet. The linear feet between the front and back of the lot was measured at 560 ft and the front of the lot was measured at 880 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. 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 7401 West Shore Drive has a total of 2,185 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 attached garage for those who need a place to park their vehicle. The garage on the property is 624 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 masonry control joints. The building has a hip style roof that was made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. 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. Residents rely on a packaged air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7401 West Shore Drive was last sold in Feb 19, 2021 for $649,000. According to our calculations, that's $297.03 per sqft. Current property owners are expected to pay $8,021 in taxes per year. The property on 7401 West Shore Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $632,500. To break that down further, the land itself was valued at $327,400. While improvements to the property were assessed at a total of $305,100. 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: 1964
  • Effective Year Built: 1970
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Masonry
  • 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: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,093
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Depth Feet: 560
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,185
  • Gross Building Area: 3,278
  • Building Area: 2,185
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 2,185
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE EDINA 3RD ADDN
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 004 004 LAKE EDINA 3RD ADDN 88X56X127X105X133

Ownership

  • Current Owner : TEASDALE ANNE
  • Current Owner 2: TEASDALE STEPHEN MICHAEL
  • Previous Owner : WENDT MARLENE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Edina Public School District
  • School Tax School District: EDINA
  • Census Tract: 024003

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:76007
  • District: 24
  • Parcel: 31-028-24-31-0018
  • Block: 4
  • Lot: 4
  • Meridian: SEC 31 QTR 31 TWN 028 RNG 24
  • Municipality: EDINA
  • Latitude: 44.8684
  • Longitude: -93.3427

    Address

  • Full Address: 7401 W Shore Dr
  • Address - House Number: 7401
  • Street Direction: W
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C021
  • 4-Digit Zip Code: 4021
  • Zip Code: 55435

Valuation

    Tax

  • Total Area: 4,370
  • Tax Year: 2023
  • Tax Amount: $8,021

    Appraisal Valuation

  • Standard Deviation: 0.1654
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 749,673
  • High Value: 873,673
  • Low Value: 625,672

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,255,200
  • First Open Lien Mortgage Lender: BREMER BANK NA
  • First Open Lien Mortgage Recording Date: Feb 26, 2021
  • First Open Lien Mortgage Loan Amount: $584,100
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Loan Amount: $584,100
  • Second Open Lien Mortgage Position: 2
  • Third Open Lien Mortgage Lender: BREMER BANK NA
  • Third Open Lien Mortgage Recording Date: May 04, 2023
  • Third Open Lien Mortgage Loan Amount: $87,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Building or Construction Loan
  • Third Open Lien Mortgage Loan Due Date: Apr 06, 2053

    Market Valuation

  • Market Total Value: $632,500
  • Market Land Value: $327,400
  • Market Improvement Value: $305,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $632,500
  • Assessed Land Value: $327,400
  • Assessed Improvements Value: $305,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Feb 26, 2021
  • Current Sale Transaction ID: 11824892705
  • Current Sale Price: $649,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05807253

    Last Sale Mortgage

  • First Mortgage Lender: BREMER BANK NA
  • First Mortgage Transaction Date: Feb 26, 2021
  • First Mortgage Loan Amount: $584,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Edina



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Frequently Asked Questions

What neighborhood is 7401 West Shore Drive located in?
The 7401 West Shore Drive is a located in the neighborhood of Edina in Edina, Minneapolis.
What is the average sales price for listings in 7401 West Shore Drive?
The average sales price for units in 7401 West Shore Drive is $0 currently.

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