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7517 Southridge Lane

7517 Southridge Lane, Savage, MN 55378
Property in Savage
Sold Mar 17, 2022
$503
Buyer
Seller
Sold Jun 21, 2016
$158,500
$118,850 by New York Community Bank
Mortgage Due Jul 01, 2031
7517 Southridge Lane in Savage, MN was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7517 Southridge Lane has 1,330 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 240 ft and the linear feet between the front and back of the lot is 270. In total, the area measurement of the land is 436 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 648 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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, 7517 Southridge Lane sold most recently in Mar 16, 2022 for a total of $503. If you work out the math, that's approximately a cost of $0.38 per sqft. Before that, the property was also sold for $158,500 in Jun 1, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,548 in taxes each year. 7517 Southridge Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $236,600. If we break it down further, the land itself was valued at $73,500. Improvements to the property, however, were assessed at a total of $163,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Quality: D+
  • Building Style: Townhouse
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Basement Type: Unspecified basement
  • Basement Area: 648
  • Garage Type: Garage
  • Garage Square Area: 648
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 436
  • Lot Size Depth Feet: 270
  • Lot Size Frontage Feet: 240
  • Total Building Area: 1,330
  • Gross Building Area: 1,463
  • Building Area: 1,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIC 1129 RIDGEWOOD CONDOMINIUMS
  • Land Acres: 0.01
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SECTION 29 TOWNSHIP 115 RANGE 021 SUBDIVISIONNAME CIC 1129 RIDGEWOOD CONDOMINIUMS LOT UNT BLOCK 167 SUBDIVISIONCD

Ownership

  • Current Owner : SX/7517 LLC
  • Previous Owner : CHEN
  • Previous Owner 2: JIANYLNG
  • Owner Before Previous Owner: KOCH LINDSEY A
  • Owner Before Previous Owner 2: KOCH JEFFREY D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Prior Lake-Savage Area Schools
  • School Tax School District: PRIOR LAKE
  • School Tax District Code 2: CTY-SAVAGE
  • School Tax District Code 3: SPRNGLAKE WS
  • Census Tract: 080204

Geography

  • Assessors Map Reference: PM 26369
  • District: 0900
  • Parcel: 26-369167-0
  • Block: 167
  • Lot: UNT
  • Meridian: SEC 29 TWN 115N RNG 21W
  • Municipality: CITY OF SAVAGE
  • Latitude: 44.7408
  • Longitude: -93.3768

    Address

  • Full Address: 7517 Southridge Ln
  • Address - House Number: 7517
  • Address - Street Name: Southridge
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Savage
  • Carrier Code: R025
  • 4-Digit Zip Code: 2565
  • Zip Code: 55378

Valuation

    Tax

  • Total Area: 1,217
  • Tax Year: 2023
  • Tax Amount: $2,548
  • Tax Rate Code Area: 2107

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 81
  • Final Value: 275,693
  • High Value: 317,655
  • Low Value: 233,732

    Market Valuation

  • Market Total Value: $236,600
  • Market Land Value: $73,500
  • Market Improvement Value: $163,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,600
  • Assessed Land Value: $73,500
  • Assessed Improvements Value: $163,100

    Sales

  • Current Sale Contract Date: Mar 16, 2022
  • Current Sale Recording Date: Mar 17, 2022
  • Current Sale Transaction ID: 11882604758
  • Current Sale Price: $503
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 1153560
  • Previous Sale Recording Date: Jun 21, 2016
  • Previous Sale Contract Date: Jun 01, 2016
  • Previous Sale Amount: $158,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NEW YORK COMMUNITY BANK
  • Previous Mortgage Transaction Date: Jun 21, 2016
  • Previous Mortgage Loan Amount: $118,850
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2031

About Savage



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Frequently Asked Questions

What neighborhood is 7517 Southridge Lane located in?
The 7517 Southridge Lane is a located in the neighborhood of Savage in Savage, Savage.
What is the average sales price for listings in 7517 Southridge Lane?
The average sales price for units in 7517 Southridge Lane is $0 currently.

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