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7600 Cress View Drive

7600 Cress View Drive, Prior Lake, MN 55372
Property in Credit River
Sold Jun 03, 2021
$1,375,000
$1,100,000 by Broker Solutions Inc
Mortgage Due Jun 01, 2051
Local assessors in Prior Lake, MN have categorized 7600 Cress View Drive as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 109,336 square feet. 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 0 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 4 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 7600 Cress View Drive has a total of 2,490 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 2,490 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 garage for those who need a place to park their vehicle. The garage on the property is 1,804 sqft. There are 6 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a shed style roof that was made of asphalt. Lots of stucco 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 7600 Cress View Drive sold most recently in May 21, 2021 for a total of $1,375,000. If you work out the math, that's approximately a cost of $552.21 per sqft. 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 $9,530 in taxes each year. 7600 Cress View Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,058,100. If we break it down further, the land itself was valued at $355,400. Improvements to the property, however, were assessed at a total of $702,700. 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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Shed
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 2,490
  • Garage Type: Garage
  • Garage Square Area: 1,804
  • Parking Space Count: 6
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 109,336
  • Total Building Area: 2,490
  • Building Area: 2,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,490
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESS VIEW ESTATES
  • Land Acres: 2.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 17 TOWNSHIP 114 RANGE 021 SUBDIVISIONNAME CRESS VIEW ESTATES LOT 014 BLOCK 003 SUBDIVISIONCD 04105

Ownership

  • Current Owner : ROSS DERRICK
  • Current Owner 2: ROSS DANA
  • Previous Owner : TUBY GARRY B
  • Previous Owner 2: TUBY AMY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prior Lake-Savage Area Schools
  • School Tax School District: PRIOR LAKE
  • School Tax District Code 2: T-CREDIT RIVER
  • School Tax District Code 3: SCOTT COUNTY WM
  • Census Tract: 081002

Zoning

  • Zoning: RR-2

Geography

  • District: 0004
  • Parcel: 04-105039-0
  • Block: 003
  • Lot: 014
  • Meridian: SEC 17 TWN 114N RNG 21W
  • Municipality: TOWN OF CREDIT RIVER
  • Latitude: 44.6781
  • Longitude: -93.3685

    Address

  • Full Address: 7600 Cress View Dr
  • Address - House Number: 7600
  • Address - Street Name: Cress View
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Prior Lake
  • Carrier Code: R001
  • 4-Digit Zip Code: 3808
  • Zip Code: 55372

Valuation

    Tax

  • Total Area: 3,886
  • Tax Year: 2023
  • Tax Amount: $9,530

    Appraisal Valuation

  • Standard Deviation: 0.1234
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 86
  • Final Value: 1,304,702
  • High Value: 1,465,728
  • Low Value: 1,143,675

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,100,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jun 03, 2021
  • First Open Lien Mortgage Loan Amount: $1,100,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $1,058,100
  • Market Land Value: $355,400
  • Market Improvement Value: $702,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,058,100
  • Assessed Land Value: $355,400
  • Assessed Improvements Value: $702,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11837685066
  • Current Sale Price: $1,375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1130430

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $1,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Scott



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Frequently Asked Questions

What neighborhood is 7600 Cress View Drive located in?
The 7600 Cress View Drive is a located in the neighborhood of Credit River in Scott, Prior Lake.
What is the average sales price for listings in 7600 Cress View Drive?
The average sales price for units in 7600 Cress View Drive is $0 currently.

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