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7614 Parkridge Lane

7614 Parkridge Lane, Savage, MN 55378
Property in Savage
Sold Dec 02, 2021
$270,000
Buyer
Seller
$261,900 by Lake Area Bank
Mortgage Due Dec 01, 2051
Sold Mar 25, 2005
$199,670
7614 Parkridge Lane in Savage, MN was first built in 2004 and is 20 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. 7614 Parkridge Lane has 1,444 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 basement is 700 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 871 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 352 sqft. There is one available parking space. 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. 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, 7614 Parkridge Lane was last sold in Nov 29, 2021 for $270,000. According to our calculations, that's $186.98 per sqft. Prior to that sales transaction, the property was sold for $199,670 in Mar 14, 2005. Current property owners are expected to pay $2,680 in taxes per year. The property on 7614 Parkridge Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $261,300. To break that down further, the land itself was valued at $73,500. While improvements to the property were assessed at a total of $187,800. 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. 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.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: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Quality: D+
  • Building Style: Townhouse
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Basement Type: Finished improved basement
  • Basement Area: 700
  • Garage Type: Garage
  • Garage Square Area: 352
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 1,444
  • Gross Building Area: 1,396
  • Building Area: 1,444
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,444
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIC 1129 RIDGEWOOD CONDOMINIUMS
  • Land Acres: 0.02
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SECTION 29 TOWNSHIP 115 RANGE 021 SUBDIVISIONNAME CIC 1129 RIDGEWOOD CONDOMINIUMS LOT UNT BLOCK 080 SUBDIVISIONCD

Ownership

  • Current Owner : BOESER SHANE
  • Previous Owner : VU TU MINH
  • Owner Before Previous Owner: THE ROTTLUND CO INC
  • 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: CTY-SAVAGE
  • School Tax District Code 3: SPRNGLAKE WS
  • Census Tract: 080204

Geography

  • Assessors Map Reference: PM 26369
  • District: 0900
  • Parcel: 26-369080-0
  • Block: 080
  • Lot: UNT
  • Meridian: SEC 29 TWN 115N RNG 21W
  • Municipality: CITY OF SAVAGE
  • Latitude: 44.7403
  • Longitude: -93.3778

    Address

  • Full Address: 7614 Parkridge Ln
  • Address - House Number: 7614
  • Address - Street Name: Parkridge
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Savage
  • Carrier Code: R025
  • 4-Digit Zip Code: 1769
  • Zip Code: 55378

Valuation

    Tax

  • Total Area: 1,269
  • Tax Year: 2023
  • Tax Amount: $2,680
  • Tax Rate Code Area: 2107

    Appraisal Valuation

  • Standard Deviation: 0.1476
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 82
  • Final Value: 301,220
  • High Value: 345,702
  • Low Value: 256,739

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,900
  • First Open Lien Mortgage Lender: LAKE AREA BANK
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Loan Amount: $261,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $261,300
  • Market Land Value: $73,500
  • Market Improvement Value: $187,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,300
  • Assessed Land Value: $73,500
  • Assessed Improvements Value: $187,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11871587857
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1146317
  • Previous Sale Recording Date: Mar 25, 2005
  • Previous Sale Contract Date: Mar 14, 2005
  • Previous Sale Amount: $199,670
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: LAKE AREA MORTGAGE
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $261,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051
  • Second Mortgage Lender: LAKE AREA BANK
  • Second Mortgage Transaction Date: Dec 02, 2021
  • Second Mortgage Loan Amount: $261,900
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Mortgage Loan Due Date: Dec 01, 2051

About Savage



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Frequently Asked Questions

What neighborhood is 7614 Parkridge Lane located in?
The 7614 Parkridge Lane is a located in the neighborhood of Savage in Savage, Savage.
What is the average sales price for listings in 7614 Parkridge Lane?
The average sales price for units in 7614 Parkridge Lane is $0 currently.

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