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7692 Zanzibar Lane North

7692 Zanzibar Lane North, Osseo, MN 55311
Property in Maple Grove
Sold Dec 21, 1998
$369,633
$200,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 06, 2050
Sold May 07, 1998
$64,000
7692 Zanzibar Lane North in Osseo, MN was first built in 1998 and is 26 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 13 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 7692 Zanzibar Lane North has 3,328 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. In total, the area measurement of the land is 11,326 square feet.

Learn more about the property and building on this page. There is a unknown and a patio. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 675 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of materials we are unsure of. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7692 Zanzibar Lane North sold most recently in Oct 9, 1998 for a total of $369,633. If you work out the math, that's approximately a cost of $111.07 per sqft. Before that, the property was also sold for $64,000 in May 5, 1998. 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 $9,425 in taxes each year. 7692 Zanzibar Lane North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $727,700. If we break it down further, the land itself was valued at $116,700. Improvements to the property, however, were assessed at a total of $611,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1998
  • Effective Year Built: 2002
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,224
  • Garage Type: Attached
  • Garage Square Area: 675
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,350
  • Total Building Area: 3,328
  • Gross Building Area: 4,552
  • Building Area: 3,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 3,328
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALISADES AT NOTTINGHAM
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 004 001 PALISADES AT NOTTINGHAM W86X135X85X143

Ownership

  • Current Owner : RASTETTER JOSEPH F
  • Current Owner 2: RASTETTER JOYCE E
  • Previous Owner : LUNDGREN BROS CONSTRUCTION INC
  • Owner Before Previous Owner: BF HOLDING COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Osseo Public School District
  • School Tax School District: OSSEO
  • Census Tract: 026720

Geography

  • Assessors Map Reference: MB:06191
  • District: 76
  • Parcel: 29-119-22-12-0007
  • Block: 1
  • Lot: 4
  • Meridian: SEC 29 QTR 12 TWN 119 RNG 22
  • Municipality: MAPLE GROVE
  • Latitude: 45.0945
  • Longitude: -93.4873

    Address

  • Full Address: 7692 Zanzibar Ln N
  • Address - House Number: 7692
  • Street Segment Direction: N
  • Address - Street Name: Zanzibar
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Maple Grove
  • Carrier Code: R007
  • 4-Digit Zip Code: 3709
  • Zip Code: 55311

Valuation

    Tax

  • Total Area: 3,328
  • Tax Year: 2023
  • Tax Amount: $9,425

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 780,405
  • High Value: 902,524
  • Low Value: 658,286

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 09, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jul 06, 2050

    Market Valuation

  • Market Total Value: $727,700
  • Market Land Value: $116,700
  • Market Improvement Value: $611,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $727,700
  • Assessed Land Value: $116,700
  • Assessed Improvements Value: $611,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 09, 1998
  • Current Sale Recording Date: Dec 21, 1998
  • Current Sale Transaction ID: 1056073689
  • Current Sale Price: $369,633
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 689607
  • Previous Sale Recording Date: May 07, 1998
  • Previous Sale Contract Date: May 05, 1998
  • Previous Sale Amount: $64,000
  • Previous Sale Document Type: Warranty Deed

About Brooklyn Park - Maple Grove



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Frequently Asked Questions

What neighborhood is 7692 Zanzibar Lane North located in?
The 7692 Zanzibar Lane North is a located in the neighborhood of Maple Grove in Brooklyn Park - Maple Grove, Osseo.
What is the average sales price for listings in 7692 Zanzibar Lane North?
The average sales price for units in 7692 Zanzibar Lane North is $0 currently.

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