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7840 Mississippi Lane

7840 Mississippi Lane, Minneapolis, MN 55444
Property in Brooklyn Park
Sold Dec 05, 2019
$514,000
$484,350 by Bell Bank
Mortgage Due Nov 01, 2049
Sold Jan 07, 2003
$359,900
Local assessors in Minneapolis, MN have categorized 7840 Mississippi Lane as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1982. The property's lot size has been calculated to be 39,640 square feet. The linear feet between the front and back of the lot was measured at 4,100 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. 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 7840 Mississippi Lane has a total of 2,015 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 mixed used garage for those who need a place to park their vehicle. The garage on the property is 988 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Lots of metal were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. 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, 7840 Mississippi Lane was last sold in Oct 29, 2019 for $514,000. According to our calculations, that's $255.09 per sqft. Prior to that sales transaction, the property was sold for $359,900 in Sep 26, 2002. Current property owners are expected to pay $7,352 in taxes per year. The property on 7840 Mississippi Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $461,600. To break that down further, the land itself was valued at $250,000. While improvements to the property were assessed at a total of $211,600. 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. 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.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: 1963
  • Effective Year Built: 1982
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 988
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 39,640
  • Lot Size Depth Feet: 4,100
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,015
  • Gross Building Area: 2,015
  • Building Area: 2,015
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,015
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNPLATTED 24 119 21
  • Land Acres: 0.91
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNPLATTED 24 119 21 COM AT PT OF INTERSECT OF S LINE OF SEC 24 WITH CENTER LINE OF WEST RIVER RD TH NLY ALONG SAID CENTER

Ownership

  • Current Owner : ROCHE JAMES
  • Current Owner 2: ROCHE MAREN
  • Previous Owner : HANSON GAIL HOWARD
  • Owner Before Previous Owner: SONNACK MARY D
  • Owner Before Previous Owner 2: CONROW PAUL F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anoka-Hennepin Public School District
  • School Tax School District: ANOKA - HENNEPI
  • Census Tract: 026815

Geography

  • Assessors Map Reference: MB:87524
  • District: 48
  • Parcel: 24-119-21-44-0062
  • Meridian: SEC 24 QTR 44 TWN 119 RNG 21
  • Municipality: BROOKLYN PARK
  • Latitude: 45.0972
  • Longitude: -93.2815

    Address

  • Full Address: 7840 Mississippi Ln
  • Address - House Number: 7840
  • Address - Street Name: Mississippi
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C040
  • 4-Digit Zip Code: 2152
  • Zip Code: 55444

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,352

    Appraisal Valuation

  • Standard Deviation: 0.141
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 573,771
  • High Value: 654,699
  • Low Value: 492,843

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $484,350
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Dec 05, 2019
  • First Open Lien Mortgage Loan Amount: $484,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $461,600
  • Market Land Value: $250,000
  • Market Improvement Value: $211,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $461,600
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $211,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2019
  • Current Sale Recording Date: Dec 05, 2019
  • Current Sale Transaction ID: 11706868663
  • Current Sale Price: $514,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10732566
  • Previous Sale Recording Date: Jan 07, 2003
  • Previous Sale Contract Date: Sep 26, 2002
  • Previous Sale Amount: $359,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Dec 05, 2019
  • First Mortgage Loan Amount: $484,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2049

About Brooklyn Park



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Frequently Asked Questions

What neighborhood is 7840 Mississippi Lane located in?
The 7840 Mississippi Lane is a located in the neighborhood of Brooklyn Park in Brooklyn Park, Minneapolis.
What is the average sales price for listings in 7840 Mississippi Lane?
The average sales price for units in 7840 Mississippi Lane is $0 currently.

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