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7881 Bailey Drive

7881 Bailey Drive, Eden Prairie, MN 55347
Property in Eden Prairie
Sold Mar 21, 2016
$360,000
$288,000 by Alerus Mortgage
Mortgage Due Apr 01, 2046
Sold May 02, 2013
$315,441
7881 Bailey Drive in Eden Prairie, MN was first built in 2002 and is 22 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. It is a single story home. There are a total of 8 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7881 Bailey Drive has 1,483 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 5,663 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 1,003 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 wood. 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. The property was last sold in Mar 9, 2016 for $360,000. That's $242.75 per sqft. Prior to that sales transaction, the property was also sold in Apr 30, 2013 for $315,441. 7881 Bailey Drive was last assessed in 2022. The total value of the property was assessed at $448,700. Specifically, the land the property is located on was valued at $119,300. While improvements on the property were assessed at a total of $329,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,465. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 800
  • Garage Type: Attached
  • Garage Square Area: 1,003
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,483
  • Gross Building Area: 2,283
  • Building Area: 1,483
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,483
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAS AT MITCHELL LAKE
  • Land Acres: 0.13
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: 004 001 VILLAS AT MITCHELL LAKE IRREGULAR

Ownership

  • Current Owner : ANDREWS TODD D
  • Current Owner 2: TODD D ANDREWS REVOCABLE TRUST
  • Previous Owner : HUBER BRYAN W
  • Previous Owner 2: HUBER NANCY J
  • Owner Before Previous Owner: BURNS JOSEPH E
  • Owner Before Previous Owner 2: BURNS CYNTHIA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Eden Prairie Public School District
  • School Tax School District: EDEN PRAIRIE
  • Census Tract: 026021

Zoning

  • Zoning: R195

Geography

  • Assessors Map Reference: MB:06408
  • District: 61
  • Parcel: 08-116-22-33-0059
  • Block: 1
  • Lot: 4
  • Meridian: SEC 08 QTR 33 TWN 116 RNG 22
  • Municipality: EDEN PRAIRIE
  • Latitude: 44.8619
  • Longitude: -93.4982

    Address

  • Full Address: 7881 Bailey Dr
  • Address - House Number: 7881
  • Address - Street Name: Bailey
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Eden Prairie
  • Carrier Code: C002
  • 4-Digit Zip Code: 1175
  • Zip Code: 55347

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,465

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 506,859
  • High Value: 588,536
  • Low Value: 425,181

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,000
  • First Open Lien Mortgage Lender: ALERUS MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 21, 2016
  • First Open Lien Mortgage Loan Amount: $288,000
  • 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: Apr 01, 2046

    Market Valuation

  • Market Total Value: $448,700
  • Market Land Value: $119,300
  • Market Improvement Value: $329,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $448,700
  • Assessed Land Value: $119,300
  • Assessed Improvements Value: $329,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2016
  • Current Sale Recording Date: Mar 21, 2016
  • Current Sale Transaction ID: 1476599525
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05334292
  • Previous Sale Recording Date: May 02, 2013
  • Previous Sale Contract Date: Apr 30, 2013
  • Previous Sale Amount: $315,441
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALERUS MORTGAGE
  • First Mortgage Transaction Date: Mar 21, 2016
  • First Mortgage Loan Amount: $288,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2046

About Eden Prairie



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Frequently Asked Questions

What neighborhood is 7881 Bailey Drive located in?
The 7881 Bailey Drive is a located in the neighborhood of Eden Prairie in Eden Prairie, Eden Prairie.
What is the average sales price for listings in 7881 Bailey Drive?
The average sales price for units in 7881 Bailey Drive is $0 currently.

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