Check Availability

7985 Lea Circle

7985 Lea Circle, Minneapolis, MN 55438
Property in West Bloomington
Sold Apr 02, 2021
$1,030,000
$500,000 by Cambria Financial Group Llc
Mortgage Due May 01, 2051
Sold Feb 13, 2003
$229,900
7985 Lea Circle in Minneapolis, MN was first built in 2003 and is 21 years old. Although, the building on the property was most recently renovated and altered in 2011. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7985 Lea Circle has 4,398 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 21,780 square feet.

Learn more about the property and building on this page. There is a unknown and a patio. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 904 sqft. There are a total of 4 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 condition of the building has been evaluated as average. 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 central air conditioning. 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, 7985 Lea Circle sold most recently in Mar 24, 2021 for a total of $1,030,000. If you work out the math, that's approximately a cost of $234.20 per sqft. Before that, the property was also sold for $229,900 in Jan 28, 2003. 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 $15,427 in taxes each year. 7985 Lea Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,130,200. If we break it down further, the land itself was valued at $292,700. Improvements to the property, however, were assessed at a total of $837,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2003
  • Effective Year Built: 2011
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 5,978
  • Garage Type: Attached
  • Garage Square Area: 904
  • Parking Space Count: 4
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 4,398
  • Gross Building Area: 10,376
  • Building Area: 4,398
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 4,398
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEA WOODS
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 002 001 LEA WOODS IRREGULAR

Ownership

  • Current Owner : COPOULS ROBERT STANLEY
  • Current Owner 2: COPOULS MARY ELIZABETH
  • Previous Owner : CORBIN ROGER J
  • Previous Owner 2: CORBIN ELIZABETH DARCIE
  • Owner Before Previous Owner: TONY EIDEN COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomington Public School District
  • School Tax School District: BLOOMINGTON
  • Census Tract: 025905

Geography

  • Assessors Map Reference: MB:07363
  • District: 20
  • Parcel: 17-116-21-22-0038
  • Block: 1
  • Lot: 2
  • Meridian: SEC 17 QTR 22 TWN 116 RNG 21
  • Municipality: BLOOMINGTON
  • Latitude: 44.8583
  • Longitude: -93.3753

    Address

  • Full Address: 7985 Lea Cir
  • Address - House Number: 7985
  • Address - Street Name: Lea
  • Address - Suffix Type: Cir
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C008
  • 4-Digit Zip Code: 1286
  • Zip Code: 55438

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,427

    Appraisal Valuation

  • Standard Deviation: 0.1392
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 1,180,959
  • High Value: 1,345,385
  • Low Value: 1,016,533

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: CAMBRIA FINANCIAL GROUP LLC
  • First Open Lien Mortgage Recording Date: Apr 02, 2021
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: May 01, 2051
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $1,130,200
  • Market Land Value: $292,700
  • Market Improvement Value: $837,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,130,200
  • Assessed Land Value: $292,700
  • Assessed Improvements Value: $837,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Apr 02, 2021
  • Current Sale Transaction ID: 11831499361
  • Current Sale Price: $1,030,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A10941560
  • Previous Sale Recording Date: Feb 13, 2003
  • Previous Sale Contract Date: Jan 28, 2003
  • Previous Sale Amount: $229,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAMBRIA FINANCIAL GROUP LLC
  • First Mortgage Transaction Date: Apr 02, 2021
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About West Bloomington



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7985 Lea Circle located in?
The 7985 Lea Circle is a located in the neighborhood of West Bloomington in West Bloomington, Minneapolis.
What is the average sales price for listings in 7985 Lea Circle?
The average sales price for units in 7985 Lea Circle is $0 currently.

Quantcast