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8322 Valentine Terrace

8322 Valentine Terrace, Minneapolis, MN 55431
Property in East Bloomington
Sold May 28, 2020
$290,000
$232,000 by Keller Mortgage Llc
Mortgage Due Jun 01, 2050
Sold Jun 09, 2010
$203,000
8322 Valentine Terrace has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 2003. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8322 Valentine Terrace has 974 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,276 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 440 sqft. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of metal. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with electricity. 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, 8322 Valentine Terrace was last sold in May 22, 2020 for $290,000. According to our calculations, that's $297.74 per sqft. Prior to that sales transaction, the property was sold for $203,000 in May 21, 2010. Current property owners are expected to pay $4,344 in taxes per year. The property on 8322 Valentine Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $355,400. To break that down further, the land itself was valued at $119,200. While improvements to the property were assessed at a total of $236,200. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1954
  • Effective Year Built: 2003
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 877
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 980
  • Total Building Area: 974
  • Gross Building Area: 1,851
  • Building Area: 974
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 974
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PENN LAKE HIGHLANDS 2ND ADDN
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 001 003 PENN LAKE HIGHLANDS 2ND ADDN E75X98X64X128

Ownership

  • Current Owner : MALCORE PAUL
  • Current Owner 2: CRAM SERENA
  • Previous Owner : PORTER ANTONIO M
  • Previous Owner 2: PORTER ANN E
  • Owner Before Previous Owner: SIMON CHRISTOPHER
  • Owner Before Previous Owner 2: SIMON REBECCA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomington Public School District
  • School Tax School District: BLOOMINGTON
  • Census Tract: 025601

Geography

  • Assessors Map Reference: MB:72151
  • District: 20
  • Parcel: 04-027-24-32-0066
  • Block: 3
  • Lot: 1
  • Meridian: SEC 04 QTR 32 TWN 027 RNG 24
  • Municipality: BLOOMINGTON
  • Latitude: 44.8527
  • Longitude: -93.3046

    Address

  • Full Address: 8322 Valentine Ter
  • Address - House Number: 8322
  • Address - Street Name: Valentine
  • Address - Suffix Type: Ter
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C017
  • 4-Digit Zip Code: 1736
  • Zip Code: 55431

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,344

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 370,515
  • High Value: 431,341
  • Low Value: 309,688

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,000
  • First Open Lien Mortgage Lender: KELLER MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 28, 2020
  • First Open Lien Mortgage Loan Amount: $232,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $355,400
  • Market Land Value: $119,200
  • Market Improvement Value: $236,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $355,400
  • Assessed Land Value: $119,200
  • Assessed Improvements Value: $236,200

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Transaction ID: 11763412978
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10791838
  • Previous Sale Recording Date: Jun 09, 2010
  • Previous Sale Contract Date: May 21, 2010
  • Previous Sale Amount: $203,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KELLER MORTGAGE LLC
  • First Mortgage Transaction Date: May 28, 2020
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

About East Bloomington



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Frequently Asked Questions

What neighborhood is 8322 Valentine Terrace located in?
The 8322 Valentine Terrace is a located in the neighborhood of East Bloomington in East Bloomington, Minneapolis.
What is the average sales price for listings in 8322 Valentine Terrace?
The average sales price for units in 8322 Valentine Terrace is $0 currently.

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