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8475 Hennepin Way

8475 Hennepin Way, Morristown, MN 55052
Property in Shieldsville
Sold May 04, 2016
$242,500
$175,000 by Hometown Fcu
Mortgage Due May 01, 2046
Sold Oct 21, 2011
$216,632
$221,053 by Gsf Mortgage Corporation
Mortgage
Local assessors in Morristown, MN have categorized 8475 Hennepin Way as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 25,480 square feet. The linear feet between the front and back of the lot was measured at 180 ft and the front of the lot was measured at 140 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a a-frame style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 3 partial bathrooms. 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 8475 Hennepin Way has a total of 1,248 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 attached garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 8475 Hennepin Way was last sold in Apr 29, 2016 for $242,500. According to our calculations, that's $194.31 per sqft. Prior to that sales transaction, the property was sold for $216,632 in Oct 18, 2011. Current property owners are expected to pay $3,108 in taxes per year. The property on 8475 Hennepin Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $403,200. To break that down further, the land itself was valued at $174,000. While improvements to the property were assessed at a total of $229,200. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1965
  • Effective Year Built: 1965
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,248
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 25,480
  • Lot Size Depth Feet: 180
  • Lot Size Frontage Feet: 140
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LACANNE ADD
  • Land Acres: 0.585
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 OF LACANNE ADD

Ownership

  • Current Owner : SCHROEDER CRAIG A
  • Current Owner 2: SCHROEDER MARY E
  • Previous Owner : BECHER STEVEN P
  • Previous Owner 2: STROBEL JILL E
  • Owner Before Previous Owner: STROBEL TIMOTHY A
  • Owner Before Previous Owner 2: STROBEL LORI A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waterville-Elysian-Morristown Public School District
  • School Tax School District: 2143
  • School Tax District Code 2: SHIELD
  • School Tax District Code 3: 2
  • Census Tract: 070300

Geography

  • Parcel: 09.35.4.51.016
  • Lot: 1
  • Municipality: TOWN OF SHIELDSVILLE
  • Latitude: 44.2846
  • Longitude: -93.4341

    Address

  • Full Address: 8475 Hennepin Way
  • Address - House Number: 8475
  • Address - Street Name: Hennepin
  • Address - Suffix Type: Way
  • State: MN
  • City Name: Morristown
  • Carrier Code: R021
  • 4-Digit Zip Code: 5002
  • Zip Code: 55052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,108
  • Tax Rate Code Area: SHIELD-SD2

    Appraisal Valuation

  • Standard Deviation: 0.1364
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 429,797
  • High Value: 488,452
  • Low Value: 371,141

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: HOMETOWN FCU
  • First Open Lien Mortgage Recording Date: May 04, 2016
  • First Open Lien Mortgage Loan Amount: $175,000
  • 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, 2046

    Market Valuation

  • Market Total Value: $403,200
  • Market Land Value: $174,000
  • Market Improvement Value: $229,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,200
  • Assessed Land Value: $174,000
  • Assessed Improvements Value: $229,200

    Sales

  • Current Sale Contract Date: Apr 29, 2016
  • Current Sale Recording Date: May 04, 2016
  • Current Sale Transaction ID: 1807080994
  • Current Sale Price: $242,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A687197
  • Previous Sale Recording Date: Oct 21, 2011
  • Previous Sale Contract Date: Oct 18, 2011
  • Previous Sale Amount: $216,632
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN FCU
  • First Mortgage Transaction Date: May 04, 2016
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: GSF MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Oct 21, 2011
  • Previous Mortgage Loan Amount: $221,053
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Rice



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Frequently Asked Questions

What neighborhood is 8475 Hennepin Way located in?
The 8475 Hennepin Way is a located in the neighborhood of Shieldsville in Rice, Morristown.
What is the average sales price for listings in 8475 Hennepin Way?
The average sales price for units in 8475 Hennepin Way is $0 currently.

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