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8518 Saratoga Lane

8518 Saratoga Lane, Eden Prairie, MN 55347
Property in Eden Prairie
Sold Aug 09, 2017
$333,400
$266,720 by Think Mutual Bank
Mortgage Due Jul 01, 2047
Sold May 26, 2015
$279,900
$265,905 by Pennymac Loan Services Llc
Mortgage Due Jun 01, 2045
Local assessors in Eden Prairie, MN have categorized 8518 Saratoga Lane as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 11,326 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 8518 Saratoga Lane has a total of 1,186 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 720 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 hip style roof that was made of asphalt. Lots of a material which is produced from two or more constituent materials 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 a packaged air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. 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, 8518 Saratoga Lane sold most recently in Jun 30, 2017 for a total of $333,400. If you work out the math, that's approximately a cost of $281.11 per sqft. Before that, the property was also sold for $279,900 in May 15, 2015. 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 $4,762 in taxes each year. 8518 Saratoga Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $418,900. If we break it down further, the land itself was valued at $149,800. Improvements to the property, however, were assessed at a total of $269,100. 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: 1988
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Composition
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 794
  • Garage Type: Attached
  • Garage Square Area: 720
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,640
  • Total Building Area: 1,186
  • Gross Building Area: 1,980
  • Building Area: 1,186
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,186
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEER CREEK 2
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 008 001 DEER CREEK 2 58.19 X 164

Ownership

  • Current Owner : DAHLBERG ERIC J
  • Current Owner 2: DAHLBERG KATIE M
  • Previous Owner : REINKE SCOTT
  • Previous Owner 2: REINKE CHETTA
  • Owner Before Previous Owner: WOOD CATHERINE JEAN
  • Owner Before Previous Owner 2: WOOD DAVID C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Eden Prairie Public School District
  • School Tax School District: EDEN PRAIRIE
  • Census Tract: 026015

Zoning

  • Zoning: R195

Geography

  • Assessors Map Reference: MB:03489
  • District: 61
  • Parcel: 15-116-22-34-0037
  • Block: 1
  • Lot: 8
  • Meridian: SEC 15 QTR 34 TWN 116 RNG 22
  • Municipality: EDEN PRAIRIE
  • Latitude: 44.8495
  • Longitude: -93.4521

    Address

  • Full Address: 8518 Saratoga Ln
  • Address - House Number: 8518
  • Address - Street Name: Saratoga
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Eden Prairie
  • Carrier Code: C017
  • 4-Digit Zip Code: 1611
  • Zip Code: 55347

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,762

    Appraisal Valuation

  • Standard Deviation: 0.1375
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 465,896
  • High Value: 529,975
  • Low Value: 401,816

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $266,720
  • First Open Lien Mortgage Lender: THINK MUTUAL BANK
  • First Open Lien Mortgage Recording Date: Aug 09, 2017
  • First Open Lien Mortgage Loan Amount: $266,720
  • 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: Jul 01, 2047

    Market Valuation

  • Market Total Value: $418,900
  • Market Land Value: $149,800
  • Market Improvement Value: $269,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $418,900
  • Assessed Land Value: $149,800
  • Assessed Improvements Value: $269,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2017
  • Current Sale Recording Date: Aug 09, 2017
  • Current Sale Transaction ID: 1732133167
  • Current Sale Price: $333,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10468474
  • Previous Sale Recording Date: May 26, 2015
  • Previous Sale Contract Date: May 15, 2015
  • Previous Sale Amount: $279,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THINK MUTUAL BANK
  • First Mortgage Transaction Date: Aug 09, 2017
  • First Mortgage Loan Amount: $266,720
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Previous Mortgage Transaction Date: May 26, 2015
  • Previous Mortgage Loan Amount: $265,905
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Eden Prairie



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Frequently Asked Questions

What neighborhood is 8518 Saratoga Lane located in?
The 8518 Saratoga Lane is a located in the neighborhood of Eden Prairie in Eden Prairie, Eden Prairie.
What is the average sales price for listings in 8518 Saratoga Lane?
The average sales price for units in 8518 Saratoga Lane is $0 currently.

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