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8613 Ridgewood Lane

8613 Ridgewood Lane, Savage, MN 55378
Property in Savage
Sold Apr 20, 2021
$380,000
$307,800 by Plaza Home Mortgage Inc
Mortgage Due May 01, 2051
Sold Nov 05, 1998
$40,000
Local assessors in Savage, MN have categorized 8613 Ridgewood Lane as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 13,939 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8613 Ridgewood Lane has a total of 1,752 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 676 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 660 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D+. Lots of unknown 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit 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, 8613 Ridgewood Lane was last sold in Apr 15, 2021 for $380,000. According to our calculations, that's $216.89 per sqft. Prior to that sales transaction, the property was sold for $40,000 in Nov 4, 1998. Current property owners are expected to pay $4,586 in taxes per year. The property on 8613 Ridgewood Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $434,800. To break that down further, the land itself was valued at $154,600. While improvements to the property were assessed at a total of $280,200. 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. 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. 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.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 7
  • Building Quality: D+
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 676
  • Garage Type: Garage
  • Garage Square Area: 660
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,752
  • Gross Building Area: 1,790
  • Building Area: 1,752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,752
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOONE PLACE
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME BOONE PLACE LOT 015 BLOCK 001 SUBDIVISIONCD 26231

Ownership

  • Current Owner : HAYES MATTHEW QUENTIN
  • Current Owner 2: BROICH EMILY JO
  • Previous Owner : LIM CHIP L
  • Previous Owner 2: LIM JENNY Y
  • Owner Before Previous Owner: GM LAND COMPANY INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prior Lake-Savage Area Schools
  • School Tax School District: PRIOR LAKE
  • School Tax District Code 2: CTY-SAVAGE
  • School Tax District Code 3: SPRNGLAKE WS
  • Census Tract: 080202

Geography

  • Assessors Map Reference: PM 26231
  • District: 0900
  • Parcel: 26-231015-0
  • Block: 001
  • Lot: 015
  • Municipality: CITY OF SAVAGE
  • Latitude: 44.7476
  • Longitude: -93.3878

    Address

  • Full Address: 8613 Ridgewood Ln
  • Address - House Number: 8613
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Savage
  • Carrier Code: R024
  • 4-Digit Zip Code: 2147
  • Zip Code: 55378

Valuation

    Tax

  • Total Area: 1,617
  • Tax Year: 2023
  • Tax Amount: $4,586
  • Tax Rate Code Area: 2107

    Appraisal Valuation

  • Standard Deviation: 0.1382
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 480,739
  • High Value: 547,200
  • Low Value: 414,277

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $408,576
  • First Open Lien Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $307,800
  • 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 Lender: FIGURE LENDING LLC
  • Second Open Lien Mortgage Recording Date: May 19, 2022
  • Second Open Lien Mortgage Loan Amount: $100,776
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 06, 2032

    Market Valuation

  • Market Total Value: $434,800
  • Market Land Value: $154,600
  • Market Improvement Value: $280,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $434,800
  • Assessed Land Value: $154,600
  • Assessed Improvements Value: $280,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11832635926
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1125909
  • Previous Sale Recording Date: Nov 05, 1998
  • Previous Sale Contract Date: Nov 04, 1998
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $307,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Savage



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Nearby Rentals

Unit for rent at 13958 Edgewood Ave, Savage, MN, 55378

$2,435 /mo

  • 3 Beds
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  • 1,338 ft²
13958 Edgewood Ave #13930 Edgewood Ave - 120, Savage, MN, 55378 Listing by Manager

Frequently Asked Questions

What neighborhood is 8613 Ridgewood Lane located in?
The 8613 Ridgewood Lane is a located in the neighborhood of Savage in Savage, Savage.
What is the average sales price for listings in 8613 Ridgewood Lane?
The average sales price for units in 8613 Ridgewood Lane is $0 currently.

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