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9308 Palmer Road

9308 Palmer Road, Minneapolis, MN 55437
Property in West Bloomington
Sold Jul 08, 2020
$560,000
$448,000 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2050
Local assessors in Minneapolis, MN have categorized 9308 Palmer Road as a residential type of property. The home was built in 1985 and is 39 years old. It was most recently renovated and altered in 1996. The property's lot size has been calculated to be 20,038 square feet. The linear feet between the front and back of the lot was measured at 1,860 ft and the front of the lot was measured at 840 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 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 9308 Palmer Road has a total of 2,316 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 812 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 or hip style roof that was made of asphalt. Lots of wood 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 central air conditioning for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 9308 Palmer Road was last sold in Jun 24, 2020 for $560,000. According to our calculations, that's $241.80 per sqft. Current property owners are expected to pay $7,208 in taxes per year. The property on 9308 Palmer Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $552,200. To break that down further, the land itself was valued at $194,700. While improvements to the property were assessed at a total of $357,500. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1985
  • Effective Year Built: 1996
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: 3,289
  • Garage Type: Attached
  • Garage Square Area: 812
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 1,860
  • Lot Size Frontage Feet: 840
  • Total Building Area: 2,316
  • Gross Building Area: 5,605
  • Building Area: 2,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 2,316
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORMANDALE HILLS 3RD
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 018 004 NORMANDALE HILLS 3RD E 84X186X122X221

Ownership

  • Current Owner : BATTLES DEBORAH ANN
  • Current Owner 2: NORDSTROM NELS ANDREW
  • Previous Owner : KNUTSON MARK A
  • Previous Owner 2: KNUTSON JEAN S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomington Public School District
  • School Tax School District: BLOOMINGTON
  • Census Tract: 025703

Geography

  • Assessors Map Reference: MB:02314
  • District: 20
  • Parcel: 07-027-24-34-0019
  • Block: 4
  • Lot: 18
  • Meridian: SEC 07 QTR 34 TWN 027 RNG 24
  • Municipality: BLOOMINGTON
  • Latitude: 44.8348
  • Longitude: -93.344

    Address

  • Full Address: 9308 Palmer Rd
  • Address - House Number: 9308
  • Address - Street Name: Palmer
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C023
  • 4-Digit Zip Code: 2078
  • Zip Code: 55437

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,208

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 600,807
  • High Value: 697,341
  • Low Value: 504,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $448,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 08, 2020
  • First Open Lien Mortgage Loan Amount: $448,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $552,200
  • Market Land Value: $194,700
  • Market Improvement Value: $357,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $552,200
  • Assessed Land Value: $194,700
  • Assessed Improvements Value: $357,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2020
  • Current Sale Recording Date: Jul 08, 2020
  • Current Sale Transaction ID: 11772759658
  • Current Sale Price: $560,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10809303

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 08, 2020
  • First Mortgage Loan Amount: $448,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About West Bloomington



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Frequently Asked Questions

What neighborhood is 9308 Palmer Road located in?
The 9308 Palmer Road is a located in the neighborhood of West Bloomington in West Bloomington, Minneapolis.
What is the average sales price for listings in 9308 Palmer Road?
The average sales price for units in 9308 Palmer Road is $0 currently.

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