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970 Orchard Trail

970 Orchard Trail, Mound, MN 55364
Property in Minnetrista
Sold Mar 26, 2021
$899,000
$475,000 by First National Bank Of Colerai
Mortgage Due Mar 01, 2051
Sold Apr 08, 2020
$750,000
$510,400 by Land-home Financial Services
Mortgage Due Apr 03, 2050
970 Orchard Trail in Mound, MN was first built in 2016 and is 8 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 4 partial bathrooms. 970 Orchard Trail has 3,426 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,375 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of B+. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a space/suspended heating system. 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, 970 Orchard Trail was last sold in Mar 8, 2021 for $899,000. According to our calculations, that's $262.41 per sqft. Prior to that sales transaction, the property was sold for $750,000 in Mar 26, 2020. Current property owners are expected to pay $10,329 in taxes per year. The property on 970 Orchard Trail was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $930,000. To break that down further, the land itself was valued at $333,000. While improvements to the property were assessed at a total of $597,000. 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: 2016
  • Effective Year Built: 2016
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Quality: B+
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,126
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,540
  • Total Building Area: 3,426
  • Gross Building Area: 4,552
  • Building Area: 3,426
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 3,426
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORCHARD COVE
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 001 002 ORCHARD COVE W109X154X73X160

Ownership

  • Current Owner : JOHNSON TYLER B
  • Current Owner 2: JOHNSON TANI M
  • Previous Owner : MALMBERG RACHAEL ELIZABETH
  • Owner Before Previous Owner: CLINGMAN THOMAS JOHN
  • Owner Before Previous Owner 2: CLINGMAN MICHELLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westonka Public School District
  • School Tax School District: WESTONKA
  • Census Tract: 027601

Geography

  • Assessors Map Reference: MB:10044
  • District: 36
  • Parcel: 12-117-24-23-0042
  • Block: 2
  • Lot: 1
  • Meridian: SEC 12 QTR 23 TWN 117 RNG 24
  • Municipality: MINNETRISTA
  • Latitude: 44.9603
  • Longitude: -93.6646

    Address

  • Full Address: 970 Orchard Trl
  • Address - House Number: 970
  • Address - Street Name: Orchard
  • Address - Suffix Type: Trl
  • State: MN
  • City Name: Mound
  • Carrier Code: R008
  • 4-Digit Zip Code: 1300
  • Zip Code: 55364

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,329

    Appraisal Valuation

  • Standard Deviation: 0.1429
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 1,011,715
  • High Value: 1,156,385
  • Low Value: 867,045

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $950,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF COLERAI
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Loan Amount: $475,000
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Loan Amount: $475,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $930,000
  • Market Land Value: $333,000
  • Market Improvement Value: $597,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $930,000
  • Assessed Land Value: $333,000
  • Assessed Improvements Value: $597,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 08, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11830453622
  • Current Sale Price: $899,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10937268
  • Previous Sale Recording Date: Apr 08, 2020
  • Previous Sale Contract Date: Mar 26, 2020
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF COLERAI
  • First Mortgage Transaction Date: Mar 26, 2021
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Apr 08, 2020
  • Previous Mortgage Loan Amount: $510,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 03, 2050

About Minnetrista



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Frequently Asked Questions

What neighborhood is 970 Orchard Trail located in?
The 970 Orchard Trail is a located in the neighborhood of Minnetrista in Minnetrista, Mound.
What is the average sales price for listings in 970 Orchard Trail?
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