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992 Fairway Lane

992 Fairway Lane, Mound, MN 55364
Property in Minnetrista
Sold Sep 16, 2016
$466,532
$417,000 by Calatlantic Mortgage Inc
Mortgage Due Oct 01, 2046
992 Fairway Lane in Mound, MN was first built in 2016 and is 8 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 992 Fairway Lane has 2,568 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. The linear feet across the front of the lot is 140 ft and the linear feet between the front and back of the lot is 120. In total, the area measurement of the land is 13,939 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. The garage is 704 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of metal. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 992 Fairway Lane was last sold in Sep 16, 2016 for $466,532. According to our calculations, that's $181.67 per sqft. Current property owners are expected to pay $6,154 in taxes per year. The property on 992 Fairway Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $609,000. To break that down further, the land itself was valued at $193,000. While improvements to the property were assessed at a total of $416,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 416
  • Garage Type: Garage
  • Garage Square Area: 704
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 120
  • Lot Size Frontage Feet: 140
  • Total Building Area: 2,568
  • Gross Building Area: 2,984
  • Building Area: 2,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 2,568
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RED OAK OF MINNETRISTA
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 007 005 RED OAK OF MINNETRISTA IRREGULAR

Ownership

  • Current Owner : JAMES LEANN JOSEPHINE
  • Current Owner 2: JAMES TIMOTHY A
  • Previous Owner : CALATLANTIC GROUP INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westonka Public School District
  • School Tax School District: WESTONKA
  • Census Tract: 027701

Geography

  • Assessors Map Reference: MB:10034
  • District: 36
  • Parcel: 12-117-24-11-0038
  • Block: 5
  • Lot: 7
  • Meridian: SEC 12 QTR 11 TWN 117 RNG 24
  • Municipality: MINNETRISTA
  • Latitude: 44.9611
  • Longitude: -93.6473

    Address

  • Full Address: 992 Fairway Ln
  • Address - House Number: 992
  • Address - Street Name: Fairway
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Mound
  • Carrier Code: R001
  • 4-Digit Zip Code: 8241
  • Zip Code: 55364

Valuation

    Tax

  • Total Area: 3,954
  • Tax Year: 2023
  • Tax Amount: $6,154

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 740,865
  • High Value: 856,797
  • Low Value: 624,934

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: CALATLANTIC MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 16, 2016
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $609,000
  • Market Land Value: $193,000
  • Market Improvement Value: $416,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $609,000
  • Assessed Land Value: $193,000
  • Assessed Improvements Value: $416,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 16, 2016
  • Current Sale Recording Date: Sep 16, 2016
  • Current Sale Transaction ID: 1797420715
  • Current Sale Price: $466,532
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05382346

    Last Sale Mortgage

  • First Mortgage Lender: CALATLANTIC MORTGAGE INC
  • First Mortgage Transaction Date: Sep 16, 2016
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

About Minnetrista



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Frequently Asked Questions

What neighborhood is 992 Fairway Lane located in?
The 992 Fairway Lane is a located in the neighborhood of Minnetrista in Minnetrista, Mound.
What is the average sales price for listings in 992 Fairway Lane?
The average sales price for units in 992 Fairway Lane is $0 currently.

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