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8566 Morgan Lane

8566 Morgan Lane, Eden Prairie, MN 55347
Property in Eden Prairie
Sold May 13, 2022
$400,000
$365,750 by Guaranteed Rate Affinity Llc
Mortgage Due Jun 01, 2052
Sold Apr 28, 2022
$400,000
Buyer
Seller
$353,228
Mortgage
8566 Morgan Lane has been categorized by the local assessors in Eden Prairie, MN as a residential type of property. The building on the property was first built in 1982 and is 42 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 8566 Morgan Lane has 828 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,330 ft and across the front of the lot is 520 ft. The area measurement of the land has been determined as 9,148 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 418 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of a material which is produced from two or more constituent materials. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 8566 Morgan Lane sold most recently in Apr 28, 2022 for a total of $400,000. If you work out the math, that's approximately a cost of $483.09 per sqft. Before that, the property was also sold for $400,000 in Apr 28, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $4,335 in taxes each year. 8566 Morgan Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $379,200. If we break it down further, the land itself was valued at $122,000. Improvements to the property, however, were assessed at a total of $257,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • 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
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 580
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 520
  • Total Building Area: 828
  • Gross Building Area: 1,408
  • Building Area: 828
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 828
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEER CREEK
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 009 001 DEER CREEK S 52X133X93X131

Ownership

  • Current Owner : WOOD JUSTIN THOMAS
  • Previous Owner : JESSICA TANG
  • Owner Before Previous Owner: TANG JESSICA
  • 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: R1135

Geography

  • Assessors Map Reference: MB:01634
  • District: 61
  • Parcel: 15-116-22-34-0003
  • Block: 1
  • Lot: 9
  • Meridian: SEC 15 QTR 34 TWN 116 RNG 22
  • Municipality: EDEN PRAIRIE
  • Latitude: 44.8495
  • Longitude: -93.4548

    Address

  • Full Address: 8566 Morgan Ln
  • Address - House Number: 8566
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Eden Prairie
  • Carrier Code: C017
  • 4-Digit Zip Code: 1624
  • Zip Code: 55347

Valuation

    Tax

  • Total Area: 1,656
  • Tax Year: 2023
  • Tax Amount: $4,335

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 404,557
  • High Value: 470,258
  • Low Value: 338,856

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $365,750
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: May 13, 2022
  • First Open Lien Mortgage Loan Amount: $365,750
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $379,200
  • Market Land Value: $122,000
  • Market Improvement Value: $257,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $379,200
  • Assessed Land Value: $122,000
  • Assessed Improvements Value: $257,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Transaction ID: 11888741673
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11108264
  • Previous Sale Recording Date: Apr 28, 2022
  • Previous Sale Contract Date: Apr 28, 2022
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: May 13, 2022
  • First Mortgage Loan Amount: $365,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: Apr 28, 2022
  • Previous Mortgage Loan Amount: $353,228
  • Previous Mortgage Loan Type: New Conventional

About Eden Prairie



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8566 Morgan Lane located in?
The 8566 Morgan Lane is a located in the neighborhood of Eden Prairie in Eden Prairie, Eden Prairie.
What is the average sales price for listings in 8566 Morgan Lane?
The average sales price for units in 8566 Morgan Lane is $0 currently.

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