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8598 Imperial Avenue South

8598 Imperial Avenue South, Cottage Grove, MN 55016
Property in Cottage Grove
Sold Jan 22, 2021
$314,400
$308,705 by Lake Area Mortgage
Mortgage Due Dec 01, 2050
Sold May 05, 2020
$202,000
$213,750 by Lake Area Bank
Mortgage Due Nov 01, 2020
8598 Imperial Avenue South has been categorized by the local assessors in Cottage Grove, MN as a residential type of property. The building on the property was first built in 1962 and is 62 years old. The home has a total of 3 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8598 Imperial Avenue South has 1,270 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,248 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 11,953 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 308 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 or hip style roof made of asphalt. The exterior walls of the building are made of metal. 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. In terms of heating, it is utilizing a forced air unit and being fueled with gas. 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, 8598 Imperial Avenue South sold most recently in Nov 30, 2020 for a total of $314,400. If you work out the math, that's approximately a cost of $247.56 per sqft. Before that, the property was also sold for $202,000 in Apr 28, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,034 in taxes each year. 8598 Imperial Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $381,400. If we break it down further, the land itself was valued at $116,400. Improvements to the property, however, were assessed at a total of $265,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,248
  • Garage Type: Attached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,953
  • Total Building Area: 1,270
  • Building Area: 1,270
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,270
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THOMPSON GROVE ESTATES 2ND ADD
  • Land Acres: 0.274
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME THOMPSON GROVE ESTATES 2ND ADD LOT 5 BLOCK 3 SUBDIVISIONCD 28501

Ownership

  • Current Owner : VLLLLGAN RYAN
  • Current Owner 2: ENGEN BAILEY
  • Previous Owner : MASON HOME CO
  • Owner Before Previous Owner: VARGAS BRYAN
  • Owner Before Previous Owner 2: VARGAS MEGAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Washington County School District
  • School Tax School District: SO WASHINGTON
  • Census Tract: 071208

Geography

  • District: 2200
  • Parcel: 16-027-21-32-0050
  • Block: 3
  • Lot: 5
  • Meridian: SEC 16 TWN 27N RNG 21W
  • Municipality: CITY OF COTTAGE GROVE
  • Latitude: 44.8248
  • Longitude: -92.9415

    Address

  • Full Address: 8598 Imperial Ave S
  • Address - House Number: 8598
  • Street Segment Direction: S
  • Address - Street Name: Imperial
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Cottage Grove
  • Carrier Code: C009
  • 4-Digit Zip Code: 3326
  • Zip Code: 55016

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,034
  • Tax Rate Code Area: 1904 833 S

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 73
  • Final Value: 380,237
  • High Value: 454,584
  • Low Value: 305,891

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,705
  • First Open Lien Mortgage Lender: LAKE AREA MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 22, 2021
  • First Open Lien Mortgage Loan Amount: $308,705
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $381,400
  • Market Land Value: $116,400
  • Market Improvement Value: $265,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $381,400
  • Assessed Land Value: $116,400
  • Assessed Improvements Value: $265,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Jan 22, 2021
  • Current Sale Transaction ID: 11814302309
  • Current Sale Price: $314,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4289895
  • Previous Sale Recording Date: May 05, 2020
  • Previous Sale Contract Date: Apr 28, 2020
  • Previous Sale Amount: $202,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKE AREA MORTGAGE
  • First Mortgage Transaction Date: Jan 22, 2021
  • First Mortgage Loan Amount: $308,705
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LAKE AREA BANK
  • Previous Mortgage Transaction Date: May 05, 2020
  • Previous Mortgage Loan Amount: $213,750
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 01, 2020

About Cottage Grove



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Frequently Asked Questions

What neighborhood is 8598 Imperial Avenue South located in?
The 8598 Imperial Avenue South is a located in the neighborhood of Cottage Grove in Cottage Grove, Cottage Grove.
What is the average sales price for listings in 8598 Imperial Avenue South?
The average sales price for units in 8598 Imperial Avenue South is $0 currently.

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