NOT LISTED FOR SALE

1320 Fairlawn Way Golden Valley, MN 55416

Estimated Value: $483,125 - $628,000

3 Beds
2 Baths
2,058 Sq Ft
$268/Sq Ft Est. Value

Last Sold February 07, 2014

Last sale price $283,500 $138 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,399/month

66 Days on Market

Highlights

  • Corner Lot
  • Formal Dining Room
  • 2 Car Attached Garage
  • Meadowbrook Elementary School Rated A-
  • Fireplace
  • Bathroom on Main Level

About This Home

As of February 2014

Location Location South Tyrol Hills One Story with Loads of Potential. Easy access to downtown, close to new West End development, 10 min to Downtown. Large corner lot Hopkins schools. Recent Updates. 3 BD one Level, 2 Car attached

Last Agent to Sell the Property

Corey Wright

RE/MAX Metro Elite Listed on: 10/13/2013

Last Buyer's Agent

Corey Wright

RE/MAX Metro Elite Listed on: 10/13/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,974

Year Built

  • 1957

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3002924420027

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,974

Year Built

1957

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.3
  • Construction: Previously Owned
  • Foundation Size: 1288
  • Parcel Number: 3002924420027
  • Stories: 1 Story
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 21x13, On Level: Main
  • Room 2: Dining Room, 13x12, On Level: Main
  • Room 3: Family Room, 24x13, On Level: Lower
  • Room 4: Kitchen, 9x7, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Main
  • Room 6: Bedroom, 13x11, On Level: Main
  • Room 7: 11x10, On Level: Main
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1288
  • Below Grade Finished Sq Ft: 770
  • Total Fin Square Footage: 2058

Exterior Features

  • Exterior: Brick, Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 85X141X85X
  • Lot/Land Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2013
Closed on
Feb 7, 2014
Sold by
Lehan Michael P and Lehan Amyra
Bought by
Nelson Mitchel S and Nelson Sydney E
Seller's Agent
Corey Wright
RE/MAX Metro Elite
Buyer's Agent
Corey Wright
RE/MAX Metro Elite
List Price
$299,900
Sold Price
$283,500
Premium/Discount to List
-$16,400
-5.47%
Current Estimated Value
$551,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,031
Avg. Annual Appreciation
5.84%
Original Mortgage
$269,325
Outstanding Balance
$205,162
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$346,369

Purchase Details

Closed on
Jun 16, 2009
Sold by
Lehan Michael P
Bought by
Stepnes Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,897
Interest Rate
7.25%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Aug 10, 2005
Sold by
Cabaniss Rayfield J and Cabaniss Rebecca W
Bought by
Lehan Michael P
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nelson Mitchel S $283,500 Liberty Title Inc
Stepnes Paul $275,000 --
Lehan Michael P $287,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Mitchel S $269,325
Previous Owner Stepnes Paul $262,897
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2014 02/07/14 Sold $283,500 -5.5% $138 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
10/13/2013 10/13/13 For Sale $299,900 -- $146 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,974 $428,300 $203,400 $224,900
2023 $5,750 $417,500 $192,600 $224,900
2022 $5,174 $404,000 $187,000 $217,000
2021 $4,431 $365,000 $176,000 $189,000
2020 $4,536 $322,000 $158,000 $164,000
2019 $4,209 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Corey Wright

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4551183

REALTOR® Association of Southern Minnesota

APN: 30-029-24-42-0095

Minnesota Hennepin County Golden Valley 55416

1320 Fairlawn Way, Golden Valley, MN

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