NOT LISTED FOR SALE

8563 Tessman Farm Rd N Minneapolis, MN 55445

Tessman Neighborhood

Estimated Value: $385,246 - $430,000

4 Beds
2 Baths
1,017 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $235,900 $232 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,697/month

43 Days on Market

Highlights

  • Newly Remodeled
  • Porch
  • Walk-In Closet
  • Vaulted Ceiling
  • 3 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of August 2013

4 Bdrm, 2 Ba home in new development. vaulted ceilings, open floor plan, walk in pantry, custom built cabinetry,walk out basement, stainless steel appliances, HRV, 3 car garage, maintenance free exterior.

Last Agent to Sell the Property

Roger Anderson

Realty Group, Inc. Listed on: 06/13/2013

Last Buyer's Agent

Roger Anderson

Realty Group, Inc. Listed on: 06/13/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $134

Year Built

  • Built in 2013 | Newly Remodeled

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1,017 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk Through Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Driveway

Additional Features

  • Air Exchanger
  • Porch
  • Lot Dimensions are 80x135
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1711921430078

Home Details

Home Type

Single Family

Est. Annual Taxes

$134

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Porch
  • Construction: Completed New Construction
  • Foundation Size: 1000
  • Mechanicals: Air to Air Exchange
  • Parcel Number: 1711921430078
  • Projected Closed Date: 08/30/2013
  • Stories: Bi-Level Split
  • Street Designation: Road
  • Taxes With Assessments: 134.24
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath, Walk Thru
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13.9x12, On Level: Main
  • Room 2: Dining Room, 10.8x11, On Level: Main
  • Room 3: Family Room, 19.8x12, On Level: Lower
  • Room 4: Kitchen, 10x16, On Level: Main
  • Room 5: Bedroom, 15.8x11, On Level: Main
  • Room 6: Bedroom, 10x10, On Level: Main
  • Room 7: 14x11, On Level: Lower
  • Room 8: Bedroom, 13x12, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1017
  • Total Fin Square Footage: 1017

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Osseo #279

Lot Info

  • Estimated Lot Dimensions: 80x135

Building Info

  • Year Built: 2013

Tax Info

  • Year: 2013
  • Tax Value: 134

MLS Schools

  • School District: Osseo #279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2013
Closed on
Aug 29, 2013
Sold by
Rca Builders Incorporated
Bought by
Yang Chris M
Seller's Agent
Roger Anderson
Realty Group, Inc.
Buyer's Agent
Roger Anderson
Realty Group, Inc.
List Price
$229,900
Sold Price
$235,900
Premium/Discount to List
$6,000
2.61%
Current Estimated Value
$407,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,912
Avg. Annual Appreciation
4.60%
Original Mortgage
$231,626
Outstanding Balance
$171,816
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$235,996
Source: Public Records

Range of Values:

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Average Value
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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
Yang Chris M $235,900 Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Chris M $231,626
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2013 08/29/13 Sold $235,900 +2.6% $232 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $229,900 -- $226 / 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 $6,749 $365,200 $130,000 $235,200
2023 $6,521 $374,000 $130,000 $244,000
2022 $5,268 $365,700 $130,000 $235,700
2021 $4,326 $292,800 $68,000 $224,800
2020 $4,692 $277,300 $68,000 $209,300
2019 $4,615 $261,000 $68,000 $193,000
2018 $3,803 $262,700 $60,000 $202,700
2017 $3,696 $236,600 $60,000 $176,600
2016 $3,401 $216,900 $60,000 $156,900
2015 $3,406 $211,900 $55,000 $156,900
2014 -- $180,200 $50,000 $130,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4494300

REALTOR® Association of Southern Minnesota

APN: 17-119-21-43-0078