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1010 Reeds Lane

1010 Reeds Lane, Glencoe, MN 55336
Property in Glencoe
Sold Mar 04, 2019
$104,000
$300,000 by Cortrust Mortgage Inc
Mortgage Due Mar 17, 2050
1010 Reeds Lane in Glencoe, MN was first built in 1949 and is 75 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1010 Reeds Lane has 1,299 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 basement is 542 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,640. In total, the area measurement of the land is 19,700 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 mixed used garage. The garage is 1,045 sqft. There are a total of 8 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The exterior walls of the home are made of wood. While the interior walls are made of plaster. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water 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. 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, 1010 Reeds Lane sold most recently in Feb 28, 2019 for a total of $104,000. If you work out the math, that's approximately a cost of $47.12 per sqft. 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 $5,374 in taxes each year. 1010 Reeds Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $357,400. If we break it down further, the land itself was valued at $80,500. Improvements to the property, however, were assessed at a total of $276,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1949
  • Effective Year Built: 1980
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C-
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 542
  • Garage Type: Mixed use
  • Garage Square Area: 1,045
  • Parking Space Count: 8

    Dimensions

  • Lot Size Square Feet: 19,700
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,207
  • Gross Building Area: 2,207
  • Building Area: 2,207
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,299
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GLENVIEW WOODS
  • Land Acres: 0.452
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: GLENVIEW WOODS LOT-006

Ownership

  • Current Owner : RYAN VOSS CONSTRUCTION INC
  • Previous Owner : BRITZ TIMOTHY J
  • Previous Owner 2: BRITZ DOREEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Glencoe-Silver Lake School District
  • Census Tract: 950700

Geography

  • Parcel: 22.116.0050
  • Lot: 6
  • Municipality: CITY OF GLENCOE
  • Latitude: 44.7619
  • Longitude: -94.1484

    Address

  • Full Address: 1010 Reeds Ln
  • Address - House Number: 1010
  • Address - Street Name: Reeds
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Glencoe
  • Carrier Code: R002
  • 4-Digit Zip Code: 3131
  • Zip Code: 55336

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,374

    Appraisal Valuation

  • Standard Deviation: 0.138
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 431,303
  • High Value: 490,859
  • Low Value: 371,747

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: CORTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 17, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Mar 17, 2050

    Market Valuation

  • Market Total Value: $357,400
  • Market Land Value: $80,500
  • Market Improvement Value: $276,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $357,400
  • Assessed Land Value: $80,500
  • Assessed Improvements Value: $276,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2019
  • Current Sale Recording Date: Mar 04, 2019
  • Current Sale Transaction ID: 11608426058
  • Current Sale Price: $104,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 63857

About Glencoe



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Frequently Asked Questions

What neighborhood is 1010 Reeds Lane located in?
The 1010 Reeds Lane is a located in the neighborhood of Glencoe in Glencoe, Glencoe.
What is the average sales price for listings in 1010 Reeds Lane?
The average sales price for units in 1010 Reeds Lane is $0 currently.

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