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1145 Farmers Lane

1145 Farmers Lane, Belle Plaine, MN 56011
Property in Belle Plaine
Sold May 19, 2022
$345,000
$310,500 by Bell Bank
Mortgage Due Jun 01, 2052
Sold May 12, 2022
$345,000
Local assessors in Belle Plaine, MN have categorized 1145 Farmers Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 13,068 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split foyer style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1145 Farmers Lane has a total of 1,228 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,214 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 744 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a gable style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 1145 Farmers Lane sold most recently in May 11, 2022 for a total of $345,000. If you work out the math, that's approximately a cost of $280.94 per sqft. Before that, the property was also sold for $345,000 in May 12, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $4,834 in taxes each year. 1145 Farmers Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $342,900. If we break it down further, the land itself was valued at $71,300. Improvements to the property, however, were assessed at a total of $271,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Exterior

Block Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Quality: C-
  • Building Style: Split foyer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Basement Type: Finished improved basement
  • Basement Area: 1,214
  • Garage Type: Garage
  • Garage Square Area: 744
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,228
  • Gross Building Area: 3,394
  • Building Area: 1,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARMERS RIDGE 1ST ADDN
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 08 TOWNSHIP 113 RANGE 024 SUBDIVISIONNAME FARMERS RIDGE 1ST ADDN LOT 001 BLOCK 001 SUBDIVISIONCD 20070

Ownership

  • Current Owner : SATHER RODNEY A
  • Current Owner 2: SATHER ALEXA ANN
  • Previous Owner : GEOMANNI MENDEZ-CHICATTO JESUS
  • Previous Owner 2: GEOMANNI ZULEIMA
  • Owner Before Previous Owner: MENDEZ-CHICATTO JESUS
  • Owner Before Previous Owner 2: ORTIZ ZULEIMA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Belle Plaine Public School District
  • School Tax School District: BELLE PLAINE
  • School Tax District Code 2: C-BELLE PLAINE
  • School Tax District Code 3: SCOTT COUNTY WM
  • Census Tract: 081302

Geography

  • Assessors Map Reference: PM 20070
  • District: 0100
  • Parcel: 20-070001-0
  • Block: 001
  • Lot: 001
  • Meridian: SEC 8 TWN 113N RNG 24W
  • Municipality: CITY OF BELLE PLAINE
  • Latitude: 44.6138
  • Longitude: -93.7448

    Address

  • Full Address: 1145 Farmers Ln
  • Address - House Number: 1145
  • Address - Street Name: Farmers
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Belle Plaine
  • Carrier Code: R003
  • 4-Digit Zip Code: 2278
  • Zip Code: 56011

Valuation

    Tax

  • Total Area: 1,714
  • Tax Year: 2023
  • Tax Amount: $4,834
  • Tax Rate Code Area: 1501

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 82
  • Final Value: 371,839
  • High Value: 426,438
  • Low Value: 317,241

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,500
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Loan Amount: $310,500
  • 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: $342,900
  • Market Land Value: $71,300
  • Market Improvement Value: $271,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,900
  • Assessed Land Value: $71,300
  • Assessed Improvements Value: $271,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Transaction ID: 11888023075
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1157081
  • Previous Sale Recording Date: May 12, 2022
  • Previous Sale Contract Date: May 12, 2022
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: May 19, 2022
  • First Mortgage Loan Amount: $310,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: May 12, 2022
  • Previous Mortgage Loan Amount: $310,500
  • Previous Mortgage Loan Type: New Conventional

About Belle Plaine



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Frequently Asked Questions

What neighborhood is 1145 Farmers Lane located in?
The 1145 Farmers Lane is a located in the neighborhood of Belle Plaine in Belle Plaine, Belle Plaine.
What is the average sales price for listings in 1145 Farmers Lane?
The average sales price for units in 1145 Farmers Lane is $0 currently.

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