Check Availability

1181 Farmers Lane

1181 Farmers Lane, Belle Plaine, MN 56011
Property in Belle Plaine
Sold Dec 16, 2021
Transfer
Buyer
Seller
$264,550 by Cmg Mortgage Inc
Mortgage Due Jan 01, 2052
Sold May 31, 2017
$225,000
$213,749 by Quicken Loans Inc
Mortgage Due Jun 01, 2047
1181 Farmers Lane in Belle Plaine, MN was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split foyer style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1181 Farmers Lane has 1,076 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 1,068 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 9,148 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of asphalt. For those who need parking, there is a garage. The garage is 744 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. Prior to that sales transaction, the property was also sold in May 26, 2017 for $225,000. 1181 Farmers Lane was last assessed in 2023. The total value of the property was assessed at $302,100. Specifically, the land the property is located on was valued at $69,300. While improvements on the property were assessed at a total of $232,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,184. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Quality: D+
  • Building Style: Split foyer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Asphalt
  • Basement Type: Finished improved basement
  • Basement Area: 1,068
  • Garage Type: Garage
  • Garage Square Area: 744
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,076
  • Building Area: 1,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARMERS RIDGE 1ST ADDN
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 08 TOWNSHIP 113 RANGE 024 SUBDIVISIONNAME FARMERS RIDGE 1ST ADDN LOT 010 BLOCK 001 SUBDIVISIONCD 20070

Ownership

  • Current Owner : PEDERSON AMY
  • Previous Owner : HUFF RICHARD
  • Owner Before Previous Owner: LUSIGNAN EDWARD J
  • Owner Before Previous Owner 2: LUSIGNAN CHRISTINE

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: 20-070010-0
  • Block: 001
  • Lot: 010
  • Meridian: SEC 8 TWN 113N RNG 24W
  • Municipality: CITY OF BELLE PLAINE
  • Latitude: 44.6149
  • Longitude: -93.7436

    Address

  • Full Address: 1181 Farmers Ln
  • Address - House Number: 1181
  • 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: 1,498
  • Tax Year: 2023
  • Tax Amount: $4,184
  • Tax Rate Code Area: 1501

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 82
  • Final Value: 341,474
  • High Value: 391,613
  • Low Value: 291,334

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,550
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 16, 2021
  • First Open Lien Mortgage Loan Amount: $264,550
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $302,100
  • Market Land Value: $69,300
  • Market Improvement Value: $232,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,100
  • Assessed Land Value: $69,300
  • Assessed Improvements Value: $232,800

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Transaction ID: 11875267665
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: A1147478
  • Previous Sale Recording Date: May 31, 2017
  • Previous Sale Contract Date: May 26, 2017
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Dec 16, 2021
  • First Mortgage Loan Amount: $264,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: May 31, 2017
  • Previous Mortgage Loan Amount: $213,749
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Belle Plaine



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1181 Farmers Lane located in?
The 1181 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 1181 Farmers Lane?
The average sales price for units in 1181 Farmers Lane is $0 currently.

Quantcast