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16011 Cambridge Circle

16011 Cambridge Circle, Prior Lake, MN 55372
Property in Prior Lake
Sold Oct 03, 2016
$235,000
$207,061 by Bell Bank
Mortgage Due Oct 01, 2046
Sold Nov 28, 2012
$165,500
16011 Cambridge Circle in Prior Lake, MN was first built in 1971 and is 53 years old. Although, the building on the property was most recently renovated and altered in 1990. 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. It is a single story home. There are a total of 1 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 16011 Cambridge Circle has 906 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 906 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 10,019 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 440 sqft. There are a total of 2 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 wood siding. 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. 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, 16011 Cambridge Circle sold most recently in Sep 29, 2016 for a total of $235,000. If you work out the math, that's approximately a cost of $259.38 per sqft. Before that, the property was also sold for $165,500 in Nov 16, 2012. 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 $2,772 in taxes each year. 16011 Cambridge Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $282,100. If we break it down further, the land itself was valued at $136,900. Improvements to the property, however, were assessed at a total of $145,200. 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: 1971
  • Effective Year Built: 1990
  • Total Rooms: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Quality: D
  • Building Style: Split foyer
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 906
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 906
  • Gross Building Area: 2,246
  • Building Area: 906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 906
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRIOR ACRES 2ND ADDN
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME PRIOR ACRES 2ND ADDN LOT 001 BLOCK 002 SUBDIVISIONCD 25009

Ownership

  • Current Owner : WEBER MICHAEL J
  • Current Owner 2: WEBER NICOLE P
  • Previous Owner : SCHUMACHER SETH G
  • Previous Owner 2: SCHUMACHER CAITLIN
  • Owner Before Previous Owner: BUMANN RYAN D
  • Owner Before Previous Owner 2: BUMANN REGINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prior Lake-Savage Area Schools
  • School Tax School District: PRIOR LAKE
  • School Tax District Code 2: CTY-PRIOR LAKE
  • School Tax District Code 3: SPRNGLAKE WS
  • Census Tract: 080906

Geography

  • Assessors Map Reference: PM 25009
  • District: 0800
  • Parcel: 25-009003-0
  • Block: 002
  • Lot: 001
  • Municipality: CITY OF PRIOR LAKE
  • Latitude: 44.717
  • Longitude: -93.4311

    Address

  • Full Address: 16011 Cambridge Cir Se
  • Address - House Number: 16011
  • Street Segment Direction: SE
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Cir
  • State: MN
  • City Name: Prior Lake
  • Carrier Code: R020
  • 4-Digit Zip Code: 1708
  • Zip Code: 55372

Valuation

    Tax

  • Total Area: 1,230
  • Tax Year: 2023
  • Tax Amount: $2,772
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 357,555
  • High Value: 429,798
  • Low Value: 285,313

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $242,061
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Oct 03, 2016
  • First Open Lien Mortgage Loan Amount: $207,061
  • 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: Oct 01, 2046
  • Second Open Lien Mortgage Lender: WINGS FINANCIAL CU
  • Second Open Lien Mortgage Recording Date: Oct 29, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $35,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $282,100
  • Market Land Value: $136,900
  • Market Improvement Value: $145,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,100
  • Assessed Land Value: $136,900
  • Assessed Improvements Value: $145,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2016
  • Current Sale Recording Date: Oct 03, 2016
  • Current Sale Transaction ID: 1865771418
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 241765
  • Previous Sale Recording Date: Nov 28, 2012
  • Previous Sale Contract Date: Nov 16, 2012
  • Previous Sale Amount: $165,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Oct 03, 2016
  • First Mortgage Loan Amount: $207,061
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2046

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 16011 Cambridge Circle located in?
The 16011 Cambridge Circle is a located in the neighborhood of Prior Lake in Prior Lake, Prior Lake.
What is the average sales price for listings in 16011 Cambridge Circle?
The average sales price for units in 16011 Cambridge Circle is $0 currently.

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