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2005 Archer Lane North

2005 Archer Lane North, Minneapolis, MN 55447
Property in Plymouth
Sold Oct 28, 2021
$510,000
$459,000 by Bell Bank
Mortgage Due Nov 01, 2051
Sold Aug 18, 2014
$385,000
$308,000
Mortgage
2005 Archer Lane North has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1985 and is 39 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2005 Archer Lane North has 1,576 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,290 ft and across the front of the lot is 1,920 ft. The area measurement of the land has been determined as 13,068 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 572 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a space/suspended heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Oct 14, 2021 for $510,000. That's $323.60 per sqft. Prior to that sales transaction, the property was also sold in Aug 18, 2014 for $385,000. 2005 Archer Lane North was last assessed in 2022. The total value of the property was assessed at $491,000. Specifically, the land the property is located on was valued at $180,000. While improvements on the property were assessed at a total of $311,000. 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 $5,516. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 678
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 1,920
  • Total Building Area: 1,576
  • Gross Building Area: 2,254
  • Building Area: 1,576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 1,576
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STEEPLECHASE
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 006 004 STEEPLECHASE S 192X129X41X110

Ownership

  • Current Owner : KERANEN AMY
  • Previous Owner : FALCONER SEANNE
  • Previous Owner 2: FALCONER JAMES
  • Owner Before Previous Owner: KIETZER DANIEL DANIEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayzata Public School District
  • School Tax School District: WAYZATA
  • Census Tract: 026611

Geography

  • Assessors Map Reference: MB:02365
  • District: 40
  • Parcel: 29-118-22-13-0048
  • Block: 4
  • Lot: 6
  • Meridian: SEC 29 QTR 13 TWN 118 RNG 22
  • Municipality: PLYMOUTH
  • Latitude: 45.0007
  • Longitude: -93.4899

    Address

  • Full Address: 2005 Archer Ln N
  • Address - House Number: 2005
  • Street Segment Direction: N
  • Address - Street Name: Archer
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C014
  • 4-Digit Zip Code: 2323
  • Zip Code: 55447

Valuation

    Tax

  • Total Area: 2,454
  • Tax Year: 2023
  • Tax Amount: $5,516

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 526,369
  • High Value: 612,253
  • Low Value: 440,486

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $459,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Oct 28, 2021
  • First Open Lien Mortgage Loan Amount: $459,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $491,000
  • Market Land Value: $180,000
  • Market Improvement Value: $311,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $491,000
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $311,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 14, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Transaction ID: 11864374528
  • Current Sale Price: $510,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05891796
  • Previous Sale Recording Date: Aug 18, 2014
  • Previous Sale Contract Date: Aug 18, 2014
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Oct 28, 2021
  • First Mortgage Loan Amount: $459,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Transaction Date: Aug 18, 2014
  • Previous Mortgage Loan Amount: $308,000

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2005 Archer Lane North located in?
The 2005 Archer Lane North is a located in the neighborhood of Plymouth in Plymouth - Wayzata, Minneapolis.
What is the average sales price for listings in 2005 Archer Lane North?
The average sales price for units in 2005 Archer Lane North is $0 currently.

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