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3950 Lake Sarah Road

3950 Lake Sarah Road, Maple Plain, MN 55359
Sold Dec 13, 2017
$533,000
$474,000 by Megastar Financial Corp
Mortgage Due Jul 01, 2050
Sold Jun 28, 2011
$184,000
Local assessors in Maple Plain, MN have categorized 3950 Lake Sarah Road as a residential type of property. The home was built in 1998 and is 26 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 309,712 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3950 Lake Sarah Road has a total of 2,000 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 2,226 sqft. There are 12 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a patio so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 metal 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. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a space/suspended heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3950 Lake Sarah Road was last sold in Dec 8, 2017 for $533,000. According to our calculations, that's $266.50 per sqft. Prior to that sales transaction, the property was sold for $184,000 in Jun 23, 2011. Current property owners are expected to pay $8,215 in taxes per year. The property on 3950 Lake Sarah Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $629,000. To break that down further, the land itself was valued at $160,000. While improvements to the property were assessed at a total of $469,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2000
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 1,600
  • Garage Type: Detached
  • Garage Square Area: 2,226
  • Parking Space Count: 12
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 309,712
  • Total Building Area: 2,000
  • Gross Building Area: 3,600
  • Building Area: 2,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 2,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLEASANT VISTA
  • Land Acres: 7.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 001 001 PLEASANT VISTA IRREGULAR

Ownership

  • Current Owner : ELLA DAVID
  • Current Owner 2: ELLA RACHAEL
  • Previous Owner : PORTER MARK T
  • Previous Owner 2: PORTER JODI L
  • Owner Before Previous Owner: TURNER WILLIAM D
  • Owner Before Previous Owner 2: TURNER CAMILLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Delano Public School District
  • School Tax School District: DELANO
  • Census Tract: 027002

Geography

  • Assessors Map Reference: MB:05965
  • District: 70
  • Parcel: 10-118-24-21-0005
  • Block: 1
  • Lot: 1
  • Meridian: SEC 10 QTR 21 TWN 118 RNG 24
  • Municipality: INDEPENDENCE
  • Latitude: 45.0501
  • Longitude: -93.7012

    Address

  • Full Address: 3950 Lake Sarah Rd
  • Address - House Number: 3950
  • Address - Street Name: Lake Sarah
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Maple Plain
  • Carrier Code: R001
  • 4-Digit Zip Code: 9746
  • Zip Code: 55359

Valuation

    Tax

  • Total Area: 4,000
  • Tax Year: 2023
  • Tax Amount: $8,215

    Appraisal Valuation

  • Standard Deviation: 0.1441
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 726,188
  • High Value: 830,844
  • Low Value: 621,532

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $474,000
  • First Open Lien Mortgage Lender: MEGASTAR FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jun 23, 2020
  • First Open Lien Mortgage Loan Amount: $474,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $629,000
  • Market Land Value: $160,000
  • Market Improvement Value: $469,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $629,000
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $469,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 08, 2017
  • Current Sale Recording Date: Dec 13, 2017
  • Current Sale Transaction ID: 11339081138
  • Current Sale Price: $533,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10511067
  • Previous Sale Recording Date: Jun 28, 2011
  • Previous Sale Contract Date: Jun 23, 2011
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUSTONE FINANCIAL FCU
  • First Mortgage Transaction Date: Dec 13, 2017
  • First Mortgage Loan Amount: $55,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Independence



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Frequently Asked Questions

What neighborhood is 3950 Lake Sarah Road located in?
The 3950 Lake Sarah Road is a house located in the neighborhood of Independence in Independence, Maple Plain.
What is the average sales price for listings in 3950 Lake Sarah Road?
The average sales price for units in 3950 Lake Sarah Road is $0 currently.

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