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42520 294th Lane

42520 294th Lane, Aitkin, MN 56431
Property in Farm Island
Sold Aug 28, 2020
$175,000
$157,500
Mortgage
Sold Dec 19, 2014
$126,500
42520 294th Lane has been categorized by the local assessors in Aitkin, MN as a residential type of property. The building on the property was first built in 1982 and is 42 years old. The home has a total of 2 bedrooms. In addition, 42520 294th Lane has 768 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 46,026 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 other control joints. Finally, the property is currently sourcing its water from a water system. The property was last sold in Aug 28, 2020 for $175,000. That's $227.86 per sqft. Prior to that sales transaction, the property was also sold in Dec 19, 2014 for $126,500. 42520 294th Lane was last assessed in 2023. The total value of the property was assessed at $246,400. Specifically, the land the property is located on was valued at $156,600. While improvements on the property were assessed at a total of $89,800. 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 $1,188. 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. 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: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 2
  • Construction Type: Other
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 46,026
  • Lot Size Depth Feet: 4,500
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 768
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HICKORY ACRES
  • Land Acres: 1.056
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 BLK 1

Ownership

  • Current Owner : LANGLEY WILLIAM WILLIAM
  • Previous Owner : MANKE DAVID DAVID

Neighborhood

  • School District Name: Aitkin Public School District
  • School Tax School District: AITKIN
  • Census Tract: 790503

Geography

  • Assessors Map Reference: MB 4
  • District: 7
  • Parcel: 07-1-145400
  • Block: 1
  • Lot: 6
  • Meridian: SEC 27 TWN 46 RNG 27
  • Municipality: FARM ISLAND TWP
  • Latitude: 46.4366
  • Longitude: -93.7379

    Address

  • Full Address: 42520 294th Ln
  • Address - House Number: 42520
  • Address - Street Name: 294th
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Aitkin
  • Zip Code: 56431

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,188

    Appraisal Valuation

  • Standard Deviation: 0.2641
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 62
  • Final Value: 250,701
  • High Value: 316,925
  • Low Value: 184,477

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,500
  • First Open Lien Mortgage Recording Date: Aug 28, 2020
  • First Open Lien Mortgage Loan Amount: $157,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $246,400
  • Market Land Value: $156,600
  • Market Improvement Value: $89,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,400
  • Assessed Land Value: $156,600
  • Assessed Improvements Value: $89,800

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Transaction ID: 11788792848
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 19, 2014
  • Previous Sale Contract Date: Dec 19, 2014
  • Previous Sale Amount: $126,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Aug 28, 2020
  • First Mortgage Loan Amount: $157,500

About Aitkin



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Frequently Asked Questions

What neighborhood is 42520 294th Lane located in?
The 42520 294th Lane is a located in the neighborhood of Farm Island in Aitkin, Aitkin.
What is the average sales price for listings in 42520 294th Lane?
The average sales price for units in 42520 294th Lane is $0 currently.

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