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5937 Chippewa Trail

5937 Chippewa Trail, North Branch, MN 55056
Property in North Branch
Sold Oct 25, 2016
$233,500
$235,858 by First Option Mortgage Llc
Mortgage Due Nov 01, 2046
Sold Aug 10, 2009
$130,000
5937 Chippewa Trail has been categorized by the local assessors in North Branch, MN as a residential type of property. The building on the property was first built in 1971 and is 53 years old. However, we must point out that the home was most recently renovated and altered in 1997. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 5937 Chippewa Trail has 1,668 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 47,480 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. The building has a gable or hip style roof made of composition shingle. 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 central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5937 Chippewa Trail sold most recently in Oct 13, 2016 for a total of $233,500. If you work out the math, that's approximately a cost of $139.99 per sqft. Before that, the property was also sold for $130,000 in Jun 24, 2009. 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 $4,154 in taxes each year. 5937 Chippewa Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $320,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. 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: 1997
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 1,668
  • Gross Building Area: 3,488
  • Building Area: 1,668
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,668
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWOOD
  • Land Acres: 1.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME NORTHWOOD LOT 003 BLOCK 002 SUBDIVISIONCD 11150

Ownership

  • Current Owner : SPIESS THOMAS
  • Current Owner 2: SPIESS TANYA
  • Previous Owner : ANDERSON JACOB E
  • Previous Owner 2: ANDERSON KERI
  • Owner Before Previous Owner: JPMORGAN CHASE BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Branch Public Schools
  • School Tax School District: DIST 138
  • School Tax District Code 2: COMFORT/FOREST
  • Census Tract: 110301

Zoning

  • Zoning: R1

Geography

  • Account Number: 3365548
  • District: 11
  • Parcel: 11-00908-00
  • Block: 2
  • Lot: 3
  • Meridian: SEC 17 TWN 035 RNG 021
  • Municipality: NORTH BRANCH
  • Latitude: 45.5231
  • Longitude: -92.9883

    Address

  • Full Address: 5937 Chippewa Trl
  • Address - House Number: 5937
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Trl
  • State: MN
  • City Name: North Branch
  • Carrier Code: R003
  • 4-Digit Zip Code: 6954
  • Zip Code: 55056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,154

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 378,599
  • High Value: 437,575
  • Low Value: 319,622

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,858
  • First Open Lien Mortgage Lender: FIRST OPTION MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 25, 2016
  • First Open Lien Mortgage Loan Amount: $235,858
  • 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, 2046

    Market Valuation

  • Market Total Value: $328,500
  • Market Land Value: $58,000
  • Market Improvement Value: $270,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $320,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2016
  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Transaction ID: 1972103719
  • Current Sale Price: $233,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A593138
  • Previous Sale Recording Date: Aug 10, 2009
  • Previous Sale Contract Date: Jun 24, 2009
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: FIRST OPTION MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 25, 2016
  • First Mortgage Loan Amount: $235,858
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

About North Branch



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Frequently Asked Questions

What neighborhood is 5937 Chippewa Trail located in?
The 5937 Chippewa Trail is a located in the neighborhood of North Branch in North Branch, North Branch.
What is the average sales price for listings in 5937 Chippewa Trail?
The average sales price for units in 5937 Chippewa Trail is $0 currently.

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