Check Availability

7038 Brenda Lane

7038 Brenda Lane, Montevideo, MN 56265
Property in Sparta
Sold Apr 24, 2020
$220,000
$176,000 by Co-op Credit Union
Mortgage Due May 01, 2025
7038 Brenda Lane has been categorized by the local assessors in Montevideo, MN as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The area measurement of the land has been determined as 33,541 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. 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, 7038 Brenda Lane sold most recently in Apr 20, 2020 for a total of $220,000. If you work out the math, that's approximately a cost of $135.47 per sqft. 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 $2,338 in taxes each year. 7038 Brenda Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $314,500. If we break it down further, the land itself was valued at $21,600. Improvements to the property, however, were assessed at a total of $292,900. 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: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,541
  • Total Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRYSIDE ESTATES
  • Land Acres: 0.77
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A TR IN NW 1-4 SE 1-4 BEG 237 FT S OF CEN OF SEC 12 TH E 326.71 FT TO PT OF BEG TH S 250 FT E 200.71 FT N 250 FT W 200.71 FT

Ownership

  • Current Owner : SMITH STANLEY G
  • Current Owner 2: SMITH SHARON L
  • Previous Owner : REFSLAND JACOB R
  • Previous Owner 2: REFSLAND SHIRLEY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montevideo Public School District
  • Census Tract: 950602

Geography

  • Account Number: 24131
  • District: 13
  • Parcel: 13-212-4230
  • Lot: 23
  • Meridian: SEC 12 TWN 117 RNG 41
  • Municipality: SPARTA TWP
  • Latitude: 44.9558
  • Longitude: -95.745

    Address

  • Full Address: 7038 Brenda Ln
  • Address - House Number: 7038
  • Address - Street Name: Brenda
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Montevideo
  • Carrier Code: R005
  • 4-Digit Zip Code: 3664
  • Zip Code: 56265

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,338

    Appraisal Valuation

  • Standard Deviation: 0.2694
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 61
  • Final Value: 322,889
  • High Value: 409,886
  • Low Value: 235,892

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,000
  • First Open Lien Mortgage Lender: CO-OP CREDIT UNION
  • First Open Lien Mortgage Recording Date: Apr 24, 2020
  • First Open Lien Mortgage Loan Amount: $176,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: May 01, 2025

    Market Valuation

  • Market Total Value: $314,500
  • Market Land Value: $21,600
  • Market Improvement Value: $292,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,500
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $292,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2020
  • Current Sale Recording Date: Apr 24, 2020
  • Current Sale Transaction ID: 11758079602
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A000306175

    Last Sale Mortgage

  • First Mortgage Lender: CO-OP CREDIT UNION
  • First Mortgage Transaction Date: Apr 24, 2020
  • First Mortgage Loan Amount: $176,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: May 01, 2025

About Chippewa



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7038 Brenda Lane located in?
The 7038 Brenda Lane is a located in the neighborhood of Sparta in Chippewa, Montevideo.
What is the average sales price for listings in 7038 Brenda Lane?
The average sales price for units in 7038 Brenda Lane is $0 currently.

Quantcast