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7906 Bailey Drive

7906 Bailey Drive, Eden Prairie, MN 55347
Townhouse in Eden Prairie
Sold Dec 21, 2020
$440,000
$440,000 by Bell Bank
Mortgage Due Jan 01, 2051
Sold Mar 31, 2006
$399,900
Local assessors in Eden Prairie, MN have categorized 7906 Bailey Drive as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 5,663 square feet. The linear feet between the front and back of the lot was measured at 990 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 3 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 3 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 7906 Bailey Drive has a total of 1,482 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 attached garage for those who need a place to park their vehicle. The garage on the property is 760 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. 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. The building has a hip style roof that was made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. 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 floor/wall heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7906 Bailey Drive sold most recently in Nov 25, 2020 for a total of $440,000. If you work out the math, that's approximately a cost of $296.90 per sqft. Before that, the property was also sold for $399,900 in Mar 16, 2006. 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 $2,612 in taxes each year. 7906 Bailey Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $492,700. If we break it down further, the land itself was valued at $158,600. Improvements to the property, however, were assessed at a total of $334,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Brick Exterior
Stone Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 895
  • Garage Type: Attached
  • Garage Square Area: 760
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,482
  • Gross Building Area: 2,377
  • Building Area: 1,482
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,482
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAS AT MITCHELL LAKE
  • Land Acres: 0.13
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: 007 001 VILLAS AT MITCHELL LAKE E 50X99X60X133

Ownership

  • Current Owner : WILHOITE VAN
  • Previous Owner : DORST DANIEL N
  • Previous Owner 2: DORST MICHELE F
  • Owner Before Previous Owner: PAUL JAMES E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Eden Prairie Public School District
  • School Tax School District: EDEN PRAIRIE
  • Census Tract: 026021

Zoning

  • Zoning: R195

Geography

  • Assessors Map Reference: MB:06408
  • District: 61
  • Parcel: 08-116-22-33-0062
  • Block: 1
  • Lot: 7
  • Meridian: SEC 08 QTR 33 TWN 116 RNG 22
  • Municipality: EDEN PRAIRIE
  • Latitude: 44.8622
  • Longitude: -93.4994

    Address

  • Full Address: 7906 Bailey Dr
  • Address - House Number: 7906
  • Address - Street Name: Bailey
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Eden Prairie
  • Carrier Code: C002
  • 4-Digit Zip Code: 1176
  • Zip Code: 55347

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,612

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 527,106
  • High Value: 612,078
  • Low Value: 442,134

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $880,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Loan Amount: $440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051
  • Second Open Lien Mortgage Loan Amount: $440,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $492,700
  • Market Land Value: $158,600
  • Market Improvement Value: $334,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $492,700
  • Assessed Land Value: $158,600
  • Assessed Improvements Value: $334,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11812050239
  • Current Sale Price: $440,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: T05783762
  • Previous Sale Recording Date: Mar 31, 2006
  • Previous Sale Contract Date: Mar 16, 2006
  • Previous Sale Amount: $399,900
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2051

About Eden Prairie



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Frequently Asked Questions

What neighborhood is 7906 Bailey Drive located in?
The 7906 Bailey Drive is a townhouse located in the neighborhood of Eden Prairie in Eden Prairie, Eden Prairie.
What is the average sales price for listings in 7906 Bailey Drive?
The average sales price for units in 7906 Bailey Drive is $0 currently.

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