$272,500
Medina, MN 55340
MLS# 6445028
Status: Closed
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Property Description
Fantastic opportunity to purchase a spacious 4 stall unit with loft at the high demand, sold out Medina Automotorplex development. The unit is located in Phase 1 of the development and is listed well below the last unit sold in Phase 3 of the development. Keep your cars and toys together while enjoying a community of auto enthusiasts while have the option to partake in car shows, rallies, and a host of other events. This particular unit is sheet rocked and ready for you to put your own style and theme in place. This offering is for a car/garage condominium unit which has a required association yearly assessment to pay for water/sewer, grounds maintenance, outside building maintenance, trash removal (dumpsters), and hazard insurance. The annual fee for the unit in 2023 was $1819.27 There is a rough in for an optional bathroom in the unit as well.
Details
Documents
None
MLSID: RMLS
Contract Information
Digitally Altered Photos: No
Status: Closed
Off Market Date: 2024-03-23
Current Price: $272,500
Closed Date: 2024-05-01
Sales Close Price: 272500
Contingency: None
ListPrice: 299000
List Date: 2023-10-07
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 2017
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 800
Garage Stalls: 4
For Sale or Lease: For Sale
Acres: 1.78
Lot Dimensions: 40x25
Location, Tax and Other Information
Legal Description: CIC NO 2067 MEDINA MOTORPLEX A CONDO UNIT NO 36407
Listing City: Medina
Map Page: 89
Municipality: Medina
Rental License?: No
School District Phone: 763-745-5000
House Number: 3640
Street Name: Arrowhead
Street Suffix: Drive
Postal City: Medina
County: Hennepin
State: MN
Zip Code: 55340
Zip Plus 4: 3028
Property ID Number: 1111823230024
Complex/Dev/Subdivision: Cic 2067 Medina Motorplex A Condo
Tax Year: 2023
Tax Amount: 2197
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Fantastic opportunity to purchase a spacious 4 stall unit with loft at the high demand, sold out Medina Automotorplex development. The unit is located in Phase 1 of the development and is listed well below the last unit sold in Phase 3 of the development. Keep your cars and toys together while enjoying a community of auto enthusiasts while have the option to partake in car shows, rallies, and a host of other events. This particular unit is sheet rocked and ready for you to put your own style and theme in place. This offering is for a car/garage condominium unit which has a required association yearly assessment to pay for water/sewer, grounds maintenance, outside building maintenance, trash removal (dumpsters), and hazard insurance. The annual fee for the unit in 2023 was $1819.27 There is a rough in for an optional bathroom in the unit as well.
Directions: Highway 55 West to Arrowhead Dr South to development on left. Turn left at 1st driveway entrance follow to property
Assessments
Tax With Assessments: 2197
Basement
Foundation Dimensions: 40x25
Building Information
Building Finished SqFt: 1400
Building SqFt: 1400
Ceiling Height: 16-20
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 40x25
Public Survey Info
Range#: 23
Section#: 11
Township#: 118
Sale Options
Sale Includes: Other
Unit 1
Unit Number: 1
Leased?: No
Unit 2
Leased?: No
Unit Number: 2
Unit 3
Leased?: No
Unit Number: 3
Unit 4
Leased?: No
Unit Number: 4
Unit Details
Total Units: 4
Property Features
Accessible: None
Amenities Shared: Fire Sprinkler System; Other
Assumable Loan: Not Assumable
Basement: None
CMU Style: Common Wall; Other
Construction Materials: Frame
Construction Status: Previously Owned
Current Use: Storage Facility
Exterior: Cement Board
Financing Terms: Cash
Flooring: Concrete Slab; Floor Drains
Fuel: Electric
Heating: In-Floor Heating; Radiant
Loan Terms: Cash; Conventional
Location Description: Industrial Park
Lock Box Type: Supra
Lot Description: Tree Coverage - Light
Miscellaneous Information: Auto Bay; Delivery Door; Display Window
On Site Utilities: Electric Separate
Overhead Door Clearance: 10-14 Feet
Owner Pays: Electricity; Other
Parking Characteristics: Parking Garage; Attached Garage; Driveway - Asphalt; Driveway - Shared; Garage Door Opener; Storage
Road Frontage: Private Road
Road Responsibility: Association Maintained Road
Roof: Age 8 Years or Less
Sewer: City Sewer/Connected
Tenant Pays: Electricity
Topography: Level
Wall Description: Drywall
Water: City Water/Connected
Window Features: Double Pane Windows
Meth Disclosures - 3640 Arrowhead Dr #36 
Listing Office: Coldwell Banker Realty
Last Updated: May - 02 - 2024
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.