1001 Lowry Avenue North

Local assessors in Minneapolis, MN have categorized 1001 Lowry Avenue North as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 10,019 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 800 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1001 Lowry Avenue North has a total of 6,392 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 mixed used garage for those who need a place to park their vehicle. There are 4 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a flat style roof that was made of tar and gravel. Lots of brick were used in the construction of the exterior walls of the home. The home's a steam heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1001 Lowry Avenue North was last sold in Sep 14, 2023 for $1,070,000. According to our calculations, that's $167.40 per sqft. Prior to that sales transaction, the property was sold for $850,000 in Jun 30, 2021. Current property owners are expected to pay $13,116 in taxes per year. The property on 1001 Lowry Avenue North was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $804,000. To break that down further, the land itself was valued at $67,200. While improvements to the property were assessed at a total of $736,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.