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1119 Main Street Northeast

1119 Main Street Northeast, Minneapolis, MN 55413
Property in Sheridan
Sold Oct 11, 2016
$245,000
$183,750 by Rubicon Mortgage Advisors Llc
Mortgage Due Oct 01, 2046
Sold May 10, 2010
$163,900
Local assessors in Minneapolis, MN have categorized 1119 Main Street Northeast as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 4,792 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 355 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 2 partial bathrooms. 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 1119 Main Street Northeast has a total of 2,142 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. 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 gable style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source. 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, 1119 Main Street Northeast sold most recently in Sep 26, 2016 for a total of $245,000. If you work out the math, that's approximately a cost of $114.38 per sqft. Before that, the property was also sold for $163,900 in Apr 30, 2010. 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 $6,302 in taxes each year. 1119 Main Street Northeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $405,000. If we break it down further, the land itself was valued at $92,000. Improvements to the property, however, were assessed at a total of $313,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1900
  • Effective Year Built: 1900
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,071
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 355
  • Total Building Area: 2,142
  • Gross Building Area: 2,142
  • Building Area: 2,142
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,142
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARSHALLS ADDN TO ST ANTHONY
  • Land Acres: 0.11
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 013 MARSHALLS ADDN TO ST ANTHONY N 35 5/10 FT OF S 85 5/10 FT OF LOTS 4 AND 5 35.50 X 132.00

Ownership

  • Current Owner : CLAYDON RICHARD
  • Current Owner 2: CLAYDON WENDY
  • Previous Owner : SUNDT JOSEPH D
  • Owner Before Previous Owner: MAIN PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 002400

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: MB:02460
  • District: 01
  • Parcel: 14-029-24-23-0128
  • Block: 13
  • Lot: 4-5
  • Meridian: SEC 14 QTR 23 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9995
  • Longitude: -93.2674

    Address

  • Full Address: 1119 Main St Ne
  • Address - House Number: 1119
  • Street Segment Direction: NE
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C001
  • 4-Digit Zip Code: 1142
  • Zip Code: 55413

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,302

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 387,272
  • High Value: 454,131
  • Low Value: 320,414

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,750
  • First Open Lien Mortgage Lender: RUBICON MORTGAGE ADVISORS LLC
  • First Open Lien Mortgage Recording Date: Oct 11, 2016
  • First Open Lien Mortgage Loan Amount: $183,750
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $405,000
  • Market Land Value: $92,000
  • Market Improvement Value: $313,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $405,000
  • Assessed Land Value: $92,000
  • Assessed Improvements Value: $313,000

    Sales

  • Current Sale Contract Date: Sep 26, 2016
  • Current Sale Recording Date: Oct 11, 2016
  • Current Sale Transaction ID: 1864457458
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10367862
  • Previous Sale Recording Date: May 10, 2010
  • Previous Sale Contract Date: Apr 30, 2010
  • Previous Sale Amount: $163,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUBICON MORTGAGE ADVISORS LLC
  • First Mortgage Transaction Date: Oct 11, 2016
  • First Mortgage Loan Amount: $183,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

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Frequently Asked Questions

What neighborhood is 1119 Main Street Northeast located in?
The 1119 Main Street Northeast is a located in the neighborhood of Sheridan in Northeast Minneapolis, Minneapolis.
What is the average sales price for listings in 1119 Main Street Northeast?
The average sales price for units in 1119 Main Street Northeast is $0 currently.

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