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12510 Madison Street Northeast

12510 Madison Street Northeast, Minneapolis, MN 55434
Property in Blaine
Sold Jul 14, 2021
$300,000
$270,000 by Guidance Residential Llc
Mortgage Due Jul 01, 2051
Sold Jun 21, 2017
$205,151
$198,850 by Bay Equity Llc
Mortgage Due Jul 01, 2047
Local assessors in Minneapolis, MN have categorized 12510 Madison Street Northeast as a residential type of property. The home was built in 1982 and is 42 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 15,686 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 12510 Madison Street Northeast has a total of 1,008 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 tuck under garage for those who need a place to park their vehicle. 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. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit 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, 12510 Madison Street Northeast was last sold in Jun 30, 2021 for $300,000. According to our calculations, that's $297.62 per sqft. Prior to that sales transaction, the property was sold for $205,151 in Jun 9, 2017. Current property owners are expected to pay $3,078 in taxes per year. The property on 12510 Madison Street Northeast was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $317,000. To break that down further, the land itself was valued at $108,200. While improvements to the property were assessed at a total of $208,800. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1987
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Wood
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Tuckunder
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,686
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LUNDS MEADOWBROOK 2ND ADD
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LUNDS MEADOWBROOK 2ND ADDITION LOT 2 BLK 1 LUNDS MEADOWBROOK 2ND ADD(SUBJ TO EASE AS SHOWN ON PLAT)

Ownership

  • Current Owner : ALQAYSI ABDULNASER
  • Current Owner 2: ALAZZAWI AZHAR
  • Previous Owner : STONE JEFFREY
  • Previous Owner 2: RORMAN ALICIA
  • Owner Before Previous Owner: NEUBECK RICHARD J
  • Owner Before Previous Owner 2: NEUBECK MARY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anoka-Hennepin Public School District
  • Census Tract: 050823

Geography

  • Assessors Map Reference: 16834
  • Parcel: 06-31-23-43-0044
  • Block: 1
  • Lot: 2
  • Meridian: SEC 06 TWN 31N RNG 23W
  • Municipality: BLAINE
  • Latitude: 45.1984
  • Longitude: -93.254

    Address

  • Full Address: 12510 Madison St Ne
  • Address - House Number: 12510
  • Street Segment Direction: NE
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 3173
  • Zip Code: 55434

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,078

    Appraisal Valuation

  • Standard Deviation: 0.1266
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 85
  • Final Value: 341,736
  • High Value: 385,010
  • Low Value: 298,461

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $540,000
  • First Open Lien Mortgage Lender: GUIDANCE RESIDENTIAL LLC
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Loan Amount: $270,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051
  • Second Open Lien Mortgage Loan Amount: $270,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $317,000
  • Market Land Value: $108,200
  • Market Improvement Value: $208,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $317,000
  • Assessed Land Value: $108,200
  • Assessed Improvements Value: $208,800

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11849738363
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T590570.001
  • Previous Sale Recording Date: Jun 21, 2017
  • Previous Sale Contract Date: Jun 09, 2017
  • Previous Sale Amount: $205,151
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUIDANCE RESIDENTIAL LLC
  • First Mortgage Transaction Date: Jul 14, 2021
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BAY EQUITY LLC
  • Previous Mortgage Transaction Date: Jun 21, 2017
  • Previous Mortgage Loan Amount: $198,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Blaine



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Frequently Asked Questions

What neighborhood is 12510 Madison Street Northeast located in?
The 12510 Madison Street Northeast is a located in the neighborhood of Blaine in Blaine, Minneapolis.
What is the average sales price for listings in 12510 Madison Street Northeast?
The average sales price for units in 12510 Madison Street Northeast is $0 currently.

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