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1506 Washburn Avenue North

1506 Washburn Avenue North, Minneapolis, MN 55411
Property in Willard-Hay
Sold Oct 11, 2002
$218,000
$258,000 by Nationstar Mortgage Llc
Mortgage Due Oct 01, 2051
Sold Sep 30, 1999
$52,000
1506 Washburn Avenue North has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1926 and is 98 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1506 Washburn Avenue North has 2,240 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,900 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 10,019 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1506 Washburn Avenue North was last sold in Aug 28, 2002 for $218,000. According to our calculations, that's $97.32 per sqft. Prior to that sales transaction, the property was sold for $52,000 in Aug 3, 1999. Current property owners are expected to pay $5,060 in taxes per year. The property on 1506 Washburn Avenue North was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $367,000. To break that down further, the land itself was valued at $24,000. While improvements to the property were assessed at a total of $343,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,114
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 460
  • Total Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUDITORS SUBD. NO. 046
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 014 AUDITORS SUBD. NO. 046 SELY 46 FT OF NWLY 86 FT OF THAT PART OF LOT 14 LYING E OF WASHBURN AVE N EXCEPT ALLEY 46 X 190

Ownership

  • Current Owner : JOHNSON AMY J
  • Previous Owner : SIMMONS CHAD
  • Owner Before Previous Owner: ESTATE OF JOHNNY LEE JOHNSON
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 002700

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:06840
  • District: 01
  • Parcel: 17-029-24-43-0051
  • Lot: 14
  • Meridian: SEC 17 QTR 43 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9946
  • Longitude: -93.3169

    Address

  • Full Address: 1506 Washburn Ave N
  • Address - House Number: 1506
  • Street Segment Direction: N
  • Address - Street Name: Washburn
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C020
  • 4-Digit Zip Code: 2845
  • Zip Code: 55411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,060

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 367,180
  • High Value: 424,637
  • Low Value: 309,723

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $359,600
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 08, 2021
  • First Open Lien Mortgage Loan Amount: $258,000
  • 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, 2051
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 15, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $51,600
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 06, 2047
  • Third Open Lien Mortgage Lender: AFFINITY PLUS FEDERAL CREDIT U
  • Third Open Lien Mortgage Recording Date: Dec 09, 2022
  • Third Open Lien Mortgage Financing Type: unknown
  • Third Open Lien Mortgage Loan Amount: $50,000
  • Third Open Lien Mortgage Term: 117
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Oct 20, 2032

    Market Valuation

  • Market Total Value: $367,000
  • Market Land Value: $24,000
  • Market Improvement Value: $343,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $367,000
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $343,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 2002
  • Current Sale Recording Date: Oct 11, 2002
  • Current Sale Transaction ID: 1156176286
  • Current Sale Price: $218,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 808013
  • Previous Sale Recording Date: Sep 30, 1999
  • Previous Sale Contract Date: Aug 03, 1999
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 1506 Washburn Avenue North located in?
The 1506 Washburn Avenue North is a located in the neighborhood of Willard-Hay in Near North, Minneapolis.
What is the average sales price for listings in 1506 Washburn Avenue North?
The average sales price for units in 1506 Washburn Avenue North is $0 currently.

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