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1613 Buchanan Street Northeast

1613 Buchanan Street Northeast, Minneapolis, MN 55413
Property in Northeast Park
Sold Oct 12, 2021
$350,000
$343,660 by United Wholesale Mortgage
Mortgage Due Nov 01, 2051
Sold Feb 24, 2005
$186,000
1613 Buchanan Street Northeast 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 1956 and is 68 years old. The home has a total of 5 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1613 Buchanan Street Northeast has 1,040 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 1,250 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,405 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 is one available parking space. 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 hip 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. 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, 1613 Buchanan Street Northeast sold most recently in Oct 1, 2021 for a total of $350,000. If you work out the math, that's approximately a cost of $336.54 per sqft. Before that, the property was also sold for $186,000 in Jan 31, 2005. 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 $4,399 in taxes each year. 1613 Buchanan Street Northeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $335,000. If we break it down further, the land itself was valued at $135,000. Improvements to the property, however, were assessed at a total of $200,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,040
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HONNETTES ADDN TO MPLS
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 007 HONNETTES ADDN TO MPLS N 20 FT OF LOT 9 AND S 40 FT OF LOT 10 60.00 X 125.00

Ownership

  • Current Owner : CASEY THOMAS
  • Current Owner 2: SMITH FINN MEGAN
  • Previous Owner : DICKSON MATTHEW A
  • Previous Owner 2: LARSON DICKSON CHRISTINA
  • Owner Before Previous Owner: LUND BARRY PHILLIP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 102600

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:01820
  • District: 01
  • Parcel: 13-029-24-21-0065
  • Block: 7
  • Lot: 9-10,60
  • Meridian: SEC 13 QTR 21 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 45.0047
  • Longitude: -93.2395

    Address

  • Full Address: 1613 Buchanan St Ne
  • Address - House Number: 1613
  • Street Segment Direction: NE
  • Address - Street Name: Buchanan
  • Address - Suffix Type: St
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 1608
  • Zip Code: 55413

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,399

    Appraisal Valuation

  • Standard Deviation: 0.1452
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 371,183
  • High Value: 425,099
  • Low Value: 317,267

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $343,660
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Loan Amount: $343,660
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $335,000
  • Market Land Value: $135,000
  • Market Improvement Value: $200,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $335,000
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $200,000

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11860140702
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A11029508
  • Previous Sale Recording Date: Feb 24, 2005
  • Previous Sale Contract Date: Jan 31, 2005
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $343,660
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 1613 Buchanan Street Northeast located in?
The 1613 Buchanan Street Northeast is a located in the neighborhood of Northeast Park in Northeast Minneapolis, Minneapolis.
What is the average sales price for listings in 1613 Buchanan Street Northeast?
The average sales price for units in 1613 Buchanan Street Northeast is $0 currently.

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