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1643 Hollywood Avenue Northeast

1643 Hollywood Avenue Northeast, Minneapolis, MN 55418
Property in Water Park
Sold Dec 17, 2019
$225,000
$220,924 by Prosperity Home Mortgage Llc
Mortgage Due Jan 01, 2050
Sold Nov 20, 2009
$195,000
1643 Hollywood Avenue 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 1952 and is 72 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1643 Hollywood Avenue Northeast has 1,212 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 1,850 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 10,890 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 D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood. 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. 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, 1643 Hollywood Avenue Northeast sold most recently in Dec 3, 2019 for a total of $225,000. If you work out the math, that's approximately a cost of $185.64 per sqft. Before that, the property was also sold for $195,000 in Nov 9, 2009. 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 $3,499 in taxes each year. 1643 Hollywood Avenue Northeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $249,000. If we break it down further, the land itself was valued at $86,000. Improvements to the property, however, were assessed at a total of $163,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1952
  • Effective Year Built: 1952
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,212
  • Building Area: 1,212
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,212
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK HILL PARK
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 017 002 OAK HILL PARK 60.00 X 185.00

Ownership

  • Current Owner : GROETTUM AMANDA M
  • Previous Owner : LEAHY SARAH A
  • Previous Owner 2: LEAHY DAMON J
  • Owner Before Previous Owner: BENBOW THOMAS K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 000603

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:03230
  • District: 01
  • Parcel: 01-029-24-12-0053
  • Block: 2
  • Lot: 17
  • Meridian: SEC 01 QTR 12 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 45.0347
  • Longitude: -93.2352

    Address

  • Full Address: 1643 Hollywood Ave Ne
  • Address - House Number: 1643
  • Street Segment Direction: NE
  • Address - Street Name: Hollywood
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C020
  • 4-Digit Zip Code: 1440
  • Zip Code: 55418

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,499

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 276,937
  • High Value: 319,700
  • Low Value: 234,174

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $441,848
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 17, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $220,924
  • 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: Jan 01, 2050
  • Second Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE
  • Second Open Lien Mortgage Recording Date: Dec 17, 2019
  • Second Open Lien Mortgage Loan Amount: $220,924
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $249,000
  • Market Land Value: $86,000
  • Market Improvement Value: $163,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $249,000
  • Assessed Land Value: $86,000
  • Assessed Improvements Value: $163,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 03, 2019
  • Current Sale Recording Date: Dec 17, 2019
  • Current Sale Transaction ID: 11710624575
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05671050
  • Previous Sale Recording Date: Nov 20, 2009
  • Previous Sale Contract Date: Nov 09, 2009
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 17, 2019
  • First Mortgage Loan Amount: $220,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050
  • Second Mortgage Lender: PROSPERITY HOME MORTGAGE
  • Second Mortgage Transaction Date: Dec 17, 2019
  • Second Mortgage Loan Amount: $220,924
  • Second Mortgage Terms: 120
  • Second Mortgage Loan Type: Stand Alone Second
  • Second Mortgage Loan Due Date: Jan 01, 2030

    Financing

  • First Mortgage Financing Type: Unknown

About Northeast Minneapolis



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Frequently Asked Questions

What neighborhood is 1643 Hollywood Avenue Northeast located in?
The 1643 Hollywood Avenue Northeast is a located in the neighborhood of Water Park in Northeast Minneapolis, Minneapolis.
What is the average sales price for listings in 1643 Hollywood Avenue Northeast?
The average sales price for units in 1643 Hollywood Avenue Northeast is $0 currently.

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