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1816 Golden Valley Road

1816 Golden Valley Road, Minneapolis, MN 55411
Multifamily in Willard-Hay
1816 Golden Valley Road 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 1915 and is 109 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1816 Golden Valley Road has 2,244 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 1,290 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,227 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 3 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 stucco. In terms of heating, it is utilizing a forced air unit. 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, 1816 Golden Valley Road was last sold in May 28, 2021 for $325,000. According to our calculations, that's $144.83 per sqft. Current property owners are expected to pay $4,962 in taxes per year. The property on 1816 Golden Valley Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $299,000. To break that down further, the land itself was valued at $12,000. While improvements to the property were assessed at a total of $287,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Stucco Exterior

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210409
04/09/2021
15 Bed
-
2242 ft²
$349,900
bedrooms
15 Bed
bathrooms
-
square feet
2242 ft²
$325,000 -7.12%
06/04/2021
-
David Bichanga

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,122
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,244
  • Gross Building Area: 2,244
  • Building Area: 2,244
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,244
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST HEIGHTS
  • Land Acres: 0.12
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 027 FOREST HEIGHTS W 40 FEET OF E 80 FEET OF LOTS 8, 9 AND 10 40.00 X 129.00

Ownership

  • Current Owner : 1816 GOLDEN VALLEY ROAD LLC
  • Previous Owner : LM12 PROPERTY MANAGEMENT LLC
  • Owner Before Previous Owner: VANG LONG
  • Owner Before Previous Owner 2: YANG MAI XIONG
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 102800

Zoning

  • Zoning: R2B

Geography

  • Assessors Map Reference: MB:07240
  • District: 01
  • Parcel: 16-029-24-23-0197
  • Block: 27
  • Lot: 8-9
  • Meridian: SEC 16 QTR 23 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.999
  • Longitude: -93.3041

    Address

  • Full Address: 1816 Golden Valley Rd
  • Address - House Number: 1816
  • Address - Street Name: Golden Valley
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 3145
  • Zip Code: 55411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,962

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 325,373
  • High Value: 382,023
  • Low Value: 268,723

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: SCALE BANK
  • First Open Lien Mortgage Recording Date: Mar 04, 2024
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2034

    Market Valuation

  • Market Total Value: $299,000
  • Market Land Value: $12,000
  • Market Improvement Value: $287,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $299,000
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $287,000

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Transaction ID: 11840821582
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10971680
  • Previous Sale Recording Date: Mar 14, 2013
  • Previous Sale Contract Date: Mar 13, 2013
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK
  • First Mortgage Transaction Date: Jun 04, 2021
  • First Mortgage Loan Amount: $243,750
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 10, 2031

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Frequently Asked Questions

What neighborhood is 1816 Golden Valley Road located in?
The 1816 Golden Valley Road is a multifamily located in the neighborhood of Willard-Hay in Near North, Minneapolis.
What is the average sales price for listings in 1816 Golden Valley Road?
The average sales price for units in 1816 Golden Valley Road is $349,900 , or $156/sqft. currently.

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