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2020 Florida Avenue South

2020 Florida Avenue South, Minneapolis, MN 55426
Property in Eliot
Sold May 21, 2021
$319,500
$309,915 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2051
Sold Jan 26, 2021
$200,000
$5,500,000 by Sunrise Banks Na
Mortgage
2020 Florida Avenue South 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 1942 and is 82 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 2020 Florida Avenue South has 1,206 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 1,320 ft and across the front of the lot is 260 ft. The area measurement of the land has been determined as 5,663 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 attached garage for those who require parking. The garage measured 220 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of metal. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with electricity. 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, 2020 Florida Avenue South sold most recently in May 21, 2021 for a total of $319,500. If you work out the math, that's approximately a cost of $264.93 per sqft. Before that, the property was also sold for $200,000 in Nov 30, 2020. 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 $4,097 in taxes each year. 2020 Florida Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $320,700. If we break it down further, the land itself was valued at $131,300. Improvements to the property, however, were assessed at a total of $189,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1942
  • Effective Year Built: 2000
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Metal
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 163
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 260
  • Total Building Area: 1,206
  • Gross Building Area: 1,369
  • Building Area: 1,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,206
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUPREME PARK 1ST DIV ST LOUIS PARK
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 004 003 SUPREME PARK 1ST DIV ST LOUIS PARK INCL ADJ 1/2 OF VAC ALLEY S 26X132X70X120

Ownership

  • Current Owner : SCHULTZE JORDAN D
  • Previous Owner : MS RELOCATION SERVICES INCORPORATED
  • Owner Before Previous Owner: NELSON G MAYNARD G
  • Owner Before Previous Owner 2: NELSON GEORGE MAYNARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: St. Louis Park Public School District
  • School Tax School District: ST LOUIS PARK
  • Census Tract: 022101

Geography

  • Assessors Map Reference: MB:52180
  • District: 46
  • Parcel: 08-117-21-11-0060
  • Block: 3
  • Lot: 4
  • Meridian: SEC 08 QTR 11 TWN 117 RNG 21
  • Municipality: ST. LOUIS PARK
  • Latitude: 44.9633
  • Longitude: -93.3637

    Address

  • Full Address: 2020 Florida Ave S
  • Address - House Number: 2020
  • Street Segment Direction: S
  • Address - Street Name: Florida
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 3912
  • Zip Code: 55426

Valuation

    Tax

  • Total Area: 2,022
  • Tax Year: 2023
  • Tax Amount: $4,097

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 361,337
  • High Value: 421,913
  • Low Value: 300,761

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $309,915
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 21, 2021
  • First Open Lien Mortgage Loan Amount: $309,915
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $320,700
  • Market Land Value: $131,300
  • Market Improvement Value: $189,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $320,700
  • Assessed Land Value: $131,300
  • Assessed Improvements Value: $189,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Transaction ID: 11837686042
  • Current Sale Price: $319,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10965485
  • Previous Sale Recording Date: Jan 26, 2021
  • Previous Sale Contract Date: Nov 30, 2020
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 21, 2021
  • First Mortgage Loan Amount: $309,915
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUNRISE BANKS NA
  • Previous Mortgage Transaction Date: Jan 26, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $5,500,000
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Eliot



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Frequently Asked Questions

What neighborhood is 2020 Florida Avenue South located in?
The 2020 Florida Avenue South is a located in the neighborhood of Eliot in Eliot, Minneapolis.
What is the average sales price for listings in 2020 Florida Avenue South?
The average sales price for units in 2020 Florida Avenue South is $0 currently.

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