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216 Groveland Avenue

216 Groveland Avenue, Minneapolis, MN 55403
Property in Stevens Square
Sold May 19, 2016
$240,000
$235,653 by American Mortgage & Equity Con
Mortgage Due Apr 01, 2046
Sold Apr 15, 2015
$103,989
216 Groveland Avenue 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 1986 and is 38 years old. The home has a total of 6 rooms. 2 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, 216 Groveland Avenue has 1,644 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 460 ft and across the front of the lot is 203 ft. The area measurement of the land has been determined as 871 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 garage underground or in the basement for those who require parking. 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 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. The property was last sold in May 11, 2016 for $240,000. That's $145.99 per sqft. Prior to that sales transaction, the property was also sold in Apr 15, 2015 for $103,989. 216 Groveland Avenue was last assessed in 2022. The total value of the property was assessed at $354,000. Specifically, the land the property is located on was valued at $7,000. While improvements on the property were assessed at a total of $347,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,621. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 785
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 871
  • Lot Size Depth Feet: 460
  • Lot Size Frontage Feet: 203
  • Total Building Area: 1,644
  • Building Area: 1,644
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,644
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROVELAND AVENUE TOWNHOUSES
  • Land Acres: 0.02
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: 003 001 GROVELAND AVENUE TOWNHOUSES TOWNHOUSE

Ownership

  • Current Owner : REILLY JANE E
  • Previous Owner : WELLS FARGO BANK NA
  • Owner Before Previous Owner: SHERIFF HENNEPIN COUNTY MINNESOTA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 105600

Zoning

  • Zoning: OR1

Geography

  • Assessors Map Reference: MB:02918
  • District: 01
  • Parcel: 27-029-24-34-0101
  • Block: 1
  • Lot: 3
  • Meridian: SEC 27 QTR 34 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9646
  • Longitude: -93.2813

    Address

  • Full Address: 216 Groveland Ave
  • Address - House Number: 216
  • Address - Street Name: Groveland
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C010
  • 4-Digit Zip Code: 3501
  • Zip Code: 55403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,621

    Appraisal Valuation

  • Standard Deviation: 0.1399
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 376,790
  • High Value: 429,511
  • Low Value: 324,070

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,653
  • First Open Lien Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • First Open Lien Mortgage Recording Date: May 19, 2016
  • First Open Lien Mortgage Loan Amount: $235,653
  • 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: Apr 01, 2046

    Market Valuation

  • Market Total Value: $354,000
  • Market Land Value: $7,000
  • Market Improvement Value: $347,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $354,000
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $347,000

    Sales

  • Current Sale Contract Date: May 11, 2016
  • Current Sale Recording Date: May 19, 2016
  • Current Sale Transaction ID: 1611933664
  • Current Sale Price: $240,000
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: T05349257
  • Previous Sale Recording Date: Apr 15, 2015
  • Previous Sale Contract Date: Apr 15, 2015
  • Previous Sale Amount: $103,989
  • Previous Sale Document Type: Redemption Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • First Mortgage Transaction Date: May 19, 2016
  • First Mortgage Loan Amount: $235,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2046

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Frequently Asked Questions

What neighborhood is 216 Groveland Avenue located in?
The 216 Groveland Avenue is a located in the neighborhood of Stevens Square in Central Minneapolis, Minneapolis.
What is the average sales price for listings in 216 Groveland Avenue?
The average sales price for units in 216 Groveland Avenue is $0 currently.

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