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2218 Oakland Avenue

2218 Oakland Avenue, Minneapolis, MN 55404
Property in Phillips
Sold Jun 10, 2016
$136,600
$134,125 by Axia Financial Llc
Mortgage Due Jul 01, 2046
Sold Dec 16, 2002
$150,000
2218 Oakland Avenue in Minneapolis, MN was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2218 Oakland Avenue has 1,792 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 210 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 2,614 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a convection heater. 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, 2218 Oakland Avenue sold most recently in Jun 7, 2016 for a total of $136,600. If you work out the math, that's approximately a cost of $76.23 per sqft. Before that, the property was also sold for $150,000 in Nov 27, 2002. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,295 in taxes each year. 2218 Oakland Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $188,000. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $170,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1900
  • Effective Year Built: 1900
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 224
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 210
  • Total Building Area: 1,792
  • Gross Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Convection
  • Heated Square Feet: 1,792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: G N MERRIAMS ADDN TO MPLS
  • Land Acres: 0.06
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 005 003 G N MERRIAMS ADDN TO MPLS S 21FT 21.00 X 124.00

Ownership

  • Current Owner : ROSALES CARLOS VICENTE
  • Previous Owner : RAMSARRAN MOHAN
  • Previous Owner 2: RAMSARRAN LELOWTIE
  • Owner Before Previous Owner: CONDE CANDIDO C
  • Owner Before Previous Owner 2: CONDE MARTA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 126000

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: MB:10340
  • District: 01
  • Parcel: 35-029-24-22-0024
  • Block: 3
  • Lot: 5
  • Meridian: SEC 35 QTR 22 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9601
  • Longitude: -93.2667

    Address

  • Full Address: 2218 Oakland Ave
  • Address - House Number: 2218
  • Address - Street Name: Oakland
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C014
  • 4-Digit Zip Code: 3707
  • Zip Code: 55404

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,295

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 227,767
  • High Value: 265,430
  • Low Value: 190,105

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $134,125
  • First Open Lien Mortgage Lender: AXIA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jun 10, 2016
  • First Open Lien Mortgage Loan Amount: $134,125
  • 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: Jul 01, 2046

    Market Valuation

  • Market Total Value: $188,000
  • Market Land Value: $18,000
  • Market Improvement Value: $170,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $188,000
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $170,000

    Sales

  • Current Sale Contract Date: Jun 07, 2016
  • Current Sale Recording Date: Jun 10, 2016
  • Current Sale Transaction ID: 1608459127
  • Current Sale Price: $136,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10323437
  • Previous Sale Recording Date: Dec 16, 2002
  • Previous Sale Contract Date: Nov 27, 2002
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AXIA FINANCIAL LLC
  • First Mortgage Transaction Date: Jun 10, 2016
  • First Mortgage Loan Amount: $134,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2046

About Phillips



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Frequently Asked Questions

What neighborhood is 2218 Oakland Avenue located in?
The 2218 Oakland Avenue is a located in the neighborhood of Phillips in Phillips, Minneapolis.
What is the average sales price for listings in 2218 Oakland Avenue?
The average sales price for units in 2218 Oakland Avenue is $0 currently.

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