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2225 Kentucky Avenue South

2225 Kentucky Avenue South, Minneapolis, MN 55426
Property in Eliot
Sold Jul 09, 2020
$360,000
$322,999 by Us Bank Na
Mortgage Due Aug 01, 2050
Sold Jul 25, 2017
$275,000
$261,250 by Baxter Cu
Mortgage Due Jul 01, 2047
Local assessors in Minneapolis, MN have categorized 2225 Kentucky Avenue South as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 8,276 square feet. The linear feet between the front and back of the lot was measured at 1,360 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2225 Kentucky Avenue South has a total of 828 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 624 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of metal were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. 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, 2225 Kentucky Avenue South sold most recently in Jul 6, 2020 for a total of $360,000. If you work out the math, that's approximately a cost of $434.78 per sqft. Before that, the property was also sold for $275,000 in Jun 23, 2017. 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 $5,092 in taxes each year. 2225 Kentucky Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $391,200. If we break it down further, the land itself was valued at $141,400. Improvements to the property, however, were assessed at a total of $249,800. 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: 1948
  • Effective Year Built: 1995
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 662
  • Garage Type: Detached
  • Garage Square Area: 624
  • Parking Space Count: 4
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 600
  • Total Building Area: 828
  • Gross Building Area: 1,490
  • Building Area: 828
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 828
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RICHMOND 3RD ADDN
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RICHMOND 3RD ADDN LOT 114 AND S 1/2 OF 115 LOTS 114 AND 115 60 X 135.5

Ownership

  • Current Owner : CLARKE CASSANDRA MARIE
  • Current Owner 2: LEAL DANIEL JOSEPH
  • Previous Owner : HOWLEY BRIANNA L
  • Previous Owner 2: HOWLEY DANIEL J
  • Owner Before Previous Owner: DEWITT ZACHARY
  • Owner Before Previous Owner 2: JAEGER MELISSA
  • 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:51960
  • District: 46
  • Parcel: 08-117-21-12-0080
  • Lot: 114-115
  • Meridian: SEC 08 QTR 12 TWN 117 RNG 21
  • Municipality: ST. LOUIS PARK
  • Latitude: 44.9614
  • Longitude: -93.3694

    Address

  • Full Address: 2225 Kentucky Ave S
  • Address - House Number: 2225
  • Street Segment Direction: S
  • Address - Street Name: Kentucky
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C029
  • 4-Digit Zip Code: 2714
  • Zip Code: 55426

Valuation

    Tax

  • Total Area: 1,656
  • Tax Year: 2023
  • Tax Amount: $5,092

    Appraisal Valuation

  • Standard Deviation: 0.1626
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 401,528
  • High Value: 466,829
  • Low Value: 336,227

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $322,999
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jul 09, 2020
  • First Open Lien Mortgage Loan Amount: $322,999
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $391,200
  • Market Land Value: $141,400
  • Market Improvement Value: $249,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $391,200
  • Assessed Land Value: $141,400
  • Assessed Improvements Value: $249,800

    Sales

  • Current Sale Contract Date: Jul 06, 2020
  • Current Sale Recording Date: Jul 09, 2020
  • Current Sale Transaction ID: 11772794794
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10809704
  • Previous Sale Recording Date: Jul 25, 2017
  • Previous Sale Contract Date: Jun 23, 2017
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 09, 2020
  • First Mortgage Loan Amount: $322,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BAXTER CU
  • Previous Mortgage Transaction Date: Jul 25, 2017
  • Previous Mortgage Loan Amount: $261,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Eliot



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Frequently Asked Questions

What neighborhood is 2225 Kentucky Avenue South located in?
The 2225 Kentucky Avenue South is a located in the neighborhood of Eliot in Eliot, Minneapolis.
What is the average sales price for listings in 2225 Kentucky Avenue South?
The average sales price for units in 2225 Kentucky Avenue South is $0 currently.

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