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2228 Aldrich Avenue North

2228 Aldrich Avenue North, Minneapolis, MN 55411
House in Hawthorne
Sold Jan 02, 2019
$142,000
$139,428 by Pennymac Loan Services Llc
Mortgage Due Feb 01, 2049
Sold Jun 26, 2018
$42,400
2228 Aldrich Avenue North 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 1900 and is 124 years old. 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, 2228 Aldrich Avenue North has 1,114 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 1,570 ft and across the front of the lot is 410 ft. The area measurement of the land has been determined as 6,534 square feet.

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 is one available parking space. 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 stucco. 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. 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, 2228 Aldrich Avenue North sold most recently in Dec 26, 2018 for a total of $142,000. If you work out the math, that's approximately a cost of $127.47 per sqft. Before that, the property was also sold for $42,400 in Apr 19, 2018. 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 $2,370 in taxes each year. 2228 Aldrich Avenue North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $199,000. If we break it down further, the land itself was valued at $14,000. Improvements to the property, however, were assessed at a total of $185,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 768
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,114
  • Building Area: 1,114
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,114
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND PARK ADDN TO MPLS
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 014 004 HIGHLAND PARK ADDN TO MPLS 41.00 X 157.00

Ownership

  • Current Owner : JOHNSON IRVIN EUGENE
  • Previous Owner : A 1 PROPERERTY SERVICES LLC
  • Owner Before Previous Owner: XIONG TONG
  • Owner Before Previous Owner 2: XIONG PAO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 002200

Zoning

  • Zoning: R2B

Geography

  • Assessors Map Reference: MB:07400
  • District: 01
  • Parcel: 16-029-24-11-0058
  • Block: 4
  • Lot: 14
  • Meridian: SEC 16 QTR 11 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 45.0025
  • Longitude: -93.2892

    Address

  • Full Address: 2228 Aldrich Ave N
  • Address - House Number: 2228
  • Street Segment Direction: N
  • Address - Street Name: Aldrich
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C003
  • 4-Digit Zip Code: 2641
  • Zip Code: 55411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,370

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 206,315
  • High Value: 244,864
  • Low Value: 167,767

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $149,428
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jan 02, 2019
  • First Open Lien Mortgage Loan Amount: $139,428
  • 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: Feb 01, 2049
  • Second Open Lien Mortgage Lender: CITY OF MINNEAPOLIS
  • Second Open Lien Mortgage Recording Date: Jan 02, 2019
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jan 02, 2049

    Market Valuation

  • Market Total Value: $199,000
  • Market Land Value: $14,000
  • Market Improvement Value: $185,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $199,000
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $185,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 26, 2018
  • Current Sale Recording Date: Jan 02, 2019
  • Current Sale Transaction ID: 11548774567
  • Current Sale Price: $142,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10624742
  • Previous Sale Recording Date: Jun 26, 2018
  • Previous Sale Contract Date: Apr 19, 2018
  • Previous Sale Amount: $42,400
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Jan 02, 2019
  • First Mortgage Loan Amount: $139,428
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2049

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Frequently Asked Questions

What neighborhood is 2228 Aldrich Avenue North located in?
The 2228 Aldrich Avenue North is a house located in the neighborhood of Hawthorne in Near North, Minneapolis.
What is the average sales price for listings in 2228 Aldrich Avenue North?
The average sales price for units in 2228 Aldrich Avenue North is $0 currently.

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