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2320 Cromwell Drive

2320 Cromwell Drive, Minneapolis, MN 55410
Property in Fulton
Sold Dec 16, 2021
$880,000
$704,000 by Crosscountry Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Jun 06, 2019
$805,000
$795,000 by Home Federal Savings Bank
Mortgage Due Jul 01, 2049
Local assessors in Minneapolis, MN have categorized 2320 Cromwell Drive as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 6,534 square feet. The linear feet between the front and back of the lot was measured at 1,280 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2320 Cromwell Drive has a total of 1,908 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. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is poor. 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 wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 8, 2021 for $880,000. That's $461.22 per sqft. Prior to that sales transaction, the property was also sold in Jun 3, 2019 for $805,000. 2320 Cromwell Drive was last assessed in 2022. The total value of the property was assessed at $868,000. Specifically, the land the property is located on was valued at $253,000. While improvements on the property were assessed at a total of $615,000. 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 $12,899. 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. 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: 1923
  • Effective Year Built: 1923
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 936
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,908
  • Building Area: 1,908
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,908
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARRIET HEIGHTS 3RD DIV
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 004 002 HARRIET HEIGHTS 3RD DIV 50.00 X 128.00

Ownership

  • Current Owner : MURRAY JOHN
  • Current Owner 2: PATEL NITAL
  • Previous Owner : MIRZA ALEEM
  • Previous Owner 2: ELMENSHAWI IMAN
  • Owner Before Previous Owner: GIUSEFFI ARAON K
  • Owner Before Previous Owner 2: PERO RAUL O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 111300

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:22700
  • District: 01
  • Parcel: 17-028-24-44-0068
  • Block: 2
  • Lot: 4
  • Meridian: SEC 17 QTR 44 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9062
  • Longitude: -93.3096

    Address

  • Full Address: 2320 Cromwell Dr
  • Address - House Number: 2320
  • Address - Street Name: Cromwell
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C007
  • 4-Digit Zip Code: 2520
  • Zip Code: 55410

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,899

    Appraisal Valuation

  • Standard Deviation: 0.1404
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 921,070
  • High Value: 1,050,447
  • Low Value: 791,693

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $704,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 16, 2021
  • First Open Lien Mortgage Loan Amount: $704,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $868,000
  • Market Land Value: $253,000
  • Market Improvement Value: $615,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $868,000
  • Assessed Land Value: $253,000
  • Assessed Improvements Value: $615,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Transaction ID: 11875625608
  • Current Sale Price: $880,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A11057444
  • Previous Sale Recording Date: Jun 06, 2019
  • Previous Sale Contract Date: Jun 03, 2019
  • Previous Sale Amount: $805,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 16, 2021
  • First Mortgage Loan Amount: $704,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HOME FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Jun 06, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $795,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About Southwest Minneapolis



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Frequently Asked Questions

What neighborhood is 2320 Cromwell Drive located in?
The 2320 Cromwell Drive is a located in the neighborhood of Fulton in Southwest Minneapolis, Minneapolis.
What is the average sales price for listings in 2320 Cromwell Drive?
The average sales price for units in 2320 Cromwell Drive is $0 currently.

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