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2349 Ferrant Place

2349 Ferrant Place, Minneapolis, MN 55411
House in Willard-Hay
Sold Jun 22, 2021
$183,511
$153,808 by Flagship Bank Minnesota
Mortgage Due Jun 17, 2046
Sold Jun 21, 2021
$183,512
$153,808 by Flagship Bank Minnesota
Mortgage Due Jun 17, 2046
2349 Ferrant Place 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 1902 and is 122 years old. The home has a total of 7 rooms. 3 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, 2349 Ferrant Place has 1,416 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 1,280 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,792 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 are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. 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. 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, 2349 Ferrant Place sold most recently in Jun 4, 2021 for a total of $183,511. If you work out the math, that's approximately a cost of $129.60 per sqft. Before that, the property was also sold for $183,512 in Jun 4, 2021. 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 $2,626 in taxes each year. 2349 Ferrant Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $184,000. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $169,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Stucco Exterior
Wood Exterior

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • 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: 998
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUDITORS SUBD. NO. 150
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 020 AUDITORS SUBD. NO. 150 40X128X32.6X126

Ownership

  • Current Owner : HORSESHOE LLC
  • Previous Owner : NANCY L MACGIBBON LIVING TRUST
  • Owner Before Previous Owner: BUMS PEGGY M
  • Owner Before Previous Owner 2: BUMS DOUGLAS MACGIBBON
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 102000

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:06870
  • District: 01
  • Parcel: 17-029-24-11-0024
  • Lot: 20
  • Meridian: SEC 17 QTR 11 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 45.0037
  • Longitude: -93.3103

    Address

  • Full Address: 2349 Ferrant Pl
  • Address - House Number: 2349
  • Address - Street Name: Ferrant
  • Address - Suffix Type: Pl
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 2421
  • Zip Code: 55411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,626

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 204,663
  • High Value: 238,808
  • Low Value: 170,517

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,808
  • First Open Lien Mortgage Lender: FLAGSHIP BANK MINNESOTA
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $153,808
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 17, 2046

    Market Valuation

  • Market Total Value: $184,000
  • Market Land Value: $15,000
  • Market Improvement Value: $169,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $184,000
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $169,000

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Transaction ID: 11881197473
  • Current Sale Price: $183,511
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10978732
  • Previous Sale Recording Date: Jun 21, 2021
  • Previous Sale Contract Date: Jun 04, 2021
  • Previous Sale Amount: $183,512
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSHIP BANK
  • First Mortgage Transaction Date: Jun 22, 2021
  • First Mortgage Loan Amount: $153,808
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 17, 2046

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSHIP BANK MINNESOTA
  • Previous Mortgage Transaction Date: Jun 21, 2021
  • Previous Mortgage Loan Amount: $153,808
  • Previous Mortgage Term: 299
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 17, 2046

About Near North



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Frequently Asked Questions

What neighborhood is 2349 Ferrant Place located in?
The 2349 Ferrant Place is a house located in the neighborhood of Willard-Hay in Near North, Minneapolis.
What is the average sales price for listings in 2349 Ferrant Place?
The average sales price for units in 2349 Ferrant Place is $0 currently.

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