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242 7th Avenue North

242 7th Avenue North, Hopkins, MN 55343
Property in Hopkins
Sold Feb 13, 2023
Transfer
$82,000 by Baune David
Mortgage Due Mar 01, 2033
Sold Jul 10, 2015
$322,029
$257,600 by American Internet Mortgage Inc
Mortgage Due Jul 01, 2035
242 7th Avenue North has been categorized by the local assessors in Hopkins, MN as a residential type of property. The building on the property was first built in 1949 and is 75 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 5 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 242 7th Avenue North has 1,351 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 1,300 ft and across the front of the lot is 89 ft. The area measurement of the land has been determined as 11,761 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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. The garage measured 792 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. 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 frame 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 brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing electric heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Prior to that sales transaction, the property was also sold in Jun 30, 2015 for $322,029. 242 7th Avenue North was last assessed in 2022. The total value of the property was assessed at $428,000. Specifically, the land the property is located on was valued at $174,000. While improvements on the property were assessed at a total of $254,000. 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 $6,189. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1949
  • Effective Year Built: 1975
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 946
  • Garage Type: Detached
  • Garage Square Area: 792
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 89
  • Total Building Area: 1,351
  • Gross Building Area: 2,297
  • Building Area: 1,351
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Electric
  • Heated Square Feet: 1,351
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST MINNEAPOLIS 2ND DIVISION
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 086 WEST MINNEAPOLIS 2ND DIVISION LOTS 1 AND 2 89.33 X 130

Ownership

  • Current Owner : BAUNE CRAIG RAYMOND
  • Previous Owner : BAUNE CARA JEANNE STAR
  • Owner Before Previous Owner: SNYDER TIMOTHY W
  • Owner Before Previous Owner 2: SNYDER JOY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopkins Public School District
  • School Tax School District: HOPKINS
  • Census Tract: 023300

Geography

  • Assessors Map Reference: MB:37690
  • District: 30
  • Parcel: 24-117-22-13-0053
  • Block: 86
  • Lot: 1-2
  • Meridian: SEC 24 QTR 13 TWN 117 RNG 22
  • Municipality: HOPKINS
  • Latitude: 44.9295
  • Longitude: -93.4088

    Address

  • Full Address: 242 7th Ave N
  • Address - House Number: 242
  • Street Segment Direction: N
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Hopkins
  • Carrier Code: C005
  • 4-Digit Zip Code: 7311
  • Zip Code: 55343

Valuation

    Tax

  • Total Area: 2,702
  • Tax Year: 2023
  • Tax Amount: $6,189

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 464,309
  • High Value: 540,347
  • Low Value: 388,271

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,000
  • First Open Lien Mortgage Lender: BAUNE DAVID
  • First Open Lien Mortgage Recording Date: Feb 13, 2023
  • First Open Lien Mortgage Loan Amount: $82,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2033

    Market Valuation

  • Market Total Value: $428,000
  • Market Land Value: $174,000
  • Market Improvement Value: $254,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $428,000
  • Assessed Land Value: $174,000
  • Assessed Improvements Value: $254,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 11, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Transaction ID: 11903883511
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 11181269
  • Previous Sale Recording Date: Jul 10, 2015
  • Previous Sale Contract Date: Jun 30, 2015
  • Previous Sale Amount: $322,029
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAUNE DAVID
  • First Mortgage Transaction Date: Feb 13, 2023
  • First Mortgage Loan Amount: $82,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Mar 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 10, 2015
  • Previous Mortgage Loan Amount: $257,600
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Minnetonka - Hopkins



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Frequently Asked Questions

What neighborhood is 242 7th Avenue North located in?
The 242 7th Avenue North is a located in the neighborhood of Hopkins in Minnetonka - Hopkins, Hopkins.
What is the average sales price for listings in 242 7th Avenue North?
The average sales price for units in 242 7th Avenue North is $0 currently.

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