2426 2nd Street Northeast

2426 2nd Street Northeast in Minneapolis, MN was first built in 1906 and is 118 years old. This has been categorized as a commercial property type. It is a single story home. 2426 2nd Street Northeast has 4,704 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 773 ft and the linear feet between the front and back of the lot is 1,580. In total, the area measurement of the land is 12,197 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of tar and gravel. For those who need parking, there is a paved and surfaced garage. There are a total of 13 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home 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, 2426 2nd Street Northeast sold most recently in Aug 8, 2018 for a total of $730,000. If you work out the math, that's approximately a cost of $155.19 per sqft. Before that, the property was also sold for $285,000 in Nov 17, 2003. 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 $13,995 in taxes each year. 2426 2nd Street Northeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $559,000. If we break it down further, the land itself was valued at $195,400. Improvements to the property, however, were assessed at a total of $363,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.