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2640 Georgia Avenue South

2640 Georgia Avenue South, Minneapolis, MN 55426
Property in Bronx Park
Sold Aug 11, 2021
$445,000
$422,750 by Novus Home Mortgage
Mortgage Due Sep 01, 2051
Sold Feb 24, 2017
$395,000
$355,500 by Cambria Financial Group Llc
Mortgage Due Mar 01, 2047
2640 Georgia Avenue South 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 1951 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 2001. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2640 Georgia Avenue South has 1,197 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 5,227 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 484 sqft. According to our sources, there are a total of 2 available parking spaces. 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. The building has a gable style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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 floor/wall heating system and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2640 Georgia Avenue South was last sold in Aug 11, 2021 for $445,000. According to our calculations, that's $371.76 per sqft. Prior to that sales transaction, the property was sold for $395,000 in Feb 3, 2017. Current property owners are expected to pay $6,594 in taxes per year. The property on 2640 Georgia Avenue South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $494,200. To break that down further, the land itself was valued at $126,000. While improvements to the property were assessed at a total of $368,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2001
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 82
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,197
  • Gross Building Area: 1,279
  • Building Area: 1,197
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,197
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE BRONX
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 011 001 THE BRONX 40 X 127.85

Ownership

  • Current Owner : MURPHY ORRIN
  • Current Owner 2: MURPHY KYLE
  • Previous Owner : CHIVERS NATE
  • Previous Owner 2: CHIVERS SARAH
  • Owner Before Previous Owner: WARING CONSTANCE D
  • Owner Before Previous Owner 2: WARING MICHAEL G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: St. Louis Park Public School District
  • School Tax School District: ST LOUIS PARK
  • Census Tract: 022400

Geography

  • Assessors Map Reference: MB:50440
  • District: 46
  • Parcel: 08-117-21-41-0015
  • Block: 1
  • Lot: 11
  • Meridian: SEC 08 QTR 41 TWN 117 RNG 21
  • Municipality: ST. LOUIS PARK
  • Latitude: 44.9555
  • Longitude: -93.3648

    Address

  • Full Address: 2640 Georgia Ave S
  • Address - House Number: 2640
  • Street Segment Direction: S
  • Address - Street Name: Georgia
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 3337
  • Zip Code: 55426

Valuation

    Tax

  • Total Area: 2,019
  • Tax Year: 2023
  • Tax Amount: $6,594

    Appraisal Valuation

  • Standard Deviation: 0.1626
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 485,636
  • High Value: 564,615
  • Low Value: 406,657

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $845,500
  • First Open Lien Mortgage Lender: NOVUS HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 11, 2021
  • First Open Lien Mortgage Loan Amount: $422,750
  • 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: Sep 01, 2051
  • Second Open Lien Mortgage Loan Amount: $422,750
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $494,200
  • Market Land Value: $126,000
  • Market Improvement Value: $368,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $494,200
  • Assessed Land Value: $126,000
  • Assessed Improvements Value: $368,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Transaction ID: 11851058138
  • Current Sale Price: $445,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A11002169
  • Previous Sale Recording Date: Feb 24, 2017
  • Previous Sale Contract Date: Feb 03, 2017
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NOVUS HOME MORTGAGE
  • First Mortgage Transaction Date: Aug 11, 2021
  • First Mortgage Loan Amount: $422,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CAMBRIA FINANCIAL GROUP LLC
  • Previous Mortgage Transaction Date: Feb 24, 2017
  • Previous Mortgage Loan Amount: $355,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2047

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Frequently Asked Questions

What neighborhood is 2640 Georgia Avenue South located in?
The 2640 Georgia Avenue South is a located in the neighborhood of Bronx Park in Bronx Park, Minneapolis.
What is the average sales price for listings in 2640 Georgia Avenue South?
The average sales price for units in 2640 Georgia Avenue South is $0 currently.

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