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2709 Portland Avenue

2709 Portland Avenue, Minneapolis, MN 55407
Multifamily in Phillips
Sold Mar 14, 2022
$882,352
Seller
Sold Jun 20, 2019
$482,000
$361,500 by Provident Funding Associates L
Mortgage Due Jul 01, 2049
2709 Portland Avenue in Minneapolis, MN was first built in 1913 and is 111 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a triplex style. There are a total of 3 floors. There are a total of 14 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2709 Portland Avenue has 3,136 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 660 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 8,276 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 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 alum/vinyl siding. As for heating, the home is utilizing a hot water heating system. The property was last sold in Feb 26, 2022 for $882,352. That's $236.43 per sqft. Prior to that sales transaction, the property was also sold in Jun 13, 2019 for $482,000. 2709 Portland Avenue was last assessed in 2022. The total value of the property was assessed at $506,000. Specifically, the land the property is located on was valued at $29,000. While improvements on the property were assessed at a total of $477,000. 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 $8,172. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Triplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Unspecified basement
  • Basement Area: 1,566
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 660
  • Total Building Area: 3,732
  • Gross Building Area: 3,732
  • Building Area: 3,732
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,136
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EUSTIS SUBD N 1/2 LOT 6 EMERSON ADDN
  • Land Acres: 0.19
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: 002 EUSTIS SUBD N 1/2 LOT 6 EMERSON ADDN LOT 4 AND S 1/2 OF LOT 5 66.00 X 124.40

Ownership

  • Current Owner : BETTER HOUSING LLC
  • Previous Owner : DING
  • Previous Owner 2: HUI
  • Owner Before Previous Owner: FINER HOUSING LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 126000

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: MB:16990
  • District: 01
  • Parcel: 35-029-24-32-0421
  • Block: 2
  • Lot: 4-6,66
  • Meridian: SEC 35 QTR 32 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9534
  • Longitude: -93.2673

    Address

  • Full Address: 2709 Portland Ave
  • Address - House Number: 2709
  • Address - Street Name: Portland
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C001
  • 4-Digit Zip Code: 1020
  • Zip Code: 55407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,172

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 604,009
  • High Value: 698,525
  • Low Value: 509,493

    Market Valuation

  • Market Total Value: $506,000
  • Market Land Value: $29,000
  • Market Improvement Value: $477,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $506,000
  • Assessed Land Value: $29,000
  • Assessed Improvements Value: $477,000

    Sales

  • Current Sale Contract Date: Feb 26, 2022
  • Current Sale Recording Date: Mar 14, 2022
  • Current Sale Transaction ID: 11885471872
  • Current Sale Price: $882,352
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11091314
  • Previous Sale Recording Date: Jun 20, 2019
  • Previous Sale Contract Date: Jun 13, 2019
  • Previous Sale Amount: $482,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • Previous Mortgage Transaction Date: Jun 20, 2019
  • Previous Mortgage Loan Amount: $361,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2049

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Frequently Asked Questions

What neighborhood is 2709 Portland Avenue located in?
The 2709 Portland Avenue is a multifamily located in the neighborhood of Phillips in Phillips, Minneapolis.
What is the average sales price for listings in 2709 Portland Avenue?
The average sales price for units in 2709 Portland Avenue is $0 currently.

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