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2747 15th Avenue South

2747 15th Avenue South, Minneapolis, MN 55407
Multifamily in Phillips
Sold Jul 05, 2017
$193,000
$149,800 by Sunrise Bank
Mortgage Due Jul 01, 2047
Sold Jul 13, 2009
$43,000
2747 15th 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 1900 and is 124 years old. The home has a total of 8 rooms. 4 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, 2747 15th Avenue South has 1,645 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 450 ft. The area measurement of the land has been determined as 5,663 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. According to our sources, there are a total of 2 available parking spaces. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. In terms of heating, it is utilizing a hot water heating system. 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, 2747 15th Avenue South was last sold in Jun 30, 2017 for $193,000. According to our calculations, that's $117.33 per sqft. Prior to that sales transaction, the property was sold for $43,000 in Jun 29, 2009. Current property owners are expected to pay $3,874 in taxes per year. The property on 2747 15th Avenue South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $215,000. To break that down further, the land itself was valued at $32,000. While improvements to the property were assessed at a total of $183,000. 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. 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!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.

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: 1900
  • Effective Year Built: 1900
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 814
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,645
  • Gross Building Area: 1,645
  • Building Area: 1,645
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,645
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WRIGHTS ADDN TO MPLS
  • Land Acres: 0.13
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 006 007 WRIGHTS ADDN TO MPLS S 45 FT 45.00 X 127.50

Ownership

  • Current Owner : LAZO FREDDY P
  • Previous Owner : SSI PROPERTIES INC
  • Owner Before Previous Owner: INTER SAVINGS BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 125800

Zoning

  • Zoning: R2B

Geography

  • Assessors Map Reference: MB:16280
  • District: 01
  • Parcel: 35-029-24-42-0204
  • Block: 7
  • Lot: 6
  • Meridian: SEC 35 QTR 42 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9522
  • Longitude: -93.2535

    Address

  • Full Address: 2747 15th Ave S
  • Address - House Number: 2747
  • Street Segment Direction: S
  • Address - Street Name: 15th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 4359
  • Zip Code: 55407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,874

    Appraisal Valuation

  • Standard Deviation: 0.2298
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 324,405
  • High Value: 398,981
  • Low Value: 249,828

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $149,800
  • First Open Lien Mortgage Lender: SUNRISE BANK
  • First Open Lien Mortgage Recording Date: Jul 05, 2017
  • First Open Lien Mortgage Loan Amount: $149,800
  • 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: Jul 01, 2047

    Market Valuation

  • Market Total Value: $215,000
  • Market Land Value: $32,000
  • Market Improvement Value: $183,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $215,000
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $183,000

    Sales

  • Current Sale Contract Date: Jun 30, 2017
  • Current Sale Recording Date: Jul 05, 2017
  • Current Sale Transaction ID: 1589372121
  • Current Sale Price: $193,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10456046
  • Previous Sale Recording Date: Jul 13, 2009
  • Previous Sale Contract Date: Jun 29, 2009
  • Previous Sale Amount: $43,000
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: SUNRISE BANK
  • First Mortgage Transaction Date: Jul 05, 2017
  • First Mortgage Loan Amount: $149,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

About Phillips



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Frequently Asked Questions

What neighborhood is 2747 15th Avenue South located in?
The 2747 15th Avenue South is a multifamily located in the neighborhood of Phillips in Phillips, Minneapolis.
What is the average sales price for listings in 2747 15th Avenue South?
The average sales price for units in 2747 15th Avenue South is $0 currently.

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