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2918 Taylor Street Northeast

2918 Taylor Street Northeast, Minneapolis, MN 55418
Property in Audubon Park
Sold Jul 20, 2021
$300,000
$285,000 by Bell Bank
Mortgage Due Aug 01, 2051
Sold Apr 13, 2015
$185,500
$182,100 by Bell State Bank & Trust
Mortgage Due May 01, 2045
2918 Taylor Street Northeast in Minneapolis, MN was first built in 1903 and is 121 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2918 Taylor Street Northeast has 1,310 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 400 ft and the linear feet between the front and back of the lot is 1,260. In total, the area measurement of the land is 5,227 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 materials we are unsure of. 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, 2918 Taylor Street Northeast sold most recently in Jul 15, 2021 for a total of $300,000. If you work out the math, that's approximately a cost of $229.01 per sqft. Before that, the property was also sold for $185,500 in Apr 8, 2015. 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 $4,275 in taxes each year. 2918 Taylor Street Northeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $299,000. If we break it down further, the land itself was valued at $77,000. Improvements to the property, however, were assessed at a total of $222,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 728
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,310
  • Building Area: 1,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,310
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHUTE BROS 1ST ADDN TO CITY OF MPLS
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 011 015 CHUTE BROS 1ST ADDN TO CITY OF MPLS 40 X 125.5

Ownership

  • Current Owner : HARMS JONATHAN
  • Current Owner 2: BALGAARD AMANDA
  • Previous Owner : HAYES ERIN
  • Previous Owner 2: URICK JOHN
  • Owner Before Previous Owner: BROSCHA SHARON M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 000601

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:00960
  • District: 01
  • Parcel: 01-029-24-33-0163
  • Block: 15
  • Lot: 11
  • Meridian: SEC 01 QTR 33 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 45.021
  • Longitude: -93.2439

    Address

  • Full Address: 2918 Taylor St Ne
  • Address - House Number: 2918
  • Street Segment Direction: NE
  • Address - Street Name: Taylor
  • Address - Suffix Type: St
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C031
  • 4-Digit Zip Code: 2138
  • Zip Code: 55418

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,275

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 327,007
  • High Value: 377,501
  • Low Value: 276,512

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Loan Amount: $285,000
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Loan Amount: $285,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $299,000
  • Market Land Value: $77,000
  • Market Improvement Value: $222,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $299,000
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $222,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11846350847
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05858113
  • Previous Sale Recording Date: Apr 13, 2015
  • Previous Sale Contract Date: Apr 08, 2015
  • Previous Sale Amount: $185,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BELL STATE BANK & TRUST
  • Previous Mortgage Transaction Date: Apr 13, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $182,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2045

About Northeast Minneapolis



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Frequently Asked Questions

What neighborhood is 2918 Taylor Street Northeast located in?
The 2918 Taylor Street Northeast is a located in the neighborhood of Audubon Park in Northeast Minneapolis, Minneapolis.
What is the average sales price for listings in 2918 Taylor Street Northeast?
The average sales price for units in 2918 Taylor Street Northeast is $0 currently.

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