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2935 Pierce Street Northeast

2935 Pierce Street Northeast, Minneapolis, MN 55418
Property in Audubon Park
Sold Dec 23, 2021
$245,000
$220,500 by Novus Home Mortgage
Mortgage Due Dec 01, 2051
2935 Pierce Street Northeast 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 1941 and is 83 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2935 Pierce Street Northeast has 922 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 1,260 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,098 square feet.

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 garage underground or in the basement for those who require parking. 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 C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 2935 Pierce Street Northeast was last sold in Nov 22, 2021 for $245,000. According to our calculations, that's $265.73 per sqft. Current property owners are expected to pay $3,759 in taxes per year. The property on 2935 Pierce Street Northeast was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $275,000. To break that down further, the land itself was valued at $86,000. While improvements to the property were assessed at a total of $189,000. 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

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 722
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 500
  • Total Building Area: 922
  • Building Area: 922
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 922
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMIT VIEW ADDN TO MPLS
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 019 001 SUMMIT VIEW ADDN TO MPLS EXCEPT PART TAKEN FOR ALLEY 50 X 125.5

Ownership

  • Current Owner : PETERSON KAREN ANN
  • Current Owner 2: PETERSON ROBERT LEE
  • Previous Owner : HOLLEY VICKI
  • 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:05220
  • District: 01
  • Parcel: 01-029-24-34-0179
  • Block: 1
  • Lot: 19
  • Meridian: SEC 01 QTR 34 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 45.0214
  • Longitude: -93.2406

    Address

  • Full Address: 2935 Pierce St Ne
  • Address - House Number: 2935
  • Street Segment Direction: NE
  • Address - Street Name: Pierce
  • Address - Suffix Type: St
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C010
  • 4-Digit Zip Code: 2110
  • Zip Code: 55418

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,759

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 302,734
  • High Value: 350,107
  • Low Value: 255,362

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,500
  • First Open Lien Mortgage Lender: NOVUS HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 23, 2021
  • First Open Lien Mortgage Loan Amount: $220,500
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $275,000
  • Market Land Value: $86,000
  • Market Improvement Value: $189,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $275,000
  • Assessed Land Value: $86,000
  • Assessed Improvements Value: $189,000

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Transaction ID: 11876673129
  • Current Sale Price: $245,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: T05910052

    Last Sale Mortgage

  • First Mortgage Lender: NOVUS HOME MORTGAGE
  • First Mortgage Transaction Date: Dec 23, 2021
  • First Mortgage Loan Amount: $220,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Northeast Minneapolis



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Frequently Asked Questions

What neighborhood is 2935 Pierce Street Northeast located in?
The 2935 Pierce Street Northeast is a located in the neighborhood of Audubon Park in Northeast Minneapolis, Minneapolis.
What is the average sales price for listings in 2935 Pierce Street Northeast?
The average sales price for units in 2935 Pierce Street Northeast is $0 currently.

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