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3020 Pillsbury Avenue

3020 Pillsbury Avenue, Minneapolis, MN 55408
Property in Lyndale
Sold Jul 15, 2019
$26,900,000
$300,000 by Villa Nova Preservation Jv Llc
Mortgage Due Jul 12, 2034
Sold May 08, 2017
$845,261
3020 Pillsbury Avenue in Minneapolis, MN was first built in 1961 and is 63 years old. This has been categorized as a residential property type. There are a total of 2 floors. 3020 Pillsbury Avenue has 5,874 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 470 ft and the linear feet between the front and back of the lot is 1,650. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of tar and gravel. For those who need parking, there is a paved and surfaced garage. There are a total of 8 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 stucco. As for heating, the home is utilizing a hot water heating system. The property was last sold in Jul 12, 2019 for $26,900,000. That's $4,579.50 per sqft. Prior to that sales transaction, the property was also sold in Apr 28, 2017 for $845,261. 3020 Pillsbury Avenue was last assessed in 2022. The total value of the property was assessed at $359,800. Specifically, the land the property is located on was valued at $63,900. While improvements on the property were assessed at a total of $295,900. 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 $13,851. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 8
  • Basement Type: Unspecified basement
  • Basement Area: 2,937
  • Garage Type: Paved and surfaced
  • Parking Space Count: 8

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 470
  • Total Building Area: 5,874
  • Gross Building Area: 5,874
  • Building Area: 5,874
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 5,874
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMPBELLS ADDN TO MPLS
  • Land Acres: 0.18
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 007 001 CAMPBELLS ADDN TO MPLS 47.00 X 165.00

Ownership

  • Current Owner : VILLA NOVA PRESERVATION JV LLC
  • Previous Owner : VILLA NOVA REAL ESTATE HOLDINGS LLC
  • Owner Before Previous Owner: QUILLING PROPERTIES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 008200

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: MB:16680
  • District: 01
  • Parcel: 03-028-24-21-0009
  • Block: 1
  • Lot: 7
  • Meridian: SEC 03 QTR 21 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9476
  • Longitude: -93.2818

    Address

  • Full Address: 3020 Pillsbury Ave S
  • Address - House Number: 3020
  • Street Segment Direction: S
  • Address - Street Name: Pillsbury
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C020
  • 4-Digit Zip Code: 3030
  • Zip Code: 55408

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,851

    Appraisal Valuation

  • Standard Deviation: 0.4636
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 7
  • Final Value: 396,390
  • High Value: 580,156
  • Low Value: 212,623

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: VILLA NOVA PRESERVATION JV LLC
  • First Open Lien Mortgage Recording Date: Jul 15, 2019
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 12, 2034

    Market Valuation

  • Market Total Value: $359,800
  • Market Land Value: $63,900
  • Market Improvement Value: $295,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $359,800
  • Assessed Land Value: $63,900
  • Assessed Improvements Value: $295,900

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Transaction ID: 11625346682
  • Current Sale Price: $26,900,000
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: A10677150
  • Previous Sale Recording Date: May 08, 2017
  • Previous Sale Contract Date: Apr 28, 2017
  • Previous Sale Amount: $845,261
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VILLA NOVA PRESERVATION JV LLC
  • First Mortgage Transaction Date: Jul 15, 2019
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 12, 2034

About Powderhorn



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Frequently Asked Questions

What neighborhood is 3020 Pillsbury Avenue located in?
The 3020 Pillsbury Avenue is a located in the neighborhood of Lyndale in Powderhorn, Minneapolis.
What is the average sales price for listings in 3020 Pillsbury Avenue?
The average sales price for units in 3020 Pillsbury Avenue is $0 currently.

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