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3049 3rd Avenue South

3049 3rd Avenue South, Minneapolis, MN 55408
Property in Central
Sold Apr 14, 2022
$300,000
$284,000 by Rocket Mortgage Llc
Mortgage Due May 01, 2052
Sold Nov 07, 2012
$150,000
$147,283 by Alerus Mortgage
Mortgage Due Nov 01, 2042
3049 3rd Avenue South in Minneapolis, MN was first built in 1911 and is 113 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3049 3rd Avenue South has 1,372 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 382 ft and the linear feet between the front and back of the lot is 640. In total, the area measurement of the land is 2,614 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gambrel style roof made of asphalt. For those who need parking, there is a detached garage. 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. 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. The property was last sold in Apr 14, 2022 for $300,000. That's $218.66 per sqft. Prior to that sales transaction, the property was also sold in Oct 31, 2012 for $150,000. 3049 3rd Avenue South was last assessed in 2022. The total value of the property was assessed at $246,000. Specifically, the land the property is located on was valued at $23,000. While improvements on the property were assessed at a total of $223,000. 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 $3,076. 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. 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: 1911
  • Effective Year Built: 1911
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Unspecified basement
  • Basement Area: 736
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Lot Size Depth Feet: 640
  • Lot Size Frontage Feet: 382
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,372
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOBARTS ADDN TO MPLS
  • Land Acres: 0.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 002 HOBARTS ADDN TO MPLS THAT PART OF LOT 8 AND OF THE S 7/10 FT OF LOT 9 LYING W OF THE E 64 1/10 FT THEREOF LOTS 8 AND 9

Ownership

  • Current Owner : LARSON CODY
  • Current Owner 2: LARSON EMILY
  • Previous Owner : The Estate of Neil Ross Milan
  • Owner Before Previous Owner: CURTIS NICOLE LYNN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 008300

Zoning

  • Zoning: R2B

Geography

  • Assessors Map Reference: MB:17290
  • District: 01
  • Parcel: 03-028-24-11-0042
  • Block: 2
  • Lot: 8-9
  • Meridian: SEC 03 QTR 11 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9468
  • Longitude: -93.2726

    Address

  • Full Address: 3049 3rd Ave S
  • Address - House Number: 3049
  • Street Segment Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C017
  • 4-Digit Zip Code: 2404
  • Zip Code: 55408

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,076

    Appraisal Valuation

  • Standard Deviation: 0.0878
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 253,051
  • High Value: 275,294
  • Low Value: 230,808

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $284,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 19, 2022
  • First Open Lien Mortgage Loan Amount: $284,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $246,000
  • Market Land Value: $23,000
  • Market Improvement Value: $223,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $246,000
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $223,000

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Transaction ID: 11885880091
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1398995
  • Previous Sale Recording Date: Nov 07, 2012
  • Previous Sale Contract Date: Oct 31, 2012
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Apr 14, 2022
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: ALERUS MORTGAGE
  • Previous Mortgage Transaction Date: Nov 07, 2012
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $147,283
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2042

About Powderhorn



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Frequently Asked Questions

What neighborhood is 3049 3rd Avenue South located in?
The 3049 3rd Avenue South is a located in the neighborhood of Central in Powderhorn, Minneapolis.
What is the average sales price for listings in 3049 3rd Avenue South?
The average sales price for units in 3049 3rd Avenue South is $0 currently.

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