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3201 47th Avenue South

3201 47th Avenue South, Minneapolis, MN 55406
Property in Cooper
Sold Sep 30, 2021
$403,000
$360,000 by Bank Of America Na
Mortgage Due Oct 01, 2051
Sold Apr 09, 1997
$108,000
3201 47th Avenue South in Minneapolis, MN was first built in 1917 and is 107 years old. This has been categorized as a residential property type. It is a single story home. 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. 3201 47th Avenue South has 1,108 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 1,240. In total, the area measurement of the land is 4,792 square feet.

Learn more about the property and building on this page. The home has a hip 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 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 Sep 20, 2021 for $403,000. That's $363.72 per sqft. Prior to that sales transaction, the property was also sold in Mar 28, 1997 for $108,000. 3201 47th Avenue South was last assessed in 2022. The total value of the property was assessed at $357,000. Specifically, the land the property is located on was valued at $158,000. While improvements on the property were assessed at a total of $199,000. 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 $5,347. 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: 1917
  • Effective Year Built: 1917
  • 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: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 792
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,108
  • Building Area: 1,108
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,108
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRAZEE & JEROMES ADDN TO MPLS
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 022 002 FRAZEE & JEROMES ADDN TO MPLS 40 X 124

Ownership

  • Current Owner : BUCHANAN STEPHEN
  • Previous Owner : BARNES ROBERT T
  • Owner Before Previous Owner: BURTON JEFFREY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 107600

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:19440
  • District: 01
  • Parcel: 05-028-23-23-0040
  • Block: 2
  • Lot: 22
  • Meridian: SEC 05 QTR 23 TWN 028 RNG 23
  • Municipality: MINNEAPOLIS
  • Latitude: 44.945
  • Longitude: -93.206

    Address

  • Full Address: 3201 47th Ave S
  • Address - House Number: 3201
  • Street Segment Direction: S
  • Address - Street Name: 47th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C028
  • 4-Digit Zip Code: 2334
  • Zip Code: 55406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,347

    Appraisal Valuation

  • Standard Deviation: 0.1654
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 389,926
  • High Value: 454,431
  • Low Value: 325,421

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $357,000
  • Market Land Value: $158,000
  • Market Improvement Value: $199,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $357,000
  • Assessed Land Value: $158,000
  • Assessed Improvements Value: $199,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11859353252
  • Current Sale Price: $403,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A11024961
  • Previous Sale Recording Date: Apr 09, 1997
  • Previous Sale Contract Date: Mar 28, 1997
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 30, 2021
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Longfellow



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Frequently Asked Questions

What neighborhood is 3201 47th Avenue South located in?
The 3201 47th Avenue South is a located in the neighborhood of Cooper in Longfellow, Minneapolis.
What is the average sales price for listings in 3201 47th Avenue South?
The average sales price for units in 3201 47th Avenue South is $0 currently.

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