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3240 38th Avenue South

3240 38th Avenue South, Minneapolis, MN 55406
House in Longfellow
Sold Dec 30, 2020
$300,000
$285,000 by Merchants Bank Na
Mortgage Due Jan 01, 2051
Sold May 06, 2014
$194,000
$155,200 by Quicken Loans Inc
Mortgage Due May 01, 2044
3240 38th Avenue South in Minneapolis, MN was first built in 1914 and is 110 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3240 38th Avenue South has 996 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 1,280. 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 is one available parking space. 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 hot water heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3240 38th Avenue South was last sold in Dec 10, 2020 for $300,000. According to our calculations, that's $301.20 per sqft. Prior to that sales transaction, the property was sold for $194,000 in Apr 30, 2014. Current property owners are expected to pay $4,562 in taxes per year. The property on 3240 38th Avenue South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $331,000. To break that down further, the land itself was valued at $110,000. While improvements to the property were assessed at a total of $221,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Metal Exterior
Stucco Exterior
Vinyl Siding
Wood Exterior

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 996
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 996
  • Building Area: 996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUDITORS SUBD. NO. 237
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 113 AUDITORS SUBD. NO. 237 40 X 128

Ownership

  • Current Owner : HOOSTAL SCOTT
  • Current Owner 2: ROCK SARAH
  • Previous Owner : PATRICK RYAN
  • Previous Owner 2: JORDAN JENNIFER
  • Owner Before Previous Owner: ECKART JEFFREY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 108900

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:18650
  • District: 01
  • Parcel: 06-028-23-24-0049
  • Lot: 113
  • Meridian: SEC 06 QTR 24 TWN 028 RNG 23
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9436
  • Longitude: -93.2182

    Address

  • Full Address: 3240 38th Ave S
  • Address - House Number: 3240
  • Street Segment Direction: S
  • Address - Street Name: 38th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 2145
  • Zip Code: 55406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,562

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 340,967
  • High Value: 397,630
  • Low Value: 284,304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: MERCHANTS BANK NA
  • First Open Lien Mortgage Recording Date: Dec 30, 2020
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $331,000
  • Market Land Value: $110,000
  • Market Improvement Value: $221,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $331,000
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $221,000

    Sales

  • Current Sale Contract Date: Dec 10, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Transaction ID: 11814126420
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10893240
  • Previous Sale Recording Date: May 06, 2014
  • Previous Sale Contract Date: Apr 30, 2014
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERCHANTS BANK NA
  • First Mortgage Transaction Date: Dec 30, 2020
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: May 06, 2014
  • Previous Mortgage Loan Amount: $155,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2044

About Longfellow



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Frequently Asked Questions

What neighborhood is 3240 38th Avenue South located in?
The 3240 38th Avenue South is a house located in the neighborhood of Longfellow in Longfellow, Minneapolis.
What is the average sales price for listings in 3240 38th Avenue South?
The average sales price for units in 3240 38th Avenue South is $0 currently.

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