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327 5th Street Southeast

327 5th Street Southeast, Minneapolis, MN 55414
Property in Marcy - Holmes
Sold Apr 25, 2022
$570,000
$496,400 by United Wholesale Mortgage Llc
Mortgage Due Oct 01, 2052
Sold Nov 26, 2019
$442,500
$331,875 by Envision Capital Inc
Mortgage Due Dec 01, 2049
Local assessors in Minneapolis, MN have categorized 327 5th Street Southeast as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 3,920 square feet. The linear feet between the front and back of the lot was measured at 820 ft and the front of the lot was measured at 480 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 327 5th Street Southeast has a total of 2,610 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. The property was last sold in Apr 25, 2022 for $570,000. That's $272.99 per sqft. Prior to that sales transaction, the property was also sold in Nov 15, 2019 for $442,500. 327 5th Street Southeast was last assessed in 2022. The total value of the property was assessed at $407,000. Specifically, the land the property is located on was valued at $113,000. While improvements on the property were assessed at a total of $294,000. 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 $6,109. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1900
  • Effective Year Built: 1900
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Unspecified basement
  • Basement Area: 1,044
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 820
  • Lot Size Frontage Feet: 480
  • Total Building Area: 2,088
  • Gross Building Area: 2,088
  • Building Area: 2,088
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,610
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILL COS ADDN TO ST ANTHONY FALLS
  • Land Acres: 0.09
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 001 012 MILL COS ADDN TO ST ANTHONY FALLS SELY 48 FT OF SWLY 1/2 48.00 X 82.50

Ownership

  • Current Owner : VANDER BROEK JAKE
  • Previous Owner : BROWNE MICHAEL
  • Previous Owner 2: BROWNE KRISTA
  • Owner Before Previous Owner: RIVER CITY RENOVATIONS LLC
  • 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: 103700

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: MB:06310
  • District: 01
  • Parcel: 23-029-24-14-0016
  • Block: 12
  • Lot: 1
  • Meridian: SEC 23 QTR 14 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9874
  • Longitude: -93.2492

    Address

  • Full Address: 327 5th St Se
  • Address - House Number: 327
  • Street Segment Direction: SE
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C003
  • 4-Digit Zip Code: 1605
  • Zip Code: 55414

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,109

    Appraisal Valuation

  • Standard Deviation: 0.0878
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 553,801
  • High Value: 602,480
  • Low Value: 505,122

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $496,400
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 16, 2022
  • First Open Lien Mortgage Loan Amount: $496,400
  • 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, 2052

    Market Valuation

  • Market Total Value: $407,000
  • Market Land Value: $113,000
  • Market Improvement Value: $294,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $407,000
  • Assessed Land Value: $113,000
  • Assessed Improvements Value: $294,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Transaction ID: 11888225495
  • Current Sale Price: $570,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1403792
  • Previous Sale Recording Date: Nov 26, 2019
  • Previous Sale Contract Date: Nov 15, 2019
  • Previous Sale Amount: $442,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: ENVISION CAPITAL INC
  • Previous Mortgage Transaction Date: Nov 26, 2019
  • Previous Mortgage Loan Amount: $331,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2049

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Frequently Asked Questions

What neighborhood is 327 5th Street Southeast located in?
The 327 5th Street Southeast is a located in the neighborhood of Marcy - Holmes in University, Minneapolis.
What is the average sales price for listings in 327 5th Street Southeast?
The average sales price for units in 327 5th Street Southeast is $0 currently.

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