Check Availability

3424 Nicollet Avenue

3424 Nicollet Avenue, Minneapolis, MN 55408
Property in Lyndale
Sold Oct 27, 2017
$140,000
$137,464 by Wintrust Mortgage
Mortgage Due Nov 01, 2047
Sold Oct 19, 1999
$60,000
3424 Nicollet Avenue 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 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3424 Nicollet Avenue has 1,074 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 1,700. In total, the area measurement of the land is 6,970 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. 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 D. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. As for heating, the home is utilizing a gravity heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3424 Nicollet Avenue sold most recently in Oct 10, 2017 for a total of $140,000. If you work out the math, that's approximately a cost of $130.35 per sqft. Before that, the property was also sold for $60,000 in Oct 11, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,385 in taxes each year. 3424 Nicollet Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $200,000. If we break it down further, the land itself was valued at $89,000. Improvements to the property, however, were assessed at a total of $111,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can 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: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 624
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,074
  • Building Area: 1,074
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 1,074
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK ADDN TO MPLS
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 007 001 PARK ADDN TO MPLS 40.00 X 170.00

Ownership

  • Current Owner : AGUDO CHICO DIANA VERONICA
  • Previous Owner : HERRERA JOSE M
  • Previous Owner 2: HERRERA CARRIE
  • Owner Before Previous Owner: AMERIQUEST MTG CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 109300

Zoning

  • Zoning: OR1

Geography

  • Assessors Map Reference: MB:23650
  • District: 01
  • Parcel: 03-028-24-31-0009
  • Block: 1
  • Lot: 7
  • Meridian: SEC 03 QTR 31 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9405
  • Longitude: -93.2785

    Address

  • Full Address: 3424 Nicollet Ave
  • Address - House Number: 3424
  • Address - Street Name: Nicollet
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 4552
  • Zip Code: 55408

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,385

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 214,601
  • High Value: 249,873
  • Low Value: 179,330

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,464
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 27, 2017
  • First Open Lien Mortgage Loan Amount: $137,464
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2047

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $89,000
  • Market Improvement Value: $111,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $200,000
  • Assessed Land Value: $89,000
  • Assessed Improvements Value: $111,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 10, 2017
  • Current Sale Recording Date: Oct 27, 2017
  • Current Sale Transaction ID: 11299045882
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10497776
  • Previous Sale Recording Date: Oct 19, 1999
  • Previous Sale Contract Date: Oct 11, 1999
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Oct 27, 2017
  • First Mortgage Loan Amount: $137,464
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2047

About Powderhorn



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3133 Grand Avenue S, Minneapolis, MN, 55408

$1,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,344 ft²
3133 Grand Avenue S, Minneapolis, MN, 55408 Listing by Austin Housh
Unit for rent at 2744 Fremont Avenue S, Minneapolis, MN, 55408

$1,995 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
2744 Fremont Avenue S #1, Minneapolis, MN, 55408 Listing by Timothy Carson

Frequently Asked Questions

What neighborhood is 3424 Nicollet Avenue located in?
The 3424 Nicollet Avenue is a located in the neighborhood of Lyndale in Powderhorn, Minneapolis.
What is the average sales price for listings in 3424 Nicollet Avenue?
The average sales price for units in 3424 Nicollet Avenue is $0 currently.

Quantcast