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3435 Fremont Avenue North

3435 Fremont Avenue North, Minneapolis, MN 55412
Property in Folwell
Sold Sep 15, 2021
$200,000
$194,037 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2051
Sold Feb 12, 2003
$125,000
3435 Fremont Avenue North has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1909 and is 115 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3435 Fremont Avenue North has 1,396 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,270 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,227 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a hot water heating system. The property was last sold in Sep 13, 2021 for $200,000. That's $143.27 per sqft. Prior to that sales transaction, the property was also sold in Jan 16, 2003 for $125,000. 3435 Fremont Avenue North was last assessed in 2022. The total value of the property was assessed at $185,000. Specifically, the land the property is located on was valued at $12,000. While improvements on the property were assessed at a total of $173,000. 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 $2,172. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1909
  • Effective Year Built: 1909
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 698
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,396
  • Building Area: 1,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEAN PARK
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 007 004 DEAN PARK 40 X 127

Ownership

  • Current Owner : SCHROEDER BRIAN T
  • Previous Owner : SCHERBING RAYMOND G
  • Previous Owner 2: SCHERBING CINDY L
  • Owner Before Previous Owner: MORGAN SHYM A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 100900

Zoning

  • Zoning: R2B

Geography

  • Assessors Map Reference: MB:12580
  • District: 01
  • Parcel: 09-029-24-12-0096
  • Block: 4
  • Lot: 7
  • Meridian: SEC 09 QTR 12 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 45.0178
  • Longitude: -93.2959

    Address

  • Full Address: 3435 Fremont Ave N
  • Address - House Number: 3435
  • Street Segment Direction: N
  • Address - Street Name: Fremont
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 2406
  • Zip Code: 55412

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,172

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 213,388
  • High Value: 253,069
  • Low Value: 173,707

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $410,772
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 15, 2021
  • First Open Lien Mortgage Loan Amount: $194,037
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Loan Amount: $196,377
  • Second Open Lien Mortgage Position: 2
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Aug 17, 2023
  • Third Open Lien Mortgage Loan Amount: $20,358
  • Third Open Lien Mortgage Term: 337
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $185,000
  • Market Land Value: $12,000
  • Market Improvement Value: $173,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $185,000
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $173,000

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Transaction ID: 11857231829
  • Current Sale Price: $200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A11017711
  • Previous Sale Recording Date: Feb 12, 2003
  • Previous Sale Contract Date: Jan 16, 2003
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 15, 2021
  • First Mortgage Loan Amount: $194,037
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051
  • Second Mortgage Lender: MINNESOTA HOUSING FINANCE AGEN
  • Second Mortgage Transaction Date: Sep 15, 2021
  • Second Mortgage Loan Amount: $194,037
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Mortgage Loan Due Date: Oct 01, 2051

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Frequently Asked Questions

What neighborhood is 3435 Fremont Avenue North located in?
The 3435 Fremont Avenue North is a located in the neighborhood of Folwell in Camden, Minneapolis.
What is the average sales price for listings in 3435 Fremont Avenue North?
The average sales price for units in 3435 Fremont Avenue North is $0 currently.

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