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3516 Pillsbury Avenue

3516 Pillsbury Avenue, Minneapolis, MN 55408
Property in Lyndale
Sold Oct 17, 2022
$580,902
$381,677 by Alerus Financial Na
Mortgage Due Nov 01, 2052
Sold Oct 14, 2022
$508,903
$381,677
Mortgage
3516 Pillsbury Avenue 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 1960 and is 64 years old. The home has a total of 8 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3516 Pillsbury Avenue has 1,500 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 1,670 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 6,534 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 are a total of 2 available parking spaces. 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 hip style roof made of asphalt. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a forced air unit. The property was last sold in Oct 14, 2022 for $580,902. That's $387.27 per sqft. Prior to that sales transaction, the property was also sold in Oct 14, 2022 for $508,903. 3516 Pillsbury Avenue was last assessed in 2022. The total value of the property was assessed at $399,000. Specifically, the land the property is located on was valued at $130,000. While improvements on the property were assessed at a total of $269,000. 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 $6,735. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1960
  • Effective Year Built: 1960
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,500
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK ADDN TO MPLS
  • Land Acres: 0.15
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 005 004 PARK ADDN TO MPLS LOT 5 AND ADJ 20 FT OF PILLSBURY AVE VAC 40.00 X 167.00

Ownership

  • Current Owner : KAAI NACOLE
  • Current Owner 2: POTHEN MITCHEL
  • Previous Owner : BERG MICHAEL
  • Previous Owner 2: BERG KELSEY
  • Owner Before Previous Owner: BERG MICHAEL
  • Owner Before Previous Owner 2: BERG KELSEY
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R2B

Geography

  • Assessors Map Reference: MB:23650
  • District: 01
  • Parcel: 03-028-24-31-0107
  • Block: 4
  • Lot: 5
  • Meridian: SEC 03 QTR 31 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.939
  • Longitude: -93.2817

    Address

  • Full Address: 3516 Pillsbury Ave S
  • Address - House Number: 3516
  • Street Segment Direction: S
  • Address - Street Name: Pillsbury
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 4329
  • Zip Code: 55408

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,735

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 472,355
  • High Value: 551,366
  • Low Value: 393,345

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $763,354
  • First Open Lien Mortgage Lender: ALERUS FINANCIAL NA
  • First Open Lien Mortgage Recording Date: Oct 17, 2022
  • First Open Lien Mortgage Loan Amount: $381,677
  • 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: Nov 01, 2052
  • Second Open Lien Mortgage Recording Date: Oct 14, 2022
  • Second Open Lien Mortgage Loan Amount: $381,677
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 14, 2052

    Market Valuation

  • Market Total Value: $399,000
  • Market Land Value: $130,000
  • Market Improvement Value: $269,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $399,000
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $269,000

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Transaction ID: 11898762567
  • Current Sale Price: $580,902
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11154995
  • Previous Sale Recording Date: Oct 14, 2022
  • Previous Sale Contract Date: Oct 14, 2022
  • Previous Sale Amount: $508,903
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALERUS FINANCIAL NA
  • First Mortgage Transaction Date: Oct 17, 2022
  • First Mortgage Loan Amount: $381,677
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: Oct 14, 2022
  • Previous Mortgage Loan Amount: $381,677
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 3516 Pillsbury Avenue located in?
The 3516 Pillsbury Avenue is a located in the neighborhood of Lyndale in Powderhorn, Minneapolis.
What is the average sales price for listings in 3516 Pillsbury Avenue?
The average sales price for units in 3516 Pillsbury Avenue is $0 currently.

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