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3541 Benjamin Street Northeast

3541 Benjamin Street Northeast, Minneapolis, MN 55418
Property in Water Park
Sold Aug 17, 2018
$100,000
$90,000 by Third Federal Savings And Loan
Mortgage Due Jan 19, 2052
Sold Sep 20, 2017
$189,000
$151,200 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2047
Local assessors in Minneapolis, MN have categorized 3541 Benjamin Street Northeast as a residential type of property. The home was built in 1922 and is 102 years old. The property's lot size has been calculated to be 8,712 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 660 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3541 Benjamin Street Northeast has a total of 956 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 detached 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. 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 - D. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Jul 27, 2018 for $100,000. That's $104.60 per sqft. Prior to that sales transaction, the property was also sold in Sep 15, 2017 for $189,000. 3541 Benjamin Street Northeast was last assessed in 2022. The total value of the property was assessed at $246,000. Specifically, the land the property is located on was valued at $108,000. While improvements on the property were assessed at a total of $138,000. 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 $3,457. 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: 1922
  • Effective Year Built: 1922
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 490
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 956
  • Building Area: 956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LIBERTY HEIGHTS ADDN TO MPLS
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 005 002 LIBERTY HEIGHTS ADDN TO MPLS W 1/2 OF LOT 5 66.00 X 132.00

Ownership

  • Current Owner : NORTHEAST MINNEAPOLIS PROPERTIESL L L C
  • Previous Owner : BENJAMIN GRANT S
  • Previous Owner 2: ESTATE OF ARLYS DARIEL BENJAMI
  • Owner Before Previous Owner: ERICSON JAMES H
  • Owner Before Previous Owner 2: ERICSON LORI
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 000603

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:02240
  • District: 01
  • Parcel: 01-029-24-11-0066
  • Block: 2
  • Lot: 5
  • Meridian: SEC 01 QTR 11 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 45.0326
  • Longitude: -93.2291

    Address

  • Full Address: 3541 Benjamin St Ne
  • Address - House Number: 3541
  • Street Segment Direction: NE
  • Address - Street Name: Benjamin
  • Address - Suffix Type: St
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C019
  • 4-Digit Zip Code: 1526
  • Zip Code: 55418

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,457

    Appraisal Valuation

  • Standard Deviation: 0.1827
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 250,450
  • High Value: 296,226
  • Low Value: 204,675

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: THIRD FEDERAL SAVINGS AND LOAN
  • First Open Lien Mortgage Recording Date: Feb 10, 2022
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 19, 2052

    Market Valuation

  • Market Total Value: $246,000
  • Market Land Value: $108,000
  • Market Improvement Value: $138,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $246,000
  • Assessed Land Value: $108,000
  • Assessed Improvements Value: $138,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2018
  • Current Sale Recording Date: Aug 17, 2018
  • Current Sale Transaction ID: 11498958208
  • Current Sale Price: $100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: T05554607
  • Previous Sale Recording Date: Sep 20, 2017
  • Previous Sale Contract Date: Sep 15, 2017
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 20, 2017
  • Previous Mortgage Loan Amount: $151,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About Northeast Minneapolis



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Frequently Asked Questions

What neighborhood is 3541 Benjamin Street Northeast located in?
The 3541 Benjamin Street Northeast is a located in the neighborhood of Water Park in Northeast Minneapolis, Minneapolis.
What is the average sales price for listings in 3541 Benjamin Street Northeast?
The average sales price for units in 3541 Benjamin Street Northeast is $0 currently.

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