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3705 Main Street

3705 Main Street, Minneapolis, MN 55421
Property in Columbia Heights
Sold Jun 18, 2021
$270,000
$261,495 by Lake Area Mortgage
Mortgage Due Jul 01, 2051
Sold Nov 02, 2020
$241,000
$216,900 by United Wholesale Mortgage
Mortgage Due Nov 01, 2050
3705 Main Street 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 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 1972. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 1 stories. In addition, 3705 Main Street has 913 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 1,300 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,200 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 garage for those who require parking. 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. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3705 Main Street was last sold in Jun 17, 2021 for $270,000. According to our calculations, that's $295.73 per sqft. Prior to that sales transaction, the property was sold for $241,000 in Oct 30, 2020. Current property owners are expected to pay $3,207 in taxes per year. The property on 3705 Main Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $239,400. To break that down further, the land itself was valued at $82,800. While improvements to the property were assessed at a total of $156,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1972
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,200
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 913
  • Building Area: 913
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 913
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLUMBIA HEIGHTS ANNEX
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COLUMBIA HEIGHTS ANNEX TO MINNEAPOLIS,ANOKA COUNTY, MINNESOTA LOT 17 BLK 94 COL HTS ANNEX

Ownership

  • Current Owner : VARGAS ERICKA M RIVAS
  • Current Owner 2: VARGAS ALICIA L
  • Previous Owner : MULLEN JOHN
  • Previous Owner 2: MULLEN DEBRA
  • Owner Before Previous Owner: SCHMIT PATRICK K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Columbia Heights Public School District
  • Census Tract: 051400

Geography

  • Assessors Map Reference: 33365
  • Parcel: 35-30-24-33-0156
  • Block: 94
  • Lot: 17
  • Meridian: SEC 35 TWN 30N RNG 24W
  • Municipality: COLUMBIA HEIGHTS
  • Latitude: 45.0358
  • Longitude: -93.2674

    Address

  • Full Address: 3705 Main St Ne
  • Address - House Number: 3705
  • Street Segment Direction: NE
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C023
  • 4-Digit Zip Code: 3753
  • Zip Code: 55421

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,207

    Appraisal Valuation

  • Standard Deviation: 0.1126
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 88
  • Final Value: 265,834
  • High Value: 295,778
  • Low Value: 235,889

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $522,990
  • First Open Lien Mortgage Lender: LAKE AREA MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $261,495
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Loan Amount: $261,495
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $239,400
  • Market Land Value: $82,800
  • Market Improvement Value: $156,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $239,400
  • Assessed Land Value: $82,800
  • Assessed Improvements Value: $156,600

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11845194112
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A2323751.001
  • Previous Sale Recording Date: Nov 02, 2020
  • Previous Sale Contract Date: Oct 30, 2020
  • Previous Sale Amount: $241,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKE AREA MORTGAGE
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $261,495
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051
  • Second Mortgage Lender: LAKE AREA MORTGAGE
  • Second Mortgage Transaction Date: Jun 18, 2021
  • Second Mortgage Loan Amount: $261,495
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Balloon
  • Second Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Nov 02, 2020
  • Previous Mortgage Loan Amount: $216,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Columbia Heights



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Frequently Asked Questions

What neighborhood is 3705 Main Street located in?
The 3705 Main Street is a located in the neighborhood of Columbia Heights in Columbia Heights, Minneapolis.
What is the average sales price for listings in 3705 Main Street?
The average sales price for units in 3705 Main Street is $0 currently.

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