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3707 1st Avenue South

3707 1st Avenue South, Minneapolis, MN 55409
Property in Kingfield
Sold Mar 09, 2021
$315,000
$283,500 by Caliber Home Loans Inc
Mortgage Due Mar 01, 2051
Sold Oct 28, 2016
$199,900
$189,905 by Baxter Cu
Mortgage Due Nov 01, 2046
Local assessors in Minneapolis, MN have categorized 3707 1st Avenue South as a residential type of property. The home was built in 1906 and is 118 years old. The property's lot size has been calculated to be 4,792 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 380 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3707 1st Avenue South has a total of 1,243 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. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. 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 - C-. The building has a gambrel style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. 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, 3707 1st Avenue South was last sold in Feb 24, 2021 for $315,000. According to our calculations, that's $253.42 per sqft. Prior to that sales transaction, the property was sold for $199,900 in Oct 26, 2016. Current property owners are expected to pay $4,134 in taxes per year. The property on 3707 1st Avenue South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $316,000. To break that down further, the land itself was valued at $99,000. While improvements to the property were assessed at a total of $217,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1906
  • Effective Year Built: 1906
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,243
  • Building Area: 1,243
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,243
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGMAN RIDGWAY & COS ADDN TO MPLS
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 029 001 HIGMAN RIDGWAY & COS ADDN TO MPLS 38 X 132

Ownership

  • Current Owner : HEYING ELIZABETH SCOTT
  • Previous Owner : SACARELOS ZANE
  • Owner Before Previous Owner: RAKUN MICHAEL
  • Owner Before Previous Owner 2: RAKUN ANNY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:22870
  • District: 01
  • Parcel: 03-028-24-43-0126
  • Block: 1
  • Lot: 29
  • Meridian: SEC 03 QTR 43 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9356
  • Longitude: -93.2763

    Address

  • Full Address: 3707 1st Ave S
  • Address - House Number: 3707
  • Street Segment Direction: S
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C058
  • 4-Digit Zip Code: 1317
  • Zip Code: 55409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,134

    Appraisal Valuation

  • Standard Deviation: 0.1666
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 344,572
  • High Value: 402,004
  • Low Value: 287,139

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $567,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 09, 2021
  • First Open Lien Mortgage Loan Amount: $283,500
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Loan Amount: $283,500
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $316,000
  • Market Land Value: $99,000
  • Market Improvement Value: $217,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $316,000
  • Assessed Land Value: $99,000
  • Assessed Improvements Value: $217,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Mar 09, 2021
  • Current Sale Transaction ID: 11826653395
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10927619
  • Previous Sale Recording Date: Oct 28, 2016
  • Previous Sale Contract Date: Oct 26, 2016
  • Previous Sale Amount: $199,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Mar 09, 2021
  • First Mortgage Loan Amount: $283,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BAXTER CU
  • Previous Mortgage Transaction Date: Oct 28, 2016
  • Previous Mortgage Loan Amount: $189,905
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

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Frequently Asked Questions

What neighborhood is 3707 1st Avenue South located in?
The 3707 1st Avenue South is a located in the neighborhood of Kingfield in Southwest Minneapolis, Minneapolis.
What is the average sales price for listings in 3707 1st Avenue South?
The average sales price for units in 3707 1st Avenue South is $0 currently.

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