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3916 18th Avenue South

3916 18th Avenue South, Minneapolis, MN 55407
Property in Bancroft
Sold Sep 24, 2020
$391,515
$361,000 by Bell Bank
Mortgage Due Sep 01, 2050
Sold Mar 06, 2018
$347,000
$338,679 by Waterstone Mortgage Corp
Mortgage Due Mar 01, 2048
3916 18th Avenue South 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 1915 and is 109 years old. The home has a total of 6 rooms. 3 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, 3916 18th Avenue South has 1,284 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 1,220 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 5,663 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 mixed used 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 gable style roof made of metal. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3916 18th Avenue South sold most recently in Aug 10, 2020 for a total of $391,515. If you work out the math, that's approximately a cost of $304.92 per sqft. Before that, the property was also sold for $347,000 in Feb 7, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,070 in taxes each year. 3916 18th Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $373,000. If we break it down further, the land itself was valued at $96,000. Improvements to the property, however, were assessed at a total of $277,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: Metal
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 636
  • Garage Type: Mixed use
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,284
  • Building Area: 1,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONROE BROS SUBD OF LOTS HERRICK HAML
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 005 010 MONROE BROS SUBD OF LOTS HERRICK HAML 46.00 X 122.00

Ownership

  • Current Owner : JANSSEN KRAGNESS ANTHONY
  • Current Owner 2: KRAGNESS KEITH JANSSEN
  • Previous Owner : KENNEDY ALEXANDER SERNICK
  • Previous Owner 2: KENNEDY CHRISTINE SERNICK
  • Owner Before Previous Owner: PARAMOUNT INVESTMENT GROUP LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 110100

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:15530
  • District: 01
  • Parcel: 11-028-24-11-0153
  • Block: 10
  • Lot: 5
  • Meridian: SEC 11 QTR 11 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9317
  • Longitude: -93.2489

    Address

  • Full Address: 3916 18th Ave S
  • Address - House Number: 3916
  • Street Segment Direction: S
  • Address - Street Name: 18th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C016
  • 4-Digit Zip Code: 2825
  • Zip Code: 55407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,070

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 408,251
  • High Value: 475,990
  • Low Value: 340,511

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $361,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Sep 24, 2020
  • First Open Lien Mortgage Loan Amount: $361,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $373,000
  • Market Land Value: $96,000
  • Market Improvement Value: $277,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $373,000
  • Assessed Land Value: $96,000
  • Assessed Improvements Value: $277,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Transaction ID: 11790526128
  • Current Sale Price: $391,515
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10843956
  • Previous Sale Recording Date: Mar 06, 2018
  • Previous Sale Contract Date: Feb 07, 2018
  • Previous Sale Amount: $347,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Sep 24, 2020
  • First Mortgage Loan Amount: $361,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WATERSTONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 06, 2018
  • Previous Mortgage Loan Amount: $338,679
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About Powderhorn



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Nearby Rentals

Unit for rent at 3515 2nd Avenue S, Minneapolis, MN, 55408

$1,695 /mo

  • 3 Beds
  • 1 Bath
  • 900 ft²
3515 2nd Avenue S #202, Minneapolis, MN, 55408 Listing by Benjamin C Swayze

Frequently Asked Questions

What neighborhood is 3916 18th Avenue South located in?
The 3916 18th Avenue South is a located in the neighborhood of Bancroft in Powderhorn, Minneapolis.
What is the average sales price for listings in 3916 18th Avenue South?
The average sales price for units in 3916 18th Avenue South is $0 currently.

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