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3930 51st Avenue North

3930 51st Avenue North, Minneapolis, MN 55429
Property in Brooklyn Center
Sold Jan 03, 2017
$224,900
$196,900 by Bell Bank
Mortgage Due Jan 01, 2047
Sold Jun 25, 2014
$204,000
$208,386 by Bell State Bank & Trust
Mortgage Due Jun 01, 2044
Local assessors in Minneapolis, MN have categorized 3930 51st Avenue North as a residential type of property. The home was built in 1991 and is 33 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 12,632 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is one full bathroom. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 3930 51st Avenue North has a total of 1,118 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 attached garage for those who need a place to park their vehicle. The garage on the property is 570 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back 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 frame 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 gable style roof that was made of asphalt. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. 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, 3930 51st Avenue North sold most recently in Dec 28, 2016 for a total of $224,900. If you work out the math, that's approximately a cost of $201.16 per sqft. Before that, the property was also sold for $204,000 in May 30, 2014. 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 $5,370 in taxes each year. 3930 51st Avenue North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $319,000. If we break it down further, the land itself was valued at $69,000. Improvements to the property, however, were assessed at a total of $250,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1991
  • Effective Year Built: 2000
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Composition
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 805
  • Garage Type: Attached
  • Garage Square Area: 570
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,390
  • Total Building Area: 1,118
  • Gross Building Area: 1,923
  • Building Area: 1,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,118
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TWIN VIEW MEADOWS
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 012 001 TWIN VIEW MEADOWS SW72X139X89X145

Ownership

  • Current Owner : NICHOLS JACLYN
  • Current Owner 2: NICHOLS DAVID
  • Previous Owner : YANG KONG MENG
  • Previous Owner 2: VUE NALEE
  • Owner Before Previous Owner: WOODARD CHRISTOPHER M
  • Owner Before Previous Owner 2: WOODARD HANNAH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Robbinsdale Public School District
  • School Tax School District: ROBBINSDALE
  • Census Tract: 020400

Geography

  • Assessors Map Reference: MB:04615
  • District: 22
  • Parcel: 10-118-21-24-0017
  • Block: 1
  • Lot: 12
  • Meridian: SEC 10 QTR 24 TWN 118 RNG 21
  • Municipality: BROOKLYN CENTER
  • Latitude: 45.0476
  • Longitude: -93.3332

    Address

  • Full Address: 3930 51st Ave N
  • Address - House Number: 3930
  • Street Segment Direction: N
  • Address - Street Name: 51st
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C001
  • 4-Digit Zip Code: 3367
  • Zip Code: 55429

Valuation

    Tax

  • Total Area: 2,236
  • Tax Year: 2023
  • Tax Amount: $5,370

    Appraisal Valuation

  • Standard Deviation: 0.1432
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 346,010
  • High Value: 395,560
  • Low Value: 296,460

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,900
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Jan 03, 2017
  • First Open Lien Mortgage Loan Amount: $196,900
  • 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: Jan 01, 2047

    Market Valuation

  • Market Total Value: $319,000
  • Market Land Value: $69,000
  • Market Improvement Value: $250,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $319,000
  • Assessed Land Value: $69,000
  • Assessed Improvements Value: $250,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2016
  • Current Sale Recording Date: Jan 03, 2017
  • Current Sale Transaction ID: 1806511430
  • Current Sale Price: $224,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10397736
  • Previous Sale Recording Date: Jun 25, 2014
  • Previous Sale Contract Date: May 30, 2014
  • Previous Sale Amount: $204,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Jan 03, 2017
  • First Mortgage Loan Amount: $196,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: BELL STATE BANK & TRUST
  • Previous Mortgage Transaction Date: Jun 25, 2014
  • Previous Mortgage Loan Amount: $208,386
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2044

About Robbinsdale - Crystal - New Hope



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Frequently Asked Questions

What neighborhood is 3930 51st Avenue North located in?
The 3930 51st Avenue North is a located in the neighborhood of Brooklyn Center in Robbinsdale - Crystal - New Hope, Minneapolis.
What is the average sales price for listings in 3930 51st Avenue North?
The average sales price for units in 3930 51st Avenue North is $0 currently.

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