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3937 41st Avenue South

3937 41st Avenue South, Minneapolis, MN 55406
Property in Howe
Refi Jun 16, 2021
Transfer
$105,500 by Alerus Financial Na
Mortgage Due Jul 01, 2051
Local assessors in Minneapolis, MN have categorized 3937 41st Avenue South 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 5,227 square feet. The linear feet between the front and back of the lot was measured at 1,280 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. 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 3937 41st Avenue South has a total of 896 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 - C-. The building has a gable style roof that was made of asphalt. Lots of stucco 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. 3937 41st Avenue South was last assessed in 2022. The total value of the property was assessed at $297,000. Specifically, the land the property is located on was valued at $120,000. While improvements on the property were assessed at a total of $177,000. 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 $3,753. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1
  • 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: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 896
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 896
  • Building Area: 896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAWNDALE
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 021 015 LAWNDALE 40 X 128

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 110400

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:19860
  • District: 01
  • Parcel: 07-028-23-12-0225
  • Block: 15
  • Lot: 21
  • Meridian: SEC 07 QTR 12 TWN 028 RNG 23
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9313
  • Longitude: -93.2136

    Address

  • Full Address: 3937 41st Ave S
  • Address - House Number: 3937
  • Street Segment Direction: S
  • Address - Street Name: 41st
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 3404
  • Zip Code: 55406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,753

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 325,394
  • High Value: 376,313
  • Low Value: 274,476

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $105,500
  • First Open Lien Mortgage Lender: ALERUS FINANCIAL NA
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Loan Amount: $105,500
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $297,000
  • Market Land Value: $120,000
  • Market Improvement Value: $177,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $297,000
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $177,000

    Exemptions

  • Homeowner Exemption: Yes

About Longfellow



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Frequently Asked Questions

What neighborhood is 3937 41st Avenue South located in?
The 3937 41st Avenue South is a located in the neighborhood of Howe in Longfellow, Minneapolis.
What is the average sales price for listings in 3937 41st Avenue South?
The average sales price for units in 3937 41st Avenue South is $0 currently.

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