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4030 Cedar Avenue

4030 Cedar Avenue, Minneapolis, MN 55407
Property in Bancroft
Sold May 05, 2021
Transfer
$346,606 by Wintrust Mortgage
Mortgage Due May 01, 2051
Sold Apr 02, 2015
$233,932
$229,695 by Us Bank Na
Mortgage Due Apr 01, 2045
4030 Cedar Avenue 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 1908 and is 116 years old. The home has a total of 9 rooms. 4 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, 4030 Cedar Avenue has 1,926 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 700 ft. The area measurement of the land has been determined as 8,712 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 asphalt. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a forced air unit. Prior to that sales transaction, the property was also sold in Apr 1, 2015 for $233,932. 4030 Cedar Avenue was last assessed in 2022. The total value of the property was assessed at $352,000. Specifically, the land the property is located on was valued at $89,000. While improvements on the property were assessed at a total of $263,000. 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 $4,450. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1908
  • Effective Year Built: 1908
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,180
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,985
  • Gross Building Area: 1,985
  • Building Area: 1,985
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,926
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VIKING HEIGHTS
  • Land Acres: 0.2
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 001 VIKING HEIGHTS LOT 1 AND N 30 FT OF LOT 2 70.00 X 122.00

Ownership

  • Current Owner : SWAMY STEVEN
  • Previous Owner : LONDON ELISABETH P
  • Previous Owner 2: LONDON LARS G
  • Owner Before Previous Owner: HARVESTER INVESTORS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2B

Geography

  • Assessors Map Reference: MB:16130
  • District: 01
  • Parcel: 11-028-24-14-0190
  • Block: 1
  • Lot: 1-2,70
  • Meridian: SEC 11 QTR 14 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9295
  • Longitude: -93.2477

    Address

  • Full Address: 4030 Cedar Ave S
  • Address - House Number: 4030
  • Street Segment Direction: S
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C015
  • 4-Digit Zip Code: 3431
  • Zip Code: 55407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,450

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 383,287
  • High Value: 449,324
  • Low Value: 317,250

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $396,215
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $346,606
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051
  • Second Open Lien Mortgage Recording Date: May 05, 2021
  • Second Open Lien Mortgage Loan Amount: $17,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: May 01, 2051
  • Third Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Third Open Lien Mortgage Recording Date: Aug 19, 2022
  • Third Open Lien Mortgage Loan Amount: $32,609
  • Third Open Lien Mortgage Term: 344
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $352,000
  • Market Land Value: $89,000
  • Market Improvement Value: $263,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $352,000
  • Assessed Land Value: $89,000
  • Assessed Improvements Value: $263,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11882272999
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10957188
  • Previous Sale Recording Date: Apr 02, 2015
  • Previous Sale Contract Date: Apr 01, 2015
  • Previous Sale Amount: $233,932
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $346,606
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051
  • Second Mortgage Loan Amount: $17,000

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Apr 02, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $229,695
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2045

About Powderhorn



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Frequently Asked Questions

What neighborhood is 4030 Cedar Avenue located in?
The 4030 Cedar Avenue is a located in the neighborhood of Bancroft in Powderhorn, Minneapolis.
What is the average sales price for listings in 4030 Cedar Avenue?
The average sales price for units in 4030 Cedar Avenue is $0 currently.

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