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4040 Regent Avenue

4040 Regent Avenue, Minneapolis, MN 55422
Property in Robbinsdale
Sold Nov 05, 2020
$280,000
$266,000 by United Wholesale Mortgage
Mortgage Due Oct 01, 2050
Sold Jun 03, 2004
$187,500
Local assessors in Minneapolis, MN have categorized 4040 Regent Avenue as a residential type of property. The home was built in 1944 and is 80 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow 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, 4 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. This is a 1 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 4040 Regent Avenue has a total of 946 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. The garage on the property is 528 sqft. 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 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 wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. 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. 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, 4040 Regent Avenue was last sold in Sep 14, 2020 for $280,000. According to our calculations, that's $295.98 per sqft. Prior to that sales transaction, the property was sold for $187,500 in May 7, 2004. Current property owners are expected to pay $3,751 in taxes per year. The property on 4040 Regent Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $288,000. To break that down further, the land itself was valued at $106,000. While improvements to the property were assessed at a total of $182,000. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1944
  • Effective Year Built: 1980
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 379
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 946
  • Gross Building Area: 1,325
  • Building Area: 946
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 946
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROBBINSDALE PARK
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 021 014 ROBBINSDALE PARK 50 X 150

Ownership

  • Current Owner : OKESON MICHAEL J
  • Current Owner 2: OKESON BRYNN K
  • Previous Owner : SMITH JASON C
  • Previous Owner 2: SMITH STEPHANIE J
  • Owner Before Previous Owner: JOHNSTON CAROLINE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Robbinsdale Public School District
  • School Tax School District: ROBBINSDALE
  • Census Tract: 021300

Geography

  • Assessors Map Reference: MB:49140
  • District: 44
  • Parcel: 06-029-24-24-0124
  • Block: 14
  • Lot: 21
  • Meridian: SEC 06 QTR 24 TWN 029 RNG 24
  • Municipality: ROBBINSDALE
  • Latitude: 45.029
  • Longitude: -93.3439

    Address

  • Full Address: 4040 Regent Ave N
  • Address - House Number: 4040
  • Street Segment Direction: N
  • Address - Street Name: Regent
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C015
  • 4-Digit Zip Code: 1715
  • Zip Code: 55422

Valuation

    Tax

  • Total Area: 1,703
  • Tax Year: 2023
  • Tax Amount: $3,751

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 307,826
  • High Value: 360,329
  • Low Value: 255,324

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $546,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 05, 2020
  • First Open Lien Mortgage Loan Amount: $266,000
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Loan Amount: $280,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $288,000
  • Market Land Value: $106,000
  • Market Improvement Value: $182,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $288,000
  • Assessed Land Value: $106,000
  • Assessed Improvements Value: $182,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Nov 05, 2020
  • Current Sale Transaction ID: 11802464991
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05766516
  • Previous Sale Recording Date: Jun 03, 2004
  • Previous Sale Contract Date: May 07, 2004
  • Previous Sale Amount: $187,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 05, 2020
  • First Mortgage Loan Amount: $266,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Robbinsdale - Crystal - New Hope



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Frequently Asked Questions

What neighborhood is 4040 Regent Avenue located in?
The 4040 Regent Avenue is a located in the neighborhood of Robbinsdale in Robbinsdale - Crystal - New Hope, Minneapolis.
What is the average sales price for listings in 4040 Regent Avenue?
The average sales price for units in 4040 Regent Avenue is $0 currently.

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