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4081 Toledo Avenue South

4081 Toledo Avenue South, Minneapolis, MN 55416
Property in Browndale
Sold Sep 26, 2019
$275,000
$60,000 by Prosperity Home Mortgage Llc
Mortgage Due Oct 01, 2049
Sold Nov 13, 1997
$120,500
Local assessors in Minneapolis, MN have categorized 4081 Toledo Avenue South as a residential type of property. The home was built in 1951 and is 73 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 5,663 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 is also a partial bathroom. 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 4081 Toledo Avenue South has a total of 934 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 720 sqft. There are 6 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. 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. The building has a hip style roof that was made of asphalt. Lots of materials we are unsure of 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 4081 Toledo Avenue South was last sold in Sep 25, 2019 for $275,000. According to our calculations, that's $294.43 per sqft. Prior to that sales transaction, the property was sold for $120,500 in Aug 22, 1997. Current property owners are expected to pay $5,296 in taxes per year. The property on 4081 Toledo Avenue South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $397,600. To break that down further, the land itself was valued at $210,500. While improvements to the property were assessed at a total of $187,100. 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: 1951
  • Effective Year Built: 1995
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 467
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 6
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 400
  • Total Building Area: 934
  • Gross Building Area: 1,401
  • Building Area: 934
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 934
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROWNDALE
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 020 001 BROWNDALE 40 X 137

Ownership

  • Current Owner : MARINOVICH MARA
  • Previous Owner : RASMUSSEN JAMES
  • Owner Before Previous Owner: STOLBERG TIMOTHY D
  • Owner Before Previous Owner 2: STOLBERG MARIAN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: St. Louis Park Public School District
  • School Tax School District: ST LOUIS PARK
  • Census Tract: 022902

Geography

  • Assessors Map Reference: MB:50600
  • District: 46
  • Parcel: 07-028-24-23-0052
  • Block: 1
  • Lot: 20
  • Meridian: SEC 07 QTR 23 TWN 028 RNG 24
  • Municipality: ST. LOUIS PARK
  • Latitude: 44.9277
  • Longitude: -93.3466

    Address

  • Full Address: 4081 Toledo Ave S
  • Address - House Number: 4081
  • Street Segment Direction: S
  • Address - Street Name: Toledo
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C041
  • 4-Digit Zip Code: 2902
  • Zip Code: 55416

Valuation

    Tax

  • Total Area: 1,868
  • Tax Year: 2023
  • Tax Amount: $5,296

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 401,616
  • High Value: 467,968
  • Low Value: 335,264

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 26, 2019
  • First Open Lien Mortgage Loan Amount: $60,000
  • 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, 2049

    Market Valuation

  • Market Total Value: $397,600
  • Market Land Value: $210,500
  • Market Improvement Value: $187,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $397,600
  • Assessed Land Value: $210,500
  • Assessed Improvements Value: $187,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Sep 26, 2019
  • Current Sale Transaction ID: 11656813475
  • Current Sale Price: $275,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A10706332
  • Previous Sale Recording Date: Nov 13, 1997
  • Previous Sale Contract Date: Aug 22, 1997
  • Previous Sale Amount: $120,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 26, 2019
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

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Frequently Asked Questions

What neighborhood is 4081 Toledo Avenue South located in?
The 4081 Toledo Avenue South is a located in the neighborhood of Browndale in Browndale, Minneapolis.
What is the average sales price for listings in 4081 Toledo Avenue South?
The average sales price for units in 4081 Toledo Avenue South is $0 currently.

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