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4118 Russell Avenue North

4118 Russell Avenue North, Minneapolis, MN 55412
Property in Victory
Sold May 11, 2023
$405,000
$388,000 by United Wholesale Mortgage Llc
Mortgage Due May 01, 2053
Sold Apr 28, 2023
$405,000
4118 Russell Avenue North in Minneapolis, MN was first built in 1912 and is 112 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4118 Russell Avenue North has 1,810 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,280. In total, the area measurement of the land is 5,227 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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, 4118 Russell Avenue North was last sold in Apr 28, 2023 for $405,000. According to our calculations, that's $223.76 per sqft. Prior to that sales transaction, the property was sold for $405,000 in Apr 28, 2023. Current property owners are expected to pay $4,971 in taxes per year. The property on 4118 Russell Avenue North was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $406,000. To break that down further, the land itself was valued at $44,000. While improvements to the property were assessed at a total of $362,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1912
  • Effective Year Built: 1912
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Shape Type: Flat
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 950
  • 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: 1,810
  • Building Area: 1,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THORPE BROS WILLIAM PENN ADDN
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 020 002 THORPE BROS WILLIAM PENN ADDN 40.00 X 128.00

Ownership

  • Current Owner : SANTIAGO OMAR ZAYAS
  • Current Owner 2: SOVIK BRADLEY
  • Previous Owner : LARSON SCARLETT R
  • Previous Owner 2: LARSON ERIC D
  • Owner Before Previous Owner: HELMIN ERIN
  • Owner Before Previous Owner 2: LARSON SCARLETT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 000300

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:13900
  • District: 01
  • Parcel: 05-029-24-14-0049
  • Block: 2
  • Lot: 20
  • Meridian: SEC 05 QTR 14 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 45.0301
  • Longitude: -93.3107

    Address

  • Full Address: 4118 Russell Ave N
  • Address - House Number: 4118
  • Street Segment Direction: N
  • Address - Street Name: Russell
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C018
  • 4-Digit Zip Code: 1548
  • Zip Code: 55412

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,971

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 399,667
  • High Value: 465,156
  • Low Value: 334,179

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 11, 2023
  • First Open Lien Mortgage Loan Amount: $388,000
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $406,000
  • Market Land Value: $44,000
  • Market Improvement Value: $362,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $406,000
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $362,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Transaction ID: 11906773939
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11200201
  • Previous Sale Recording Date: Apr 28, 2023
  • Previous Sale Contract Date: Apr 28, 2023
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: May 11, 2023
  • First Mortgage Loan Amount: $388,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Transaction Date: Apr 28, 2023
  • Previous Mortgage Loan Amount: $395,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Camden



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Frequently Asked Questions

What neighborhood is 4118 Russell Avenue North located in?
The 4118 Russell Avenue North is a located in the neighborhood of Victory in Camden, Minneapolis.
What is the average sales price for listings in 4118 Russell Avenue North?
The average sales price for units in 4118 Russell Avenue North is $0 currently.

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