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424 7th Avenue Northeast

424 7th Avenue Northeast, Minneapolis, MN 55413
Property in St. Anthony West
Sold Nov 09, 2022
$520,000
$468,000 by Luminate Home Loans Inc
Mortgage Due Dec 01, 2052
Sold Jan 26, 2012
Transfer
Local assessors in Minneapolis, MN have categorized 424 7th Avenue Northeast as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 3,920 square feet. The linear feet between the front and back of the lot was measured at 860 ft and the front of the lot was measured at 460 ft. 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 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 424 7th Avenue Northeast has a total of 1,514 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 garage underground or in the basement for those who need a place to park their vehicle. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. 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 wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 424 7th Avenue Northeast sold most recently in Oct 13, 2022 for a total of $520,000. If you work out the math, that's approximately a cost of $343.46 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,782 in taxes each year. 424 7th Avenue Northeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $272,000. If we break it down further, the land itself was valued at $118,000. Improvements to the property, however, were assessed at a total of $154,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 552
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,514
  • Building Area: 1,514
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,514
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: A M REIDS SUB NELY 1/2 BLK 4 ST ANTHY
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A M REIDS SUB NELY 1/2 BLK 4 ST ANTHY NWLY 46 FT OF LOTS 11 AND 12 46.00 X 86.00

Ownership

  • Current Owner : DUKATZ JOHN
  • Previous Owner : MANNING JONATHAN T
  • Previous Owner 2: MANNING MARJORIE M
  • Owner Before Previous Owner: GMAC MORTGAGE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 103000

Zoning

  • Zoning: R2B

Geography

  • Assessors Map Reference: MB:03600
  • District: 01
  • Parcel: 14-029-24-31-0142
  • Block: 4
  • Lot: 11-12
  • Meridian: SEC 14 QTR 31 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9965
  • Longitude: -93.259

    Address

  • Full Address: 424 7th Ave Ne
  • Address - House Number: 424
  • Street Segment Direction: NE
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C009
  • 4-Digit Zip Code: 2029
  • Zip Code: 55413

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,782

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 388,052
  • High Value: 452,781
  • Low Value: 323,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,000
  • First Open Lien Mortgage Lender: LUMINATE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 09, 2022
  • First Open Lien Mortgage Loan Amount: $468,000
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $272,000
  • Market Land Value: $118,000
  • Market Improvement Value: $154,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $272,000
  • Assessed Land Value: $118,000
  • Assessed Improvements Value: $154,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • Current Sale Transaction ID: 11899432374
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11161365
  • Previous Sale Recording Date: Jan 26, 2012
  • Previous Sale Contract Date: Jan 14, 2012
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUMINATE HOME LOANS INC
  • First Mortgage Transaction Date: Nov 09, 2022
  • First Mortgage Loan Amount: $468,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

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Frequently Asked Questions

What neighborhood is 424 7th Avenue Northeast located in?
The 424 7th Avenue Northeast is a located in the neighborhood of St. Anthony West in Northeast Minneapolis, Minneapolis.
What is the average sales price for listings in 424 7th Avenue Northeast?
The average sales price for units in 424 7th Avenue Northeast is $0 currently.

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