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4416 16th Avenue South

4416 16th Avenue South, Minneapolis, MN 55407
House in Northrup
Sold Mar 21, 2022
$355,000
$337,250 by Broker Solutions Inc
Mortgage Due Mar 01, 2052
Sold Feb 15, 2022
$355,000
$337,250
Mortgage
Local assessors in Minneapolis, MN have categorized 4416 16th Avenue South as a residential type of property. The home was built in 1947 and is 77 years old. 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 1,220 ft and the front of the lot was measured at 450 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 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 4416 16th Avenue South has a total of 960 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. Residents rely on air conditioning for their cooling system. 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. The property was last sold in Feb 15, 2022 for $355,000. That's $369.79 per sqft. Prior to that sales transaction, the property was also sold in Feb 15, 2022 for $355,000. 4416 16th Avenue South was last assessed in 2022. The total value of the property was assessed at $336,000. Specifically, the land the property is located on was valued at $115,000. While improvements on the property were assessed at a total of $221,000. 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 $4,352. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Stone Exterior
Wood Exterior
Block Exterior

Parking

Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 960
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 450
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NYBORGS ADDN TO MPLS
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 005 NYBORGS ADDN TO MPLS 45.00 X 122.00

Ownership

  • Current Owner : HEY JAMES
  • Previous Owner : MENNING DOUGLAS A
  • Previous Owner 2: MENNING STEPHANIE L
  • Owner Before Previous Owner: MENNING DOUGLAS
  • Owner Before Previous Owner 2: MENNING STEPHANIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 011000

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:15590
  • District: 01
  • Parcel: 11-028-24-44-0201
  • Lot: 5
  • Meridian: SEC 11 QTR 44 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9227
  • Longitude: -93.2514

    Address

  • Full Address: 4416 16th Ave S
  • Address - House Number: 4416
  • Street Segment Direction: S
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 3602
  • Zip Code: 55407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,352

    Appraisal Valuation

  • Standard Deviation: 0.1441
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 363,400
  • High Value: 415,797
  • Low Value: 311,004

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,250
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Mar 21, 2022
  • First Open Lien Mortgage Loan Amount: $337,250
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $336,000
  • Market Land Value: $115,000
  • Market Improvement Value: $221,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $336,000
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $221,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 15, 2022
  • Current Sale Recording Date: Mar 21, 2022
  • Current Sale Transaction ID: 11884166819
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5930602
  • Previous Sale Recording Date: Feb 15, 2022
  • Previous Sale Contract Date: Feb 15, 2022
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Mar 21, 2022
  • First Mortgage Loan Amount: $337,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: Feb 15, 2022
  • Previous Mortgage Loan Amount: $337,250
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 4416 16th Avenue South located in?
The 4416 16th Avenue South is a house located in the neighborhood of Northrup in Nokomis, Minneapolis.
What is the average sales price for listings in 4416 16th Avenue South?
The average sales price for units in 4416 16th Avenue South is $0 currently.

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