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4615 Emerson Avenue South

4615 Emerson Avenue South, Minneapolis, MN 55419
Property in Lynnhurst
Sold May 21, 2021
$1,237,000
$989,600 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2051
Sold Aug 15, 2013
$900,500
$850,000 by Bank Of America Na
Mortgage Due Aug 01, 2028
4615 Emerson Avenue South in Minneapolis, MN was first built in 1900 and is 124 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 14 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 4615 Emerson Avenue South has 3,369 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 800 ft and the linear feet between the front and back of the lot is 1,290. In total, the area measurement of the land is 10,454 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable 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 stucco. 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 hot water heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 4615 Emerson Avenue South sold most recently in May 7, 2021 for a total of $1,237,000. If you work out the math, that's approximately a cost of $367.17 per sqft. Before that, the property was also sold for $900,500 in Jul 22, 2013. 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 $17,816 in taxes each year. 4615 Emerson Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,150,000. If we break it down further, the land itself was valued at $422,000. Improvements to the property, however, were assessed at a total of $728,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1900
  • Effective Year Built: 1900
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Unspecified basement
  • Basement Area: 1,094
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,369
  • Building Area: 3,369
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,369
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RGT FIFTH DIV REMINGTON PARK
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 001 RGT FIFTH DIV REMINGTON PARK LOTS 26 AND 27 80.00 X 129.00

Ownership

  • Current Owner : GANDRUD ANNE E
  • Current Owner 2: DAUNHEIMER BRIAN L
  • Previous Owner : NOVAK BENJAMIN
  • Previous Owner 2: NOVAK ERIN
  • Owner Before Previous Owner: WALKER BRYAN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 010700

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:23890
  • District: 01
  • Parcel: 16-028-24-12-0013
  • Block: 1
  • Lot: 26-27
  • Meridian: SEC 16 QTR 12 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.919
  • Longitude: -93.2944

    Address

  • Full Address: 4615 Emerson Ave S
  • Address - House Number: 4615
  • Street Segment Direction: S
  • Address - Street Name: Emerson
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C028
  • 4-Digit Zip Code: 5339
  • Zip Code: 55419

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,816

    Appraisal Valuation

  • Standard Deviation: 0.1398
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 1,320,812
  • High Value: 1,505,512
  • Low Value: 1,136,113

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,979,200
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 21, 2021
  • First Open Lien Mortgage Loan Amount: $989,600
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Loan Amount: $989,600
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $1,150,000
  • Market Land Value: $422,000
  • Market Improvement Value: $728,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,150,000
  • Assessed Land Value: $422,000
  • Assessed Improvements Value: $728,000

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Transaction ID: 11837748519
  • Current Sale Price: $1,237,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05838728
  • Previous Sale Recording Date: Aug 15, 2013
  • Previous Sale Contract Date: Jul 22, 2013
  • Previous Sale Amount: $900,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 21, 2021
  • First Mortgage Loan Amount: $989,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 15, 2013
  • Previous Mortgage Loan Amount: $850,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2028

About Southwest Minneapolis



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Frequently Asked Questions

What neighborhood is 4615 Emerson Avenue South located in?
The 4615 Emerson Avenue South is a located in the neighborhood of Lynnhurst in Southwest Minneapolis, Minneapolis.
What is the average sales price for listings in 4615 Emerson Avenue South?
The average sales price for units in 4615 Emerson Avenue South is $0 currently.

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