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4641 3rd Avenue South

4641 3rd Avenue South, Minneapolis, MN 55419
Property in Field
Sold Jan 24, 2020
$307,500
$246,000 by Bell Bank
Mortgage Due Feb 01, 2050
Sold Oct 23, 2015
$275,000
$270,019 by Phh Home Loans Llc
Mortgage Due Nov 01, 2045
4641 3rd Avenue South has been categorized by the local assessors in Minneapolis, MN as a residential type of property. The building on the property was first built in 1924 and is 100 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4641 3rd Avenue South has 1,036 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,270 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,227 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 4641 3rd Avenue South was last sold in Jan 10, 2020 for $307,500. According to our calculations, that's $296.81 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Oct 14, 2015. Current property owners are expected to pay $4,379 in taxes per year. The property on 4641 3rd Avenue South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $332,000. To break that down further, the land itself was valued at $93,000. While improvements to the property were assessed at a total of $239,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1924
  • Effective Year Built: 1924
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 700
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: F A SAVAGES PORTLAND AVE ADDN TO MPLS
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 020 012 F A SAVAGES PORTLAND AVE ADDN TO MPLS 40.00 X 127.00

Ownership

  • Current Owner : WHITE HEATHER
  • Previous Owner : THAI STEVEN R
  • Previous Owner 2: WEGE KEVIN A
  • Owner Before Previous Owner: M & E PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 110900

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:24090
  • District: 01
  • Parcel: 15-028-24-11-0103
  • Block: 12
  • Lot: 20
  • Meridian: SEC 15 QTR 11 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9184
  • Longitude: -93.2724

    Address

  • Full Address: 4641 3rd Ave S
  • Address - House Number: 4641
  • Street Segment Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 5623
  • Zip Code: 55419

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,379

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 358,137
  • High Value: 417,094
  • Low Value: 299,180

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $246,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Jan 24, 2020
  • First Open Lien Mortgage Loan Amount: $246,000
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $332,000
  • Market Land Value: $93,000
  • Market Improvement Value: $239,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $332,000
  • Assessed Land Value: $93,000
  • Assessed Improvements Value: $239,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 10, 2020
  • Current Sale Recording Date: Jan 24, 2020
  • Current Sale Transaction ID: 11721290956
  • Current Sale Price: $307,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10751055
  • Previous Sale Recording Date: Oct 23, 2015
  • Previous Sale Contract Date: Oct 14, 2015
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Jan 24, 2020
  • First Mortgage Loan Amount: $246,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PHH HOME LOANS LLC
  • Previous Mortgage Transaction Date: Oct 23, 2015
  • Previous Mortgage Loan Amount: $270,019
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2045

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Frequently Asked Questions

What neighborhood is 4641 3rd Avenue South located in?
The 4641 3rd Avenue South is a located in the neighborhood of Field in Nokomis, Minneapolis.
What is the average sales price for listings in 4641 3rd Avenue South?
The average sales price for units in 4641 3rd Avenue South is $0 currently.

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