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4740 Nicollet Avenue

4740 Nicollet Avenue, Minneapolis, MN 55419
Property in Tangletown
Sold Jul 01, 2020
$309,900
$300,603 by Alerus Financial Na
Mortgage Due Jun 01, 2050
Sold Jan 22, 2018
$275,000
$255,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2048
4740 Nicollet Avenue in Minneapolis, MN was first built in 1911 and is 113 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4740 Nicollet Avenue has 1,360 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 460 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 5,663 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 is one available parking space. 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, 4740 Nicollet Avenue was last sold in May 29, 2020 for $309,900. According to our calculations, that's $227.87 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Jan 16, 2018. Current property owners are expected to pay $4,459 in taxes per year. The property on 4740 Nicollet Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $355,000. To break that down further, the land itself was valued at $125,000. While improvements to the property were assessed at a total of $230,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1911
  • Effective Year Built: 1911
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 2
  • Basement Type: Unspecified basement
  • Basement Area: 680
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SWANS 2ND ADDN TO MPLS
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 011 008 SWANS 2ND ADDN TO MPLS 46.00 X 125.00

Ownership

  • Current Owner : FRIESEN ALYSSA R
  • Previous Owner : TESTA DANIEL A
  • Previous Owner 2: TESTA KELSEA
  • Owner Before Previous Owner: KEENAN JOHN ZACHARY
  • Owner Before Previous Owner 2: KEENAN CAITLIN LONGLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 110800

Zoning

  • Zoning: OR1

Geography

  • Assessors Map Reference: MB:24370
  • District: 01
  • Parcel: 15-028-24-21-0190
  • Block: 8
  • Lot: 11
  • Meridian: SEC 15 QTR 21 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9165
  • Longitude: -93.2783

    Address

  • Full Address: 4740 Nicollet Ave
  • Address - House Number: 4740
  • Address - Street Name: Nicollet
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C026
  • 4-Digit Zip Code: 5509
  • Zip Code: 55419

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,459

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 382,269
  • High Value: 445,198
  • Low Value: 319,339

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,603
  • First Open Lien Mortgage Lender: ALERUS FINANCIAL NA
  • First Open Lien Mortgage Recording Date: Jul 01, 2020
  • First Open Lien Mortgage Loan Amount: $300,603
  • 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, 2050

    Market Valuation

  • Market Total Value: $355,000
  • Market Land Value: $125,000
  • Market Improvement Value: $230,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $355,000
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $230,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Transaction ID: 11772824611
  • Current Sale Price: $309,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10806614
  • Previous Sale Recording Date: Jan 22, 2018
  • Previous Sale Contract Date: Jan 16, 2018
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALERUS FINANCIAL NA
  • First Mortgage Transaction Date: Jul 01, 2020
  • First Mortgage Loan Amount: $300,603
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jan 22, 2018
  • Previous Mortgage Loan Amount: $255,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2048

About Southwest Minneapolis



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Frequently Asked Questions

What neighborhood is 4740 Nicollet Avenue located in?
The 4740 Nicollet Avenue is a located in the neighborhood of Tangletown in Southwest Minneapolis, Minneapolis.
What is the average sales price for listings in 4740 Nicollet Avenue?
The average sales price for units in 4740 Nicollet Avenue is $0 currently.

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