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4800 Fremont Avenue South

4800 Fremont Avenue South, Minneapolis, MN 55419
Property in Lynnhurst
Sold Oct 21, 2015
$795,000
$1,350,000 by Talle & Associates Inc
Mortgage Due Nov 01, 2045
Sold Apr 13, 2015
$795,000
4800 Fremont 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 1923 and is 101 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4800 Fremont Avenue South has 3,389 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 1,350 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 10,890 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 garage underground or in the basement for those who require parking. 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 B by the local assessor. The building has a hip style roof made of slate. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery 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, 4800 Fremont Avenue South sold most recently in Oct 12, 2015 for a total of $795,000. If you work out the math, that's approximately a cost of $234.58 per sqft. Before that, the property was also sold for $795,000 in Apr 7, 2015. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $15,214 in taxes each year. 4800 Fremont Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $997,000. If we break it down further, the land itself was valued at $393,000. Improvements to the property, however, were assessed at a total of $604,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1923
  • Effective Year Built: 1923
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,243
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,389
  • Building Area: 3,389
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,389
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RGT FIFTH DIV REMINGTON PARK
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 011 RGT FIFTH DIV REMINGTON PARK LOTS 1 AND 2 80.00 X 134.80

Ownership

  • Current Owner : RUSS GREGORY
  • Current Owner 2: RUSS LAURA
  • Previous Owner : TALLE & ASSOCIATES INC
  • Owner Before Previous Owner: JACKSON CAROL A
  • Owner Before Previous Owner 2: JACKSON STEPHEN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 111400

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:23890
  • District: 01
  • Parcel: 16-028-24-13-0048
  • Block: 11
  • Lot: 1-2
  • Meridian: SEC 16 QTR 13 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9158
  • Longitude: -93.2963

    Address

  • Full Address: 4800 Fremont Ave S
  • Address - House Number: 4800
  • Street Segment Direction: S
  • Address - Street Name: Fremont
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C001
  • 4-Digit Zip Code: 5209
  • Zip Code: 55419

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,214

    Appraisal Valuation

  • Standard Deviation: 0.1398
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 1,122,145
  • High Value: 1,279,063
  • Low Value: 965,227

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,350,000
  • First Open Lien Mortgage Lender: TALLE & ASSOCIATES INC
  • First Open Lien Mortgage Recording Date: Oct 21, 2015
  • First Open Lien Mortgage Loan Amount: $1,350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2045
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $997,000
  • Market Land Value: $393,000
  • Market Improvement Value: $604,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $997,000
  • Assessed Land Value: $393,000
  • Assessed Improvements Value: $604,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 12, 2015
  • Current Sale Recording Date: Oct 21, 2015
  • Current Sale Transaction ID: 1336895885
  • Current Sale Price: $795,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10250565
  • Previous Sale Recording Date: Apr 13, 2015
  • Previous Sale Contract Date: Apr 07, 2015
  • Previous Sale Amount: $795,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TALLE & ASSOCIATES INC
  • First Mortgage Transaction Date: Oct 21, 2015
  • First Mortgage Loan Amount: $1,350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Nov 01, 2045

About Southwest Minneapolis



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Frequently Asked Questions

What neighborhood is 4800 Fremont Avenue South located in?
The 4800 Fremont Avenue South is a located in the neighborhood of Lynnhurst in Southwest Minneapolis, Minneapolis.
What is the average sales price for listings in 4800 Fremont Avenue South?
The average sales price for units in 4800 Fremont Avenue South is $0 currently.

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