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4816 Xerxes Avenue

4816 Xerxes Avenue, Minneapolis, MN 55410
Property in Fulton
Refi Jun 18, 2013
Transfer
$120,000 by Mortgages Unlimited Inc
Mortgage Due Jun 01, 2043
4816 Xerxes Avenue 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 1942 and is 82 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4816 Xerxes Avenue has 1,232 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 1,290 ft and across the front of the lot is 420 ft. The area measurement of the land has been determined as 5,663 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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. 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. Current property owners are expected to pay $5,491 in taxes per year. The property on 4816 Xerxes Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $334,000. To break that down further, the land itself was valued at $202,000. While improvements to the property were assessed at a total of $132,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1942
  • Effective Year Built: 1942
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,232
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STEELES LAKE HARRIET PARK ADD TO MPLS
  • Land Acres: 0.13
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 005 004 STEELES LAKE HARRIET PARK ADD TO MPLS 42.00 X 129.00

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 111200

Zoning

  • Zoning: R2B

Geography

  • Assessors Map Reference: MB:24300
  • District: 01
  • Parcel: 17-028-24-24-0035
  • Block: 4
  • Lot: 5
  • Meridian: SEC 17 QTR 24 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9155
  • Longitude: -93.3192

    Address

  • Full Address: 4816 Xerxes Ave S
  • Address - House Number: 4816
  • Street Segment Direction: S
  • Address - Street Name: Xerxes
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 1816
  • Zip Code: 55410

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,491

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 382,014
  • High Value: 441,792
  • Low Value: 322,236

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: MORTGAGES UNLIMITED INC
  • First Open Lien Mortgage Recording Date: Jun 18, 2013
  • First Open Lien Mortgage Loan Amount: $120,000
  • 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: Jun 01, 2043

    Market Valuation

  • Market Total Value: $334,000
  • Market Land Value: $202,000
  • Market Improvement Value: $132,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $334,000
  • Assessed Land Value: $202,000
  • Assessed Improvements Value: $132,000

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Frequently Asked Questions

What neighborhood is 4816 Xerxes Avenue located in?
The 4816 Xerxes Avenue is a located in the neighborhood of Fulton in Southwest Minneapolis, Minneapolis.
What is the average sales price for listings in 4816 Xerxes Avenue?
The average sales price for units in 4816 Xerxes Avenue is $0 currently.

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