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4847 Madison Street Northeast

4847 Madison Street Northeast, Minneapolis, MN 55421
Property in Columbia Heights
Sold May 09, 2022
$225,000
$150,000
Mortgage Due May 09, 2052
Sold Dec 15, 2021
$180,000
$183,000 by Renovo Capital Llc
Mortgage
4847 Madison Street Northeast in Minneapolis, MN was first built in 1961 and is 63 years old. Although, the building on the property was most recently renovated and altered in 1969. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4847 Madison Street Northeast has 988 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 600 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 7,740 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. For those who need parking, there is a garage. The garage is 288 sqft. 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 exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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. 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, 4847 Madison Street Northeast sold most recently in May 9, 2022 for a total of $225,000. If you work out the math, that's approximately a cost of $227.73 per sqft. Before that, the property was also sold for $180,000 in Dec 10, 2021. 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 $3,641 in taxes each year. 4847 Madison Street Northeast was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $268,600. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $178,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1961
  • Effective Year Built: 1969
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,740
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 600
  • Total Building Area: 988
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALLEY VIEW
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 28 & S 1/2 OF LOT 29 BLOCK 5 VALLEY VIEW, EX RD SUBJ TO EASE OF REC.

Ownership

  • Current Owner : ALVARADO RENE
  • Previous Owner : Alvarado Properties LLC
  • Owner Before Previous Owner: CTW GROUP INCORPORATED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Columbia Heights Public School District
  • Census Tract: 051305

Geography

  • Assessors Map Reference: 35366
  • Parcel: 26-30-24-42-0061
  • Block: 5
  • Lot: 28
  • Meridian: SEC 26 TWN 30N RNG 24W
  • Municipality: COLUMBIA HEIGHTS
  • Latitude: 45.0569
  • Longitude: -93.2536

    Address

  • Full Address: 4847 Madison St Ne
  • Address - House Number: 4847
  • Street Segment Direction: NE
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C011
  • 4-Digit Zip Code: 2333
  • Zip Code: 55421

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,641

    Appraisal Valuation

  • Standard Deviation: 0.1126
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 88
  • Final Value: 300,095
  • High Value: 333,898
  • Low Value: 266,291

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Recording Date: May 09, 2022
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: May 09, 2052

    Market Valuation

  • Market Total Value: $268,600
  • Market Land Value: $90,000
  • Market Improvement Value: $178,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $268,600
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $178,600

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Transaction ID: 11888778080
  • Current Sale Price: $225,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1409355
  • Previous Sale Recording Date: Dec 15, 2021
  • Previous Sale Contract Date: Dec 10, 2021
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: May 09, 2022
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: RENOVO CAPITAL LLC
  • Previous Mortgage Transaction Date: Dec 15, 2021
  • Previous Mortgage Loan Amount: $183,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Columbia Heights



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Frequently Asked Questions

What neighborhood is 4847 Madison Street Northeast located in?
The 4847 Madison Street Northeast is a located in the neighborhood of Columbia Heights in Columbia Heights, Minneapolis.
What is the average sales price for listings in 4847 Madison Street Northeast?
The average sales price for units in 4847 Madison Street Northeast is $0 currently.

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