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5222 Aldrich Avenue North

5222 Aldrich Avenue North, Minneapolis, MN 55430
Property in Lind - Bohanon
Sold Feb 12, 2020
$215,000
$211,105 by Land-home Financial Services
Mortgage Due Mar 01, 2050
Sold Jul 17, 2017
Transfer
$139,244 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2047
Local assessors in Minneapolis, MN have categorized 5222 Aldrich Avenue North as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 6,098 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 495 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5222 Aldrich Avenue North has a total of 1,308 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 5222 Aldrich Avenue North sold most recently in Jan 24, 2020 for a total of $215,000. If you work out the math, that's approximately a cost of $164.37 per sqft. 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 $3,203 in taxes each year. 5222 Aldrich Avenue North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $240,000. If we break it down further, the land itself was valued at $34,000. Improvements to the property, however, were assessed at a total of $206,000. 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: 1951
  • Effective Year Built: 1951
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 720
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 495
  • Total Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,308
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRYANT AVE ADDN TO MPLS
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 002 BRYANT AVE ADDN TO MPLS LOT 25 AND S 1/2 OF LOT 26 49.5 X 124

Ownership

  • Current Owner : LEIH LAVONNE
  • Previous Owner : FISCHER DAVID J
  • Previous Owner 2: FISCHER KELLY J
  • Owner Before Previous Owner: DULAC MICHAEL
  • Owner Before Previous Owner 2: DULAC TAMARA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 000102

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:12380
  • District: 01
  • Parcel: 12-118-21-21-0058
  • Block: 2
  • Lot: 25-26
  • Meridian: SEC 12 QTR 21 TWN 118 RNG 21
  • Municipality: MINNEAPOLIS
  • Latitude: 45.0501
  • Longitude: -93.29

    Address

  • Full Address: 5222 Aldrich Ave N
  • Address - House Number: 5222
  • Street Segment Direction: N
  • Address - Street Name: Aldrich
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 3555
  • Zip Code: 55430

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,203

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 264,448
  • High Value: 311,445
  • Low Value: 217,450

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $219,550
  • First Open Lien Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Feb 12, 2020
  • First Open Lien Mortgage Loan Amount: $211,105
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050
  • Second Open Lien Mortgage Lender: NATIONAL HOMEBUYERS FUND INC
  • Second Open Lien Mortgage Recording Date: Feb 12, 2020
  • Second Open Lien Mortgage Loan Amount: $8,445
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Feb 06, 2025

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $34,000
  • Market Improvement Value: $206,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $240,000
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $206,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 24, 2020
  • Current Sale Recording Date: Feb 12, 2020
  • Current Sale Transaction ID: 11725814158
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05685588
  • Previous Sale Recording Date: Jul 17, 2017
  • Previous Sale Contract Date: Sep 23, 2005
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Mortgage Transaction Date: Feb 12, 2020
  • First Mortgage Loan Amount: $211,105
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Jul 17, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $139,244
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 5222 Aldrich Avenue North located in?
The 5222 Aldrich Avenue North is a located in the neighborhood of Lind - Bohanon in Camden, Minneapolis.
What is the average sales price for listings in 5222 Aldrich Avenue North?
The average sales price for units in 5222 Aldrich Avenue North is $0 currently.

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