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5251 Emerson Avenue North

5251 Emerson Avenue North, Minneapolis, MN 55430
Property in Lind - Bohanon
Sold Feb 01, 2021
$225,000
$218,711 by Lake Area Mortgage
Mortgage Due Feb 01, 2051
Sold Jun 16, 2015
$136,400
$133,929 by American Mortgage & Equity Con
Mortgage Due Jul 01, 2045
Local assessors in Minneapolis, MN have categorized 5251 Emerson Avenue North as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 5,227 square feet. The linear feet between the front and back of the lot was measured at 1,280 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 5251 Emerson Avenue North has a total of 950 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. 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. 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, 5251 Emerson Avenue North was last sold in Jan 18, 2021 for $225,000. According to our calculations, that's $236.84 per sqft. Prior to that sales transaction, the property was sold for $136,400 in Jun 11, 2015. Current property owners are expected to pay $3,176 in taxes per year. The property on 5251 Emerson Avenue North was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $229,000. To break that down further, the land itself was valued at $31,000. While improvements to the property were assessed at a total of $198,000. 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. 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.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: 1991
  • Effective Year Built: 1991
  • Total Rooms: 6
  • 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: 936
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 950
  • Building Area: 950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENMORE KREST
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 003 002 KENMORE KREST 40.00 X 128.00

Ownership

  • Current Owner : HERNANDEZ SERAFIN MARIN
  • Previous Owner : PARKER NICOLE
  • Owner Before Previous Owner: AGILITY ENTERPRISES LLC
  • 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:13150
  • District: 01
  • Parcel: 12-118-21-22-0186
  • Block: 2
  • Lot: 3
  • Meridian: SEC 12 QTR 22 TWN 118 RNG 21
  • Municipality: MINNEAPOLIS
  • Latitude: 45.0508
  • Longitude: -93.2957

    Address

  • Full Address: 5251 Emerson Ave N
  • Address - House Number: 5251
  • Street Segment Direction: N
  • Address - Street Name: Emerson
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 3416
  • Zip Code: 55430

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,176

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 247,527
  • High Value: 291,517
  • Low Value: 203,537

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $437,422
  • First Open Lien Mortgage Lender: LAKE AREA MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Loan Amount: $218,711
  • 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: Feb 01, 2051
  • Second Open Lien Mortgage Loan Amount: $218,711
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $229,000
  • Market Land Value: $31,000
  • Market Improvement Value: $198,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $229,000
  • Assessed Land Value: $31,000
  • Assessed Improvements Value: $198,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 18, 2021
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Transaction ID: 11818177773
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05797288
  • Previous Sale Recording Date: Jun 16, 2015
  • Previous Sale Contract Date: Jun 11, 2015
  • Previous Sale Amount: $136,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKE AREA MORTGAGE
  • First Mortgage Transaction Date: Feb 01, 2021
  • First Mortgage Loan Amount: $218,711
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2051
  • Second Mortgage Lender: LAKE AREA MORTGAGE
  • Second Mortgage Transaction Date: Feb 01, 2021
  • Second Mortgage Loan Amount: $218,711
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Stand Alone Second
  • Second Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • Previous Mortgage Transaction Date: Jun 16, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $133,929
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2045

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Frequently Asked Questions

What neighborhood is 5251 Emerson Avenue North located in?
The 5251 Emerson Avenue North is a located in the neighborhood of Lind - Bohanon in Camden, Minneapolis.
What is the average sales price for listings in 5251 Emerson Avenue North?
The average sales price for units in 5251 Emerson Avenue North is $0 currently.

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