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5500 26th Avenue South

5500 26th Avenue South, Minneapolis, MN 55417
Property in Wenonah
Sold Dec 06, 2018
$315,000
$267,700 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
Sold Nov 29, 2018
$315,000
$267,750 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2048
5500 26th 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 1927 and is 97 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5500 26th Avenue South has 1,248 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 1,280 ft and across the front of the lot is 430 ft. The area measurement of the land has been determined as 5,663 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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 C- 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. Based on our sources, 5500 26th Avenue South was last sold in Oct 25, 2018 for $315,000. According to our calculations, that's $252.40 per sqft. Prior to that sales transaction, the property was sold for $315,000 in Oct 25, 2018. Current property owners are expected to pay $5,393 in taxes per year. The property on 5500 26th Avenue South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $388,000. To break that down further, the land itself was valued at $106,000. While improvements to the property were assessed at a total of $282,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1927
  • Effective Year Built: 1927
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 660
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NOKOMIS SOUTH PARK ADDN TO MPLS
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 001 006 NOKOMIS SOUTH PARK ADDN TO MPLS 43.00 X 128.20

Ownership

  • Current Owner : MERTENS AARON
  • Previous Owner : KAUFMANN BRIANA L
  • Previous Owner 2: KAUFMANN BRIANA L
  • Owner Before Previous Owner: KAUFMANN BRIANA L
  • Owner Before Previous Owner 2: KAUFMANN ANDREW J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 011800

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:20230
  • District: 01
  • Parcel: 24-028-24-12-0144
  • Block: 6
  • Lot: 1
  • Meridian: SEC 24 QTR 12 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9034
  • Longitude: -93.2352

    Address

  • Full Address: 5500 26th Ave S
  • Address - House Number: 5500
  • Street Segment Direction: S
  • Address - Street Name: 26th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C027
  • 4-Digit Zip Code: 1928
  • Zip Code: 55417

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,393

    Appraisal Valuation

  • Standard Deviation: 0.1636
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 421,804
  • High Value: 490,852
  • Low Value: 352,757

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $267,700
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $267,700
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $388,000
  • Market Land Value: $106,000
  • Market Improvement Value: $282,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $388,000
  • Assessed Land Value: $106,000
  • Assessed Improvements Value: $282,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 25, 2018
  • Current Sale Recording Date: Dec 06, 2018
  • Current Sale Transaction ID: 11914175895
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10618000
  • Previous Sale Recording Date: Nov 29, 2018
  • Previous Sale Contract Date: Oct 25, 2018
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 06, 2018
  • First Mortgage Loan Amount: $267,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 29, 2018
  • Previous Mortgage Loan Amount: $267,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2048

About Nokomis



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Frequently Asked Questions

What neighborhood is 5500 26th Avenue South located in?
The 5500 26th Avenue South is a located in the neighborhood of Wenonah in Nokomis, Minneapolis.
What is the average sales price for listings in 5500 26th Avenue South?
The average sales price for units in 5500 26th Avenue South is $0 currently.

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