Check Availability

5640 27th Avenue South

5640 27th Avenue South, Minneapolis, MN 55417
Property in Wenonah
Sold Aug 26, 2021
$300,000
$270,000 by Summit Mortgage Corp
Mortgage Due Sep 01, 2051
Sold Mar 14, 2018
$271,500
5640 27th Avenue South in Minneapolis, MN was first built in 1954 and is 70 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 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. 5640 27th Avenue South has 1,094 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 400 ft and the linear feet between the front and back of the lot is 1,280. In total, the area measurement of the land is 5,227 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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 quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 19, 2021 for $300,000. That's $274.22 per sqft. Prior to that sales transaction, the property was also sold in Mar 9, 2018 for $271,500. 5640 27th Avenue South was last assessed in 2022. The total value of the property was assessed at $303,000. Specifically, the land the property is located on was valued at $94,000. While improvements on the property were assessed at a total of $209,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,208. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 694
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,094
  • Building Area: 1,094
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,094
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NOKOMIS SOUTH SHORE 2ND ADDN TO MPLS
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 011 002 NOKOMIS SOUTH SHORE 2ND ADDN TO MPLS 40.00 X 128.00

Ownership

  • Current Owner : CHESBRO DAVIS ALYSSA
  • Current Owner 2: DAVIS JOHN M
  • Previous Owner : CHAO DIANA
  • Owner Before Previous Owner: FRYE NICOLE E
  • 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:20250
  • District: 01
  • Parcel: 24-028-24-13-0040
  • Block: 2
  • Lot: 11
  • Meridian: SEC 24 QTR 13 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9005
  • Longitude: -93.2339

    Address

  • Full Address: 5640 27th Ave S
  • Address - House Number: 5640
  • Street Segment Direction: S
  • Address - Street Name: 27th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C031
  • 4-Digit Zip Code: 2726
  • Zip Code: 55417

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,208

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 333,863
  • High Value: 392,096
  • Low Value: 275,631

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $567,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 26, 2021
  • First Open Lien Mortgage Loan Amount: $270,000
  • 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: Sep 01, 2051
  • Second Open Lien Mortgage Loan Amount: $297,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $303,000
  • Market Land Value: $94,000
  • Market Improvement Value: $209,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $303,000
  • Assessed Land Value: $94,000
  • Assessed Improvements Value: $209,000

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Transaction ID: 11855379389
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05870682
  • Previous Sale Recording Date: Mar 14, 2018
  • Previous Sale Contract Date: Mar 09, 2018
  • Previous Sale Amount: $271,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 26, 2021
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MEGASTAR FINANCIAL CORP
  • Previous Mortgage Transaction Date: Mar 14, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Amount keyed is an Aggregate amount
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Nokomis



Similar Buildings

Property at 5640 27th Avenue South,

5656 20th Avenue South

  • 1 Unit for Sale
5656 20th Avenue South, Minneapolis, MN 55417
Property at 5640 27th Avenue South,

5709 36th Avenue South

  • 1 Unit for Sale
5709 36th Avenue South, Minneapolis, MN 55417

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5640 27th Avenue South located in?
The 5640 27th Avenue South is a located in the neighborhood of Wenonah in Nokomis, Minneapolis.
What is the average sales price for listings in 5640 27th Avenue South?
The average sales price for units in 5640 27th Avenue South is $0 currently.

Quantcast