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574 Summit Avenue

574 Summit Avenue, Saint Paul, MN 55102
House in Summit Hill
Sold Aug 16, 2022
$1,075,000
$537,500 by Fairway Independent Mortgage C
Mortgage Due Sep 01, 2042
Sold Aug 12, 2022
$1,075,000
Local assessors in Saint Paul, MN have categorized 574 Summit Avenue as a residential type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 1940. The property's lot size has been calculated to be 15,115 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 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 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 574 Summit Avenue has a total of 5,859 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 500 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 664 sqft. 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 brick 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 - A. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 574 Summit Avenue sold most recently in Aug 9, 2022 for a total of $1,075,000. If you work out the math, that's approximately a cost of $183.48 per sqft. Before that, the property was also sold for $1,075,000 in Aug 12, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $18,814 in taxes each year. 574 Summit Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,077,200. If we break it down further, the land itself was valued at $309,100. Improvements to the property, however, were assessed at a total of $768,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1940
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 500
  • Garage Type: Detached
  • Garage Square Area: 664
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,115
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 5,859
  • Gross Building Area: 5,859
  • Building Area: 5,859
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,859
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK ADDITION
  • Land Acres: 0.347
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • County Land Use Code: Business personal property general
  • Legal Description 1: LOT 1 BLOCK 4 OF TERRACE PARK ADDITION TO,THE C E 3 FT OF S 30.88 FT OF N 78.72 FT & E 1.5 FT OF S 26.5 FT OF N 149.95 FT

Ownership

  • Current Owner : SPARTZ GERALD R
  • Current Owner 2: SPARTZ MARGARET E
  • Previous Owner : STANDER
  • Previous Owner 2: CHARLES
  • Owner Before Previous Owner: STANDER CHARLES
  • Owner Before Previous Owner 2: STANDER THERESA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: St. Paul Public School District
  • School Tax School District: 625
  • Census Tract: 035800

Geography

  • Parcel: 01-28-23-32-0281
  • Block: 4
  • Lot: 1,3
  • Meridian: SEC 01 TWN 028 RNG 023
  • Municipality: ST PAUL
  • Latitude: 44.941
  • Longitude: -93.1244

    Address

  • Full Address: 574 Summit Ave
  • Address - House Number: 574
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Saint Paul
  • Carrier Code: C011
  • 4-Digit Zip Code: 2654
  • Zip Code: 55102

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,814

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Apr 12, 2023
  • Confidence Score: 70
  • Final Value: 1,089,734
  • High Value: 1,249,353
  • Low Value: 930,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $537,500
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 16, 2022
  • First Open Lien Mortgage Loan Amount: $537,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2042

    Market Valuation

  • Market Total Value: $1,077,200
  • Market Land Value: $309,100
  • Market Improvement Value: $768,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,077,200
  • Assessed Land Value: $309,100
  • Assessed Improvements Value: $768,100

    Sales

  • Current Sale Contract Date: Aug 09, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Transaction ID: 11894577981
  • Current Sale Price: $1,075,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4960021
  • Previous Sale Recording Date: Aug 12, 2022
  • Previous Sale Contract Date: Aug 12, 2022
  • Previous Sale Amount: $1,075,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 16, 2022
  • First Mortgage Loan Amount: $537,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Sep 01, 2042

    Previous Mortgages

  • Previous Mortgage Transaction Date: Aug 12, 2022
  • Previous Mortgage Loan Amount: $525,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Summit Hill



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Frequently Asked Questions

What neighborhood is 574 Summit Avenue located in?
The 574 Summit Avenue is a house located in the neighborhood of Summit Hill in Summit Hill, Saint Paul.
What is the average sales price for listings in 574 Summit Avenue?
The average sales price for units in 574 Summit Avenue is $0 currently.

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