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575 Minnehaha Avenue West

575 Minnehaha Avenue West, Saint Paul, MN 55103
Property in North Frogtown
575 Minnehaha Avenue West in Saint Paul, MN was first built in 2006 and is 18 years old. This has been categorized as a industrial property type. In total, the area measurement of the land is 229,997 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The exterior walls of the home are made of tilt-up (pre-cast concrete). Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a space/suspended heating system. The property was last sold in Mar 1, 2019 for $5,950,000. That's $119.79 per sqft. 575 Minnehaha Avenue West was last assessed in 2022. The total value of the property was assessed at $6,383,100. Specifically, the land the property is located on was valued at $691,700. While improvements on the property were assessed at a total of $5,691,400. 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 $229,676. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 2
  • Bedroom Count: 0
  • Exterior Walls Type: Tilt-up (pre-cast concrete)
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 229,997
  • Lot Size Frontage Feet: 0
  • Total Building Area: 49,669
  • Gross Building Area: 49,669
  • Building Area: 49,669
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Space/suspended
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Industrial
  • Subdivision: GREAT NORTHERN BUSINESS CTR 2ND ADDN
  • Land Acres: 5.28
  • Standard Land Use Code: Manufacturing (light)
  • Legal Description 1: LOT 1 BLOCK 1 OF GREAT NORTHERN BUSINESS CTR 2ND ADDN THE W 395.33 FT OF LOT 1 BLK 1

Ownership

  • Current Owner : TOWLE FINANCIAL SERVICES INC
  • Previous Owner : RUB RASCH LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: St. Paul Public School District
  • School Tax School District: 625
  • Census Tract: 032600

Geography

  • Parcel: 25-29-23-33-0027
  • Block: 1
  • Lot: 1
  • Meridian: SEC 25 TWN 029 RNG 023
  • Municipality: ST PAUL
  • Latitude: 44.9635
  • Longitude: -93.1243

    Address

  • Full Address: 575 Minnehaha Ave W
  • Address - House Number: 575
  • Street Segment Direction: W
  • Address - Street Name: Minnehaha
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Saint Paul
  • Carrier Code: C014
  • 4-Digit Zip Code: 1573
  • Zip Code: 55103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $229,676

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,470,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Mar 13, 2019
  • First Open Lien Mortgage Loan Amount: $2,470,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2029

    Market Valuation

  • Market Total Value: $6,383,100
  • Market Land Value: $691,700
  • Market Improvement Value: $5,691,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,383,100
  • Assessed Land Value: $691,700
  • Assessed Improvements Value: $5,691,400

    Sales

  • Current Sale Contract Date: Mar 01, 2019
  • Current Sale Recording Date: Mar 13, 2019
  • Current Sale Transaction ID: 11589287200
  • Current Sale Price: $5,950,000
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: A04749479

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Mar 13, 2019
  • First Mortgage Loan Amount: $2,470,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Mar 01, 2029

About Thomas - Dale



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Nearby Rentals

Unit for rent at 625 Dayton Avenue, Saint Paul, MN, 55104

$2,475 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,515 ft²
625 Dayton Avenue #4, Saint Paul, MN, 55104 Listing by Southida T. Fodor, GRI

Frequently Asked Questions

What neighborhood is 575 Minnehaha Avenue West located in?
The 575 Minnehaha Avenue West is a located in the neighborhood of North Frogtown in Thomas - Dale, Saint Paul.
What is the average sales price for listings in 575 Minnehaha Avenue West?
The average sales price for units in 575 Minnehaha Avenue West is $0 currently.

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