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5840 Clinton Avenue

5840 Clinton Avenue, Minneapolis, MN 55419
Property in Diamond Lake
Sold May 26, 2020
$450,000
$405,000 by American Mortgage & Equity Con
Mortgage Due Jun 01, 2050
Sold Nov 22, 2010
$300,000
Local assessors in Minneapolis, MN have categorized 5840 Clinton Avenue as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 12,632 square feet. The linear feet between the front and back of the lot was measured at 2,500 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 3 full bathrooms. There are also 3 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 5840 Clinton Avenue has a total of 1,496 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 attached garage for those who need a place to park their vehicle. 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 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5840 Clinton Avenue was last sold in May 4, 2020 for $450,000. According to our calculations, that's $300.80 per sqft. Prior to that sales transaction, the property was sold for $300,000 in Oct 28, 2010. Current property owners are expected to pay $7,216 in taxes per year. The property on 5840 Clinton Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $473,000. To break that down further, the land itself was valued at $167,000. While improvements to the property were assessed at a total of $306,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1951
  • Effective Year Built: 1951
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,500
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,496
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DIAMOND LAKE ACRES
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 096 DIAMOND LAKE ACRES N 1/2 50.00 X 250.00

Ownership

  • Current Owner : MCFALL MOLLY
  • Current Owner 2: CUBINSKI STEVE
  • Previous Owner : HELFER MICHAEL A
  • Previous Owner 2: HELFER THERESA M
  • Owner Before Previous Owner: TIMM CHARLEEN G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 012003

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:22220
  • District: 01
  • Parcel: 22-028-24-41-0040
  • Lot: 96
  • Meridian: SEC 22 QTR 41 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.8965
  • Longitude: -93.2726

    Address

  • Full Address: 5840 Clinton Ave
  • Address - House Number: 5840
  • Address - Street Name: Clinton
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C016
  • 4-Digit Zip Code: 2535
  • Zip Code: 55419

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,216

    Appraisal Valuation

  • Standard Deviation: 0.1633
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 519,963
  • High Value: 604,873
  • Low Value: 435,052

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • First Open Lien Mortgage Recording Date: May 26, 2020
  • First Open Lien Mortgage Loan Amount: $405,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $473,000
  • Market Land Value: $167,000
  • Market Improvement Value: $306,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $473,000
  • Assessed Land Value: $167,000
  • Assessed Improvements Value: $306,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2020
  • Current Sale Recording Date: May 26, 2020
  • Current Sale Transaction ID: 11762012310
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05711195
  • Previous Sale Recording Date: Nov 22, 2010
  • Previous Sale Contract Date: Oct 28, 2010
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • First Mortgage Transaction Date: May 26, 2020
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 5840 Clinton Avenue located in?
The 5840 Clinton Avenue is a located in the neighborhood of Diamond Lake in Nokomis, Minneapolis.
What is the average sales price for listings in 5840 Clinton Avenue?
The average sales price for units in 5840 Clinton Avenue is $0 currently.

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