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5916 Morgan Avenue South

5916 Morgan Avenue South, Minneapolis, MN 55419
Property in Armatage
Sold Sep 10, 2018
$440,000
$87,994 by Us Bank Na
Mortgage Due Oct 22, 2031
Sold Jul 05, 2013
$385,808
$377,625 by Tradition Mortgage Llc
Mortgage Due Jul 01, 2043
5916 Morgan 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 1951 and is 73 years old. The home has a total of 6 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5916 Morgan Avenue South has 1,358 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 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,098 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 good. 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 alum/vinyl siding. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5916 Morgan Avenue South sold most recently in Sep 7, 2018 for a total of $440,000. If you work out the math, that's approximately a cost of $324.01 per sqft. Before that, the property was also sold for $385,808 in Jun 17, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,530 in taxes each year. 5916 Morgan Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $468,000. If we break it down further, the land itself was valued at $150,000. Improvements to the property, however, were assessed at a total of $318,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: 768
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,358
  • Building Area: 1,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,358
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PENN MANOR 2ND ADDN
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 005 003 PENN MANOR 2ND ADDN 50.00 X 125.00

Ownership

  • Current Owner : LINDHOLM ERIK
  • Current Owner 2: LINDHOLM STEPHANIE
  • Previous Owner : OLSON ANDREW MARTIN
  • Previous Owner 2: OLSON CASSANDRA
  • Owner Before Previous Owner: FINE MATTHEW S
  • Owner Before Previous Owner 2: FINE LAUREN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 012001

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:23747
  • District: 01
  • Parcel: 21-028-24-32-0134
  • Block: 3
  • Lot: 5
  • Meridian: SEC 21 QTR 32 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.8954
  • Longitude: -93.3051

    Address

  • Full Address: 5916 Morgan Ave S
  • Address - House Number: 5916
  • Street Segment Direction: S
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 2009
  • Zip Code: 55419

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,530

    Appraisal Valuation

  • Standard Deviation: 0.1633
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 514,434
  • High Value: 598,442
  • Low Value: 430,426

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,994
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Nov 10, 2021
  • First Open Lien Mortgage Loan Amount: $87,994
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 22, 2031

    Market Valuation

  • Market Total Value: $468,000
  • Market Land Value: $150,000
  • Market Improvement Value: $318,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $468,000
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $318,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 07, 2018
  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Transaction ID: 11506442307
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05559404
  • Previous Sale Recording Date: Jul 05, 2013
  • Previous Sale Contract Date: Jun 17, 2013
  • Previous Sale Amount: $385,808
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Sep 10, 2018
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: TRADITION MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jul 05, 2013
  • Previous Mortgage Loan Amount: $377,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2043

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Frequently Asked Questions

What neighborhood is 5916 Morgan Avenue South located in?
The 5916 Morgan Avenue South is a located in the neighborhood of Armatage in Southwest Minneapolis, Minneapolis.
What is the average sales price for listings in 5916 Morgan Avenue South?
The average sales price for units in 5916 Morgan Avenue South is $0 currently.

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