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6025 14th Avenue South

6025 14th Avenue South, Minneapolis, MN 55417
Property in Diamond Lake
Sold Feb 02, 2024
$450,000
Sold Jan 31, 2024
$450,000
6025 14th Avenue South in Minneapolis, MN was first built in 1955 and is 69 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 6025 14th Avenue South has 1,504 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 500 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 6,534 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 hot water heating system. 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, 6025 14th Avenue South sold most recently in Jan 29, 2024 for a total of $450,000. If you work out the math, that's approximately a cost of $299.20 per sqft. Before that, the property was also sold for $450,000 in Jan 31, 2024. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $6,201 in taxes each year. 6025 14th Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $449,000. If we break it down further, the land itself was valued at $102,000. Improvements to the property, however, were assessed at a total of $347,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1955
  • Effective Year Built: 1955
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 884
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,504
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TINGDALE BROS PORTLAND WAY
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 018 004 TINGDALE BROS PORTLAND WAY 50.00 X 128.00

Ownership

  • Current Owner : J & B PROPERTY HOLDINGS LLC
  • Previous Owner : MURPHY TRACY MICHELLE
  • Previous Owner 2: RYAN MICHAEL
  • Owner Before Previous Owner: MURPHY TRACY
  • Owner Before Previous Owner 2: MURPHY RYAN
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 011704

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:16070
  • District: 01
  • Parcel: 23-028-24-43-0051
  • Block: 4
  • Lot: 18
  • Meridian: SEC 23 QTR 43 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.8934
  • Longitude: -93.255

    Address

  • Full Address: 6025 14th Ave S
  • Address - House Number: 6025
  • Street Segment Direction: S
  • Address - Street Name: 14th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 3223
  • Zip Code: 55417

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,201

    Appraisal Valuation

  • Standard Deviation: 0.2067
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 450,662
  • High Value: 543,848
  • Low Value: 357,475

    Market Valuation

  • Market Total Value: $449,000
  • Market Land Value: $102,000
  • Market Improvement Value: $347,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $449,000
  • Assessed Land Value: $102,000
  • Assessed Improvements Value: $347,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 29, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Transaction ID: 11920679825
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6058580
  • Previous Sale Recording Date: Jan 31, 2024
  • Previous Sale Contract Date: Jan 31, 2024
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Loan Type: Cash

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Frequently Asked Questions

What neighborhood is 6025 14th Avenue South located in?
The 6025 14th Avenue South is a located in the neighborhood of Diamond Lake in Nokomis, Minneapolis.
What is the average sales price for listings in 6025 14th Avenue South?
The average sales price for units in 6025 14th Avenue South is $0 currently.

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