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6029 2nd Avenue South

6029 2nd Avenue South, Minneapolis, MN 55419
Sold Nov 21, 2018
$170,000
$166,920 by American Mortgage & Equity Con
Mortgage Due Nov 01, 2048
Sold Sep 26, 2000
$115,700
6029 2nd 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 1926 and is 98 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 6029 2nd Avenue South has 664 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 1,520 ft and across the front of the lot is 370 ft. The area measurement of the land has been determined as 5,663 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 is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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 D by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of stucco. 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. 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, 6029 2nd Avenue South sold most recently in Oct 23, 2018 for a total of $170,000. If you work out the math, that's approximately a cost of $256.02 per sqft. Before that, the property was also sold for $115,700 in Aug 15, 2000. 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 $2,858 in taxes each year. 6029 2nd Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $225,000. If we break it down further, the land itself was valued at $78,000. Improvements to the property, however, were assessed at a total of $147,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1926
  • Effective Year Built: 1926
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 664
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 370
  • Total Building Area: 664
  • Building Area: 664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 664
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NICOLLET HEIGHTS
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 023 001 NICOLLET HEIGHTS 37.00 X 152.00

Ownership

  • Current Owner : ROMERO NATHALE
  • Previous Owner : JOHNSON SCOTT H
  • Previous Owner 2: JOHNSON MONICA LYNN
  • Owner Before Previous Owner: JULIAN SCOTT J
  • Owner Before Previous Owner 2: JULIAN TERESA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:23590
  • District: 01
  • Parcel: 22-028-24-43-0036
  • Block: 1
  • Lot: 23
  • Meridian: SEC 22 QTR 43 TWN 028 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.8934
  • Longitude: -93.274

    Address

  • Full Address: 6029 2nd Ave S
  • Address - House Number: 6029
  • Street Segment Direction: S
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C016
  • 4-Digit Zip Code: 2504
  • Zip Code: 55419

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,858

    Appraisal Valuation

  • Standard Deviation: 0.181
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 246,543
  • High Value: 291,174
  • Low Value: 201,913

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $173,620
  • First Open Lien Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • First Open Lien Mortgage Recording Date: Nov 21, 2018
  • First Open Lien Mortgage Loan Amount: $166,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048
  • Second Open Lien Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • Second Open Lien Mortgage Recording Date: Nov 21, 2018
  • Second Open Lien Mortgage Loan Amount: $6,700
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Market Valuation

  • Market Total Value: $225,000
  • Market Land Value: $78,000
  • Market Improvement Value: $147,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $225,000
  • Assessed Land Value: $78,000
  • Assessed Improvements Value: $147,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 23, 2018
  • Current Sale Recording Date: Nov 21, 2018
  • Current Sale Transaction ID: 11534876310
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10614037
  • Previous Sale Recording Date: Sep 26, 2000
  • Previous Sale Contract Date: Aug 15, 2000
  • Previous Sale Amount: $115,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • First Mortgage Transaction Date: Nov 21, 2018
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2048

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Frequently Asked Questions

What neighborhood is 6029 2nd Avenue South located in?
The 6029 2nd Avenue South is a house located in the neighborhood of Diamond Lake in Nokomis, Minneapolis.
What is the average sales price for listings in 6029 2nd Avenue South?
The average sales price for units in 6029 2nd Avenue South is $0 currently.

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