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6500 Humboldt Avenue South

6500 Humboldt Avenue South, Minneapolis, MN 55423
Sold Apr 07, 2022
$545,000
Sold Aug 11, 2017
$300,000
$240,000 by Phh Home Loans Llc
Mortgage Due Sep 01, 2047
6500 Humboldt 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 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 5 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 6500 Humboldt Avenue South has 1,555 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 1,350 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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. The garage measured 804 sqft. According to our sources, there are a total of 2 available parking spaces. 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 frame 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 hip style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with electricity. 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, 6500 Humboldt Avenue South sold most recently in Mar 30, 2022 for a total of $545,000. If you work out the math, that's approximately a cost of $350.48 per sqft. Before that, the property was also sold for $300,000 in Aug 8, 2017. 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 $6,872 in taxes each year. 6500 Humboldt Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $484,000. 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 $334,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1954
  • Effective Year Built: 1990
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 1,244
  • Garage Type: Detached
  • Garage Square Area: 804
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,555
  • Gross Building Area: 2,799
  • Building Area: 1,555
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,555
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRWOOD PARK 1ST ADDN RICHFIELD
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 001 014 FAIRWOOD PARK 1ST ADDN RICHFIELD 60 X 134.94

Ownership

  • Current Owner : NELSON ERIK J
  • Current Owner 2: HUANG FANG ECHO
  • Previous Owner : DITTER PROPERTIES
  • Owner Before Previous Owner: KLESCHOLD JOEL D
  • Owner Before Previous Owner 2: KLESCHOLD CAROL J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Richfield Public School District
  • School Tax School District: RICHFIELD
  • Census Tract: 024100

Geography

  • Assessors Map Reference: MB:45356
  • District: 42
  • Parcel: 28-028-24-24-0130
  • Block: 14
  • Lot: 1
  • Meridian: SEC 28 QTR 24 TWN 028 RNG 24
  • Municipality: RICHFIELD
  • Latitude: 44.8851
  • Longitude: -93.2989

    Address

  • Full Address: 6500 Humboldt Ave S
  • Address - House Number: 6500
  • Street Segment Direction: S
  • Address - Street Name: Humboldt
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C031
  • 4-Digit Zip Code: 1216
  • Zip Code: 55423

Valuation

    Tax

  • Total Area: 3,110
  • Tax Year: 2023
  • Tax Amount: $6,872

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 509,254
  • High Value: 592,357
  • Low Value: 426,151

    Market Valuation

  • Market Total Value: $484,000
  • Market Land Value: $150,000
  • Market Improvement Value: $334,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $484,000
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $334,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Apr 07, 2022
  • Current Sale Transaction ID: 11886754277
  • Current Sale Price: $545,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5935479
  • Previous Sale Recording Date: Aug 11, 2017
  • Previous Sale Contract Date: Aug 08, 2017
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PHH HOME LOANS LLC
  • Previous Mortgage Transaction Date: Aug 11, 2017
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

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Frequently Asked Questions

What neighborhood is 6500 Humboldt Avenue South located in?
The 6500 Humboldt Avenue South is a located in the neighborhood of Northwest Richfield in Northwest Richfield, Minneapolis.
What is the average sales price for listings in 6500 Humboldt Avenue South?
The average sales price for units in 6500 Humboldt Avenue South is $0 currently.

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