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6929 Newton Avenue South

6929 Newton Avenue South, Minneapolis, MN 55423
Sold Mar 01, 2022
$300,000
$267,800 by Chadwick Group Inc
Mortgage Due Nov 17, 2053
Sold Feb 28, 2022
$300,000
$270,000
Mortgage
6929 Newton 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 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6929 Newton Avenue South has 1,261 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 845 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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. 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 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 gable style roof made of asphalt. The exterior walls of the building are made of metal. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. The property was last sold in Feb 28, 2022 for $300,000. That's $237.91 per sqft. Prior to that sales transaction, the property was also sold in Feb 28, 2022 for $300,000. 6929 Newton Avenue South was last assessed in 2022. The total value of the property was assessed at $323,000. Specifically, the land the property is located on was valued at $149,000. While improvements on the property were assessed at a total of $174,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,407. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 845
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,261
  • Gross Building Area: 1,261
  • Building Area: 1,261
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,261
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TINGDALE BROS LINCOLN HILLS 2ND ADDN
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 015 012 TINGDALE BROS LINCOLN HILLS 2ND ADDN 50 X 135

Ownership

  • Current Owner : TOBLER HENRY T
  • Previous Owner : TOBLER HOMES LLC
  • Owner Before Previous Owner: Tobler Homes LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richfield Public School District
  • School Tax School District: RICHFIELD
  • Census Tract: 024200

Geography

  • Assessors Map Reference: MB:46792
  • District: 42
  • Parcel: 28-028-24-33-0097
  • Block: 12
  • Lot: 15
  • Meridian: SEC 28 QTR 33 TWN 028 RNG 24
  • Municipality: RICHFIELD
  • Latitude: 44.877
  • Longitude: -93.3057

    Address

  • Full Address: 6929 Newton Ave S
  • Address - House Number: 6929
  • Street Segment Direction: S
  • Address - Street Name: Newton
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C891
  • 4-Digit Zip Code: 2120
  • Zip Code: 55423

Valuation

    Tax

  • Total Area: 2,106
  • Tax Year: 2023
  • Tax Amount: $4,407

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 333,585
  • High Value: 391,772
  • Low Value: 275,399

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $357,800
  • First Open Lien Mortgage Lender: CHADWICK GROUP INC
  • First Open Lien Mortgage Recording Date: Nov 17, 2023
  • First Open Lien Mortgage Loan Amount: $267,800
  • 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: Nov 17, 2053
  • Second Open Lien Mortgage Lender: CITIZENS BANK NA
  • Second Open Lien Mortgage Recording Date: Aug 23, 2022
  • Second Open Lien Mortgage Loan Amount: $90,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 23, 2027

    Market Valuation

  • Market Total Value: $323,000
  • Market Land Value: $149,000
  • Market Improvement Value: $174,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $323,000
  • Assessed Land Value: $149,000
  • Assessed Improvements Value: $174,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Transaction ID: 11882654277
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11082696
  • Previous Sale Recording Date: Feb 28, 2022
  • Previous Sale Contract Date: Feb 28, 2022
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Mar 01, 2022
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 28, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: Feb 28, 2022
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Loan Type: New Conventional

About Northwest Richfield



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Frequently Asked Questions

What neighborhood is 6929 Newton Avenue South located in?
The 6929 Newton Avenue South is a located in the neighborhood of Northwest Richfield in Northwest Richfield, Minneapolis.
What is the average sales price for listings in 6929 Newton Avenue South?
The average sales price for units in 6929 Newton Avenue South is $0 currently.

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