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7031 Glenwood Avenue

7031 Glenwood Avenue, Minneapolis, MN 55427
Property in Golden Valley
Sold Jun 05, 2023
$430,000
$344,000 by Bell Bank
Mortgage Due Jun 01, 2053
Sold May 31, 2023
$430,000
7031 Glenwood Avenue in Minneapolis, MN was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7031 Glenwood Avenue has 1,556 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 1,070 ft and the linear feet between the front and back of the lot is 2,870. In total, the area measurement of the land is 27,007 square feet.

Learn more about the property and building on this page. There is a patio. The home has a hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 352 sqft. There is one available parking space. 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 frame 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 wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a space/suspended heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 2, 2023 for $430,000. That's $276.35 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2023 for $430,000. 7031 Glenwood Avenue was last assessed in 2022. The total value of the property was assessed at $376,000. Specifically, the land the property is located on was valued at $157,000. While improvements on the property were assessed at a total of $219,000. 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 $5,116. 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. 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: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 545
  • Garage Type: Attached
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 27,007
  • Lot Size Depth Feet: 2,870
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 1,556
  • Gross Building Area: 2,101
  • Building Area: 1,556
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 1,556
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELSENS VALLEY VIEW
  • Land Acres: 0.62
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 002 001 ELSENS VALLEY VIEW E 107X287X100X252

Ownership

  • Current Owner : FLAHERTY MICHAEL
  • Current Owner 2: MILBRANDT KYLIE
  • Previous Owner : FLAHERTY PETER
  • Previous Owner 2: FLAHERTY JUSTINE
  • Owner Before Previous Owner: FLAHERTY PETER
  • Owner Before Previous Owner 2: FLAHERTY F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Hopkins Public School District
  • School Tax School District: HOPKINS
  • Census Tract: 021900

Geography

  • Assessors Map Reference: MB:85380
  • District: 28
  • Parcel: 32-118-21-31-0015
  • Block: 1
  • Lot: 2
  • Meridian: SEC 32 QTR 31 TWN 118 RNG 21
  • Municipality: GOLDEN VALLEY
  • Latitude: 44.9824
  • Longitude: -93.3705

    Address

  • Full Address: 7031 Glenwood Ave
  • Address - House Number: 7031
  • Address - Street Name: Glenwood
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 4802
  • Zip Code: 55427

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,116

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 419,804
  • High Value: 488,917
  • Low Value: 350,691

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $688,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Jun 05, 2023
  • First Open Lien Mortgage Loan Amount: $344,000
  • 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: Jun 01, 2053
  • Second Open Lien Mortgage Recording Date: May 31, 2023
  • Second Open Lien Mortgage Loan Amount: $344,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 31, 2053

    Market Valuation

  • Market Total Value: $376,000
  • Market Land Value: $157,000
  • Market Improvement Value: $219,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $376,000
  • Assessed Land Value: $157,000
  • Assessed Improvements Value: $219,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 05, 2023
  • Current Sale Transaction ID: 11908109984
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6016671
  • Previous Sale Recording Date: May 31, 2023
  • Previous Sale Contract Date: May 31, 2023
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Jun 05, 2023
  • First Mortgage Loan Amount: $344,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Transaction Date: May 31, 2023
  • Previous Mortgage Loan Amount: $344,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 7031 Glenwood Avenue located in?
The 7031 Glenwood Avenue is a located in the neighborhood of Golden Valley in Robbinsdale - Crystal - New Hope, Minneapolis.
What is the average sales price for listings in 7031 Glenwood Avenue?
The average sales price for units in 7031 Glenwood Avenue is $0 currently.

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