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705 Northeast 7th Avenue

705 Northeast 7th Avenue, Grand Rapids, MN 55744
Property in Grand Rapids
Sold Mar 18, 2022
$140,000
$140,000
Mortgage Due Mar 18, 2052
705 Northeast 7th Avenue has been categorized by the local assessors in Grand Rapids, MN as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 3 bedrooms. In addition, 705 Northeast 7th Avenue has 903 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. 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 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 garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. 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. The building has a gable style roof made of asphalt. The exterior walls of the building are made of unknown. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 705 Northeast 7th Avenue was last sold in Mar 18, 2022 for $140,000. According to our calculations, that's $155.04 per sqft. Current property owners are expected to pay $1,996 in taxes per year. The property on 705 Northeast 7th Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $131,600. To break that down further, the land itself was valued at $22,900. While improvements to the property were assessed at a total of $108,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 3
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 903
  • Building Area: 903
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 903
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REYNOLDS ADD. TO GRAND RAPIDS
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 BLK 4

Ownership

  • Current Owner : KLENNERT MATTHEW
  • Previous Owner : PENNING LORRAINE
  • Previous Owner 2: PENNING MAYNARD
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 01, 2023

Neighborhood

  • School District Name: Grand Rapids Public School District
  • School Tax School District: 318
  • Census Tract: 480901

Zoning

  • Zoning: M

Geography

  • Account Number: 77462
  • District: 91
  • Parcel: 91-665-0420
  • Block: 4
  • Lot: 5
  • Meridian: SEC 16 TWN 55N RNG 25W
  • Municipality: GRAND RAPIDS CITY
  • Latitude: 47.2396
  • Longitude: -93.5181

    Address

  • Full Address: 705 Ne 7th Ave
  • Address - House Number: 705
  • Street Direction: NE
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Grand Rapids
  • Carrier Code: C003
  • 4-Digit Zip Code: 3039
  • Zip Code: 55744

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,996

    Appraisal Valuation

  • Standard Deviation: 0.0953
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 91
  • Final Value: 123,459
  • High Value: 135,235
  • Low Value: 111,683

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Recording Date: Mar 18, 2022
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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: Mar 18, 2052

    Market Valuation

  • Market Total Value: $131,600
  • Market Land Value: $22,900
  • Market Improvement Value: $108,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $131,600
  • Assessed Land Value: $22,900
  • Assessed Improvements Value: $108,700

    Sales

  • Current Sale Contract Date: Mar 18, 2022
  • Current Sale Recording Date: Mar 18, 2022
  • Current Sale Transaction ID: 11883489271
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1388797

    Last Sale Mortgage

  • First Mortgage Transaction Date: Mar 18, 2022
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Loan Type: New Conventional

About Grand Rapids



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Frequently Asked Questions

What neighborhood is 705 Northeast 7th Avenue located in?
The 705 Northeast 7th Avenue is a located in the neighborhood of Grand Rapids in Grand Rapids, Grand Rapids.
What is the average sales price for listings in 705 Northeast 7th Avenue?
The average sales price for units in 705 Northeast 7th Avenue is $0 currently.

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