Check Availability

7229 1st Avenue South

7229 1st Avenue South, Minneapolis, MN 55423
Sold Nov 08, 2021
$510,000
$408,000 by Amerisave Mortgage Corp
Mortgage Due Nov 01, 2036
Sold Oct 31, 2017
$420,000
7229 1st 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 2013 and is 11 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7229 1st Avenue South has 1,944 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 1,270 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,534 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 attached garage for those who require parking. The garage measured 506 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as excellent. 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 B 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 a space/suspended heating system. 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, 7229 1st Avenue South was last sold in Oct 28, 2021 for $510,000. According to our calculations, that's $262.35 per sqft. Prior to that sales transaction, the property was sold for $420,000 in Sep 29, 2017. Current property owners are expected to pay $7,288 in taxes per year. The property on 7229 1st Avenue South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $500,000. To break that down further, the land itself was valued at $108,000. While improvements to the property were assessed at a total of $392,000. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Other
  • 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: Unfinished basement
  • Basement Area: 680
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,944
  • Gross Building Area: 2,624
  • Building Area: 1,944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 1,944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHEUBLES 1ST ADDN
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 011 001 SCHEUBLES 1ST ADDN W 50X127

Ownership

  • Current Owner : FRENZ JONATHAN PAUL
  • Current Owner 2: FRENZ MAUREEN REYNOLDS
  • Previous Owner : BOTT ELDEN E
  • Previous Owner 2: BOTT GLORIA A
  • Owner Before Previous Owner: WEATHERBY SHAYLA M
  • Owner Before Previous Owner 2: WEATHERBY CARLTON W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richfield Public School District
  • School Tax School District: RICHFIELD
  • Census Tract: 024500

Geography

  • Assessors Map Reference: MB:46410
  • District: 42
  • Parcel: 34-028-24-13-0163
  • Block: 1
  • Lot: 11
  • Meridian: SEC 34 QTR 13 TWN 028 RNG 24
  • Municipality: RICHFIELD
  • Latitude: 44.8716
  • Longitude: -93.2766

    Address

  • Full Address: 7229 1st Ave S
  • Address - House Number: 7229
  • Street Segment Direction: S
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Richfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 3108
  • Zip Code: 55423

Valuation

    Tax

  • Total Area: 2,916
  • Tax Year: 2023
  • Tax Amount: $7,288

    Appraisal Valuation

  • Standard Deviation: 0.1396
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 547,011
  • High Value: 623,398
  • Low Value: 470,625

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $408,000
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Loan Amount: $408,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Market Valuation

  • Market Total Value: $500,000
  • Market Land Value: $108,000
  • Market Improvement Value: $392,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $500,000
  • Assessed Land Value: $108,000
  • Assessed Improvements Value: $392,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11866369036
  • Current Sale Price: $510,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A11041565
  • Previous Sale Recording Date: Oct 31, 2017
  • Previous Sale Contract Date: Sep 29, 2017
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 08, 2021
  • First Mortgage Loan Amount: $408,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2036

About Southeast Richfield



Similar Buildings

Property at 7229 1st Avenue South,

7027 2nd Avenue South

  • 1 Unit for Sale
  • 1 Story
7027 2nd Avenue South, Minneapolis, MN 55423
Property at 7229 1st Avenue South,

7633 1st Avenue South

  • 1 Unit for Sale
  • 1 Story
7633 1st Avenue South, Minneapolis, MN 55423
Property at 7229 1st Avenue South,

6917 Portland Avenue South

  • 1 Unit for Sale
  • 2 Stories
6917 Portland Avenue South, Minneapolis, MN 55423
Property at 7229 1st Avenue South,

7601 Garfield Avenue South

  • 1 Unit for Sale
  • 1 Story
7601 Garfield Avenue South, Minneapolis, MN 55423
Property at 7229 1st Avenue South,

7045 Oak Grove Boulevard

  • 1 Unit for Sale
  • 2 Stories
7045 Oak Grove Boulevard, Minneapolis, MN 55423
Property at 7229 1st Avenue South,

7635 Aldrich Avenue South

  • 1 Unit for Sale
  • 2 Stories
7635 Aldrich Avenue South, Minneapolis, MN 55423
Property at 7229 1st Avenue South,

145 66th Street East

  • 1 Unit for Sale
  • 1 Story
145 66th Street East, Minneapolis, MN 55423
Property at 7229 1st Avenue South,

7601 Bryant Avenue South

  • 1 Unit for Sale
  • 2 Stories
7601 Bryant Avenue South, Minneapolis, MN 55423
Property at 7229 1st Avenue South,

6809 Columbus Avenue South

  • 1 Unit for Sale
  • 1 Story
6809 Columbus Avenue South, Minneapolis, MN 55423

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7229 1st Avenue South located in?
The 7229 1st Avenue South is a located in the neighborhood of Southeast Richfield in Southeast Richfield, Minneapolis.
What is the average sales price for listings in 7229 1st Avenue South?
The average sales price for units in 7229 1st Avenue South is $0 currently.

Nearby Cities
Nearby Counties
Quantcast