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7235 15th Avenue South

7235 15th Avenue South, Minneapolis, MN 55423
Sold Dec 18, 2019
$312,000
$306,348 by Lake Area Mortgage
Mortgage Due Dec 01, 2049
Sold Aug 23, 2004
$189,000
7235 15th Avenue South in Minneapolis, MN was first built in 1957 and is 67 years old. Although, the building on the property was most recently renovated and altered in 1990. 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 6 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7235 15th Avenue South has 1,145 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 600 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of asphalt. For those who need parking, there is a detached 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 metal. While the interior walls are made of plaster. 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 floor/wall heating system and being fueled with electricity. 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. 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, 7235 15th Avenue South sold most recently in Oct 31, 2019 for a total of $312,000. If you work out the math, that's approximately a cost of $272.49 per sqft. Before that, the property was also sold for $189,000 in Aug 23, 2004. 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 $4,980 in taxes each year. 7235 15th Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $350,000. If we break it down further, the land itself was valued at $106,000. Improvements to the property, however, were assessed at a total of $244,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Metal Exterior

Parking

Detached Garage
Open Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • 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: 916
  • Garage Type: Detached
  • Garage Square Area: 352
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,145
  • Gross Building Area: 2,061
  • Building Area: 1,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,145
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALLDENS 4TH ADDN
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 033 001 FALLDENS 4TH ADDN W 60X134X60X133

Ownership

  • Current Owner : TAJONAR EDWIN PASTRANA
  • Current Owner 2: DOMINGUEZ LUCIA VIGUE
  • Previous Owner : RENOVO PROPERTIES LLC
  • Owner Before Previous Owner: PAULSON VICKI A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Richfield Public School District
  • School Tax School District: RICHFIELD
  • Census Tract: 024903

Geography

  • Assessors Map Reference: MB:45383
  • District: 42
  • Parcel: 35-028-24-13-0034
  • Block: 1
  • Lot: 33
  • Meridian: SEC 35 QTR 13 TWN 028 RNG 24
  • Municipality: RICHFIELD
  • Latitude: 44.8713
  • Longitude: -93.2539

    Address

  • Full Address: 7235 15th Ave S
  • Address - House Number: 7235
  • Street Segment Direction: S
  • Address - Street Name: 15th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 3471
  • Zip Code: 55423

Valuation

    Tax

  • Total Area: 2,290
  • Tax Year: 2023
  • Tax Amount: $4,980

    Appraisal Valuation

  • Standard Deviation: 0.1402
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 395,803
  • High Value: 451,325
  • Low Value: 340,280

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $324,348
  • First Open Lien Mortgage Lender: LAKE AREA MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 18, 2019
  • First Open Lien Mortgage Loan Amount: $306,348
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049
  • Second Open Lien Mortgage Lender: LAKE AREA MORTGAGE
  • Second Open Lien Mortgage Recording Date: Dec 18, 2019
  • Second Open Lien Mortgage Loan Amount: $8,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2049
  • Third Open Lien Mortgage Lender: HOUSING AND REDEVELOPMENT AUTH
  • Third Open Lien Mortgage Recording Date: Dec 18, 2019
  • Third Open Lien Mortgage Loan Amount: $10,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Third Open Lien Mortgage Loan Due Date: Dec 18, 2049

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $106,000
  • Market Improvement Value: $244,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $350,000
  • Assessed Land Value: $106,000
  • Assessed Improvements Value: $244,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2019
  • Current Sale Recording Date: Dec 18, 2019
  • Current Sale Transaction ID: 11711054772
  • Current Sale Price: $312,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10737492
  • Previous Sale Recording Date: Aug 23, 2004
  • Previous Sale Contract Date: Aug 23, 2004
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: LAKE AREA MORTGAGE
  • First Mortgage Transaction Date: Dec 18, 2019
  • First Mortgage Loan Amount: $306,348
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049

About Southeast Richfield



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Frequently Asked Questions

What neighborhood is 7235 15th Avenue South located in?
The 7235 15th Avenue South is a house located in the neighborhood of Southeast Richfield in Southeast Richfield, Minneapolis.
What is the average sales price for listings in 7235 15th Avenue South?
The average sales price for units in 7235 15th Avenue South is $0 currently.

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