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7333 Russell Avenue South

7333 Russell Avenue South, Minneapolis, MN 55423
Sold Feb 02, 2021
$400,000
$360,000 by Tcf National Bank
Mortgage Due Jan 01, 2051
Sold Jul 13, 2012
$164,500
$158,742 by Nationstar Mortgage Llc
Mortgage Due Aug 01, 2042
7333 Russell Avenue South in Minneapolis, MN was first built in 1949 and is 75 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 bungalow style. There are a total of 1 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7333 Russell Avenue South has 1,751 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 750 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 10,019 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of asphalt. For those who need parking, there is a detached garage. The garage is 672 sqft. There are a total of 2 available parking spaces. 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, 7333 Russell Avenue South sold most recently in Dec 11, 2020 for a total of $400,000. If you work out the math, that's approximately a cost of $228.44 per sqft. Before that, the property was also sold for $164,500 in Jul 5, 2012. 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 $6,509 in taxes each year. 7333 Russell Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $439,000. If we break it down further, the land itself was valued at $138,000. Improvements to the property, however, were assessed at a total of $301,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Vinyl Siding

Parking

Covered Parking
Detached Garage
Open Parking

Driveway

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

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Metal
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 536
  • Garage Type: Detached
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,751
  • Gross Building Area: 2,287
  • Building Area: 1,751
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,751
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PENN LAKE TERRACE 1ST ADDN
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 011 002 PENN LAKE TERRACE 1ST ADDN 75 X 134.55

Ownership

  • Current Owner : JOHNSON BENJAMIN
  • Current Owner 2: JOHNSON CASSANDRA
  • Previous Owner : SMITH BENJAMIN
  • Previous Owner 2: SMITH LINDSEY
  • Owner Before Previous Owner: KRUEGER MILDRED A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richfield Public School District
  • School Tax School District: RICHFIELD
  • Census Tract: 024300

Geography

  • Assessors Map Reference: MB:45990
  • District: 42
  • Parcel: 32-028-24-14-0088
  • Block: 2
  • Lot: 11
  • Meridian: SEC 32 QTR 14 TWN 028 RNG 24
  • Municipality: RICHFIELD
  • Latitude: 44.8698
  • Longitude: -93.3109

    Address

  • Full Address: 7333 Russell Ave S
  • Address - House Number: 7333
  • Street Segment Direction: S
  • Address - Street Name: Russell
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 2864
  • Zip Code: 55423

Valuation

    Tax

  • Total Area: 2,346
  • Tax Year: 2023
  • Tax Amount: $6,509

    Appraisal Valuation

  • Standard Deviation: 0.1397
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 468,905
  • High Value: 534,417
  • Low Value: 403,394

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $720,000
  • First Open Lien Mortgage Lender: TCF NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Feb 02, 2021
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Jan 01, 2051
  • Second Open Lien Mortgage Loan Amount: $360,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $439,000
  • Market Land Value: $138,000
  • Market Improvement Value: $301,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $439,000
  • Assessed Land Value: $138,000
  • Assessed Improvements Value: $301,000

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Feb 02, 2021
  • Current Sale Transaction ID: 11820196566
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05797801
  • Previous Sale Recording Date: Jul 13, 2012
  • Previous Sale Contract Date: Jul 05, 2012
  • Previous Sale Amount: $164,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TCF NATIONAL BANK
  • First Mortgage Transaction Date: Feb 02, 2021
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jul 13, 2012
  • Previous Mortgage Loan Amount: $158,742
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2042

About Southwest Richfield



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Frequently Asked Questions

What neighborhood is 7333 Russell Avenue South located in?
The 7333 Russell Avenue South is a house located in the neighborhood of Southwest Richfield in Southwest Richfield, Minneapolis.
What is the average sales price for listings in 7333 Russell Avenue South?
The average sales price for units in 7333 Russell Avenue South is $0 currently.

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