7725 Perry Avenue North

Local assessors in Minneapolis, MN have categorized 7725 Perry Avenue North as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1971. The property's lot size has been calculated to be 13,504 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split foyer style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 7725 Perry Avenue North has a total of 1,092 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling 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, 7725 Perry Avenue North was last sold in Dec 22, 2021 for $290,000. According to our calculations, that's $265.57 per sqft. Prior to that sales transaction, the property was sold for $160,000 in Nov 5, 2013. Current property owners are expected to pay $3,668 in taxes per year. The property on 7725 Perry Avenue North was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $256,000. To break that down further, the land itself was valued at $120,000. While improvements to the property were assessed at a total of $136,000. 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. 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.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.