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8200 Abbott Avenue South

8200 Abbott Avenue South, Minneapolis, MN 55431
Property in East Bloomington
Sold Sep 14, 2021
$376,000
$338,400 by Homeside Financial Llc
Mortgage Due Oct 01, 2051
Sold May 19, 2021
$262,000
$249,600 by Bridgewater Bank
Mortgage Due Feb 18, 2022
8200 Abbott 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 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 1984. The home has a total of 5 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8200 Abbott Avenue South has 1,056 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 1,400 ft and across the front of the lot is 860 ft. The area measurement of the land has been determined as 12,632 square feet.

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 484 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 or hip style roof made of asphalt. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with electricity. 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, 8200 Abbott Avenue South sold most recently in Sep 7, 2021 for a total of $376,000. If you work out the math, that's approximately a cost of $356.06 per sqft. Before that, the property was also sold for $262,000 in May 13, 2021. 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 $4,036 in taxes each year. 8200 Abbott Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $336,400. If we break it down further, the land itself was valued at $144,700. Improvements to the property, however, were assessed at a total of $191,700. 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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1984
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 950
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 860
  • Total Building Area: 1,056
  • Gross Building Area: 2,006
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THOMPSONS FOREST CREST 2ND ADDN
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 003 006 THOMPSONS FOREST CREST 2ND ADDN E 86X140X85X157

Ownership

  • Current Owner : NICOLAISEN NATHAN JON
  • Current Owner 2: NICOLAISEN SARAH CLEVELAND
  • Previous Owner : SANDY D HOMES LLC
  • Owner Before Previous Owner: SUTTER SABRINA
  • Owner Before Previous Owner 2: ESTAE OF BRUCE SUTTER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomington Public School District
  • School Tax School District: BLOOMINGTON
  • Census Tract: 025603

Geography

  • Assessors Map Reference: MB:73161
  • District: 20
  • Parcel: 05-027-24-31-0097
  • Block: 6
  • Lot: 3
  • Meridian: SEC 05 QTR 31 TWN 027 RNG 24
  • Municipality: BLOOMINGTON
  • Latitude: 44.8548
  • Longitude: -93.3237

    Address

  • Full Address: 8200 Abbott Ave S
  • Address - House Number: 8200
  • Street Segment Direction: S
  • Address - Street Name: Abbott
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C011
  • 4-Digit Zip Code: 1024
  • Zip Code: 55431

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,036

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 360,552
  • High Value: 416,972
  • Low Value: 304,132

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $676,800
  • First Open Lien Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Sep 14, 2021
  • First Open Lien Mortgage Loan Amount: $338,400
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Loan Amount: $338,400
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $336,400
  • Market Land Value: $144,700
  • Market Improvement Value: $191,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $336,400
  • Assessed Land Value: $144,700
  • Assessed Improvements Value: $191,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 07, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Transaction ID: 11857231546
  • Current Sale Price: $376,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05876906
  • Previous Sale Recording Date: May 19, 2021
  • Previous Sale Contract Date: May 13, 2021
  • Previous Sale Amount: $262,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Mortgage Transaction Date: Sep 14, 2021
  • First Mortgage Loan Amount: $338,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BRIDGEWATER BANK
  • Previous Mortgage Transaction Date: May 19, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $249,600
  • Previous Mortgage Term: 8
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Feb 18, 2022

About East Bloomington



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Frequently Asked Questions

What neighborhood is 8200 Abbott Avenue South located in?
The 8200 Abbott Avenue South is a located in the neighborhood of East Bloomington in East Bloomington, Minneapolis.
What is the average sales price for listings in 8200 Abbott Avenue South?
The average sales price for units in 8200 Abbott Avenue South is $0 currently.

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