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826 Summit Avenue

826 Summit Avenue, Minneapolis, MN 55403
Property in Lowry Hill
Sold Apr 04, 2022
$450,000
$405,000 by Huntington National Bank
Mortgage Due Apr 01, 2052
Sold Apr 01, 2022
$450,000
826 Summit Avenue 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 1990 and is 34 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 826 Summit Avenue has 1,354 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 686 ft and across the front of the lot is 246 ft. The area measurement of the land has been determined as 1,307 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

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 garage underground or in the basement for those who require parking. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 826 Summit Avenue was last sold in Mar 29, 2022 for $450,000. According to our calculations, that's $332.35 per sqft. Prior to that sales transaction, the property was sold for $450,000 in Apr 1, 2022. Current property owners are expected to pay $5,900 in taxes per year. The property on 826 Summit Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $414,000. To break that down further, the land itself was valued at $136,000. While improvements to the property were assessed at a total of $278,000. 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. 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. 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: 1990
  • Effective Year Built: 1990
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Lot Size Depth Feet: 686
  • Lot Size Frontage Feet: 246
  • Total Building Area: 1,354
  • Building Area: 1,354
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,354
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EMBASSY ADDN
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: 001 EMBASSY ADDN LOT 1 AND THAT PART OF W 26 FT OF LOT 7 WHICH LIES N OF WLY EXT OF S LINE OF LOT 1 IRREGULAR

Ownership

  • Current Owner : ATCHISON TAYLOR
  • Current Owner 2: LOHSE ANGELA
  • Previous Owner : WALKER EDMUND J
  • Previous Owner 2: WALKER KRISTIN M
  • Owner Before Previous Owner: WALKER EDMUND
  • Owner Before Previous Owner 2: LENABURG KRISTIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 105500

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: MB:04344
  • District: 01
  • Parcel: 28-029-24-44-0319
  • Block: 1
  • Lot: 1,7
  • Meridian: SEC 28 QTR 44 TWN 029 RNG 24
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9659
  • Longitude: -93.29

    Address

  • Full Address: 826 Summit Ave
  • Address - House Number: 826
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C014
  • 4-Digit Zip Code: 3105
  • Zip Code: 55403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,900

    Appraisal Valuation

  • Standard Deviation: 0.1388
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 461,090
  • High Value: 525,113
  • Low Value: 397,067

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $810,000
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 04, 2022
  • First Open Lien Mortgage Loan Amount: $405,000
  • 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: Apr 01, 2052
  • Second Open Lien Mortgage Recording Date: Apr 01, 2022
  • Second Open Lien Mortgage Loan Amount: $405,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $414,000
  • Market Land Value: $136,000
  • Market Improvement Value: $278,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $414,000
  • Assessed Land Value: $136,000
  • Assessed Improvements Value: $278,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2022
  • Current Sale Recording Date: Apr 04, 2022
  • Current Sale Transaction ID: 11886028290
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11094119
  • Previous Sale Recording Date: Apr 01, 2022
  • Previous Sale Contract Date: Apr 01, 2022
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Apr 04, 2022
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: Apr 01, 2022
  • Previous Mortgage Loan Amount: $405,000
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 826 Summit Avenue located in?
The 826 Summit Avenue is a located in the neighborhood of Lowry Hill in Calhoun Isles, Minneapolis.
What is the average sales price for listings in 826 Summit Avenue?
The average sales price for units in 826 Summit Avenue is $0 currently.

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