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840 25th Avenue Southeast

840 25th Avenue Southeast, Minneapolis, MN 55414
Property in Como
Sold Jan 17, 2023
$450,000
$337,500 by Luminate Home Loans Inc
Mortgage Due Feb 01, 2053
Sold Jan 17, 2023
$420,000
840 25th Avenue Southeast 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 1961 and is 63 years old. The home has a total of 9 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 840 25th Avenue Southeast has 2,128 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 1,490 ft and across the front of the lot is 420 ft. The area measurement of the land has been determined as 5,227 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 detached garage for those who require parking. 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 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. In terms of heating, it is utilizing a forced air unit. 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, 840 25th Avenue Southeast was last sold in Jan 13, 2023 for $450,000. According to our calculations, that's $260.42 per sqft. Prior to that sales transaction, the property was sold for $420,000 in Jan 13, 2023. Current property owners are expected to pay $6,287 in taxes per year. The property on 840 25th Avenue Southeast was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $380,000. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $310,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,728
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLE & WEEKS ADDN TO MPLS
  • Land Acres: 0.12
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 007 019 COLE & WEEKS ADDN TO MPLS S 35 FT INCL ADJ 1/2 OF VAC ALLEY IRREGULAR

Ownership

  • Current Owner : BROGREN NICHOLAS
  • Previous Owner : 840 25TH AVENUE SE LLC
  • Owner Before Previous Owner: SPEARS LLC
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Minneapolis Public School District
  • School Tax School District: MINNEAPOLIS
  • Census Tract: 104001

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB:06070
  • District: 01
  • Parcel: 19-029-23-13-0078
  • Block: 19
  • Lot: 7
  • Meridian: SEC 19 QTR 13 TWN 029 RNG 23
  • Municipality: MINNEAPOLIS
  • Latitude: 44.9849
  • Longitude: -93.2175

    Address

  • Full Address: 840 25th Ave Se
  • Address - House Number: 840
  • Street Segment Direction: SE
  • Address - Street Name: 25th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C014
  • 4-Digit Zip Code: 2613
  • Zip Code: 55414

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,287

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 418,902
  • High Value: 488,486
  • Low Value: 349,319

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $675,000
  • First Open Lien Mortgage Lender: LUMINATE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 17, 2023
  • First Open Lien Mortgage Loan Amount: $337,500
  • 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: Feb 01, 2053
  • Second Open Lien Mortgage Recording Date: Jan 13, 2023
  • Second Open Lien Mortgage Loan Amount: $337,500
  • 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: Jan 13, 2053

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $70,000
  • Market Improvement Value: $310,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $380,000
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $310,000

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Transaction ID: 11902230280
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5995518
  • Previous Sale Recording Date: Jan 17, 2023
  • Previous Sale Contract Date: Jan 13, 2023
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUMINATE HOME LOANS INC
  • First Mortgage Transaction Date: Jan 17, 2023
  • First Mortgage Loan Amount: $337,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053

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Frequently Asked Questions

What neighborhood is 840 25th Avenue Southeast located in?
The 840 25th Avenue Southeast is a other located in the neighborhood of Como in University, Minneapolis.
What is the average sales price for listings in 840 25th Avenue Southeast?
The average sales price for units in 840 25th Avenue Southeast is $0 currently.

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